Rupee anchored by central bank hand, traders watchful of oil ructionsThe stability of the Indian rupee was evident on Monday, thanks to the proactive measures taken by the central bank. State-run banks active...
Entrepreneur Manav Sardana buys DLF The Dahlias penthouse in Gurugram for record Rs 271 croreManav Sardana purchased a penthouse for ₹271 crore, setting a new record. This luxury unit boasts 17,200 sq ft of super area and 10,500 sq ...
LIC's OFS discount looks tempting, but triggers don'tAnalysts hold differing views on retail investor interest in LIC's offer for sale. The government is divesting a stake to meet minimum publ...
Indian rice export prices near 10-month high amid El Nino fears and rising domestic paddy costsIndian rice export prices remain near a ten-month high this week. Thai prices have reached a one-month peak, supported by buyer demand. Vie...
LIC shares fall after India’s largest OFS closes with oversubscription on both daysThe government raised Rs 31,552 crore through LIC’s record Offer for Sale (OFS), selling a 6.5% stake after exercising the greenshoe option...
Trump administration to impose 15% tariff in polysilicon probe meant to counter ChinaThe Trump administration plans to announce new tariffs and price floors soon. These measures will target polysilicon, a key material for so...
LIC's second act smarter price tagThe Life Insurance Corporation is gearing up for a monumental offer for sale, potentially the largest in history. This move allows the gove...
LIC OFS gets strong response from retail investors, subscribed 1.82 times the base sizeLIC’s retail offer for sale attracted strong investor interest, with the base retail issue subscribed 1.82 times. The government’s 6.5% sta...
LIC OFS opens for retail investors: Should you apply in insurance behemoth's offer?The OFS opened for non-retail investors on August 4, and saw strong participation. The offer was oversubscribed more than 3 times its offer...
US weighs polysilicon price floor, tariffs to counter China in solar and chipsThe Trump administration plans price floors and tariffs on polysilicon imports. This move aims to protect domestic factories and compete wi...
Institutional investors over-subscribe LIC OFS, govt opts for green-shoe optionThe government's Life Insurance Corporation share sale has garnered overwhelming attention from institutional investors, with bids amountin...
LIC OFS: Non-retail portion fully subscribed on Day 1. Here’s what investors should knowLIC's Rs 31,410-crore offer for sale (OFS) was fully booked on Tuesday on Day 1. The government aims to pare its stake through a 2.5% base ...
LIC shares sink 9% as OFS opens at 11% discount. Here's all you need to knowLIC shares plunged nearly 9% after the government’s offer for sale (OFS) to divest up to a 6.5% stake in the insurer opened for institution...
Government unveils offer for sale to dilute LIC stakeThe Centre has announced an Offer for Sale in Life Insurance Corporation of India. This issue will open for non-retail investors on Tuesday...
LIC OFS opens on August 4 as govt looks to sell up to 6.5% stake. Check detailsThe government will launch LIC’s offer for sale for non-retail investors on Tuesday and retail investors on Wednesday. It plans to divest u...
3 early investors to sell Paytm shares worth up to Rs 2,002 crore at 5% discountThree early Paytm investors plan to sell shares worth up to Rs 2,002 crore through a block deal at a nearly 5% discount. The secondary tran...
Adani Energy launches Rs 3,500 crore QIP, sets floor price at Rs 1,698 per shareAdani Energy Solutions launched its qualified institutional placement to raise Rs 3,500 crore. The company fixed the floor price at Rs 1,69...