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LIC DIVESTMENT
NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opensThe government is set to launch an Offer for Sale (OFS) to divest up to 3% of its stake in NLC India, valued at approximately Rs 1,263 cror...- Govt plans up to 2% LIC stake sale, may raise Rs 10,000 croreThe government plans to sell up to a 2% stake in LIC, potentially raising Rs 10,000 crore. This move aims to deepen public shareholding ami...
- 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...
- Govt reviews divestment plans, IDBI Bank stake saleGovt officials are reviewing the IDBI Bank disinvestment strategy. This comes after weak investor interest and market volatility impacted t...
- Govt may consider OFS option for raising public float in IDBI BankThe government may consider selling a stake in IDBI Bank through the Offer-for-Sale (OFS) route to increase public shareholding, after the ...
- Govt may consider OFS option for raising public float in IDBI BankThe government is considering an Offer-for-Sale (OFS) in IDBI Bank to raise public shareholding after a failed attempt to sell a majority s...
- Rs 18,900 crore wiped off! IDBI Bank shares tumbles 19% in 2 days on divestment jittersIDBI Bank shares plummeted nearly 20% over two days, wiping out Rs 18,900 crore in market value. This decline follows reports that the gove...
- IDBI Bank shares tumble 15% as govt likely to halt divestment process: Here’s whyIDBI Bank shares saw a significant drop of 15% on Monday. This decline followed a report indicating the Indian government will halt the sal...
- IDBI Bank shares jump 2% as Sebi approves LIC reclassification as a public shareholderIDBI Bank's shares surged following SEBI's approval to reclassify LIC as a public shareholder after the government's divestment. LIC's voti...
- Govt plans gradual 6.5% divestment in mega insurer LIC: ReportThe government plans to divest its stake in LIC through multiple smaller tranches via the offer for sale (OFS) route, aiming to give retail...
- Govt plans to sell 2-3% stake in LIC, to meet 10% public shareholding target by 2027: ReportsAccording to Mint reports, the stake sale may be carried out in several small tranches rather than a single offering in the upcoming fiscal...
- LIC IPO expected shortly, FM Nirmala Sitharaman says in her Budget speechET had earlier reported that the cabinet could take up as soon as next week a proposal to allow foreign investment in LIC, to help facilita...
- Disinvestment-bound companies in spotlight, more names likely to be addedAnalysts expect that the divestment targets for the new financial year are likely to be elevated, though a lot will depend upon the propose...
- Transaction advisors for IDBI Bank stake sale can submit bids till July 22The department Friday clarified that government and LIC of India intend to sell their full stakes, with an open offer also possible as per ...
- Will LIC IPO happen in FY22? Analysts expect lower divestment target in BudgetAnalysts have projected the divestment target for FY21 at around Rs 40,000-70,000 crore against the ambitious goal of Rs 2.1 lakh crore tar...
- LIC looks to offload IDBI stake ahead of RBI timelineLoss making IDBI Bank has been picked as the first public sector lender in which the government will divest its stake, finance minister Nir...
- Govt to sell part of its holding in LIC through IPOThe government has also set a divestment target of Rs 2.1 lakh crore for FY21.
- LIC Housing Finance shares add 3% after government announces LIC IPO"IPO of LIC will bring transparency in its functioning," said Anil Rego.
- ET View: List Life Insurance Corporation swiftlyLIC's value will also help put govt finances in better shape & create a level playing field in insurance.
- LIC divests 2 per cent stake in Mahindra & MahindraPost the stake sale of the 2.001 per cent shares, LIC now has 9.958 per cent stake in the company, M&M said in a filing to BSE.
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