Latest Updates Around The World
Tata Capital’s RS 15,512-Crore IPO, one of the largest public issues of the year, is open today for subscription. In the first hour of bidding, the issue was subscribed to 17%, with bids received for 5.58 Crore shares against the total range of 33.34 Crore shares. The IPO will remain open for three days and […]
Markets traded moderately on the monthly due date and ended almost unchanged in the midst of mixed signals. Since the RBI policy meets the outcome approaches, analysts said that tariff-sensitive sectors such as banking, car and realty probably remain in focus. “Technically, 24,600 remains an immediate support and an infringement could open the doors for […]
Shares of Lic-Stundered Smallcap Paisalo Digital are nowadays likely to be in Focus after the promoter company, Equilibrated Venture CFLow (P) LTD, its importance increased by 0.5%, with 45 LAKH shares. The importance of Equilibrated is now 18.17%. Paisalo Digital is a non-bank financial enterprise (NBFC) that deals with the credit industry. LIC has a […]
While the GST reforms of India are praised as a catalyst to stimulate growth and reward investors of shares, not all shares have emerged as winners. The GST on coal was raised to 18% compared to the earlier 5%, with the influence of assets. On Thursday, Coal India remained flat, while NLC India, Tata Power […]
Kamlesh Rao, chairman, committee for insurance consciousness (IAC-Life), who informs the media in Kolkata on Wednesday in Kolkata | Photocredit: Debasish Bhaduri The country’s life insurance sector is looking for equal GST reductions for insurance premiums, reinsurance and committees for protection plans to fully pass on the rate reduction benefit to the policyholders. The Life […]
The combined market rating of eight of the top 10 most appreciated companies eroded by RS 2,24,630.45 Crore last week, where Reliance Industries and HDFC Bank take the biggest hit, in-line with a bear trend in shares. Last week the BSE -Benchmark fell 1,497.2 points, or 1.84 percent. From the top 10 package, Reliance Industries, […]
According to the terms of the transaction, the voting rights of LIC may not exceed 10 percent and the insurer may also not exercise direct or indirect control over the affairs of the bank | Photocredit: Dado Ruvic The Securities and Exchange Board of India (Sebi) has made reclassification of Life Insurance Corporation of India […]
Idbi Bank said that Regulator of the Sebi capital markets has approved the reclassification of Life Insurance Corporation (LIC) as a “public shareholder” in the lender once the strategic disinvestment process of the government is completed. In an exchange application, the bank stated that SEBI goods inspection is subject to several conditions, including LIC who […]
Shares of Life Insurance Corporation of India (LIC) fell by 3% on the trade on Wednesday after reports suggested that the government could start the divestment process for the sale of a minority stake in the largest insurer in the country within the next two weeks. According to CNBC-TV18, the government is considering falling between […]
Life Insurance Corporation of India (LIC) is not very disrupted by the market share that falls as a result of the number of competitors, even because the largest insurer in the country is planning to increase the share of non-participating (non-PAR) products, which offer guaranteed benefits to policyholders on the due date, according to a […]
