Life Insurance Corporation of India
General
Grapevine: KKR eyes over $1-bn roads deal; Kedaara looks to sell Spandana Sphoorty
Private equity major KKR’s roads unit is in discussions to acquire a clutch of road assets from an Indian company ......
Finance
LIC IPO gets fully subscribed by anchor investors
Life Insurance Corporation of India’s initial public offering (IPO) was fully subscribed by anchor investors including Norwegian wealth fund Norges ......
Finance
India slashes LIC's IPO fundraising goal in half to $3.9 bn
The Indian government is halving its fundraising goal for Life Insurance Corporation of India's (LIC) IPO to Rs 300 billion ......
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, ......
General
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 ......
Finance
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 ......
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
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 ......
General
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 ......
General
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 ......