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Life Insurance Corporation Lic
Business  /  Published 10.06.21

LIC chief tenure extended

The tenure of LIC chairman M.R. Kumar has been extended by the appointments committee of the cabinet on Wednesday. Kumar’s term as LIC chairman was supposed to end on June 30, 2021, but the Cen...
By Our Special Correspondent in New Delhi

Business  /  Published 16.05.21

PNB raises Rs 1,800cr via QIP

State-owned Punjab National Bank on Saturday said it has raised Rs 1,800 crore by selling 53 crore shares on a private placement basis to investors such as LIC and Societe Generale. Eligible qualifie...
By PTI in New Delhi

Business  /  Published 14.05.21

Covid cloud on Air India, BPCL selloff

The second wave of the coronavirus is likely to delay the financial bids for sell-off bound BPCL and Air India till September as the travel restrictions are likely to delay the physical verification o...
By R. Suryamurthy in New Delhi

Business  /  Published 07.05.21

Five working days for LIC

State-owned LIC will have five working days from May 10 as Saturdays have been declared as a holiday for the insurer. “Following a notification on April 15, 2021, wherein the central government...
By PTI in New Delhi

Business  /  Published 07.05.21

IDBI soars on selloff approval

Shares of IDBI Bank on Thursday rallied almost 7 per cent after the Centre gave an in-principle approval for strategic divestment along with transfer of management control in the lender. The IDBI Ban...
By Our Special Correspondent in Mumbai

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Business  /  Published 06.05.21

IDBI selloff on course

The government has given an in-principle approval for the strategic disinvestment of IDBI Bank along with transfer of management control, paving the way for both the government and Life Insurance Corp...
By Our Special Correspondent in New Delhi

India  /  Published 19.04.21

'Privatisation will increase inequality'

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By Subhoranjan Dasgupta

Business  /  Published 31.03.21

Centre to kick off IDBI privatisation

The Modi government is set to step on the gas to achieve its  ambitious Rs 1.75 lakh crore disinvestment target for 2021-22 with the Union cabinet expected to set the ball rolling on the privatis...
By Our Special Correspondent in New Delhi

Business  /  Published 28.03.21

LIC float likely to raise Rs 1 trillion

The proposed IPO of Life Insurance Corporation (LIC) is expected to garner at least Rs 1 lakh crore which would help to achieve the ambitious divestment target of Rs 1.75 lakh crore set in the Union b...
By Our Special Correspondent in New Delhi

Jharkhand  /  Published 18.03.21

LIC employees protest in Dhanbad

More than 100 employees of Life Insurance Corporation (LIC) of India, Dhanbad, on Thursday took out a rally and carried out demonstrations in front of their respective branches as part of th...
By Praduman Choubey in Dhanbad


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