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LIC STAKE SALE
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...
- 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...
- 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...
- Gainers & Losers: LIC, HDFC Bank among 7 top movers on WednesdayDomestic markets ended lower for a second straight session. JP Power surged nearly 20% on Adani Power’s stake-buy deal, while NALCO gained ...
- 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 ...
- Govt reviews divestment plans, IDBI Bank stake saleGovt officials are reviewing the IDBI Bank disinvestment strategy. This comes after weak investor interest and market volatility impacted t...
- AI pure-play Fractal Analytics crosses IPO mark first time since listing amid slipping retail ownership. What's the outlook?Fractal Analytics crossed its IPO price for the first time since listing as the stock rallied 8% in two sessions, even as retail ownership ...
- Trent set to announce its first-ever bonus issue today: What Zudio-parent's 5 lakh shareholders should knowTrent (Zudio parent) is set to consider its first-ever bonus issue today, making it a key trigger for its nearly 5 lakh shareholders.
- Stocks in news: ICICI Pru Life, Anand Rathi Share, LIC, Vedanta, HALMarkets experienced volatility, declining nearly 1% due to weak global cues, with analysts emphasizing the critical support level of 23,500...
- 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 open to selling stake in GIC Re, LIC in FY24/25: SourceIn FY 2024/25, India may sell a 10% stake in GIC for about Rs 57 billion. LIC plans to offload 10% over 7 years and 25% over 10 years post ...
- LIC pares stake in NMDC for about Rs 705 croreLIC said its holding in NMDC has decreased from 13.69% to 11.69% between December and March. Apart from NMDC, LIC has also diluted its stak...
- Left opposes LIC IPO, alleges 'scam', 'sell off'Communist Party of India (CPI) general secretary D Raja said it was a "matter of regret" that the BJP-led NDA government is selling off all...
- India considering foreign institutional investment of up to 20% in LIC IPO: ReportThe listing of LIC is set to be India's biggest ever IPO.
- LIC divests 2 per cent stake in Mahindra & MahindraPost the stake sale of the 2.001 per cent shares, LIC now has 9.958 per cent stake in the company, M&M said in a filing to BSE.
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