DevelopingBusiness · India

Cabinet clears Fairfax’s ₹58k-cr IDBI majority stake acquisition

First reported 2026-10-15 02:19 UTC · Updated 2026-10-15 06:12 UTC · 2 independent sources

The Indian government has been divesting its stake in several state-owned companies this year as it tries to keep its growth engine running amid deepening fiscal pressures.

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Who reported it

  1. 2026-10-15 02:19 UTCHindustan Times · hindustantimes.com ↗
  2. 2026-10-15 06:12 UTCCNBC · cnbc.com ↗

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