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LIC

Blackstone-backed Fino Payments Bank's PAT up 75% in Q2

Finance

01 November, 2022

Blackstone-backed Fino Payments Bank's PAT up 75% in Q2

Mumbai-based Fino Payments Bank witnessed a rise of 74.7% in its net profit for the quarter-ended September (Q2FY23), to Rs ......

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IPO fundraising to remain lacklustre during H2CY22, experts say

Finance

06 July, 2022

IPO fundraising to remain lacklustre during H2CY22, experts say

The second half of 2022 will be another subdued period for equity capital markets, especially for initial public offerings (IPOs) ......

Quiet opening on Dalal Street this morning

Finance

30 June, 2022

Quiet opening on Dalal Street this morning

Markets were muted on Thursday, as the blue-chip stock indexes headed for their worst quarter since the early days of ......

Lacklustre listing for India's biggest-ever IPO, LIC stock hits the bourses at a discount

Finance

17 May, 2022

Lacklustre listing for India's biggest-ever IPO, LIC stock hits the bourses at a discount

Shares in Life Insurance Corp of India (LIC) slid 5% in their market debut on Tuesday, a fresh setback for ......

Markets end in the red; rupee at record low, crosses 77.50/$ mark

Finance

09 May, 2022

Markets end in the red; rupee at record low, crosses 77.50/$ mark

Markets fell and the rupee hit an all-time low Monday, weighed down by global economic growth worries due to tightening ......

LIC's shares subscribed 100% on second day of IPO

Finance

05 May, 2022

LIC's shares subscribed 100% on second day of IPO

The subscription for India’s biggest initial public offer ever - of Life Insurance Corp of India - reached the milestone ......

Strong start for LIC on day 1 of IPO

Finance

05 May, 2022

Strong start for LIC on day 1 of IPO

The subscription for India’s biggest initial public offer ever - of Life Insurance Corp of India - witnessed a strong ......

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 ......

LIC IPO may be postponed to April

Finance

14 March, 2022

LIC IPO may be postponed to April

India’s largest initial public offering of Life Insurance Corporation (LIC) of India is to be postponed to April, according to ......

LIC's mega IPO gets Sebi nod

Markets

09 March, 2022

LIC's mega IPO gets Sebi nod

India's markets regulator has cleared the initial public offering (IPO) application by India's largest and the only state-owned life insurer ......