India: IDBI bailout; igrenEnergi stake sale; lenders take majority stake in Jaiprakash Power

India: IDBI bailout; igrenEnergi stake sale; lenders take majority stake in Jaiprakash Power

Photo: Pradeep Gaur/Mint

Indian government is planning to infuse around $450 million in IDBI Bank, while Japan’s Broadband Tower KK has picked up stake in igrenEnergi. Also, lenders have taken over majority stake in Jaiprakash Power Ventures.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter