Jan 08, 2014 05:59 PM IST
CNBC-TV18 learned from sources that Suzuki, the promoter of top Indian car maker Maruti, is considering open offer for Maruti shares.
- Jan 06, 2014 03:19 PM IST
The oil ministry has tried to convene an inter-ministerial group tomorrow and they will meet on Wednesday to perhaps decide the pricing of the OFS.
- Jan 02, 2014 04:16 PM IST
Life Insurance Corporation posted claim settlement ratio of 97.73 per cent last fiscal, as compared to 97.42 per cent in 2011-12. For private insurers, the settlement ratio had gone down to 88.65 per cent in 2012-13, as compared to 89.34 per cent during the previous year, Irda said.
- Dec 30, 2013 08:27 PM IST
Though many banks have raised money through Basel III- compliant tier II bonds, YES Bank is the first to issue tier I bonds meeting the stringent Basel III norms.
- Dec 10, 2013 02:54 PM IST
Indians have an inherent mistrust of private companies in the insurance sector and think twice before buying their policies. This prevailing lack of confidence in private players stems partly from their being relatively new entrants to the Indian insurance scene.
- Dec 10, 2013 11:59 AM IST
Brokerage house UBS has upgraded China to 'overweight'. But its stand on India is 'neutral'. Should Indian investors stay invested in India or buy a feeder fund into China? Pravin Palande asks experts
- Dec 04, 2013 03:00 PM IST
Banks, capital goods, auto and realty stocks were hurt in today's trade. ICICI Bank, ITC, Tata Motors, ONGC, Tata Motors and Hindalcowere major laggards in the Sensex. Among the gainers are Tata Power, Wipro, Jindal Steel, Tata Steel and Infosys.
- Nov 26, 2013 06:38 PM IST
Although banking sector is LIC's all time favourite investment destination, the company would not shy away from investing in pharma, real estate and infrastructure companies.
- Nov 22, 2013 11:51 AM IST
Nearly 72 percent of the minority shareholders participated in the ballot. Around 69 percent of the minority shareholder voted in favour of the deal.
- Nov 21, 2013 10:09 PM IST
Around 87 percent of the public Institutional shareholders casted their vote, with 67.95 percent of those participating voting in favour, 32.05 percent voting against. This indicates that FIIs voted in favour and DIIs led by LIC voted against the deal.
- Oct 31, 2013 08:51 PM IST
The company's total income from operations rose to Rs 1,813.46 crore during the first quarter, as compared to Rs 1,725.10 crore during the same period of previous fiscal.
- Oct 24, 2013 04:12 PM IST
LIC had cashed out from Infosys by selling shares worth Rs 3,400 crore in Q2, bringing down its stake to 4.95 per cent from 6.72 per cent in Q1. As on September 30, it fell to 4.95 per cent as per the latest data available with the stock exchanges.
- Oct 20, 2013 03:54 PM IST
The biggest institutional investor in the stock market had a 6.72 percent stake in Infosys during the April-June quarter. As on September 30, it fell to 4.95 percent as per the latest data available with the stock exchanges.
- Oct 18, 2013 04:46 PM IST
LIC had a fantastic performance in Q2 and expects the same for the second half of FY14, says chairman SK Roy. Also, he finds banking sector attractive with a longer-term perspective.
- Sep 29, 2013 04:14 PM IST
Life Insurance of India (LIC) has said it has asked the regulator for extending the deadline for withdrawing existing products that do not meet the new norms from October 1.
- Sep 02, 2013 06:30 PM IST
Earlier, Morgan Stanley Asia (Singapore) purchased Rs 46.6 crore worth of equity shares of YES Bank on the National Stock Exchange via bulk deal on August 31. The firm bought 19,22,793 equity shares of the private sector lender at Rs 242.42 apiece.
- Aug 30, 2013 03:52 PM IST
According to Gaurav Mashruwala, all the asset classes like debt, equity and gold should be part of one‘s portfolio.
- Aug 28, 2013 07:47 PM IST
Life Insurance Corporation was spotted buying shares on Wednesday, two dealers who handle trades on behalf of India's largest state-run insurer told Reuters.
- Aug 16, 2013 12:31 PM IST
Industry movements of the fortnight: LIC & HUL
- Aug 14, 2013 05:50 PM IST
"LIC's investment norms at the moment is settled at 20 percent but in special circumstances it can go up to 25 percent. In case LIC wants, the board can take this to 25 percent," Financial Services Secretary Rajiv Takru said
- Aug 05, 2013 08:28 PM IST
The Finance Ministry has sought details from Life Insurance Corporation (LIC) pertaining to its investment in Gitanjali Gems. The Dept of financial services has asked for details of the investment.
- Jul 29, 2013 07:45 PM IST
Finance Ministry today said bulk of investment in government's stake sale in PSUs in 2012-13 fiscal came from foreign institutional investors (FIIs) and that LIC is not salvaging the disinvestment programme.
- Jul 28, 2013 12:42 PM IST
State-run insurance giant LIC has increased its exposure in 17 blue-chip firms, with purchase of shares worth an estimated Rs 8,700 crore in the quarter ended June 30, 2013.
- Jul 26, 2013 11:03 AM IST
Shares of the branded jewellery firm Gitanjali Gems, which boasts of A-list Bollywood stars as its ambassadors, have been on a downward spiral since June 21 with only sellers. From a peak of Rs 637 on April 22, the stock is now down to Rs 85, but there are no buyers in sight still.
- Jul 15, 2013 10:27 AM IST
At the end of December 2012 quarter, LIC held 4.16 cr shares of Infosys representing 7.2% stake. By the end of March quarter, this was down to 3.42 cr shares representing 5.96% stake and in the just released June-ending quarter, its gone back up to 3.86 cr shares representing 6.72% stake.