in5points
FinanceMoneycontrol

IDBI Bank shares jump over 3% after report of govt nod for strategic disinvestment

in5points
  1. IDBI Bank shares rose over 3% on reports of government approval for strategic disinvestment.

  2. Government and LIC together hold nearly 95% stake in IDBI Bank.

  3. They plan to divest a combined 60.72% stake along with management control.

Story angle

Center-right

L
CL
C
CR
R

Mostly straight facts, with a light government- or market-friendly tilt.

About how the story is framed, not whether the facts are true.

Moneycontrol

Center-right

Mixed factuality

Who owns this?

Mukesh Ambani

Network18

Reliance Industries (Mukesh Ambani)

Wikipedia: Mukesh Ambani