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Congress questions LIC's 10.8% stake in SEBI-probed Rajesh ExportsSEBI has barred Rajesh Exports promoter and CEO Rajesh Mehta from trading securities. The regulator alleges a gigantic scam involving misre...- Who is Rajesh Mehta, man behind Rajesh Exports, facing SEBI ban over alleged Rs 15.15 lakh crore 'fraud' impacting LIC, others?Market regulator SEBI has taken action against Rajesh Exports and its Chairman Rajesh Mehta. The company faces allegations of significant f...
- Coal India shares fall 3% after report says govt likely to sell Rs 10,000-crore stake via OFSCoal India shares fell on Thursday following a report about a potential government stake sale. The government may sell 3-4% of the company ...
- 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...
- LIC shares fall 3% on reports that govt is considering minority stake saleLIC shares fell 3% as reports indicated a possible 2.5-3% government stake sale via OFS, worth Rs 14,000-17,000 crore, within two weeks. De...
- Govt to sell minority stake in LICThe government is planning to further reduce its stake in Life Insurance Corporation (LIC) through an offer for sale (OFS). Currently holdi...
- 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...
- LIC shares zoom 7% as OFS overhang eases after Finance Ministry exemptionLIC IPO investors are still sitting at a loss as the stock is trading 13.6% below its issue price of Rs 949. However, in the last few weeks...
- Ukraine crisis: Govt may defer LIC IPOThe government was expecting to garner Rs 63,000 crore by selling 5 per cent stake in the life insurance firm to meet the curtailed disinve...
- Life Insurance Corporation of India IPO only after 3 other PSU selloffsAt least three firms – National Fertilisers Ltd, Mishra Dhatu Nigam Ltd and Rashtriya Chemical & Fertilizers Ltd – will be divested through...
- Investors with over 10% stake may get to take the OFS routeSebi is likely to issue a circular this week on the eligibility criteria for non-promoter shareholders, framework for offering discount.
- LIC not salvaging PSU divestment; FIIs largest investor: Finance MinistryFinance Ministry today said bulk of investment in government's stake sale in PSUs in 2012-13 fiscal came from foreign institutional investo...
- LIC picked up 71% of shares divested by govt in SAIL on FridayState-owned insurer LIC came to government's rescue during the share sale of steel major SAIL last week, by acquiring 70.57 per cent of the...
- Government gets LIC's Rs 2k cr boost in record disinvestment kittyWith purchase of PSU shares worth over Rs 2,000 cr this fiscal, LIC has contributed about 10% to the govt's kitty of about Rs 23,900 cr in ...
- LIC picks up a third of Nalco shares divested by govtThe government had on March 15 raked in over Rs 620 crore through sale of its six per cent stake in the Odisha-based aluminium producer Nal...
- Government gets Rs 6,000 crore from NMDC share sale; FIIs bid in big wayFII participation in government's share sale programme through the auction route has never seen so much response, the official said.
- LIC, PSBs bail out Hindustan Copper's offer for sale issueIf the government decides to sell the entire 5.16 crore shares that were bid during the offer, it would garner Rs 808 crore.
- Value of LIC investment in ONGC slips by Rs 900 crore in 2 daysLIC, which saved the much-hyped ONGC share auction, has lost around Rs 900 crore in market value of the acquired stake in the oil major.
- LIC pumps in Rs 15,000 cr into NCDs of big cosLife Insurance Corporation (LIC) has come to the rescue of corporates scrambling to raise funds.
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