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Karan Dhar
September 17, 2018
PM Modi's cash-in-hand dropped by a whopping 67 per cent to Rs 48,944 as of March 31 this year from around Rs 1,50,000 in the previous year.


BusinessToday.In
September 17, 2018
The merged entity or amalgamated bank would be India's third largest.


PTI
September 16, 2018
At the emergency meeting, IL&FS's largest shareholder, LIC, which holds 25.34 per cent, is believed to have agreed to subscribe to the forthcoming rights issue and extend some immediate working capital loan.


BusinessToday.In
New Delhi, September 13, 2018
Office space is in heavy demand in BKC, which has emerged as the city's financial centre in the past few years, taking over from Nariman Point. So, the sale of the corporate headquarters is expected to fetch Rs 1,300-1,500 crore. 


Mudit Kapoor
New Delhi, September 12, 2018
Jeevan Shanti plan is a non-linked, non-participating, single premium plan in which the policy holder has a choice between immediate annuity and deferred annuity.


PTI
September 10, 2018
If NCLT allows the plea of the ICICI Bank, then this will be the second company of the crisis hit Jaypee group facing insolvency.


BusinessToday.In
New Delhi, September 7, 2018
\"We will look at their (LIC's) business plan (post acquisition of 51 per cent stake in IDBI Bank) and then decide on reduction of its stake in IDBI Bank (to 15 per cent),\" says IRDAI Chairman SC Khuntia


BusinessToday.In
New Delhi, September 7, 2018
Couple of months after its launch that disrupted the telecom industry with its cheap data plans and wide availability, Jio rushed to the 11th spot.


BusinessToday.In
September 4, 2018
In June, the board of Insurance Regulatory and Development Authority of India had permitted LIC to increase its stake from 10.82 per cent to 51 per cent in IDBI Bank.


Anand Adhikari
New Delhi, September 4, 2018
The first woman MD of LIC is leaving her mark on the Rs 28 lakh crore assets corporation.


Anilesh S Mahajan
New Delhi, August 30, 2018
Other than convincing the RBI and bankers to back the road projects, Jaitley will also have to work with the central bank to develop financial institutions.


BusinessToday.In
New Delhi, August 29, 2018
The order came in light of the writ petition filed by All-India IDBI Bank Officers' Association, asking the court to prohibit the government from reducing its stake in the bank below 51 per cent.


PTI
New Delhi, August 28, 2018
The oral assurance by the LIC was given before Justice Vibhu Bakhru as he appeared inclined to pass orders restraining LIC from making any investment in the IDBI in which the government intends to dilute its shareholding below 51 per cent.


Tripti Kedia
New Delhi, August 20, 2018
Look at the corporate governance theme to pick winning stocks.


Naveen Kumar
New Delhi, August 20, 2018
The Kushvaha family bets big on equity, but debt assets are a must to ward off volatility, says Suresh Sadagopan, Founder of Ladder 7 Financial Advisories.


BusinessToday.In
August 14, 2018
The Life Insurance Corporation is in the process of buying 51 per cent stake in the debt-stressed IDBI Bank. The Union Cabinet gave its approval to the proposal on August 1.


BusinessToday.In
August 2, 2018
RBI increases repo rate by 25 basis points to 6.5%, maintains 'neutral' stanceThe RBI's Monetary Policy Committee, during its by-monthly meeting on Wednesday, increased the repo rate by 25 basis points to 6.5 per cent from the previous rate of 6.25 per cent. This is the second hike in the interest rate after four years of continuous halt by the central bank. This time too, the MPC again maintained the neutral stance to achieve the medium-term target for inflation of 4 per cent in ...


BusinessToday.In
New Delhi, August 1, 2018
The approval of the deal makes LIC a majority holder in the bank. As per the proposal, IDBI Bank will issue preferential shares to LIC to raise money.


BusinessToday.in
New Delhi, July 27, 2018
Having installed solar panels on DEMU trains, Indian Railways is now going to fix them on 250 coaches of passenger trains; Facebook sees biggest single-day market cap wipeout in US history; is LIC bailing out debt-laden and liquidity-strapped IL&FS? BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


BusinessToday.In
New Delhi, July 26, 2018
Incorporated in 1987, IL&FS was ex-Citibanker Parthasarathy's brainchild and was initially promoted by the Central Bank of India, Housing Development Finance Corporation Limited and Unit Trust of India (UTI).


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