The state-run life insurance behemoth, which went public recently, had a net profit of Rs 2.94 crore in the year-ago period
Foreign institutional investors (FIIs) bought shares worth Rs 1,606 crore on Friday while domestic institutional investors sold shares worth Rs 496 crore
The country's biggest lender State Bank of India (SBI) on Saturday posted a 7 per cent decline in standalone net profit at Rs 6,068 crore for the first quarter...
The market valuation of Reliance Industries Limited climbed Rs 17,048.21 crore to stand at Rs 17,14,256.39 crore and that of ICICI Bank advanced Rs 13,861.32...
The court has taken cognisance of the prosecution complaint filed under criminal sections of the Prevention of Money Act (PMLA) against Dharavath Sakru on July...
Corporation's shareholding in Siemens Ltd has diluted from 25,623,599 to 18,412,652 equity shares, decreasing its shareholding from 7.195 per cent to 5.170 per...
From the laggards, Tata Consultancy Services (TCS) took the biggest hit as its market valuation tumbled from Rs 99,270.07 crore to reach Rs 10,95,355.32 crore....
The LIC-controlled bank said its loan processing system is fully automated and this has helped in the growth of the gold loan book
While HUL and ICICI Bank were the other laggards from the top-10 pack, TCS, HDFC Bank, Infosys, LIC, SBI, HDFC, and Bharti Airtel were the gainers
Financial markets have gone through series of impediments and a meaningful recovery may not be around the corner. Nevertheless, when looked at a longer-term...
Launched in December 2021, the LIC Bima Jyoti Insurance plan is a non-linked, non-participating, individual, life assurance savings plan that provides...
The corporation's shareholding in Hero MotoCorp has increased from 1,83,10,233 to 2,24,91,571 equity shares, or from 9.163 per cent to 11.256 per cent of the...
LIC's shareholding in Capri Global Capital has increased from 88,58,348 equity shares to 1,24,00,000 equity shares or from 5.043 per cent to 7.059 per cent of...
The stock fell by 2.86 per cent to end at Rs 777.40 apiece on the BSE. During the day, it tanked 3.10 per cent to Rs 775.40 -- its lowest level since listing...
The total income of the insurer during the March quarter increased to Rs 2,12,230.41 crore, from Rs 1,90,098 crore in the same period of the previous fiscal.
Shares of LIC closed at Rs 875.45, down Rs 73.55 or 7.75 per cent over the issue price, on the BSE. At this price, LIC is valued at nearly Rs 5.54 lakh crore....
LIC's IPO was subscribed 2.95 times on the last day of the offer period on Monday, helping the government mobilize about Rs 21,000 crore.
The bank also announced that M R Kumar has ceased to be the non-executive non-whole time chairman of the bank with effect from May 8, 2022, after completion of...
Against 16,20,78,067 shares on offer, 47,83,25,760 bids were received, according to data posted on stock exchanges at 7 pm.
Life Insurance Corporation's IPO, the country's biggest public offer, was subscribed 2.95 times on the last day of offer period on Monday, helping the...
With the public offer which closes later in the day, the government aims to generate about Rs 21,000 crore by diluting a 3.5 per cent stake in the insurance...
The blaze erupted at 7 am on the ground plus a two-storey structure located on S V Road in Vile Parle west, and no casualty has been reported so far.
Subscription for the non-institutional investors' segment stood at 76 per cent, while that for QIBs' portion was lower at 56 per cent.
LIC has fixed the price band at Rs 902-949 per equity share for the issue. The offer includes a reservation for eligible employees and policyholders. The...
Portions set aside for Non Institutional Investors and Qualified Institutional Buyers (QIBs) also got subscribed 26 per cent and 33 per cent each...