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Grapevine: LIC eyes health insurers; Ola Electric secures Rs 100-crore debt

General

14 June, 2024

Grapevine: LIC eyes health insurers; Ola Electric secures Rs 100-crore debt

Life Insurance Corporation of India (LIC), with assets of over Rs 51 trillion ($0.61 trllion) and a 61.5% market share in ......

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Grapevine: KKR eyes over $1-bn roads deal; Kedaara looks to sell Spandana Sphoorty

General

15 June, 2023

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 ......

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LIC IPO gets fully subscribed by anchor investors

Finance

03 May, 2022

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 ......

India slashes LIC's IPO fundraising goal in half to $3.9 bn

Finance

22 April, 2022

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 ......

Central govt gives in-principle nod for strategic divestment in IDBI Bank

Finance

06 May, 2021

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, ......

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 an undisclosed ......

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 ......