LIC
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 ......
Finance
IDBI Bank picks bankers for sale of non-core assets
State-run IDBI Bank has hired several investment banks to sell its non-core businesses as part of efforts to shore up ......
Finance
IDBI Bank seeks bankers to sell non-core businesses
State-owned IDBI Bank has sought representations from investment banks to sell most of its non-core businesses, three people aware of ......
Finance
LIC unit set to float private debt fund
LICHFL Asset Management Co. Pvt. Ltd, a subsidiary of mortgage lender LIC Housing Finance Ltd, is planning to float a ......
Finance
IndusInd Bank to acquire IL&FS Securities
Hindujas-promoted private lender IndusInd Bank has set the ball rolling to acquire IL&FS Securities Services Ltd (ISSL) for...
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