
LIC Hikes Stake in Coforge to 5.033%; Macquarie Sees 60% Upside
By Malvika Gurung Investing.com -- The country’s largest insurance company Life Insurance Corporation Of India (NS:LIFI) has raised its shareholding in the IT company Coforge...
By Malvika Gurung Investing.com -- The country’s largest insurance company Life Insurance Corporation Of India (NS:LIFI) has raised its shareholding in the IT company Coforge...
By Malvika Gurung Investing.com -- The domestic market closed the past week moderately high with benchmarks clocking 0.5% gains, aided by encouraging domestic and US inflation data,...
The four public sector government insurers -- The Oriental Insurance Company Limited, National Insurance Company Limited, The New India Assurance Company Limited and United India Insurance...
By Malvika Gurung Investing.com -- Shares of IDBI Bank (NS:IDBI) hit a new 52-week high of Rs 62 apiece on Monday as they zoomed 5% in early trade on reports that Emirates NBD and Fairfax...
By Malvika Gurung Investing.com -- The domestic market closed the past week lower with benchmarks Nifty50 settling below the crucial 18,000 level and Sensex losing 1.5% in the period, led by...
Chennai, Jan 7 (IANS) Several bids have been received for acquiring controlling stake in the IDBI Bank (NS:IDBI), said a top official in the Department of Investment and Public Asset...
By Malvika Gurung Investing.com -- The markets regulator Securities and Exchange Board of India (SEBI) has given the Government of India approval for reclassifying its holding in the finance...
After having a volatile year in 2022 which was led by geopolitical tension, rising inflation, and a surge in covid, the Indian market is still holding its ground. The benchmark indices...
By Malvika Gurung Investing.com -- Shares of the state-owned iron ore company NMDC Ltd (NS:NMDC) rose 2.5% on Monday and were trading 2% at the time of writing after a series of...
New Delhi, Dec 28 (IANS) The Supreme Court has allowed an appeal against an insurance company, which issued a back-dated letter deferring the insurance process and later rejected the...
By Malvika Gurung Investing.com -- The domestic market closed the past week lower for the third time in a row amid downcast global cues including resurging Covid cases across countries,...
By Malvika Gurung Investing.com -- HDFC (NS:HDFC): The country’s largest mortgage lender has raised its retail prime lending rate by 35 bps to 8.65%, coming into effect from Tuesday. Dabur...
By Malvika Gurung Investing.com -- The country’s largest insurer Life Insurance Corporation (NS:LIFI) of India has hiked its shareholding in the e-ticket booking platform Indian...
By Malvika Gurung Investing.com -- Shares of the mutual fund company UTI Asset Management Company (NS:UTIA) rallied 17.15% to Rs 903.55 apiece at the time of writing, after soaring nearly...
By Malvika Gurung Investing.com -- The country’s largest insurance company Life Insurance Corporation Of India (NS:LIFI) has raised its shareholding in one of the largest mutual fund...
Chennai, Dec 14 (IANS) A combination of factors like proposed regulatory changes, business performance, head honcho from private sector, higher profit booking and issue of bonus shares seems...
Chennai, Dec 14 (IANS) Two government owned general insurance companies -- National Insurance Company Ltd and Oriental Insurance Company Ltd -- have not recruited a single person for the...
New Delhi, Dec 13 (IANS) Reliance Industries Ltd (NS:RELI), India's largest corporate by revenues, profits, and market value, topped the 2022 Wizikey Newsmaker report as India's...
Chennai, Dec 13 (IANS) With the Central government proposing to allow composite insurers, there will be increased cross selling opportunities, operational expense synergies and...
Chennai, Dec 6 (IANS) With the government announcing its intention to almost rewrite the insurance laws by proposing far-reaching amendments, the amendment Bill should be first sent to the...
By Malvika Gurung Investing.com -- Tata Motors (NS:TAMO): The domestic automaker is considering hiking its passenger vehicle prices from Jan 2023 so that its model range becomes compliant...
By Malvika Gurung Investing.com -- Lupin (NS:LUPN): The drug major has signed a definitive agreement with its wholly-owned subsidiary in Brazil, MedQuímica for the acquisition of all...
The shares of Punjab National Bank (NS:PNBK) (PNB) climbed 9.44% on Friday’s early trades to reach a fresh 52-week high of ₹ 55.65. They took the winning run to the eighth straight...
By Malvika Gurung Investing.com -- The country’s largest insurance company Life Insurance Corporation Of India (NS:LIFI) has pared its shareholding in the leading graphite products...
The shares of UCO Bank (NS:UCBK) opened at Rs 15.85 on Monday and gained as much as 17 percent to reach its new 52-week high of Rs 18.65 in the early trading hours. In the past five...
