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Curated By: Business Desk Last Updated: September 18, 2023, 13:35 IST Tata Sons aims to raise Rs 55,000 crore through this IPO. Tata Group’s principal investment holding and promoter of Tata Group companies has been recently classified as upper layer Non-Banking Financial Company (NBFC) by RBI. Tata Group’s principal investment holding and promoter of Tata…
New Delhi: In India, choosing the right platform to park your hard-earned money is an uphill battle as there are numerous options available in the market. But, the majority of people consider LIC for the same as it is backed by the government. In this article, we have curated each and every detail of the LIC…
Jio Financial Services listed on the stock exchanges on August 21. The market capitalisation of the financial services company stood at close to Rs 1.60 lakh crore. Source link
Last Updated: August 22, 2023, 14:50 IST Life Insurance Corporation (LIC) on Tuesday said it has acquired 6.66 per cent stake in Jio Financial Services, the demerged non-banking financial services unit of the Mukesh Ambani-led Reliance group. “… Corporation has acquired 6.660 per cent shareholding in ‘Jio Financial Services Ltd’ through demerger action by ‘Reliance…
Curated By: Business Desk Last Updated: August 18, 2023, 20:20 IST Market experts have predicted green pastures for those who would invest in the shares of the country’s largest insurance company, Life Insurance Corporation of India (LIC). Investing in shares of LIC can give one better returns than FD in the coming days, according to…
Curated By: Business Desk Last Updated: August 11, 2023, 11:34 IST Prime Minister Narendra Modi took a swipe at the opposition on Thursday, during his speech at Lok Sabha during the no-confidence motion on various issues, but even then he had a piece of investment advice. The prime minister said opposition parties spread lies about…
Stocks to Watch on August 11: Nifty futures traded 18 points, or 0.09 per cent, higher at 19,558, signaling that Dalal Street was headed for a positive start on Friday. Here’s a slew of stocks that will be in focus today for various reasons. Earnings Watch: A total of 639 companies are scheduled to announce June…
The total income increased to Rs 1,88,749 crore for the June quarter as against Rs 1,68,881 crore in the year-ago period, LIC said in a regulatory filing. Source link
Curated By: Business Desk Last Updated: August 10, 2023, 12:31 IST The government of India is re-evaluating the role of the Life Insurance Corporation (LIC) to tighten the operation for enrolment under the voluntary pension schemes for labourers and workers. The government wants more people to engage through Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) and…