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- LIC rejects five life insurance claims saying policyholder hid diabetes: Court finds disease was diagnosed after buying the policies; orders over Rs 60 lakh payout
LIC rejects five life insurance claims saying policyholder hid diabetes: The National Consumer Disputes R ...More
LIC rejects five life insurance claims saying policyholder hid diabetes: The National Consumer Disputes Redressal Commission has ordered LIC to pay over Rs 60 lakh to a Mumbai woman whose son died of a cardiac arrest in 2013, after the insurer rejected all five of his life insurance policies claiming he had hidden a diabetes diagnosis. The commission found that the diabetes was detected only after all five policies had already come into force, and that there was no link between the condition and his death.a ...Less
- SBI appoints Sunil Agrawal as chief financial officer
State Bank of India has appointed Sunil Agrawal as its new Chief Financial Officer. Agrawal previously se ...More
State Bank of India has appointed Sunil Agrawal as its new Chief Financial Officer. Agrawal previously served as the Chief Financial Officer for LIC, the nation's largest life insurer. He brings twenty-seven years of extensive experience in financial services and strategic planning. His expertise includes financial planning, capital management, and regulatory engagement. ...Less
- IDBI Bank shares jump 3% as Fairfax set to make biggest foreign investment in Indian lender, buy stake worth Rs 53,000 cr
Fairfax Holdings has been finalized for the IDBI Bank stake sale. This significant deal is expected to be ...More
Fairfax Holdings has been finalized for the IDBI Bank stake sale. This significant deal is expected to be worth approximately Rs 53,000 crore. The government plans to sell its stake, and LIC will also divest shares. Fairfax's offer of Rs 81 per share is higher than last year's bid. This transaction marks the largest foreign investment in an Indian bank. ...Less
- M-cap of five of top 10 most valued firms jumps Rs 1.54 lakh cr; TCS biggest winner
Last week marked a significant uplift in the market valuation of five of the top 10 firms, appreciating b ...More
Last week marked a significant uplift in the market valuation of five of the top 10 firms, appreciating by Rs 1.54 lakh crore. Tata Consultancy Services claimed the spotlight, boosting its valuation by Rs 72,072.3 crore. ICICI Bank and Reliance Industries also experienced notable increases. However, the tide turned for HDFC Bank and Bharti Airtel, which faced declines. Overall, Indian equity markets concluded the week on a robust note. ...Less
- Private life insurers outpace LIC in new business premium growth
Life insurers saw a 16.6% rise in new business premium during the April-June quarter. Private sector firm ...More
Life insurers saw a 16.6% rise in new business premium during the April-June quarter. Private sector firms expanded faster than LIC, driven by regular premium products. Regular premium collections grew nearly twenty percent year-on-year, while single premium business increased. SBI Life Insurance emerged as the fastest-growing player among listed companies. Private insurers continue gaining market share while LIC retains its dominant position. ...Less
- Private life insurers outpace LIC as industry new business premium rises 16.6% in Q1
Life insurers saw a 16.6% rise in new business premium during the first quarter. Private sector players g ...More
Life insurers saw a 16.6% rise in new business premium during the first quarter. Private sector players grew faster than LIC, driven by regular premium products. Total new business premium collected reached Rs 1.09 lakh crore in the period. Insurers are preparing for upcoming regulatory changes and improving demand. Private companies gained market share while LIC retained its dominant position. ...Less
- LIC highlights stronger profitability, higher margins and digital push ahead of investor meetings
India's Life Insurance Corporation (LIC) has reported robust financial performance, with net profit soari ...More
India's Life Insurance Corporation (LIC) has reported robust financial performance, with net profit soaring to $6.07 billion and margins improving significantly to 21.2%. The state-owned giant continues its market dominance, holding a 56.7% share in new business premiums. A strategic shift towards higher-margin non-participating products is driving this growth, alongside a strong focus on digital transformation and expanding its vast distribution network. ...Less
- India’s top brands scale a record high in value
The banking sector led by far with 20 names in the top 100 list. However, ‘diversified’ groups, mostly le ...More
The banking sector led by far with 20 names in the top 100 list. However, ‘diversified’ groups, mostly legacy conglomerates, were far ahead in terms of value, with just nine corporate brands taking up a combined 35% share and banks cornering 21%. ...Less
- Life insurers seen posting mixed Q1 nos, health players likely to outperform
Life insurers anticipate slower premium growth amid economic uncertainty and geopolitical tensions. Healt ...More
Life insurers anticipate slower premium growth amid economic uncertainty and geopolitical tensions. Health insurers are poised for strong performance, driven by sustained demand and improved affordability. General insurers will likely face continued pricing pressures in motor and commercial insurance lines. Axis Max Life and SBI Life are projected to lead retail APE growth among private players. Star Health expects significant premium growth, benefiting from GST exemptions on health insurance. ...Less
- Axis Bank appoints ex-Bandhan Bank CFO Rajeev Mantri as finance chief
Axis Bank has appointed Rajeev Mantri as its new finance chief. Mantri joins Axis Bank after stepping dow ...More
Axis Bank has appointed Rajeev Mantri as its new finance chief. Mantri joins Axis Bank after stepping down from Bandhan Bank in June. He brings nearly three decades of extensive finance experience to his new role. His appointment fills the vacancy left by Puneet Sharma's recent resignation. Mantri satisfies all eligibility criteria set by the Reserve Bank of India. ...Less
- History test! What last 12 billion-dollar IPO listing gains indicate about SBI Funds' Rs 9,813 crore debut
SBI Funds Management is set to debut on the stock market on Tuesday, with an estimated 18% listing gain b ...More
SBI Funds Management is set to debut on the stock market on Tuesday, with an estimated 18% listing gain based on the current grey market premium. While its blockbuster subscription has raised expectations, history shows billion-dollar IPOs have delivered mixed outcomes. Winners like Eternal and ICICI Prudential AMC contrast with weak debuts by LIC, Paytm and Hyundai Motor India. ...Less
- 101 equity mutual funds doubled money in 5 years; 4 did it in just 3 years. Should you invest now?
