IDBI Bank Stake Sale: TPG, Carlyle, Fairfax Tapped The Centre is learnt to have reached out to global buyout funds and financial institutions, such as the Carlyle Group, TPG Capital and Prem Watsa-controlled Fairfax Holdings, to gauge investor interest in buying majority stakes held by the government and Life Insurance Corporation of India LIC in the bailed-out lender, investment banking and private equity executives familiar with the matter.
India s decision to buy Russian oil is defended by the government as a moral duty to give the best deal for the country's citizens.
Credit Scheme gets 50 kcr Push; Govt Support for Farm Loans The Cabinet on Wednesday approved a 50,000 crore increase in the limit for the Emergency Credit Line Guarantee Scheme ECLGS to ensure low-cost credit to hospitality and related segments hit hard by the Covid-19 Pandemic.