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GOVERNMENT LIC SHAREHOLDING
NLC India drops 3% even as gov OFS draws robust institutional demand; retail window opens todayNLC India shares fell sharply on Wednesday even as the government's Offer for Sale (OFS) attracted strong demand from institutional investo...
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...
SBI pays Rs 8,813 crore dividend to government for FY26, FM Nirmala Sitharaman receives chequeThe State Bank of India (SBI) presented a dividend cheque of Rs 8,813 crore to the government for the financial year ending March 31, 2026....
Hindustan Zinc shares tumble 5% to 6-week low after report of govt's plan to sell 2% stake for Rs 5,000 croreHindustan Zinc shares fell sharply on Friday after a report said the government may sell up to a 2% stake in the company to raise around Rs...
The curious case of Rajesh Exports: Massive revenues, meagre profitsIndia's fourth-largest company, Rajesh Exports, faces a Sebi probe for alleged financial fraud. Investigations point to accounting irregula...
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...
LIC plans foray in fintech space, strategic investment also on table: CEO DoraiswamyInsurance giant LIC is exploring a fintech arm to boost digital capabilities. The company is also prepared for potential further stake dilu...
LIC, HAL, among 10 stocks that saw sharpest decrease in government shareholding in Q4. Check listForeign selling, geopolitical tensions and market volatility eroded the value of the Government of India’s holdings in key listed companies...
LIC looks to improve return from real estates, to explore option of separate subsidiaryIn the recent past, he said LIC has initiated a comprehensive review of its real estate portfolio to assess the returns and yields it gener...
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...
Insurance sector may face impact if West Asia crisis prolongs: LIC chief DoraiswamyThe insurance sector may face moderation if the Middle East crisis persists, potentially reducing people's income and impacting spending an...
LIC shares drop 4% on Rs 10,000 crore govt stake sale buzzLIC shares fell as much as 4% on Wednesday after a report said the government may begin formal marketing next month for a proposed stake sa...
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...
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 ...
India notifies 100% foreign investment in insurance sector, LIC limit stays at 20%The central government has notified 100% Foreign Direct Investment (FDI) in insurance companies under the automatic route, allowing foreign...
LIC shares in focus ahead of board meeting to consider first-ever bonus issue. Check detailsLIC shares will be in focus as the insurer considers its first-ever bonus issue, signalling confidence in its financial strength. While the...
LIC likely to announce its first-ever bonus issue tomorrow: Check key things to knowLife Insurance Corporation of India is expected to announce its first-ever bonus share issue after its April 13 board meeting. The move may...
LIC share price jumps 8%. Will PSU issue bonus shares next week?LIC Bonus Share: Shares of Life Insurance Corporation of India surged over 8% after the PSU giant said its board will meet on April 13 to c...
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...