More than 100 Indian equity mutual funds doubled investors' money over five years, but experts caution ag ...More
More than 100 Indian equity mutual funds doubled investors' money over five years, but experts caution against chasing past winners. While sectors such as defence, infrastructure and PSUs delivered stellar returns, recent performance has weakened. Fund managers recommend diversified equity funds over concentrated sector bets, citing attractive valuations and long-term opportunities despite near-term market volatility. ...Less
- Stocks in news: Wipro, Jio Financial, HDB Financial, HDFC AMC, SBI
Indian markets experienced volatility, ending nearly unchanged amid mixed global cues. Several companies ...More
Indian markets experienced volatility, ending nearly unchanged amid mixed global cues. Several companies like Wipro and Jio Financial announced their first quarter results today. Angel One reported a strong quarter with significant year-on-year profit growth. HDB Financial and HDFC AMC also posted increased profits for the June quarter. SBI appointed a new chief financial officer, while Ather Energy secured funding. ...Less
- Mcap of 4 of top-10 most valued firms jumps Rs 92,995 cr; HDFC Bank, Airtel top gainers
Last week, four major firms experienced a significant market valuation increase of over Rs 92,000 crore, ...More
Last week, four major firms experienced a significant market valuation increase of over Rs 92,000 crore, with HDFC Bank and Bharti Airtel leading the charge. Despite benchmark indices Sensex and Nifty dipping slightly and breaking their winning streak due to geopolitical tensions and escalating crude oil prices, the markets managed to recover some of those losses towards the end of the trading week. ...Less
- Life insurance new business premiums rise 16.6% in Q1 on private insurers' growth: Report
India's life insurance sector began FY27 with robust new business premiums, growing 16.6 percent. Private ...More
India's life insurance sector began FY27 with robust new business premiums, growing 16.6 percent. Private insurers significantly outpaced the market, increasing their share to nearly forty percent. This growth stemmed from steady retail product demand and a recovery in group business. Monthly premiums also saw a thirteen percent rise in June, reversing last year's contraction. ...Less
- ARC consolidation: Govt weighs ASREC merger with NARCL
The government is considering a merger of ASREC Asset Reconstruction Company with NARCL to enhance the fu ...More
The government is considering a merger of ASREC Asset Reconstruction Company with NARCL to enhance the functionality of state-sponsored bad-loan resolution efforts. This proposal, still in preliminary discussions, underscores a strategic effort for consolidation rather than growth. ASREC ARC is majorly held by public sector lenders and LIC, aiming for better management and scrutiny of bad loans. ...Less
- Quant Small Cap Fund exits RIL, 8 others; raises exposure to two Adani stocks. Check full list
Quant Small Cap Fund made a major portfolio reshuffle in June, exiting Reliance Industries and eight othe ...More
Quant Small Cap Fund made a major portfolio reshuffle in June, exiting Reliance Industries and eight other stocks while increasing exposure to Adani Enterprises, Adani Green Energy and 13 more companies. The fund also added Bharti Airtel, IDFC First Bank and LIC Housing Finance as new portfolio entrants. ...Less
- Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus
Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. ...More
Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analyses, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools – earnings, fundamentals, relative valuation, risk, and price momentum. ...Less
- Housing finance stocks: Is the worst of perception over? Time for a relook? 11 HFC stocks with upside potential from a low 6% to 30%
As a sector, housing finance has borne the brunt of regulatory changes and various scams at different poi ...More
As a sector, housing finance has borne the brunt of regulatory changes and various scams at different points of time. It is a sector that has produced both heroes (HDFC) and villains (DHFL). Given that housing demand will continue rising, it is a sector that is bound to grow. So, what matters is which stock you own; and how long you intend to hold it. The horizon is important as this sector has to deal with interest rate cycles as well as regulatory changes. This makes these stocks prone to phases of underperformance. ...Less
- Negative Breakout: These 9 stocks cross below their 200 DMAs
Traders use the 200 DMA as a key indicator to determine the overall trend in a particular stock. Take a l ...More
Traders use the 200 DMA as a key indicator to determine the overall trend in a particular stock. Take a look: ...Less
- NFRA begins probe into Rajesh Exports revenue misstatement case
The National Financial Reporting Authority is investigating Rajesh Exports for revenue misstatements. NFR ...More
The National Financial Reporting Authority is investigating Rajesh Exports for revenue misstatements. NFRA chairperson Nitin Gupta stressed the need for genuine board independence. He highlighted that human judgment remains essential in financial reporting decisions. AI's influence necessitates critical questioning of its outputs by boards. Effective governance relies on the spirit of implementation, not just regulations. ...Less
- M-cap of 6 of top-10 most valued firms surges Rs 1 lakh cr; Airtel, Bajaj Fin top winners
In the last week, Indian stock markets thrived, witnessing a remarkable Rs 1 lakh crore increase in the c ...More
In the last week, Indian stock markets thrived, witnessing a remarkable Rs 1 lakh crore increase in the combined market valuation of six leading companies. The surge was largely attributed to Bharti Airtel and Bajaj Finance, which capitalized on favorable equity trends and robust domestic economic signals. Even though a few prominent firms faced valuation declines, overall market sentiment remained positive, buoyed by optimism surrounding global monetary policies. ...Less
- Govt employee earning Rs 1,100 salary buys Rs 53 lakh worth assets mostly in wife's name: Madras HC sends wife to jail despite divorce claim
A Tamil Nadu government school employee drawing a starting salary of Rs 1,100 per month quietly accumulat ...More
