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LIC weighing plans to invest in health insurance, fintech: R Doraiswamy, CEO, LICLIC said the government’s ₹31,552-crore offer for sale reflects investor confidence and helped achieve 10% public shareholding. The insurer...- Inside LIC’s Rs 16 lakh crore portfolio: Its biggest stock buys and sells in June quarterLife Insurance Corporation bought shares worth over Rs 16,000 crore in June. Bharti Airtel and Maruti Suzuki saw the largest buying from th...
- ET Business Growth Summit-Ahmedabad highlights tech and innovation as next growth driversThe ET Business Growth Summit in Ahmedabad recorded strong industry participation, underscoring the resilience of businesses in the region.
- NCLT approves Aspect JV's resolution plan for Radius & Deserve Land DevelopersThe NCLT approved Aspect Group's resolution plan for Radius & Deserve Land Developers. This approval concludes the company's corporate inso...
- MSEDCL appoints 8 bankers for Rs 10,000 crore IPOMaharashtra State Electricity Distribution Co has appointed eight investment bankers for its proposed initial public offering. This signifi...
- Banks lure NRIs with high-return FCNR(B) deposits, warn of leverage risksBanks are attracting NRI dollar deposits through RBI's FCNR(B) window. These deposits offer projected returns of thirteen to sixteen percen...
- IDBI Bank Q1 Results: Net profit grows 5% YoY to Rs 2,115 crore, NII climbs 10%IDBI Bank reported a 5% YoY rise in Q1 FY27 standalone net profit to Rs 2,115 crore, while net interest income grew over 10%. Deposits and ...
- Fairfax picks up half of 3-year government bonds at auctionFairfax Financial Holdings likely purchased government bonds as a prelude to acquiring IDBI Bank. This marks the company's second significa...
- SBI Capital Markets, HDFC Bank among 4 book runners appointed for NLC India Renewables IPONLC India Renewables has engaged four investment banks to facilitate its much-anticipated initial public offering. This IPO is designed to ...
- India nears accepting sweetened Fairfax offer for IDBI BankIndia's government is nearing acceptance of Fairfax Financial's offer for IDBI Bank. Fairfax may slightly increase its per-share bid for th...
- Private capital should play a much larger role in India's infrastructure development: Rajkiran Rai, MD & CEO, NaBFIDIndia requires infrastructure investments of nearly Rs 770 lakh crore over the next 20 years. This requirement cannot be met through budget...
- India weighs hybrid annuity model for East-West freight corridorThe East-West Dedicated Freight Corridor may use a Hybrid Annuity Model for development. This financing framework was discussed at a confer...
- Hot Stocks: 3 stocks that may give returns between 16-24%Brokerages initiated coverage on three Indian companies with positive ratings. Kirloskar Oil Engines has a price target implying a twenty-f...
- Stocks in news: HDFC Bank, Vedanta Power, YES Bank, Sun Pharma, Waaree EnergiesIndian markets surged for a third straight day, buoyed by global sentiment and strong performance from heavyweight stocks like HDFC Bank an...
- India's banks are handing out more loans, but deposits aren't keeping upIndian banks witnessed a surge in lending during the April-June quarter, outpacing deposit growth and widening the funding gap. This trend,...
- Govt fast-tracks disinvestment process to shore up revenues, garners 31% of budget aim in Q1 FY27The government is accelerating its disinvestment and asset monetisation drive, achieving 31% of its full-year target in just the first quar...
- Govt lines up PSU stake sales to cushion budget hit from oilIndia is accelerating plans to divest stakes in major state-owned entities, including the nation's largest insurer, Life Insurance Corp., t...
- NSE IPO: Why investors should look beyond trading volumes before buying the stockNSE IPO: Stock exchanges operate on a distinct business model from sectors such as banking, manufacturing, or technology. They neither lend...
- India's active credit cards cross 120 million in MayIndia’s credit card market crossed 120 million active cards in May, driven by strong new additions even as spending growth slowed, accordin...
- Kotak Mahindra Bank has 'high ambitions' to deploy capital for growth, CEO saysKotak Mahindra Bank is actively pursuing acquisitions, including loan portfolios and alternative assets, to deploy surplus capital and fuel...
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