LIC‘s move to sell its cash-strapped Reliance Capital Ltd (RCL) Rs 3,400 crore secured principal debt to an asset restructuring company (ARC) has angered its...
On 12 October, the state-run insurance major announced that it sold a 2 per cent stake in the state-run power transmission company. The shareholdings of...
The Department of Investment and Public Assets Management (DIPAM) on October 7 invited potential bidders to submit expressions of interest (EoI) for the strategic divestment...
The government has contacted the capital market regulator to ask IDBI Bank to relax its minimum public shareholding (MPS) norms for two years after privatisation,...
JSW Steel shares rose 3% on Monday as street sentiment turned in favour of the Sajjan Jindal-led steel company after India’s state insurer Life Insurance...
The Economic Times reported on September 5, citing people familiar with the matter, that banking giants HDFC Bank and State Bank of India (SBI) plan...
Life Insurance Corporation of India, placed in India’s top 10 companies by market capitalisation, was replaced by Bajaj Finance and Adani Transmission, both of which...