LIC
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 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
Here's how institutions like LIC hold the key to Cyrus Mistry's fate in Tata Sons battle
Ever since he was removed as the chairman of Tata Sons in October, speculation has been rife on whether Cyrus ......
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 ......
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 ......
General
After LIC's Roy and Rajan, who next in season of exits?
It looks like we are in a season of high-level exits from government owned or backed institutions. Late on Wednesday, ......
General
LIC outshines private rivals as consolidation begins in insurance sector
India’s life insurance sector has taken the first steps toward consolidation while private insurers are taking the fight to the ......