LIC
Finance
HDFC Life to acquire 100% stake in Exide Life for $915 mn
Homegrown insurer HDFC Life Insurance Co. Ltd., said on Friday it will acquire a 100% stake in Exide Life Insurance--the ......
Finance
India to list LIC by current fiscal year end, says govt official
The Indian government expects to list state-owned Life Insurance Corp (LIC) by the end of the current fiscal year, and ......
Finance
Investors offer massive haircuts for LIC's $1 bn stressed loan accounts
At least five large investors including private equity players have bid very low to acquire stressed corporate loans worth about ......
Markets
Private equity-backed firms won't stop partying in IPO markets anytime soon
Firms backed by private equity played a meaty role in the huge IPO rush seen this year and there’s no ......
Finance
Central govt gives in-principle nod for strategic divestment in IDBI Bank
The government has given an in-principle approval for strategic divestment along with transfer of management control of IDBI Bank Ltd, ......
Finance
India likely to announce stake sales of IDBI Bank, LIC
India's government plans to announce the sale of a 10% to 15% stake in state-run Life Insurance Corp, the country's ......
General
Grapevine: Times Group to sell minority stake in web arm; T Rowe to up UTI Trustee holding
Bennett Coleman & Co. Ltd (BCCL), also known as Times Group, is looking to sell around 10% stake in its ......
General
Grapevine: RIL may buy Future retail biz for $3.6 bn; LIC shortlists bankers for pre-IPO
Reliance Industries Ltd (RIL) may acquire Future Group’s retail business for up to Rs 27,000 crore ($3.6 billion), two people ......
Finance
Budget 2020: Govt to sell stake in LIC, doubles disinvestment target
The government has doubled its disinvestment target for the next fiscal year to Rs 2.1 trillion (about $29.36 billion) to ......
TMT
Miniratna MSTC's IPO struggling as institutional investors yet to buy in
Government-run trading and e-auction services firm MSTC Ltd is struggling to sail through despite extending the duration of its initial ......