A Tamil Nadu government school employee drawing a starting salary of Rs 1,100 per month quietly accumulated 21 properties, a marriage hall, agricultural land, and household assets worth Rs 53 lakh over 11 years, parking most of it in his wife's name. After a two-decade legal battle, the Madras High Court has upheld the wife's conviction for abetment of disproportionate assets, refusing to reduce her four-year sentence even after her counsel disclosed she is now battling Stage IV cancer. ...Less
- Cochin Shipyard shares dip 2% as govt’s OFS opens for retail investors today
Cochin Shipyard shares fell over 2% as the Centre's OFS opens for retail investors after the non-retail p ...More
Cochin Shipyard shares fell over 2% as the Centre's OFS opens for retail investors after the non-retail portion was subscribed 3.52 times. The government plans to sell up to a 5.04% stake, potentially raising around Rs 1,800 crore. The stock has delivered multibagger long-term returns despite recent weakness, with shares down over 29% in the past year. ...Less
- Cochin Shipyard shares fall 4% as OFS worth Rs 1,856 crore opens today at 7% discount
Cochin Shipyard shares dropped as the government plans a significant stake sale. The offer for sale inclu ...More
Cochin Shipyard shares dropped as the government plans a significant stake sale. The offer for sale includes a base offer and an oversubscription option. This disinvestment move is part of the government's FY27 program. The offer opens for non-retail investors today and retail investors tomorrow. The government aims to raise over Rs 1,856 crore from this share sale. ...Less
- Govt fast-tracks disinvestment process to shore up revenues, garners 31% of budget aim in Q1 FY27
The government is accelerating its disinvestment and asset monetisation drive, achieving 31% of its full- ...More
The government is accelerating its disinvestment and asset monetisation drive, achieving 31% of its full-year target in just the first quarter. This rapid pace, with weekly offers for sale, aims to bolster revenues amidst rising subsidy and import costs. Significant funds have already been raised from entities like Coal India and NHPC, with further big-ticket sales planned for LIC and IDBI Bank. ...Less
- Missed your term insurance premium? Here's what happens to your policy, claim, and life cover
Missing a term insurance premium does not immediately cancel coverage. A grace period allows payment, and ...More
Missing a term insurance premium does not immediately cancel coverage. A grace period allows payment, and nominees receive benefits if death occurs. Unpaid premiums after the grace period cause the policy to lapse, stopping life cover. Lapsed policies can be revived within five years, often requiring health checks. ...Less
- Vedanta among top 5 stocks with lowest price-to-earnings ratio. Check details
Repco Home Finance, LIC Housing Finance, Power Finance Corporation, Vedanta and The Great Eastern Shippin ...More
Repco Home Finance, LIC Housing Finance, Power Finance Corporation, Vedanta and The Great Eastern Shipping feature among the cheapest stocks by price-to-earnings ratio. Most are widely held by mutual funds and carry strong Value Research ratings. ...Less
- Cos keen to take bite of AI, but security and RoI hold them from sinking teeth
Industry captains say AI adoption is less about choosing latest frontier model, more about redesigning wo ...More
Industry captains say AI adoption is less about choosing latest frontier model, more about redesigning workflows and building resilience ...Less
- Govt lines up PSU stake sales to cushion budget hit from oil
India is accelerating plans to divest stakes in major state-owned entities, including the nation's larges ...More
India is accelerating plans to divest stakes in major state-owned entities, including the nation's largest insurer, Life Insurance Corp., to boost public finances. Hindustan Zinc and several banks are also slated for stake sales. Officials are actively engaging with investment bankers to gauge market appetite and finalize offerings, aiming to raise significant funds to support the government's fiscal goals. ...Less
- ET Prime Special Series: Multibagger or IBC - Part 66: This old auto ancillary giant is betting big on the next energy shift
For 40 years, this was one of those businesses the market treated as safe – and slightly dull. It dominat ...More
For 40 years, this was one of those businesses the market treated as safe – and slightly dull. It dominated its market, and it generated steady cash. Almost all its profit still comes from that old product. But the company has quietly decided its future lies somewhere else entirely. The company has changed its name, set up a new-energy subsidiary, committed capital to a large manufacturing facility. The opportunity is large. As is the risk. The new business is small for now, capital-heavy, and exposed to technology, timing, and customer adoption. ...Less
- Mcap of 6 of top-10 most valued firms climbs Rs 88,678 cr; ICICI Bank biggest winner
Indian stock markets saw a modest gain last week, with the top 10 companies adding Rs 88,678.1 crore in m ...More
Indian stock markets saw a modest gain last week, with the top 10 companies adding Rs 88,678.1 crore in market valuation. ICICI Bank led the surge, followed by HDFC Bank and Reliance Industries. However, Bharti Airtel, TCS, and LIC experienced significant valuation drops. This positive market sentiment was attributed to easing crude oil prices and improved geopolitical developments. ...Less
- Hindustan Zinc shares jump 3%. Here are 3 reasons behind today's shine
Hindustan Zinc shares surged over 3% on Friday, adding approximately Rs 6,815 crore to its market value. ...More
Hindustan Zinc shares surged over 3% on Friday, adding approximately Rs 6,815 crore to its market value. This rally was fueled by a weaker US dollar, soaring silver prices, and a positive Q1 business update. The company reported its highest-ever first-quarter mined metal production, despite a slight dip in silver output. The stock's performance reflects a broader uptrend in metal stocks. ...Less
- LIC CFO Sunil Agrawal resigns to pursue 'better prospects'
Sunil Agrawal, the Chief Financial Officer of Life Insurance Corporation of India (LIC), has resigned to ...More
Sunil Agrawal, the Chief Financial Officer of Life Insurance Corporation of India (LIC), has resigned to explore new career opportunities. His resignation, submitted on June 24, will be effective from July 14. Agrawal expressed gratitude for his time at LIC and offered support during the transition period. This move by a key financial executive marks a significant change for the state-owned insurer. ...Less
