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CREDITACCESS GRAMEEN STAKE SALE
CreditAccess India sells 2.28% stake in Grameen to offer investors liquidityCreditAccess India, the promoter of India’s largest pure-play microfinance lender CreditAccess Grameen, has sold a 2.28% stake through bloc...- LIC sees no further government stake sale for 18-24 months, says MD; Q1 profit rises 23%The government will likely not sell more LIC shares for eighteen to twenty-four months. LIC has until 2032 to meet minimum public sharehold...
- LIC shares fall after India’s largest OFS closes with oversubscription on both daysThe government raised Rs 31,552 crore through LIC’s record Offer for Sale (OFS), selling a 6.5% stake after exercising the greenshoe option...
- It's a secret: LIC’s unusually fast $3.3 billion deal kept bankers in darkLIC OFS: The Indian government raised $3.3 billion by selling additional LIC shares in the country's biggest secondary stock offering after...
- FIFA apologises to members as Infantino holds crisis meeting amid stake sale falloutFIFA apologized for errors in its abandoned commercial rights proposal. The organization reaffirmed support for President Gianni Infantino ...
- LIC's second act smarter price tagThe Life Insurance Corporation is gearing up for a monumental offer for sale, potentially the largest in history. This move allows the gove...
- LIC OFS gets strong response from retail investors, subscribed 1.82 times the base sizeLIC’s retail offer for sale attracted strong investor interest, with the base retail issue subscribed 1.82 times. The government’s 6.5% sta...
- Soccer: Infantino holds crisis meeting in Morocco as FIFA stake sale fallout continuesFIFA President Gianni Infantino is holding a crisis meeting in Morocco. His proposal to sell World Cup commercial rights has collapsed amid...
- Elevation Capital, Peak XV Partners sell 2.3% stake in Meesho for Rs 1,949 crore; stock fallsFollowing the stake sale, Meesho's shares fell nearly 1 per cent on Wednesday to trade at Rs 190.50 apiece on the National Stock Exchange (...
- Institutional investors over-subscribe LIC OFS, govt opts for green-shoe optionThe government's Life Insurance Corporation share sale has garnered overwhelming attention from institutional investors, with bids amountin...
- LIC OFS: Non-retail portion fully subscribed on Day 1. Here’s what investors should knowLIC's Rs 31,410-crore offer for sale (OFS) was fully booked on Tuesday on Day 1. The government aims to pare its stake through a 2.5% base ...
- LIC shares sink 9% as OFS opens at 11% discount. Here's all you need to knowLIC shares plunged nearly 9% after the government’s offer for sale (OFS) to divest up to a 6.5% stake in the insurer opened for institution...
- Government unveils offer for sale to dilute LIC stakeThe Centre has announced an Offer for Sale in Life Insurance Corporation of India. This issue will open for non-retail investors on Tuesday...
- LIC OFS opens on August 4 as govt looks to sell up to 6.5% stake. Check detailsThe government will launch LIC’s offer for sale for non-retail investors on Tuesday and retail investors on Wednesday. It plans to divest u...
- Formal retail credit access doubles over past decadeIndia’s formal retail credit market has expanded sharply over the past decade, with credit access rising from 35% of consumers in 2017 to 7...
- Ahead of Market: 10 things that will decide stock market action on FridayIndian equities extended gains after the US Federal Reserve kept rates unchanged, with Sensex rising 274 points and Nifty closing above 24,...
- FIFA mulls stake sale through new $20 billion entity, source saysFootball's governing body, FIFA, is planning to sell a significant minority stake. This new commercial entity is valued at approximately tw...
- Ahead of Market: 10 things that will decide stock market action on TuesdayIndian markets snapped a five-session losing streak as easing Iran-US tensions, lower crude prices and upbeat earnings lifted sentiment. Se...
- CreditAccess Grameen Q1 net profit jumps 8-fold to Rs 493 crCreditAccess Grameen reported an eight-fold increase in profits during the first quarter, driven by improved ground-level repayment rates a...
- Q1 Results today: SBI Life, Tata Consumer, Hindustan Zinc among 86 companies to announce earningsA total of 86 companies are slated to announce their Q1 FY27 earnings today, with key names including Tata Consumer Products, SBI Life Insu...
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