IDBI Bank’s sale process kicked off when a preliminary information memorandum was issued by the finance ministry on October 7. The government of India and Life Insurance Corporation of India (LIC) are jointly selling 60.72% equity in the bank.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created