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
14 Feb 2022 8:23 AM
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
10 Aug 2021 8:55 AM
The Department of Economic Affairs under the finance ministry recently amended the Securities Contracts (Regulation) Rules
08 Jul 2021 5:38 PM
PSUs not only play a pivotal role in the economy, but also contribute overall to nation building.
16 Feb 2020 4:52 AM
The walk-out will take place at all offices of the insurance behemoth across the country.
04 Feb 2020 12:54 PM
The fund will finance 1,600 stalled housing projects comprising 4.58 lakh housing units across India, said FM Sitharaman.
06 Nov 2019 8:34 PM
Out of Rs 9,000 crore, government will provide Rs 4,557 crore as one-time re-capitalisation, said Minister Prakash Javadekar..
03 Sep 2019 3:15 PM
The capital infused was largely consumed to tide over losses resulting from provisions required on non-performing assets.
09 Aug 2019 9:14 AM
Sebi had received complaints from ITC and LIC alleging violations by promoters and JMF ARC in respect of asset sale.
24 Jul 2019 1:20 PM
The funds will be raised for 30 years and the interest rate will be revised every 10 years, as per initial plans.
22 Jul 2019 2:59 PM
All the 24 life insurers had written new gross premium of Rs 16,611.57 in the same month a year ago.
14 Jul 2019 12:07 PM
Under Section 241 of the Companies Act, 2013, a minimum shareholding of 10 per cent is required to file such cases.
28 May 2019 7:56 PM
Bureau was assigned with the task of recommending personnel for appointment as directors in govt-owned insurance companies.
19 Apr 2019 11:06 AM
The sale would help in monetisation of movable enemy property lying dormant for decades.
05 Apr 2019 10:30 AM
Board of IDBI Bank had last month sought RBI's approval for change in the name of the lender to either LIC IDBI Bank.
20 Mar 2019 2:48 PM
IDBI Bank has been categorised as a private sector lender following acquisition of majority stake by LIC, RBI said.
14 Mar 2019 6:49 PM
IDBI and LIC, through its collective network of branches, offices and workforce, have started leveraging their mutual business synergies.
11 Mar 2019 11:54 AM
By the end of the day, the number of policies sold crossed 18,000.
07 Mar 2019 1:17 AM
There has been a long-standing demand for another chance.
03 Mar 2019 10:11 AM
We are expecting a growth between 12 per cent and 18 per cent this fiscal: CEO, director IDBI Federal Life, Vighnesh Shahane
06 Feb 2019 12:51 PM