Adani Enterprise, Adani Green, HDFC, Maruti Suzuki, Insurance Companies are in Focus
Domestic stocks will likely remain on edge on Thursday as pessimism in Adani Group shares could overshadow positive global signals. At 7:30 am, the SGX...
Tag : LIC
LIC Shares Under Pressure
Shares of the state-run life insurance giant, Life Insurance Corporation, came under selling pressure on Tuesday after JPMorgan downgraded its rating and lowered its price...
Sebi Approves Govt Stake in IDBI Bank to be Reclassified as ‘Public’
The Securities and Exchange Board of India (SEBI) has allowed the centre to reclassify its stake in IDBI Bank as “public” following the divestment, provided...
Fino Payments Surge 36% in 2 Days as Capri Global Buys 1.3 Million Shares
Shares of Fino Payments Bank rose 13% to Rs 262.70 in intraday trade on NSE on heavy volume on Thursday. The fintech company’s shares have...
Centre Seeks Extension to Meet 25% Public Holding Norm for IDBI Bank Stake Sale
According to CNBC TV-18, the central government seeks SEBI to extend IDBI Bank’s 25% minimum public shareholding (MPS) standard after privatisation. The channel reported on...
LIC’s Move to Sell Reliance Capital’s Debt to ARC Rattles Lenders, Bidders
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...
LIC Shares Rise on Report That Insurer Plans to Issue Bonus Shares and Dividends
Life Insurance Company of India (LIC) shares rose 4.1% to Rs 617.1 in BSE intraday trade on Monday after reports that the company plans to...
LIC Reduces Shareholding in PGCI to 3.3%
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...
Govt, LIC Jointly Divest 60.72% Stake in IDBI Bank
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...
SBI and Union Bank of India Set to Raise Rs 5,500 Crore
State Bank of India (NSE -1.81%) (SBI) and Union Bank of India will raise a total of about Rs 5,500 crore in 15-year bonds locally,...