Fractal Analytics raises Rs 1,249 crore from anchor investors ahead of IPO; Morgan Stanley and Goldman Sachs are among the top lenders

Fractal Analytics on Friday said it has raised Rs 1,249 crore from anchor investors ahead of its proposed initial public offering (IPO), after allotting 1,38,69,499 shares to 52 anchor investors at the top end of the price band of Rs 900 per share.The IPO opens for public subscription on Monday, February 9 and closes on […]

Q3 results today: Airtel and Tata Motors PV are among 198 companies reporting earnings on Thursday

The December quarter earnings season continues on Thursday, with no fewer than 198 companies set to announce their third quarter results. Key results to look out for include Airtel, Tata Motors PV, LIC, Nykaa, Hero MotoCorp, and several others.What to expect from Airtel Q3 results Telecom giant Bharti Airtel is expected to report a steady […]

The government is considering sale of shares in LIC through FPO in the next financial year

The government is actively considering further reducing its stake in insurance giant LIC through a public offer in the next financial year, Financial Services Minister M. Nagaraju said on Monday.Currently, the government has a 96.5 percent stake in Life Insurance Corporation (LIC). It had sold 3.5 percent through an initial public offering (IPO) in May […]

Visionary budget with focus on long-term growth: R Doraiswamy, LIC

As markets digested the Union Budget amid mixed reactions, industry leaders offered a longer-term perspective on the government’s priorities and growth agenda. Speaking to ET Now, R Doraiswamy, CEO and MD, LIC, described the Budget as a forward-looking roadmap that aligns with India’s ambition to become one of the three largest economies in the world.“This […]