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LIC BOARD MEETING
LIC appoints Shatmanyu Shrivastava as new CFO, replacing Sunil AgrawalShatmanyu Shrivastava has been appointed as the new Chief Financial Officer of LIC. He replaces Sunil Agrawal, who resigned from the financ...- IDBI Bank shares jump 3% as Fairfax set to make biggest foreign investment in Indian lender, buy stake worth Rs 53,000 crFairfax Holdings has been finalized for the IDBI Bank stake sale. This significant deal is expected to be worth approximately Rs 53,000 cro...
- ET Prime Special Series: Multibagger or IBC - Part 66: This old auto ancillary giant is betting big on the next energy shiftFor 40 years, this was one of those businesses the market treated as safe – and slightly dull. It dominated its market, and it generated st...
- Buyback alert! This security solutions stock rallied 12% on buyback update. Do you own?Security solutions provider SIS saw its shares surge over 12% on Wednesday, reaching a 52-week high. This rally follows the announcement th...
- LIC plans foray in fintech space, strategic investment also on table: CEO DoraiswamyInsurance giant LIC is exploring a fintech arm to boost digital capabilities. The company is also prepared for potential further stake dilu...
- LIC shares drop 4% on Rs 10,000 crore govt stake sale buzzLIC shares fell as much as 4% on Wednesday after a report said the government may begin formal marketing next month for a proposed stake sa...
- Zydus Lifesciences buyback alert! Last date to buy shares to participate in Rs 1,100 crore buyback at 7% premiumInvestors must purchase Zydus Lifesciences shares by Wednesday, May 27, to be eligible for the Rs 1,100 crore buyback, as the record date i...
- India said to prepare Rs 10,000 crore LIC stake sale next monthIndia is preparing to launch a new share sale for Life Insurance Corporation of India next month. This offering could bring in as much as R...
- Dividends, bonus issues: TCS, LIC, Bajaj Auto among 30 stocks turning ex-date this week. Check detailsInvestors must hold shares of these companies in their demat accounts on the record date to be eligible for the respective corporate action...
- LIC board to consider interim dividend, declare Q3 earnings on February 8In July 2023, the country’s largest life insurer paid a dividend of Rs 3 a share. On Monday, shares of LIC ended 5.3% higher on the Nationa...
- Sebi won't defer stricter norms for anchor investorsThe board of the Securities and Exchange Board of India (Sebi) at a meeting held late last month did not approve a proposal to defer the im...
- LIC board meet today to decide on proposed IPOThe draft red herring prospectus (DRHP) for the proposed IPO will be filed after the board approval. "Key decisions on how much discount wi...
- IPO-bound LIC ropes in 6 independent directors on its boardLIC last month appointed six independent directors on its board to meet regulatory norms of corporate governance. LIC appointed former fina...
- IDBI Bank decides to continue with existing MD, DMDsInsurance giant LIC has completed acquisition of 51 per cent controlling in the bank, IDBI Bank said in a regulatory filing on Monday.
- LIC makes open offer to buy 26% more in IDBI Bank for Rs 12,600 croreIDBI Bank board today also approved increasing authorised capital of the bank from Rs 8,000 crore to Rs 15,000 crore.
- IDBI board to consider allotment of 51% shares to LIC on Oct 4State-owned IDBI Bank's board will meet next week to consider preferential allotment of up to 51 per cent shares to LIC.
- LIC board meet tomorrow to vet IDBI takeover, stake buy likely in 2-3 tranchesThe board is due to meet tomorrow to take up the proposal.
- LIC board to decide timeline for IDBI Bank investment todayThe LIC board had proposed investing in IDBI Bank, which has been approved by Irda with certain terms and conditions.
- GIC Housing to buy 16% stake in LIC Nomura AMC for Rs 23 croreGIC Housing Finance said it will acquire up to 16 per cent stake in LIC Nomura Mutual Fund Asset Management Company for Rs 22.68 crore.
- Irda to chalk out board meeting agenda with industry executivesIn addition to routine developments, the regulator will discuss matters related to investments that will be taken up by the board later, sa...
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