Mar 15, 2013 04:00 PM IST
In an interview to CNBC-TV18, personal finance expert, Harshvardhan Roongta of Roongta Securities discussed about Life Insurance Corporation of India's new product Jeevan Sugam.
- Mar 11, 2013 10:23 PM IST
New insurance regulator TS Vijayan gives the sector no reason to party, companies are up in arms, they say that the new guidelines for insurance products threaten to hurt an already bleeding industry.
- Mar 05, 2013 11:51 AM IST
Lack of retail participation and continuous selling by domestic institutional investors (DIIs) remains the key concern for Indian market, believes Nirmal Jain, chairman-IIFL.
- Feb 18, 2013 09:09 PM IST
Insurance Regulatory and Development Authority (IRDA) today said the government's recent move to allow LIC to own up to 30 per cent in a listed company is a matter of legal interpretation. "The issue is a matter of legal interpretation.
- Feb 13, 2013 08:06 AM IST
Rising pile of non-performing assets coupled with low base of equity capital has cramped growth for state-owned Indian Overseas Bank. Not surprisingly, investors have been could-shouldering the stock for a while now. Over the last year, IOB shares shrank nearly 23% as against a rise of about 18% in the Bankex.
- Feb 08, 2013 05:40 PM IST
Sovereign wealth fund GIC of Singapore has cornered shares worth Rs 1,000 crore in NTPC divestment in which foreign funds bought almost 45 per cent of shares put on sale.
- Feb 07, 2013 10:53 AM IST
The price action for the last few trading session has been depressing and most investors are feeling a bit demoralised, says Samir Arora, fund manager at Helios Capital.
- Feb 06, 2013 05:37 PM IST
SP Tulsian, sptulsian.com says that although the OFS floor price seems to be set at a discount to the CMP, the price seems to be a bit aggressive. He does not think there will be good response from the Foreign Institutional Investors (FIIs).
- Feb 04, 2013 09:30 AM IST
In an interview to CNBC-TV18 portfolio manager PN Vijay shared reading and outlook on the market.
- Feb 03, 2013 12:12 PM IST
State-run insurance giant LIC has lowered its holdings in as many as 27 of the 50 blue-chip firms forming the market benchmark index Nifty, while selling shares worth an estimated Rs 8,000 crore.
- Jan 29, 2013 11:38 AM IST
Manish Chokhani, MD & CEO, Axis Capital and Dharmesh Mehta, MD-institutional equities, Axis Capital explain in a discussion on CNBC-TV18 that there been a very strong response to the Axis Bank QIP whose price was set at Rs 1,390 per share. The QIP witnessed participation from most of the major long-only investors and pension funds.
- Jan 24, 2013 09:40 PM IST
LIC Nomura Mutual Fund aims to reach average assets under management (AUM) mark of Rs 10,000 crore by the end of current fiscal with growth coming in from open-ended tax-saving scheme along with other funds.
- Jan 22, 2013 12:05 PM IST
Over the last few months, there have been reports of domestic institutional selling in the market. However, S Sarkar, Managing Director of LIC said they have been net buyers in the equity market in 2012 and they are not selling into the rally.
- Jan 16, 2013 05:48 PM IST
State-owned India Infrastructure Finance Company Ltd (IIFCL) today said it has got Sebi nod for floating USD 1 billion (about Rs 5,000 crore) infrastructure debt fund (IDF), which will be operational in a month.
- Jan 11, 2013 05:34 PM IST
Institutional investors have hiked their holding in Reliance Industries Ltd to nearly 29 per cent - highest in about 7 years - as LIC and foreign funds stocked up shares worth Rs 1,000 crore in the last quarter.
- Jan 10, 2013 09:58 AM IST
In an interview to CNBC-TV18 VK Sharma of HDFC Securities shared reading and outlook on the futures and options market.
- Jan 09, 2013 12:47 PM IST
State-run insurer LIC has hiked its stake in Infosys to 7.24 per cent, raising its holding in the IT major for third straight quarter with an estimated purchase of shares worth over Rs 3,000 crore.
- Jan 08, 2013 09:40 PM IST
State-run LIC picked up nearly half of Hindustan Copper's shares put on offer for sale in November last year, stock exchange data revealed. LIC picked up 2.25 crore shares, or 2.43 per cent stake, of the total 5.16 crore shares put on offer. The Hindustan Copper FPO marked the government's disinvestment process for the current fiscal.
- Jan 03, 2013 09:15 PM IST
Against the backdrop of its disinvestment plan, the government will soon come out with a notification allowing LIC to invest up to 30 per cent of its funds in listed as well as non-listed companies.
- Dec 31, 2012 07:54 PM IST
State-run Life Insurance Corporation (LIC) has reduced its stake in Tata Global Beverages Ltd to little over 7 per cent by offloading shares over a period of four months.
- Dec 12, 2012 03:11 PM IST
In an interview to CNBC-TV18 Hemant Rustagi, Wiseinvest Advisors
shared his reading and outlook on various policies/plans offered by Life Insurance Corporation of India (LIC).
- Dec 10, 2012 10:01 AM IST
In an interview to CNBC-TV18 Rajen Shah, chief investment officer CIO, Angel Broking shared reading and outlook on the Indian equity market. He expects both the Sensex and the Nifty to move in small range, but suggests focusing on broader market. "Sensex would be in this range of 19,000-20,000," he added.
- Dec 04, 2012 10:22 AM IST
Punjab & Sind Bank has target of Rs 100 from short-term perspective and at Rs 125 the stock would be fully priced, so almost 80-90 percent upside even from current levels, says Aashish Tater, Head of Research, Fortunewizard.com.
- Nov 27, 2012 08:37 PM IST
Bucking the industry trend, ICICI Prudential Life Insurance has reported 7 per cent increase in premium collection in the April-October period.
- Nov 26, 2012 05:39 PM IST
Industry body Assohcam today suggested a bailout for the grounded Kingfisher Airlines following the government's decision to rescue the ailing national carrier Air India, saying there is no difference in the financial woes of both the airlines.