Dividend paid to the government of India in FY19 amounted to Rs 2,663 crore.
LIC chairman M R Kumar on Monday said that the insurance behemoth was watching the geo-political situation carefully
Shares of Federal Bank on Monday gained over two per cent after its subsidiary Fedbank Financial Services Ltd (FedFina) filed preliminary papers with markets regulator Sebi for IPO
Archean is focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers around the world
FY21 profit of Rs 4,579 cr would make it 34th most profitable listed firm
Proposes disclosure of relevant KPIs made before pre-IPO investors
Sebi on Friday moots that loss-making new age tech firms planning to list their shares should make key performance indicator disclosures considered to arrive at basis of issue price in offer document.
Between 2018 and 2020, there were 15 TMT IPOs in India. Last year alone, 15 Indian TMT companies went public and raised a total proceeds of $4.8 billion, reveals data and analytics company GlobalData
The PSU holds equity stake worth over Rs 9.5 trillion in listed firms; how it votes on resolutions will now be more actively tracked
As many as nine virtual roadshows being held daily over 20-day period
LIC will become either the largest or third-largest listed stock in the domestic markets and will get a quick entry into MSCI and FTSE indices
Says previous IRDAI chief retired in May 2021 and FinMin had been planning the IPO well before chief's post fell vacant, but did not name a successor even after 8 months
Capital Small Finance Bank and Jesons Industries, a manufacturer of speciality coating emulsions, have received markets regulator Sebi's go ahead to raise funds through initial public offerings (IPOs)
Moving one step closer to initial public offering (IPO), LIC on Sunday filed draft papers with the market regulator Securities and Exchange Board of India (SEBI)
Landing the listing, which is slated for next month, will test India's capital markets at a time when about $5 trillion has been wiped out from global equities
Sebi's approval for LIC IPO is expected to come in three weeks. The DHRP of the LIC IPO does not reveal the size of the IPO, but it is 100 per cent OFS with no fresh issue
Tata Sons, the holding company of the group, is likely to remove the age limit for Tata Trusts nominees on its board. More on that in our morning wrap.
LIC IPO would be the biggest IPO in the history of Indian stock market; DRHP has been filed today with the SEBI, says DIPAM secy
The company's existing shareholders, including founder TVS Mobility Pvt. and investors Gateway Partners and Tata Capital Financial Services Ltd., plan to sell as many as 59.48 million shares
LIC IPO: After approval from the insurance regulator, the draft will be checked again and placed before the LIC board on Sunday