IDBI sale row: Against rules, officials saw Fairfax bid before fixing value
The Siasat Daily
The brief
New Delhi: The sale of a controlling stake in IDBI Bank to Canada’s Fairfax Financial Holdings has run into fresh controversy, with Businessworld reporting that according to an internal government note, officials opened Fairfax’s sealed bid before ordering the valuations used to judge whether the offer was fair. The Department of Investment and Public Asset Management (DIPAM) has … Get the latest updates in Hyderabad…
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The Siasat Daily
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