LIC
TMT
Miniratna MSTC yet to find institutional backers after IPO extension, price cut
Government-run trading and e-auction services firm MSTC Ltd is struggling to find takers among institutional investors despite extending the duration ......
Finance
LIC-owned IDBI Bank to shed non-core assets, NPAs as part of turnaround plan
IDBI Bank and its new majority shareholder, state-owned Life Insurance Corporation of India (LIC), have chalked out a plan which ......
Finance
UTI AMC's local, foreign shareholders spar over extending chief Leo Puri's term
The fate of UTI Asset Management Company’s chief executive, Leo Puri, is hanging in the balance as the mutual fund ......
Finance
Why taking over IDBI Bank may be a bad deal for LIC
When all else fails, complicate matters. Aaron Allston, the American science fiction author best known for Star Wars novels, is ......
Finance
LIC board approves taking majority stake in IDBI Bank
The Life Insurance Corporation of India's board has approved raising its stake in state-run IDBI Bank to 51 percent, Economic ......
Manufacturing
LIC helps Hindustan Aeronautics IPO hit finish line; Sandhar issue covered 40%
Hindustan Aeronautics Ltd’s initial public offering (IPO) was fully covered on its final day Tuesday, thanks to support from Life ......
Finance
Bain Capital to lead $1.8 bn fund infusion in Axis Bank
US-based global alternative investment firm Bain Capital, state-run Life Insurance Corporation and investment management firm Capital Group will acquire Axis ......
Finance
Mahindra Logistics' IPO covered eight times; NIA issue little changed on day 2
The initial public offering of Kedaara Capital-backed Mahindra Logistics Ltd saw good turnout on the final day, while that of ......
Finance
New India Assurance's $1.5 bn IPO, Mahindra Logistics offer sail through
The initial public offerings of state-owned insurer New India Assurance Co. Ltd and Mahindra Logistics Ltd were fully covered on ......
Finance
GIC Re's $1.7 bn IPO subscribed 90% on day two
The initial public offering (IPO) of state-run reinsurance firm General Insurance Corp of India (GIC Re) was covered 90% on ......
