Life Insurance Corporation of India (LIC) has entered into a tie-up with IDFC First Bank Ltd under corporate agency arrangement. This tie-up will facilitate more than 1 crore…
Read more LIC enters into tie-up with IDFC First Bank under corporate agency arrangementLife Insurance Corporation of India (LIC) has increased its shareholding in Navin Fluorine International Ltd (NFIL) from 5.037 per cent to 7.071 per cent of the latter’s paid-up…
Read more LIC raises stake in Navin Fluorine Intl by about 2 percentage points to 7.071 %It’s a two-horse race for IDBI Bank between Kotak Mahindra Bank and Prem Watsa-led Fairfax India Holdings, with both parties willing to pay a premium for acquiring a…
Read more Kotak vs Watsa: The battle for acquiring IDBI Bank intensifiesAs the IDBI Bank privatisation enters the next stage, it may end up being one of the most profitable divestment processes for the government in recent years. Interested…
Read more IDBI Sale likely to conclude at 7-10 per cent premiumLife Insurance Corporation (LIC), the largest insurance company in the country, reported a massive net profit of Rs 15,952 crore for the quarter ended September 30, 2022 (Q2…
Read more LIC Q2: Insurer witnesses massive jump in net profit to Rs 15,952 cr in Sept quarter from Rs 1,433 cr in FY22Life Insurance Corporation (LIC) increased its shareholding in diversified non-banking financial company (NBFC) from 7.05 per cent to 9.07 per cent, the corporation said in a filing. LIC…
Read more LIC increases shareholding in Capri Global Capital to 9.07% from 7.05%The government and state-owned insurer LIC, who will continue to hold significant shareholding in IDBI Bank after its privatisation, will not veto any proposals of the new owner…
Read more IDBI Bank selloff: Government, LIC assure free hand to new promoter after divestment
