Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax
Loading...
Search

Total 530 results found. Search for [ Life Insurance Corporation (LIC) ]

Results 1 to 21 of 530
BusinessToday.In
October 23, 2020
The minimum purchase price is Rs 1,50,000. Modes of annuity offered by LIC are yearly, half-yearly, quarterly and monthly, with the minimum annuity being Rs 12,000 per annum


BusinessToday.In
October 19, 2020
As per the latest shareholding pattern available on the BSE, LIC has increased its stake in Kotak Mahindra Bank by 0.73 per cent to 3.18 per cent from 2.45 per cent earlier


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


Anand Adhikari
New Delhi, October 8, 2020
The Insurance Regulatory and Development Authority of India  ( IRDAI) has identified three state owned insurance companies - LIC, GIC Re and the New India Assurance Company as 'too big to fail' institutions. The firms are so big and important that their failure will impact the entire financial system. These institutions will be subjected to higher supervision by the insurance regulator. There's a need for the implementation of the new framework in letter and spirit. The government and regulator are required to follow a broad governance framework in a more rigorous manner.  Anand Adhikari, Executive Editor of Business Today, explains. Watch the video for more.Also Read: This midcap IT stock delivered 130% returns in 11 months; should you buy?


Anand Adhikari
October 5, 2020
While the 94-year Laksmi Vilas Bank is a much smaller bank with a balance sheet of Rs 25,000 crore, one-tenth of YES Bank and one-twelfth of IDBI Bank, it needs immediate infusion of capital


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
September 30, 2020
The Rs 2,160-crore initial public offering of UTI Asset Management Company was subscribed 78.5 per cent on the second day of bidding on Wednesday


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
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
Happiest Minds Technologies IPO: Investors can check status of their share allotment on the website of KFin Technologies. One needs to submit PAN number or IPO application number to check the allotment status


BusinessToday.In
September 15, 2020
Central Bureau of Investigation has said 38 people involved in financial irregularities with banks fled from India between January 1, 2015, and December 12, 2019, Anurag Thakur said


BusinessToday.In
September 15, 2020
India Stock Market Highlights Today: Titan, followed by Sun Pharma, HDFC, ICICI Bank, Bajaj Finance, NTPC, HDFC Bank and M&M were among the major gainers on Sensex pack today. On the other hand, Tech Mahindra, HCL Tech, Kotak Bank, ITC and Bharti Airtel were among the laggards


BusinessToday.In
September 8, 2020
The government, which currently holds 87.40 per cent stake in IRCTC, has to bring down its shareholding in the company to 75 per cent to meet Sebi's public holding norm


Aseem Thapliyal
September 8, 2020
LIC IPO: Listing of the insurer will make it one of India's biggest companies in terms of market capitalisation along with Reliance Industries, TCS and HDFC Bank.


BusinessToday.In
September 7, 2020
The IPO of LIC is expected to contribute a huge chunk to the government's budgeted disinvestment kitty of Rs 2.10 lakh crore this fiscal


PAGES 1 OF 27  12345