‘LIC IPO on schedule,’ Centre asserts amid speculations over issue delay
Quashing rumours of a delay, DIPAM secretary Tuhin Kanta Pandey reiterated that plan is on course for the LIC IPO in the last quarter of this fiscal.
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'Growth' Budget gets a thumbs up from markets
Absence of new taxes, no tweaking of older ones, infrastructure capex focus, and stronger disinvestment intent boosts equity indices, with the Sensex recording its best Budget-day gains since 1997.
UTI investors to sell multi-bagger AMC stock
The third IPO from India’s mutual fund industry is worth ₹2,160 crore.
‘Digital is the new reality for life insurance’
The MD & CEO of Bajaj Allianz Life Insurance Company says the industry saw new business fall 32% in March as a result of Covid-19.
YES Bank under a month-long moratorium
Thursday was an eventful day for the crisis-hit lender owing to merger-related speculations, but it ended with crippling the private bank’s most unsuspecting stakeholders—its depositors.
A try-hard Budget
Nirmala Sitharaman’s second Budget attempts to do too many things to boost consumption and growth but ends up falling short of expectations.
Indians trust Dell, Jeep, and LIC the most
LIC is the first and the only Indian company to feature among the top-seven in the Brand Trust Report by research firm TRA.
IL&FS’ Satyam moment
Nine years after the Satyam Computer Services fiasco, IL&FS finds itself in a similar situation, in need of a bailout from the government to prevent the contagion from spreading further.
Government takes charge of IL&FS
The National Company Law Tribunal allows the government to take control of crisis-hit Infrastructure Leasing & Financial Services (IL&FS); Uday Kotak to head the new board.
HDFC Bank is India’s top brand: report
The BrandZ Top 75 report, which ranks India’s top brands, names Jio, Flipkart, Paytm, Infosys and Zee TV among the top 15 brands in the country.
