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LIC STRATEGIC EXPANSION
We are ambitious and working to become a top 5 private bank again: Vinay Tonse, MD & CEO, Yes BankYes Bank is embarking on an ambitious journey to enhance its foundational elements—people, processes, products, and technology. With a keen...- Is it worth taking a fresh look at the housing finance sector? 6 housing finance stocks with upside potential of up to 18%Housing finance is one of those sectors where the macro picture is always attractive, but not so much the micro reality. At the level of th...
- Bullish on Adani group? GQG raises stakes in 3 stocks even as FIIs cut back in market crashGQG Partners, long bullish on the Adani group, modestly raised stakes in key companies during the March quarter despite mixed stock perform...
- IDBI Bank shares drop 4% as Kotak Mahindra Bank stays away from stake sale; Fairfax, Emirates NBD in frayIDBI Bank shares fell amid updates on its strategic disinvestment, with Fairfax Financial and Emirates NBD emerging as bidders. The governm...
- Scramble for a bank that came back from the brinkIDBI Bank, once a development finance institution, is nearing privatization after years of financial stress and government intervention. In...
- More Indian lenders to appear in top 100 global banks list soon: RBI Guv Sanjay MalhotraIndia's banking sector is on a strong growth trajectory. RBI Governor Sanjay Malhotra anticipates more Indian banks will soon feature in th...
- LIC’s margins surprises street; JM Financial sees strong H2, maintains ‘Buy’ on stock with Rs 1,111 targetLIC stock edged higher after the insurer reported stronger-than-expected margins of 17.6% in 1H FY26, prompting JM Financial to reiterate i...
- LIC's goal is 'Insurance for All' by 2047, policy numbers should grow from Q2: R Doraiswamy, MD & CEOLIC's new chief aims to boost profitability through diversified products, particularly non-PAR plans, targeting 40% of APE. R Doraiswamy pl...
- LIC set to buy 40-49% stake in ManipalCigna; primary and secondary deal values company at Rs 3,500 croreLife Insurance Corp of India (LIC) is preparing to acquire a 40-49% stake in ManipalCigna Health Insurance, entering the standalone health ...
- Tata Group is the 2025 most valuable brand in India, Apple most valued in the world: Brand FinanceTata Group has retained its top spot among Indian brands in the Global 500, while Infosys and LIC have shown significant growth. Other Indi...
- LIC shares surge over 2% on discussions to acquire 50% stake in ManipalCigna HealthLIC share price: State-owned LIC's shares rose 2.4% on news of a potential 50% stake acquisition in ManipalCigna Health Insurance. This mov...
- No formal proposal to enter health insurance, says LICLife Insurance Corporation (LIC) has clarified that there is currently no formal proposal for it to enter the health insurance space. This ...
- LIC listing will improve its prospects, credit profile: Moody'sNew foreign shareholders in LIC will not only improve capital adequacy and financial flexibility but also enhance's LIC's operational and d...
- LIC could make IDBI Bank agent for LIC HousingLIC bought a 51 per cent stake in IDBI in January 2019, by purchasing 82.75 crore shares from the government.
- Government to leverage public offers, buybacks for divestment planEncouraged by the response to the Mazagon Dock Shipbuilders IPO, the government will prioritise public offers at an 'attractive price' and ...
- LIC-IDBI Bank deal gets cabinet nodThe LIC-IDBI deal has been approved, a source said after the meeting of Union Cabinet, chaired by Prime Minister Narendra Modi.
- NCDEX to issue pref shares to Jaypee CapThe commodity market regulator has given its final approval to the agri-bourse NCDEX’s board proposal for inducting Jaypee Capital, a Delhi...
- FMC clears NCDEX plea for Jaypee inductionThe commodity market regulator has given its final approval to the agri-bourse NCDEX’s board proposal for inducting Jaypee Capital, a Delhi...
- UTI MF public issue likely to get delayed till next yearThe Initial Public Offering (IPO) of UTI Asset Management Company, the country's third largest fund house, is likely to get delayed till ne...
- UTI AMC to sell 10-12% for $200 mnUTI ASSET Management Company is roping in an international strategic investor for expanding its operations abroad.
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