Searched for
LIC DUE DILIGENCE
Centre may seek revised bids from two suitors for IDBI BankGovernment may seek revised financial bids for IDBI Bank. Original offers fell below the set reserve price. This strategic sale is crucial ...- 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...
- Govt does not direct LIC investments: FM Nirmala SitharamanFinance Minister Nirmala Sitharaman clarified the government's non-interference in Life Insurance Corporation's investment choices. She aff...
- FM says Finance Ministry does not advise LIC on investments, Adani investments as per SOPsFinance Minister Nirmala Sitharaman told Lok Sabha that the government does not direct LIC’s investment decisions, stressing that LIC’s inv...
- LIC denies receiving or issuing documents cited in Washington Post report alleging external influence on investment decisionsLife Insurance Corporation of India has denied allegations from The Washington Post. The insurer states it neither issued nor received docu...
- US life insurers, not LIC, led recent Adani investmentsGlobal insurers are now key financiers for Adani Group companies. This comes as India's LIC faces scrutiny over its investments. Athene Ins...
- IDBI stake sale likely to be completed this fiscal: DIPAM secyDIPAM Secretary Arunish Chawla anticipates the completion of the IDBI stake sale this fiscal year, citing the near completion of due dilige...
- Centre may call IDBI bids in Q3The Indian government anticipates inviting financial bids for IDBI Bank's strategic sale in the third quarter of FY26, aiming to finalize t...
- Due diligence of qualified bidders for IDBI Bank underway: MoS FinanceThe due diligence process for the privatisation of IDBI Bank is currently in progress, with government and LIC selling nearly 61 percent st...
- We are happy with the EOIs received for IDBI Bank divestment; process to be over in FY24: DIPAM secy“Depending upon different transactions, the due diligence process time is different. In the case iof IDBI Bank also, it will depend much on...
- IDBI Bank divestment process to complete in FY24: DIPAM SecyThe divestment process of IDBI Bank will complete in the fiscal year 2023-24, Department of Investment and Public Asset Management (DIPAM) ...
- Centre receives multiple preliminary bids for 61% stake in IDBI BankThe 60.72% stake in IDBI Bank is being sold by the government and Life Insurance Corporation (LIC), for which they had invited bids for in ...
- IDBI Bank's privatisation process likely to conclude by September 2023The financial bids for the sale will be invited by March and the process is expected to conclude by September 2023. Union government along ...
- India seeks $109 bn valuation in LIC’s mega IPOThe possible valuation is based on preliminary talks and may change after detailed discussions, due diligence and an official valuation rep...
- LIC IPO to happen after October: DIPAM SecyTargeting to raise Rs 1.75 lakh crore from the asset sale to finance projects aimed at reviving the pandemic battered economy, the governme...
- 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.
- LIC needs to safeguard its investments: Rajiv TakruThe Reserve Bank of India has introduced a system which now automatically identifies NPAs. In the past, there were bad loans but they were ...
- EPFO resumes investment in scam-hit LIC Housing FinanceRetirement fund manager EPFO's trustees on Tuesday approved a proposal to resume investment in the scam-hit LIC Housing Finance, a subsidia...
Load More
