SBI Funds Management and Manipal Hospitals are gearing up for major initial public offerings. SBI Funds’ IPO is expected to be between ₹12,000-13,000 crore. Manipal Hospitals’ offering is estimated at ₹9,000-11,000 crore. Both companies aim to file their draft prospectuses by the end of March, signaling significant market activity.
IDBI Bank shares jump 3% as Fairfax set to make biggest foreign investment in Indian lender, buy stake worth Rs 53,000 cr
Fairfax Holdings has been finalized for the IDBI Bank stake sale. This significant deal is expected to be worth approximately Rs 53,000 crore. The government