Stocks in news: Aster DM Healthcare, Bank of Baroda, Jubilant FoodWorks, Infosys, Easy Trip Planners, Anupam Rasayan and more

The Life Insurance Corporation of India (LIC) will also undergo a change in its board structure and adopt new accounting standards before its IPO

Never mix your insurance and investment. If you mix both, you neither get adequate insurance cover nor adequate returns on your investments

NPS has gained a reasonable amount of popularity over the past few years due to high returns generated under the scheme. However, experts believe returns should not be the sole reason to invest in NPS

Appointments committee of cabinet has approved the proposal of the department of financial services to extend the term of Kumar beyond his currently notified term

NARCL is being formed by all the banks whereupon some of the NPA advances will be transferred to that ARC for recovery...NARCL is constituted to be promoted by 51 per cent share from the public sector space. said PNB Managing Director S S Mallikarjuna Rao

Flipkart is holding talks with investors such as Canada Pension Plan Investment Board (CPPIB), Abu Dhabi's ADQ, and Japan's SoftBank to raise total funding of around $3 billion

Domestic equity markets have shown resilience. Here are five sectors that will do well in spite of the Covid-19 mayhem

The disinvestment plan includes sale of assets like BPCL, Air India, Shipping Corporation of India, Container Corporation of India, IDBI Bank, BEML, Pawan Hans and Neelachal Ispat Nigam

Three promoter entities United India Insurance, National Insurance and New India Assurance have made a request to reclassify them to \"public\" category from \"promoter\" category, in terms of Sebi regulations

Beginning April 2022, a mobile wallet user, who is fully vetted and has fulfilled all KYC norms, will be able to send and receive money from various mobile wallets

Rajesh Exports share touched an intraday high of Rs 544.65, rising 6.07%. Market cap of the firm rose to Rs 15,510 crore on BSE 

If the deceased was into a formal employment, contributing to the EPF, he or she will be eligible for life insurance in the range of Rs 2.5 lakh to Rs 7 lakh in proportion of the basic salary

After per regulator's orders, selling and renewing Corona Kavach policy is mandatory for all insurers; doing this for Corona Rakshak is optional

Not just did property developers witness increase in housing sales on the back of lower interest rates last year, but they also found buyers looking for bigger homes

Stocks in news: Bharti Airtel, Mphasis, Cipla, Hero MotoCorp, Punjab National Bank, Adani Green Energy and more

Section 269SS of the Income Tax Act, 1961 bars receipt of Rs 20,000 or more in cash as loan or deposit by an individual from another individual

The government and LIC have taken a decision to offload the equity stake in the development financial institution turned IDBI Bank to a strategic investor. But the big question is at what price the stake will be sold to a strategic investor. At the current valuations, the bank will be sold at a dirt-cheap price.  In fact, the sale should be based on the forward-looking parameters, which are very encouraging for the bank. The bank has witnessed a turnaround with the first-ever profits in the last five years. It has completely shifted from a corporate bank to a retail bank, which is much secured in terms of asset quality. The LIC-IDBI Combo offers a huge opportunity to cross-sell as the insurance giants have crores of customers.  And finally, the new buyer has to pay a control premium for acquiring a large stake and also a banking license, which is difficult to get as there are many aspirants. Anand Adikari, Executive Edtior, Business Today looks at the valuation issues surrounding the stake sale. Also Read : E-investingWatch More: How to make ARCs more effective to manage post-Covid NPAs  

When the future of capitalism is threatened, companies need to change gears from mere profit maximisation to profit with purpose

To address difficulties experienced by policyholders in submitting documents required for claim settlement in servicing branch, submission of documents has been allowed in any nearby LIC office for due maturity or survival benefit claims