- If FIIs return, they tend to see it first. 15 stocks from financial services ecosystem, with upside potential as low as 3% to as high as 28%
Financial services is where FIIs go when they turn positive on India. History shows us that much of the m ...More
Financial services is where FIIs go when they turn positive on India. History shows us that much of the money goes to banks, and the wider financial services space. But remember: Financial services is not a single sector. It is a set of very different businesses under one umbrella. So it is important to understand the parts, not just the flow of money into them. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less
- LIC dividend alert! Last day to buy insurance behemoth’s shares for Rs 10 dividend
LIC has fixed June 25 as the record date for its Rs 10 final dividend, making today the last opportunity ...More
LIC has fixed June 25 as the record date for its Rs 10 final dividend, making today the last opportunity for investors to buy shares to qualify under the T+1 settlement cycle. The payout, subject to AGM approval, comes alongside broader dividend announcements across several listed companies. ...Less
- Stocks in news: LIC, IRFC, Cummins India, Tata Motors PV, ONGC
Indian markets surged on Wednesday, recovering previous day's losses, with banking stocks leading the cha ...More
Indian markets surged on Wednesday, recovering previous day's losses, with banking stocks leading the charge from a strong support zone, signaling a robust uptrend. Key companies like LIC, IRFC, Cummins India, Tata Motors PV, and ONGC are in focus. IRFC's government offer saw strong institutional demand, while Tata Motors plans significant investment in capacity expansion. ONGC is exploring stake acquisition in Venezuela, and LIC's CFO has resigned. ...Less
- India Inc keen to take bite of AI, but RoI and security hold it from sinking teeth
Indian businesses are eager to adopt AI but face hurdles in scaling projects securely and profitably. Lea ...More
Indian businesses are eager to adopt AI but face hurdles in scaling projects securely and profitably. Leaders emphasize that successful AI integration requires redesigning workflows, robust data security, and employee training, not just advanced models. Key challenges include technical debt, trust, and governance, with a critical need for "security by design" and clear accountability frameworks as AI's impact grows. ...Less
- PFC-REC merger explained: Swap ratio, rationale, other key details as merger set to create Rs 11 lakh cr power financing giant
The proposed merger of Power Finance Corporation and REC will create India's largest power sector financi ...More
The proposed merger of Power Finance Corporation and REC will create India's largest power sector financing institution with a combined loan book exceeding Rs 11 lakh crore. Here's a look at the approved share swap ratio, merger rationale, pending approvals, record date details, and what the restructuring means for shareholders. ...Less
- LIC won’t sell stake in NSE IPO OFS, betting on exchange's long-term potential
Life Insurance Corporation of India will not sell its stake in the National Stock Exchange's IPO. LIC hol ...More
Life Insurance Corporation of India will not sell its stake in the National Stock Exchange's IPO. LIC holds a significant 10.7% stake in NSE. The insurer believes NSE has long-term value creation potential. This decision aligns with LIC's strategy of building substantial stakes in major Indian companies. NSE's growth and market dominance support LIC's long-term investment view. ...Less
- Dividends & bonus issues: LIC, Asian Paints among 35 stocks turning ex-record date this week. How many do you own?
Around 35 companies, including LIC, HUL, Asian Paints and IndusInd Bank, have fixed record dates for divi ...More
Around 35 companies, including LIC, HUL, Asian Paints and IndusInd Bank, have fixed record dates for dividends, bonus issues and buybacks in the upcoming week. Investors must hold shares before the record date to qualify for corporate actions, though additional announcements may follow. ...Less
- IRFC shares fall 2% as OFS worth Rs 2,212 crore opens for retail investors today. Here's all you need to know
Indian Railway Finance Corporation (IRFC) shares dipped as the government initiated an Offer for Sale (OF ...More
Indian Railway Finance Corporation (IRFC) shares dipped as the government initiated an Offer for Sale (OFS), aiming to divest nearly 2% stake. The OFS, priced at a slight discount, saw strong institutional investor interest, leading to the exercise of the greenshoe option. Retail investors and employees can now participate in the sale, which aims to raise over Rs 2,212 crore. ...Less
- Buyback alert! This security solutions stock rallied 12% on buyback update. Do you own?
Security solutions provider SIS saw its shares surge over 12% on Wednesday, reaching a 52-week high. This ...More
Security solutions provider SIS saw its shares surge over 12% on Wednesday, reaching a 52-week high. This rally follows the announcement that the board will meet on June 29 to consider a share buyback proposal. The company, which offers security, facility management, and cash logistics, reported strong financial growth in FY26, with revenue up over 21% and operating profit by 24% ...Less
- CBI arrests former CEOs of RCFL, RHFL in Reliance ADA Group loan diversion case; Rs 7,623 cr loss to PSBs
According to the CBI, the two former executives are accused of causing a combined wrongful loss of Rs 7,6 ...More
According to the CBI, the two former executives are accused of causing a combined wrongful loss of Rs 7,623 crore to public sector banks. In the RCFL case, the agency said the accused caused a loss of Rs. 4097 crores to 13 Public Sector Banks (PSBs). In the RHFL case, the loss amount is Rs. 3526 crores to 10 PSBs. ...Less
- M-cap of nine of top 10 most valued firms jumps Rs 2.15 lakh cr; Airtel biggest winner
Indian equity markets saw a significant boost last week, with the top ten firms gaining Rs 2.15 lakh cror ...More
Indian equity markets saw a significant boost last week, with the top ten firms gaining Rs 2.15 lakh crore. Bharti Airtel led the surge, adding over Rs 52,000 crore to its valuation. This rally was fueled by easing geopolitical tensions and improved global investor confidence. Reliance Industries retained its position as the most valued company, despite a slight dip in TCS's market cap. ...Less
- Bonus bonanza! Last day to buy these two stocks for 10:1 & 5:1 bonus rewards. Do you own?