On November 7, Finance Minister Nirmala Sitharaman said 12 PSBs registered handsome net profits during Q2FY23 and also H1FY23. "The continuous efforts of our govt for reducing the NPAs &...
By Malvika Gurung Investing.com -- Bajaj Auto (NS:BAJA): Insurance behemoth Life Insurance Corporation (NS:LIFI) of India has offloaded a 2% stake in the auto heavyweight, bringing its...
However, when it comes to non-compliance of rules and guidelines laid down by exchanges, action is taken against the listed entity which leads to suspension of trading on the exchange. Any...
The shares of the largest insurance company, Life Insurance Corporation (NS:LIFI) of India opened at Rs 665 on Tuesday. However, till the afternoon the stock declined by 1 percent to...
Chennai, Nov 14 (IANS) Driven by the government-owned Life Insurance Corporation (NS:LIFI) of India, the life insurance industry in India logged decent performance in October 2022, said...
By Malvika Gurung Investing.com -- Shares of the country’s largest insurance company Life Insurance Corporation Of India (NS:LIFI) zoomed 9% on Monday, clocking their highest single-day...
By Malvika Gurung Investing.com -- Life Insurance Corporation (NS:LIFI) of India: The national insurer’s net profit rallied a whopping 1,013.2% YoY to Rs 15,952 crore in Q2, while net...
Chennai, Nov 11 (IANS) Indian life insurance market leader Life Insurance Corporation (NS:LIFI) of India (LIC) closed Q2FY23 ending September 30 with a net profit of Rs 15,952.49...
By Malvika Gurung Investing.com -- One stock has been omitted from the Futures and Options (F&O) ban list for trade by the National Stock Exchange on Nov 7, 2022, leaving only one stock on...
The shares of Adani (NS:APSE) Enterprise were trading in green till the afternoon on Friday at Rs 3,616 levels. In the past five days, the stock has gained approximately 9 percent. In the...
By Malvika Gurung Investing.com -- Adani Transmission (NS:ADAI): The transmission major’s net profit declined 32.7% YoY to Rs 194 crore due to an adverse forex movement of Rs 138 crore...
By Malvika Gurung Investing.com -- Shares of the country’s second-largest mortgage lender LIC Housing Finance (NS:LICH) plunged nearly 13% on Wednesday, hitting the day’s low at Rs 348.65...
By Malvika Gurung Investing.com -- Shares of the country’s largest insurance company Life Insurance Corporation Of India (NS:LIFI) surged 2.6% to Rs 608 apiece on Monday, following reports...
By Malvika Gurung Investing.com -- Rekha Jhunjhunwala, the wife of late Indian ace investor or ‘Big Bull’ Rakesh Jhunjhunwala, has picked up additional shares of the telecommunications...
By Malvika Gurung Investing.com -- PowerGrid Corporation (NS:PGRD), Life Insurance Corporation (NS:LIFI) of India: The insurance behemoth has offloaded over 2% of its holding in the...
The shares of IDBI Bank (NS:IDBI) shot up by 10% today as the government invited bids for the bank’s privatization. As of 12:20 IST, the shares of the private sector bank were...
By Malvika Gurung Investing.com -- Tata Consultancy Services (NS:TCS): The IT behemoth will kick off the Q2FY23 earnings season by releasing its results on Monday. Power Grid Corporation...
By Malvika Gurung Investing.com -- Vedanta (NS:VDAN): The mining company’s aluminium production at the Lanjigarh refinery fell 11% YoY to 4.54 lakh tonnes due to scheduled maintenance during...
By Malvika Gurung Investing.com -- The state-owned insurance behemoth Life Insurance Corporation (NS:LIFI) of India has raised its shareholding in the pharmaceutical heavyweight Dr....
By Malvika Gurung Investing.com -- Bharat Petroleum (NS:BPCL): The insurance giant Life Insurance Corporation (NS:LIFI) has raised its shareholding in the ‘best performing’ Maharatna PSU...
Chennai, Sep 27 (IANS) The management of public sector non-life insurer The Oriental Insurance Company Ltd will discuss with the employee unions before fixing the new key performance...
By Malvika Gurung Investing.com -- The banking company IDBI Bank (NS:IDBI) has informed of completing its entire stake sale in the joint venture Ageas Federal Life Insurance Company or...
By Malvika Gurung Investing.com -- Century Enka (NS:CNTE): Behemoth insurer Life Insurance Corporation (NS:LIFI) of India has reduced its shareholding in the small-cap company to 3.49% by...
"The General Insurers' (Public Sector) Association of India (GIPSA) has informed the unions that it was not possible to match the 15 per cent wage hike percentage offered to Life Insurance ...
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