LIC
Govt to sell 5% stake in LIC; embedded value at Rs 5.4 L cr
The LIC policyholders and LIC employees will be offered equity shares at a discount to the public issue price to be set by the company
Retail investors Shareholding In NSE-Listed Companies At new High
In rupee value terms, retail holding in companies listed on NSE reached an all-time high of Rs 16.18 lakh cr from Rs 13.94 lakh cr
LIC to have CEO, MD positions; government does away with Chairman post
The Department of Economic Affairs under the finance ministry recently amended the Securities Contracts (Regulation) Rules
India’s public sector is going downhill
PSUs not only play a pivotal role in the economy, but also contribute overall to nation building.
LIC staff union to hold walk-out strike to protest against IPO
The walk-out will take place at all offices of the insurance behemoth across the country.
Cabinet approves Rs 25,000 crore fund for stalled housing projects
The fund will finance 1,600 stalled housing projects comprising 4.58 lakh housing units across India, said FM Sitharaman.
Union Cabinet clears over Rs 9,000 cr capital infusion in IDBI Bank
Out of Rs 9,000 crore, government will provide Rs 4,557 crore as one-time re-capitalisation, said Minister Prakash Javadekar..
Rs 3 tln of capital infusion only helped PSBs trim losses, not drive credit supply
The capital infused was largely consumed to tide over losses resulting from provisions required on non-performing assets.
Sebi directs Hotel Leela to make more disclosures to shareholders on asset sale
Sebi had received complaints from ITC and LIC alleging violations by promoters and JMF ARC in respect of asset sale.
LIC offers Rs 1.25 lakh cr line of credit by 2024 to fund highway projects: Gadkari
The funds will be raised for 30 years and the interest rate will be revised every 10 years, as per initial plans.