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Life Insurance Corporation of India

Grapevine: LIC to sell stake in IDBI Bank; two left in race for Piramal's glass unit

General

16 September, 2020

Grapevine: LIC to sell stake in IDBI Bank; two left in race for Piramal's glass unit

Life Insurance Corporation of India (LIC) is planning to gradually sell its stake in IDBI Bank nearly two years after ......

SBI to trim stake in UTI Mutual Fund via IPO

Finance

04 December, 2019

SBI to trim stake in UTI Mutual Fund via IPO

Top lender State Bank of India on Wednesday approved the sale of an up to 8.25% stake in mutual fund ......

LIC-owned IDBI Bank to shed non-core assets, NPAs as part of turnaround plan

Finance

12 March, 2019

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...

IndusInd Bank to acquire IL&FS Securities

Finance

15 March, 2017

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...

IndusInd Bank to acquire IL&FS Securities

General

15 March, 2017

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 an undisclosed ......

Economy round-up: Strike cripples IT city; World Bank points to heavy pollution costs

General

09 September, 2016

Economy round-up: Strike cripples IT city; World Bank points to heavy pollution costs

A strike in Karnataka virtually brought India’s IT capital Bengaluru to a standstill, as more than 1,100 associations protested the ......

UCO Bank raising around $65M from LIC by selling shares

General

05 February, 2015

UCO Bank raising around $65M from LIC by selling shares

State-run lender UCO Bank is allotting around 60.8 million equity shares to Life Insurance Corporation of India on a preferential ......

LIC pitched in with $1.6B in Coal India's record $3.6B offer for sale

Manufacturing

02 February, 2015

LIC pitched in with $1.6B in Coal India's record $3.6B offer for sale

State-owned life insurer Life Insurance Corporation of India has picked almost half of the shares in government's offer for sale ......

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