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Total 250 results found. Search for [ LIC STAKE SALE ]

Results 1 to 21 of 250
Dipak Mondal
New Delhi, November 25, 2020
The pandemic had put the brakes on the government's ambitious disinvestment plans for the fiscal. However, things have started picking up as businesses go back to normal and markets regain their appetite for buying assets. DIPAM Secretary Tuhin Kanta Pandey lays down the road ahead for the department


BusinessToday.In
November 16, 2020
In its request for proposal, Department of Investment and Public Asset Management stated that LIC needs an Indian Embedded Value (IEV) reporting framework for the necessary disclosures for its proposed IPO


PTI
October 25, 2020
DIPAM Secretary Tuhin Kanta Pandey said the pre-IPO work of LIC is going on at four stages -- appointment of advisors for ensuring compliance, legislative amendment, LIC's internal software changes to come out with its 'embedded value' and appointing an actuary for vetting LIC's actuarial valuation


PTI
October 20, 2020
The government is likely to further extend the deadline for putting in a preliminary expression of interest for the loss-making national carrier to December 15


BusinessToday.In
October 12, 2020
The share opened at Rs 490.25 causing loss of Rs 63 or 11.50% to investors. Price band of the IPO was fixed at Rs 552 to Rs 554 per share


BusinessToday.In
October 5, 2020
The allotment for the shares is expected to be known by October 7/ October 8. Those who had bid for the issue can check the subscription status on the online portal of KFin Technologies, the registrar to the issue


BusinessToday.In
October 5, 2020
The issue received bids for 5,42,64,854 shares against 1,37,70,491 shares on offer, translating into 3.94 times subscription. The IPO was of a fresh issue of Rs 300 crore and an offer for sale of Rs 300 crore


Aprajita Sharma
October 1, 2020
If you declare that you are a smoker but have no lung disease, you may get a health policy at the same premium as a non-smoker without medical tests; but things may be different for life insurance


BusinessToday.In
September 29, 2020
The government is planning to sell 25 per cent stake in Life Insurance Corporation (LIC) of India via public offering amid drying revenue and widening budget gap


BusinessToday.In
September 29, 2020
The objective of the offer is to achieve the benefits of listing the equity shares on the stock exchanges. Being an OFS, the net proceeds from the share sale of UTI AMC will go to existing shareholders SBI, LIC, BoB


BusinessToday.In
September 28, 2020
Kotak Mahindra Capital Company, Axis Capital, Citigroup Global Markets India, DSP Merrill Lynch, ICICI Securities, JM Financial and SBI Capital Markets are the book running lead managers to the offer


BusinessToday.In
September 23, 2020
The initial public offering (IPO) of Angel Broking has been fully subscribed on the second day of bidding i.e. Wednesday


BusinessToday.In
September 23, 2020
UTI AMC IPO will close on October 1. Price band for the share sale is yet to be announced


BusinessToday.In
September 23, 2020
India Stock Market News Updates Today: Bharti Airtel, Tata Steel, PowerGrid, NTPC, ONGC, TCS and Bajaj Auto were among the laggards on Sensex pack. On the other hand, Infosys, HCL Tech, Asian Paints, Kotak Bank, Titan and HDFC Bank were among the other gainers.


BusinessToday.In
September 22, 2020
Lenders to once-a-billionaire Anil Ambani's Reliance Capital Limited (RCL) which recently defaulted on its debt repayments to debenture holders have reportedly appointed investment management firms to sell assets of the company


Chitranjan Kumar
September 17, 2020
The government owns 83-96 per cent stake in these six PSBs, including Bank of India, Central Bank, Bank of Maharashtra, Indian Overseas Bank, Punjab and Sind Bank and UCO Bank, with market value of Rs 58,000 crore as of July 2020


BusinessToday.In
September 15, 2020
The much-awaited IPO is expected to lag on account of a growing realisation in the government and LIC that the designation of an asset valuer is still pending


Reuters
September 9, 2020
Dow Jones opened higher as a rout in technology shares halted and investors shrugged off news that AstraZeneca had paused global trials of its experimental COVID-19 vaccine


PTI
September 9, 2020
This include personal income tax (PIT) refunds amounting to Rs 30,768 crore issued to 25.83 lakh taxpayers and corporate tax refunds amounting to Rs 70,540 crore issued to over 1.71 lakh taxpayers during this period


PTI
September 9, 2020
The 2020 Forbes list of 400 Richest People in America has been topped by Bezos, 56 who has a net worth of USD 179 billion and has occupied the spot of the richest person in the US for the third year in a row


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