Mar 26, 2016 12:52 PM IST
The subscribed Konkan Railway Corporation
bonds worth Rs 250 crore to enable LIC's key projects.
- Mar 21, 2016 11:37 AM IST
Finance Minister Arun Jaitley in his Union Budget speech in February said, "The process of transformation of IDBI Bank has already started. Government will take it forward and also consider the option of reducing its stake to below 50 percent."
- Mar 18, 2016 08:10 PM IST
CBI today arrested a Rajasthan- based Chartered Accountant (CA) and a real estate agent in connection with its probe into the Rs 1,000 crore Syndicate Bank fraud case
- Mar 18, 2016 08:12 AM IST
LIC bought 1.22 crore shares or 2.04 percent of equity capital, to raise its stake in the company to 7.045 percent, according to stock market information.
- Mar 09, 2016 08:04 AM IST
The government has approved 285
FDI proposals worth Rs 48,902.76 crore till January this
fiscal, Parliament was informed today.
- Mar 07, 2016 11:32 AM IST
Watch accompanying videos of Mint Insurance Conclave in association with LIC, wherein expert panellists spoke and discussed about insurance industry.
- Mar 03, 2016 09:18 AM IST
Speaking to CNBC-TV18, Kishore Sansi, MD & CEO of the bank says that the capital adequacy ratio (CAR) will rise to 11.5 percent post the share issue.
- Mar 03, 2016 08:34 AM IST
The board of directors at its meeting held "considered and approved raising of additional equity capital by issuance and allotment of up to 3,14,41,088 equity shares of the face value of Rs 10 each at the issue price of Rs 52.66 per equity aggregating to Rs 165,56,87,694.08 to LIC", it said in a BSE filing.
- Feb 29, 2016 02:30 PM IST
A complete information repository for corporate bonds, covering both primary and secondary market segments will be developed jointly by Reserve Bank of India (RBI) and Sebi.
- Feb 29, 2016 12:50 PM IST
He expects to garner Rs 20,500 crore through strategic stake sale in FY17
- Feb 29, 2016 11:40 AM IST
There are four public sector general insurance companies -- New India Assurance Company Ltd, National Insurance Company Ltd, Oriental Insurance Co Ltd, United India Insurance Co Ltd.
- Feb 27, 2016 11:28 AM IST
Public sector lender Andhra Bank will issue over 2.88 crore equity shares to LIC for a total consideration of Rs 136.5 crore.
- Feb 26, 2016 12:36 PM IST
LIC, which had 9.08 percent stake earlier, hiked its shareholding in the company to 12.98 percent by buying shares between July 25, 2014, and February 24, 2016, NTPC said in a filing to the BSE.
- Feb 26, 2016 09:10 AM IST
For 2015-16, Railways had decided to procure 15,000 wagons and the process is already under progress. This is a four-fold increase in procurement compared to last few years.
- Feb 25, 2016 07:46 PM IST
The board has approved the proposal for preferential issue of capital to Life Insurance Corporation of India, aggregating up to Rs 1,500 crore (inclusive of premium amount) subject to Government of India's approval, regulatory filing said.
- Feb 25, 2016 01:14 PM IST
In his second Rail Budget on Thursday, Suresh Prabhu has announced turning National Academy of Railways at Vadodara into a full-fledged university.
- Feb 22, 2016 03:22 PM IST
The holding of Life Insurance Corporation (LIC) declined in five other blue-chips in the third quarter from the level seen in the preceding three months, showed an analysis of the shareholding pattern of the Sensex constituents.
- Feb 09, 2016 05:15 PM IST
The board has approved raising of equity capital of bank aggregating up to Rs 1,000 crore including premium through preferential issue of equity shares to Government of India or LIC or any other financial institution subject to government approval, Allahabad Bank said in a statement.
- Feb 09, 2016 07:54 AM IST
The board will consider proposal for raising capital in its meeting to be held on February 11, OBC said in a statement.
- Jan 29, 2016 10:29 AM IST
Sources say, if a shareholder has one share of Cairn India then he is entitled to one share of Vedanta and four preference shares of Vedanta.
- Jan 26, 2016 03:49 PM IST
The first year premium collection of life insurers stood at Rs 10,071.80 crore in December 2014. The new business premium grew by 16 percent to Rs 85,587.73 crore during April-December 2015 over the year-ago period, the data released by insurance regulator IRDAI showed.
- Jan 06, 2016 07:02 PM IST
The stake buy will be at a price of over Rs 5.67 crore as per the valuation derived, Corporation Bank said in a regulatory filing.
- Jan 06, 2016 03:28 PM IST
"The bank has allotted 2 crore equity shares to Life Insurance Corporation of India (LIC) on preferential basis at the price of Rs 132.06 per share," it said in a regulatory filing today.
- Dec 30, 2015 12:58 PM IST
Earlier in September, IFCI sold 1.5 percent of its stake in the bourse for Rs 263.25 crore. According to the NSE website, as on September 30, IFCI held 4.05 percent in the stock exchange.
- Dec 23, 2015 12:39 PM IST
The delisting had got mired in "technicalities" on the last day of the offer on Monday, after a large block of tendered shares could not be 'confirmed' within the stipulated time, prompting BSE to refer the matter to Sebi.