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Govt to retain management control in LIC after listing: Sitharaman

Meanwhile, Minister of State for Finance Anurag Thakur in another reply said the government has gi…

PTI   


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Hero MotoCorp says LIC has hiked stake by 2 pc

Life Insurance Corporation of India (LIC) acquired 40,16,255 shares amounting to 2.011 per cent st…

PTI   


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3 mins read

The Tata name is worth $19.5 billion — more than the brand value of LIC and Infosys put together

The group is one of India's largest with operations all over the world in over 100 countries. …

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2 mins read

LIC executives are being investigated by India’s corporate fraud agency for their role in the IL&FS crisis

The investigation into Infrastructure Leasing & Financial Services (IL&FS) deepens. …

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3 mins read

Why India’s reliance on state insurance giant LIC to bailout troubled lenders is worrying

India’s regulators restrict investments by insurance organisations to a maximum of 15…

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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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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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Sebi orders LIC, SBI, Bank of Baroda to reduce stake to below 10 pc in UTI AMC by Dec 2020

New Delhi, Dec 6 () Markets regulator Sebi on Friday directed three public sector financial institu…

PTI   


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Top things to look out for in the markets today

Meanwhile, major indices closed 0.1-0.2 percent higher on Wall Street with no discernable trend o…

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1 min read

SBI To Acquire UTI Mutual Fund

The country’s largest state-run bank had mooted the proposal to the Department of Financial Service…

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Anil Ambani's Reliance Group starts transformation journey, achieves near zero-debt

Reliance Infra announced a significant reduction in standalone external debt, lowering it from Rs 3…

PTI   


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Hyundai Motor India’s ₹25,000 crore IPO gets SEBI approval – India’s biggest IPO expected to launch in October

Hyundai Motor India Limited (HMIL), the Indian arm of the South Korean automaker Hyundai has receiv…

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3 mins read

IPO Mania on D-Street to continue in October-November; Hyundai, Swiggy look to raise Rs 60,000 crore

As per reports, the Indian markets can expect around 30 IPOs before the end of 2024. The biggest of…

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3 mins read

Time to push divestment of state-owned banks, says SBI report

With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…

PTI   


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4 mins read

Qatar Investment Authority unit, SBI funds, Citigroup biggest buyers in Adani Energy's USD 1 billion QIP

The Rs 8,373.10 crore (USD 1 billion) qualified institutional placement (QIP) of Adani Energy Solut…

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Hyundai Motor India files draft papers with SEBI for India’s biggest IPO

Hyundai Motor India Limited (HMIL), the Indian arm of the South Korean automaker Hyundai, on Saturd…

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Mutual fund stake in NSE-listed cos at all time high; FPIs at 11-yr low

The share of Domestic Institutional Investors (DIIs), which includes domestic mutual funds, insuran…

PTI   


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3 mins read

Domestic market ownership rises for fifth quarter in a row to 24.44% in December 2022

In September 2022, the share was 24.25 per cent, according to data collated by market informati…

PTI   


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Sensex, Nifty50 likely to open higher amidst negative global cues: Dr. Reddy’s Labs, Paytm, PNB Housing Finance among stocks to watch

India’s benchmark indices Sensex and Nifty50 are likely to open higher on Tuesday despite negative …

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Last day to apply for Delhivery IPO; grey indicates a discounted listing

For those interested in applying for the initial public offering (IPO) of logistics and supply chai…