Life Insurance Corporation
TMT
How Pakistan "helped" India open the disinvestment account in new fiscal year
Life Insurance Corporation (LIC) of India and two other state-run insurers have acquired the so-called "enemy shares"...
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
LIC, PSU banks bail out New India Assurance's $1.5 bn IPO; Khadim subscribed 45%
Life Insurance Corporation of India and a clutch of state-owned banks rescued New India Assurance’s Rs 9,600 crore ($1.5 billion) ......
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 ......
General
Tata boardroom war costs LIC $370 mn; should it be worried?
Since the ouster of Cyrus Mistry last month, many investors have been concerned about the value of their investments in ......
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