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5 mins read

Even after the LIC IPO, Indian government may be well short of its divestment target ⁠— for a third year in a row

The union government might miss the divestment target for financial year 2022, which will be the th…

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1 min read

LIC IPO to be launched between Jan-Mar 2022

According to Tuhin Kanta Pandey, Secretary, Department of Investment and Public Asset Management…

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2 mins read

Do you own an LIC policy? Here is how you can link your PAN before applying for the LIC IPO

India’s largest insurance company Life Insurance Corporation (LIC), on Wednesday, released advertis…

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2 mins read

India's largest-ever IPO may be shelved until next year

Finance Minister Nirmala Sitharaman while presenting the Budget 2020-21 had announced stake sale…

PTI   


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LIC IPO: Government picks 10 merchant bankers including Goldman Sachs, Citigroup Global and Nomura

The disinvestment department had invited applications for the appointment of merchant bankers…

PTI   


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LIC IPO size might be cut to ₹30,000 crore, says report

State-owned insurance behemoth Life Insurance Corporation of India (LIC) is said to cut down its in…

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LIC IPO may finally be launched in the last week of April, say reports

State-owned insurance behemoth Life Insurance Corporation of India (LIC) is expected to finally lau…

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The biggest IPO of the next financial year ⁠— LIC, whose corpus is at ₹31 lakh crore

The government just announced what is likely to be the biggest initial public offering (IPO) in the…

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2 mins read

Julius Baer upgrades India to overweight as fastest growing major economy in 2021

Singapore-based fund house, Bank Julius Baer, has upgraded India to overweight as it will be the fa…

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3 mins read

Looking to unlock value in IDBI Bank: LIC chief

Explaining further, the corporation's appointed actuary Dinesh Pant said, "LIC (Act) has got a Sec…

PTI   


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3 mins read

Will Modi Government’s Divestment Plan Turn A Whimper?

A clutch of factors may hinder the government from meeting its target this year as well. Its plan t…

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2 mins read

IL&FS has no option but to sell its profitable financial services unit as it tries to avoid bankruptcy

IL&FS is offloading a majority stake in its financial services subsidiary, IL&FS Finan…

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2 mins read

After IDBI Bank, LIC now has to bail a huge infrastructure lender out

LIC is the largest shareholder in IL&FS, with a 25.34% stake. It will pump ₹40 billion int…

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2 mins read

IndianOil, LIC and SBI are the only state-owned entities to feature in Brand Finance’s list of ‘most valuable’ brands

Both the Navratna companies — IOC and LIC — have risen in their rankings this year. But Indian O…

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1 min read

India wants to make up for missing its fiscal deficit target, to sell $730 mn stake in NTPC ahead of budget

The government, which owns almost three quarters of NTPC, will sell about 412.3 million shares by a…

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3 mins read

Government merges the Department of Public Enterprises with the Finance Ministry to bring better control over state-owned firms

Finance ministry will now have six departments while DPE's hereto parent ministry, the ministry …

PTI   


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8 mins read

Markets Hit Fresh Life Highs And Experts Say Bull Run Is On; Top 20 Stock Bets

The markets are on a roll, with the Sensex and Nifty making fresh life highs, led by gains in banks…

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