Only shareholders who hold the shares in their demat accounts as of Wednesday will be eligible to receive ...More
Only shareholders who hold the shares in their demat accounts as of Wednesday will be eligible to receive the bonus shares ...Less
- Cochin Shipyard shares fall 3% amid buzz around OFS at 8% discount
Cochin Shipyard shares dipped Monday following reports of a potential government Offer for Sale (OFS) at ...More
Cochin Shipyard shares dipped Monday following reports of a potential government Offer for Sale (OFS) at a discount. The government, aiming to raise funds, is reportedly planning to sell a stake soon, adding to recent disinvestment activities in other public sector undertakings. Despite a recent stock decline, the company has shown strong long-term returns and improved operational efficiency in its latest earnings report. ...Less
- NSE IPO Bonanza: PSU banks, insurers and early investors eye huge gains
Dozens of investors, including public sector banks and insurers, are poised for substantial gains from th ...More
Dozens of investors, including public sector banks and insurers, are poised for substantial gains from the upcoming National Stock Exchange IPO. SBI alone expects to rake in over ₹5,000 crore. Other funds and institutions, with stakes dating back to the 90s, are also set to receive significant returns. ...Less
- LIC targets stronger market leadership as it approaches its platinum jubilee
LIC CEO R Doraiswamy stated the corporation will maintain its leadership in the life insurance sector and ...More
LIC CEO R Doraiswamy stated the corporation will maintain its leadership in the life insurance sector and contribute to national development as it approaches its platinum jubilee. With a nearly 60% market share and substantial assets, LIC's growth is intertwined with India's economic progress, aiming to support the nation's 'Viksit Bharat' vision. ...Less
- NSE to file IPO by this week? IFCI shares rally 8% to record high; LIC, SBI, other stocks rise up to 2%
IFCI shares surged to a fresh 52-week high amid expectations that NSE could file its IPO papers this week ...More
IFCI shares surged to a fresh 52-week high amid expectations that NSE could file its IPO papers this week. Investors cheered IFCI's indirect exposure to the exchange through Stock Holding Corporation, while optimism around NSE's potential listing boosted sentiment. ...Less
- Smallcap stock jumps 24% in a week as NSE stake could be valued at Rs 850 crore
Maithan Alloys shares saw a significant jump on Thursday. This rally follows the filing of the National S ...More
Maithan Alloys shares saw a significant jump on Thursday. This rally follows the filing of the National Stock Exchange's draft prospectus for its initial public offering. Maithan Alloys holds a stake in NSE, which is now valued at approximately Rs 850 crore. The NSE IPO is expected to be India's largest ever. ...Less
- Raamdeo Agrawal, Radhakishan Damani, Motilal Oswal, Dolly Khanna: The superstar investors sitting out the NSE IPO
While public sector entities like SBI cash in on decades-old NSE holdings for massive profits, prominent ...More
While public sector entities like SBI cash in on decades-old NSE holdings for massive profits, prominent individual investors including Radhakishan Damani, Sunil Kant Munjal, and S. Gopalakrishnan are opting to retain their substantial stakes. LIC, NSE's largest shareholder, also remains a holdout, contrasting with other institutions realizing significant gains from the exchange's blockbuster IPO. ...Less
- From Rs 2 crore to Rs 5,000 crore! How NSE IPO is a jackpot for SBI with 256,775% profit
State Bank of India anticipates a massive Rs 5,000 crore profit from the National Stock Exchange's upcomi ...More
State Bank of India anticipates a massive Rs 5,000 crore profit from the National Stock Exchange's upcoming Rs 30,000 crore IPO. This IPO is set to be India's largest ever. Many long-term investors are also poised for extraordinary returns on their initial investments. The NSE's listing on the BSE follows years of anticipation and regulatory hurdles. ...Less
- NSE IPO: 10 key things investors need to know about India’s largest IPO in history
The National Stock Exchange of India has filed its DRHP with SEBI for a long-awaited IPO expected to rank ...More
The National Stock Exchange of India has filed its DRHP with SEBI for a long-awaited IPO expected to rank among India’s largest public offerings. The issue is entirely an offer-for-sale, with major shareholders participating. NSE highlighted strong financial performance, technology infrastructure and global leadership in equity derivatives. ...Less
- Radico Khaitan among 5 F&O stocks with a sharp rise in futures open interest
Futures open interest surged in five NSE F&O stocks on June 18, led by Radico Khaitan, signaling heighten ...More
Futures open interest surged in five NSE F&O stocks on June 18, led by Radico Khaitan, signaling heightened trader participation, fresh position building, and growing market interest in these counters. ...Less
- NSE’s IPO may deliver 6,400-fold return for early backers
NSE’s upcoming IPO is set to generate extraordinary returns for early investors, with some public sector ...More
NSE’s upcoming IPO is set to generate extraordinary returns for early investors, with some public sector and institutional backers reporting gains of up to 6,400 times. SBI, Temasek, and Morgan Stanley are among key beneficiaries as long-held stakes in the exchange unlock massive value amid India’s capital market expansion. ...Less
- BSE shares in focus as rival NSE files DRHP with Sebi for mega IPO
BSE shares are under scrutiny as rival NSE files for India's largest IPO. While some see this as a natura ...More
BSE shares are under scrutiny as rival NSE files for India's largest IPO. While some see this as a natural reaction, experts believe it offers a direct valuation benchmark. The NSE's IPO, an offer-for-sale by several public sector entities, is expected to list on BSE itself. Investors anticipate a return to fundamental analysis post-listing. ...Less
- Stocks in news: Dr Reddy’s, Adani Green, KIMS, JSW Energy, Nestle India
Markets saw a strong rebound on Friday, driven by positive global cues and easing geopolitical tensions. ...More
Markets saw a strong rebound on Friday, driven by positive global cues and easing geopolitical tensions. Nifty defended the 23,000 support and reclaimed 23,500, with potential for further gains. Several stocks like Dr Reddy's, Adani Green, and JSW Energy are in focus due to significant corporate developments. ...Less
- NSE IPO: 7 PSU shareholders to offload 8 crore shares in mega public offer
Seven government-owned entities, including State Bank of India and Bank of Baroda, will sell stakes in th ...More
Seven government-owned entities, including State Bank of India and Bank of Baroda, will sell stakes in the National Stock Exchange through its upcoming IPO. This move brings the NSE closer to its listing, anticipated to be India's largest public offering. The exchange, a global leader in equity derivatives, has shown strong financial performance. ...Less
