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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
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
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. …
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. …
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…
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…
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…
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
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…
SBI To Acquire UTI Mutual Fund
The country’s largest state-run bank had mooted the proposal to the Department of Financial Service…
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
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…
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…
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
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…
PTI
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…
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
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
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 …
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…