Multiple sources said ARCs did not find the option to buy bonds of the bankrupt firm attractive and decided to give it a miss
NBP, however, is below the FY21 and FY20 levels
IndiaFirst will be the fourth private sector life insurer to get listed on the bourses
LIC Board sets August 26 as record date for dividend payment, approves investment in proposed rights issue of LIC (Nepal) Ltd
It is informed that the exercise of determining the Indian Embedded Value (IEV) as on March 31, 2022, may take some more time to get completed, LIC said in a statement.
Goel's ouster from Dish TV board will require another resolution
This high number of DRHP filing - or intent shown by companies to go public - paints a bullish picture.
The IRDAI is considering a proposal to make insurance frauds a parameter for calculating credit scores in an attempt to put a lid on the increase in such activity
We firmly believe that once the market stabilises, our inherent strength and performance will be recognised
Past week, the BSE Sensex plunged 2,943.02 points or 5.42%, while the NSE Nifty declined 908.30 points or 5.61%
The acquisition of the incremental stake in Capri Global Capital Ltd happened at an average cost of Rs 624.61 and that for Hero MotoCorp Ltd happened at Rs 3,050.14
Acquires about 3.6 mn shares at an average price if Rs 624.61 a share
LIC has increased its stake in non-banking finance company Capri Global Capital, to over 7% from 5% earlier, during the February-June period with an investment of over Rs 221 cr, LIC said
Analysts said this week is likely to be a litmus test for LIC on whether the stock finds buying support from institutional investors like mutual funds at these lower valuations
Corporate major Reliance Industries' m-cap fell by Rs 44,311.19 crore to Rs 18,36,039.28 crore
Since the day of listing, LIC shares have remained below the issue price and had touched a low of Rs 708.70 and a high of Rs 920
The pace was down by almost 750,000 when compared to January when over 3.4 mn new accounts got added
After IT, banking & financial services and fast-moving consumer goods (FMCG) saw the biggest outflows - at $1.55 billion and $660 million - respectively
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From the govt's announcement of plans to divest its stake in LIC, to its debut on the exchanges, to touching a new low, here is a snapshot of this journey so far