- Inside Anil Agarwal’s $100bn vision: Vedanta Resources plans to relist with US as a likely target
Vedanta's Anil Agarwal is listing four companies simultaneously. This move aims to unlock significant gro ...More
Vedanta's Anil Agarwal is listing four companies simultaneously. This move aims to unlock significant growth potential across its businesses. The company plans substantial increases in production for aluminium, oil and gas, and steel. Vedanta expects to significantly boost tax inflows to the government and create millions of jobs. ...Less
- Mcap of eight of top-10 most valued firms surges by Rs 1.90 lakh cr; ICICI Bank shines
Indian equity markets ended a volatile week on a strong note. Eight of the top-10 most valued firms saw t ...More
Indian equity markets ended a volatile week on a strong note. Eight of the top-10 most valued firms saw their market valuation surge by Rs 1.90 lakh crore. ICICI Bank led the gains, adding Rs 56,223 crore. This rally was supported by improving global sentiment and RBI measures. Investor confidence grew on optimism surrounding a potential US-Iran peace deal. ...Less
- Quant Mid Cap Fund adds Adani Energy and 4 others, exits Paytm and 3 more stocks in May
Quant Mid Cap Fund, managed by Sandeep Tandon, has strategically adjusted its portfolio in May. The fund ...More
Quant Mid Cap Fund, managed by Sandeep Tandon, has strategically adjusted its portfolio in May. The fund added Adani Energy and four other stocks while exiting Paytm and three other companies. This move reflects a dynamic approach to capturing growth opportunities within the mid-cap segment. ...Less
- GIC shares dip 4% as Rs 3,088 crore OFS opens for retail investors. Should you participate?
General Insurance Corporation of India shares saw a dip as the government initiated an Offer for Sale. Re ...More
General Insurance Corporation of India shares saw a dip as the government initiated an Offer for Sale. Retail investors can now bid for a stake in the insurer. The offer has already attracted strong demand from institutional investors. Market analysts suggest caution for retail investors due to profitability concerns and industry headwinds. ...Less
- GIC shares decline 6% as Rs 3,088 crore OFS opens at 9% discount
The government is set to divest up to a 5% stake in General Insurance Corporation of India (GIC) through ...More
The government is set to divest up to a 5% stake in General Insurance Corporation of India (GIC) through an offer for sale, opening today at a floor price of Rs 352 per share. This move aims to raise over Rs 3,087 crore and is part of the government's broader disinvestment strategy. ...Less
- We don't even know where LIC's office is: Rajesh Exports chief amid regulatory heat
Rajesh Exports Chairman Rajesh Mehta clarified LIC's investment in his company, stating the insurer bough ...More
Rajesh Exports Chairman Rajesh Mehta clarified LIC's investment in his company, stating the insurer bought shares over two decades from the open market. He asserted neither promoters nor the company benefited from LIC's stake, emphasizing that ordinary retail shareholders are the ultimate gainers, regardless of LIC's potential losses or exit. ...Less
- Life insurers' premium income up 19% in Apr-May
Life insurance premiums surged 19% to ₹62,581 crore in April-May, fueled by strong individual policy sale ...More
Life insurance premiums surged 19% to ₹62,581 crore in April-May, fueled by strong individual policy sales and improved retail demand post-GST exemption. Both LIC and private players saw healthy gains, with overall policy numbers rising 5%. This growth highlights renewed customer interest in savings and protection products. ...Less
- LIC in talks with regulators on long-term instruments to match growing liabilities: CEO
Life Insurance Corporation of India is working with regulators like the Reserve Bank and Sebi. This is to ...More
Life Insurance Corporation of India is working with regulators like the Reserve Bank and Sebi. This is to increase long-term investment options. Inflows into LIC's annuity products are growing. The company is also considering a fintech arm. LIC is prepared for further stake dilution by the government. The government is focused on listing requirements. ...Less
- LIC buys Maruti Suzuki shares worth Rs 68 crore, insurer's stake in automaker crosses 5%
Life Insurance Corporation of India (LIC) has increased its stake in Maruti Suzuki above the 5% threshold ...More
Life Insurance Corporation of India (LIC) has increased its stake in Maruti Suzuki above the 5% threshold after purchasing 51,750 shares through a market transaction. The move comes amid a decline in Maruti Suzuki's stock this year and reflects LIC's continued investment activity despite market volatility. ...Less
- Congress questions LIC's 10.8% stake in SEBI-probed Rajesh Exports
SEBI has barred Rajesh Exports promoter and CEO Rajesh Mehta from trading securities. The regulator alleg ...More
SEBI has barred Rajesh Exports promoter and CEO Rajesh Mehta from trading securities. The regulator alleges a gigantic scam involving misrepresentation of revenues and fund diversion. LIC holds a significant stake in Rajesh Exports, raising questions about its acquisition. Investigations are ongoing, and a new forensic auditor will be appointed. ...Less
- Positive Breakout: These 10 stocks trade above their 200 DMAs
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- Shiv Sena (UBT) MP Sanjay Raut challenges PM Modi to hold press conference
Shiv Sena leader Sanjay Raut has challenged PM Narendra Modi to a press conference. Raut wants the Prime ...More
Shiv Sena leader Sanjay Raut has challenged PM Narendra Modi to a press conference. Raut wants the Prime Minister to detail his 12 years in office. He stated that Modi cannot match the work done by former Prime Minister Jawaharlal Nehru. Raut also commented on the INDIA bloc's potential Prime Ministerial candidate, suggesting any common person could lead. ...Less
- SBI pays Rs 8,813 crore dividend to government for FY26, FM Nirmala Sitharaman receives cheque
The State Bank of India (SBI) presented a dividend cheque of Rs 8,813 crore to the government for the fin ...More
The 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. This follows SBI's reported 6% year-on-year rise in net profit for the January-March quarter of FY26, reaching Rs 19,684 crore. ...Less
- NLC India drops 3% even as gov OFS draws robust institutional demand; retail window opens today
NLC India shares fell sharply on Wednesday even as the government's Offer for Sale (OFS) attracted strong ...More
NLC India shares fell sharply on Wednesday even as the government's Offer for Sale (OFS) attracted strong demand from institutional investors, with bids worth Rs 4,158 crore on day one. The Centre has exercised the oversubscription option, taking the total stake sale size to Rs 1,263 crore. ...Less
- LIC shares slip after Sebi's crackdown on Rajesh Exports. What's the connection?
Regulator Sebi has issued an interim order against Rajesh Exports and its promoter, Rajesh Mehta. The com ...More
Regulator Sebi has issued an interim order against Rajesh Exports and its promoter, Rajesh Mehta. The company faces allegations of significant financial irregularities and non-cooperation. Sebi's findings suggest a large portion of reported revenue may have been inflated. This development has led to a decline in Rajesh Exports' shares and impacted LIC's stock. ...Less
- Rajesh Exports founder denies fund diversion in ACC Energy, says SEBI misread accounting entries
Rajesh Exports Chairman Rajesh Mehta refutes SEBI's fund diversion claims. He states accounting entries w ...More
Rajesh Exports Chairman Rajesh Mehta refutes SEBI's fund diversion claims. He states accounting entries were misunderstood. The company faces potential removal from the Rs 18,100 crore ACC Production-Linked Incentive scheme. SEBI's order flagged a circular fund-routing scheme. The company's participation in the battery manufacturing programme is under review. ...Less
- NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opens
The government is set to launch an Offer for Sale (OFS) to divest up to 3% of its stake in NLC India, val ...More
The 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 crore. The OFS opens for non-retail investors on June 9, with a floor price of Rs 303 per share, a discount to its previous closing price. ...Less
- An Indian gold firm allegedly inflated revenue by $159 billion using its Swiss unit
Indian investigators allege Rajesh Exports overstated its Swiss unit Valcambi's revenue by a staggering $ ...More
Indian investigators allege Rajesh Exports overstated its Swiss unit Valcambi's revenue by a staggering $159 billion. SEBI's preliminary findings also point to missing documentation for African mine investments and fictitious trades. The company denies wrongdoing, calling the revenue interpretation misplaced. Shares fell following the probe's announcement. ...Less
- LIC plans foray in fintech space, strategic investment also on table: CEO Doraiswamy
Insurance giant LIC is exploring a fintech arm to boost digital capabilities. The company is also prepare ...More
Insurance giant LIC is exploring a fintech arm to boost digital capabilities. The company is also prepared for potential further stake dilution by the government. LIC has recently rewarded shareholders with a bonus issue and increased dividend. The company reported a significant net profit increase for the March quarter. ...Less
- The curious case of Rajesh Exports: Massive revenues, meagre profits
India's fourth-largest company, Rajesh Exports, faces a Sebi probe for alleged financial fraud. Investiga ...More
India's fourth-largest company, Rajesh Exports, faces a Sebi probe for alleged financial fraud. Investigations point to accounting irregularities and siphoning of funds. The company's top management claims ignorance of overseas operations, attributing them to promoter Rajesh Mehta. Auditors also faced scrutiny for their conduct during the investigation. ...Less
- Rajesh Exports denies wrongdoing, says SEBI order stems from 'confusion' over Valcambi revenues
Rajesh Exports has responded to SEBI's interim order, denying allegations of revenue misrepresentation. T ...More
Rajesh Exports has responded to SEBI's interim order, denying allegations of revenue misrepresentation. The company states its reported revenues are accurate and genuine. It attributes the alleged discrepancy to SEBI's confusion between EBITDA and revenue for its Swiss subsidiary, Valcambi SA. Rajesh Exports is providing documentation to address SEBI's concerns and expects to clear all suspicions. ...Less
- These 8 flexicap funds have low consistency scores. Do you own any?
Eight flexi cap funds exhibited low performance consistency over the last five years, according to CRISIL ...More
Eight flexi cap funds exhibited low performance consistency over the last five years, according to CRISIL's Mutual Fund Scorecard. These funds, despite generally low risk compared to peers, showed varying investment styles and delivered CAGRs ranging from 4.79% to 10.4%. ...Less
- Hindustan Zinc shares tumble 5% to 6-week low after report of govt's plan to sell 2% stake for Rs 5,000 crore
Hindustan Zinc shares fell sharply on Friday after a report said the government may sell up to a 2% stake ...More
Hindustan 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 5,000 crore. The proposed divestment comes amid broader disinvestment efforts, with recent stake sales in Coal India and NHPC. ...Less
- Did LIC shares really crash 50% in one day? Here's how the bonus math works
LIC shares appeared to fall nearly 50% on Friday after adjusting for its first-ever 1:1 bonus issue, thou ...More
LIC shares appeared to fall nearly 50% on Friday after adjusting for its first-ever 1:1 bonus issue, though the actual decline was only around 1.5%. The insurer issued one bonus share for every existing share held by eligible shareholders, with May 29 fixed as the record date for the corporate action. ...Less
- LIC looks to improve return from real estates, to explore option of separate subsidiary
In the recent past, he said LIC has initiated a comprehensive review of its real estate portfolio to asse ...More
In the recent past, he said LIC has initiated a comprehensive review of its real estate portfolio to assess the returns and yields it generates, and to identify opportunities for further optimisation and improvement. ...Less
- Rajesh Exports shares hit 5% lower circuit for 2nd day; firm cites 'communication gap' after Sebi order
Rajesh Exports shares tumbled for a second consecutive session on Friday, taking the two-day decline to a ...More
Rajesh Exports shares tumbled for a second consecutive session on Friday, taking the two-day decline to about 10%, after Sebi's interim order alleged large-scale financial irregularities. The regulator said its investigation and forensic review found prima facie evidence that 97-99% of the company's reported revenue may have been inflated. ...Less
- 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 ...More
Market regulator SEBI has taken action against Rajesh Exports and its Chairman Rajesh Mehta. The company faces allegations of significant financial misstatements and fund diversion. SEBI's order points to a pattern of non-genuine transactions and questionable accounting. This action raises serious concerns about the company's financial reporting and corporate governance practices. ...Less
- LIC launches revamped Jeevan Sathi policy
LIC has introduced a new Jeevan Sathi plan. This plan provides both savings and protection. It is a joint ...More
LIC has introduced a new Jeevan Sathi plan. This plan provides both savings and protection. It is a joint life policy covering a married individual and their spouse. The minimum sum assured is Rs 3,00,000. The minimum entry age is 18 years. The maximum entry age depends on the chosen plan option. ...Less
- RBI holds repo rate, but for how long will relief for home loan borrowers continue?
The RBI’s decision to keep the repo rate unchanged at 5.25% has provided relief to home loan borrowers, b ...More
The RBI’s decision to keep the repo rate unchanged at 5.25% has provided relief to home loan borrowers, but rising inflation could trigger future rate hikes and costlier EMIs. Borrowers can reduce interest burden through strategies such as home loan prepayments, paying an extra EMI annually, or refinancing at lower rates. These methods can save lakhs in interest and significantly shorten loan tenure. ...Less
- Insurance sector may face impact if West Asia crisis prolongs: LIC chief Doraiswamy
The insurance sector may face moderation if the Middle East crisis persists, potentially reducing people' ...More
The insurance sector may face moderation if the Middle East crisis persists, potentially reducing people's income and impacting spending and saving patterns, according to LIC CEO R Doraiswamy. He also stated that LIC is prepared for further stake dilution by the Centre, awaiting the right market conditions. LIC recently reported a 23% increase in net profit for the March quarter. ...Less
- Govt plans up to 2% LIC stake sale, may raise Rs 10,000 crore
The government plans to sell up to a 2% stake in LIC, potentially raising Rs 10,000 crore. This move aims ...More
The government plans to sell up to a 2% stake in LIC, potentially raising Rs 10,000 crore. This move aims to deepen public shareholding amid improving profitability. The stake sale is likely in late June or early July. Merchant bankers were appointed last year. This divestment will help meet the government's asset monetisation target. ...Less
- Positive Breakout: These 11 stocks cross above their 200 DMAs
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered ...More
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. ...Less
- LIC shares drop 4% on Rs 10,000 crore govt stake sale buzz
LIC shares fell as much as 4% on Wednesday after a report said the government may begin formal marketing ...More
LIC shares fell as much as 4% on Wednesday after a report said the government may begin formal marketing next month for a proposed stake sale worth up to Rs 10,000 crore. According to Bloomberg, the Centre plans to sell around a 2% stake in the insurer in late June or early July, with DIPAM working alongside investment bankers on the transaction. ...Less
- Mcap of 7 of top-10 valued firms erodes by Rs 1.54 lakh cr; Reliance takes biggest hit
In a holiday-shortened last week, the BSE benchmark Sensex dropped 639.61 points, or 0.84 per cent, and t ...More
In a holiday-shortened last week, the BSE benchmark Sensex dropped 639.61 points, or 0.84 per cent, and the NSE Nifty declined 171.55 points, or 0.72 per cent. ...Less
- LIC 1:1 bonus bonanza: Is today the last day to buy shares for free rewards?
Life Insurance Corporation of India announces its first-ever bonus issue. Shareholders will receive one b ...More
Life Insurance Corporation of India announces its first-ever bonus issue. Shareholders will receive one bonus share for every share held. The record date is May 29. Investors must purchase LIC shares by May 27 to be eligible for this corporate action. This move aims to enhance share affordability and liquidity for its extensive shareholder base. ...Less
- LIC 1:1 bonus share explained: What 21 lakh shareholders need to know before buying on record date
LIC has set May 29 as the record date for its maiden 1:1 bonus share issue, rewarding shareholders with o ...More
LIC has set May 29 as the record date for its maiden 1:1 bonus share issue, rewarding shareholders with one free share for each held. This move, capitalizing reserves, aims to boost liquidity. Investors must purchase shares by May 27 to be eligible for this significant corporate action. ...Less
- LIC shares gain 6% in two sessions. Should you buy ahead of the 1:1 bonus issue?
LIC shares climbed 4% on Monday, extending gains for a second straight session and taking the two-day ral ...More
LIC shares climbed 4% on Monday, extending gains for a second straight session and taking the two-day rally to 6%. The stock gained momentum after the insurer announced a 1:1 bonus issue alongside its Q4 results last week. LIC has fixed May 29 as the record date to determine shareholder eligibility for the bonus share allotment. ...Less
