The Indian government's proposed IPO of state-owned Life Insurance Corporation of India (LIC) will improve the accountability and transparency of the country's largest insurer but is unlikely to happen during the next fiscal, Fitch Ratings said on Wednesday. ...
Bank credit growth is set to bottom out but may rise 200-300 bps next fiscal while retail lending, supported by securitisation, will remain the key driver in the next fiscal. ...
Security markets regulator SEBI on Tuesday said that foreign portfolio investors (FPI) from Mauritius will continue to be eligible for registration, although with increased monitoring....
A collection of 112 lots of prized assets belonging to absconder diamantaire Nirav Modi shall be put up for live and online auctions starting here on February 27, officials said....
The IPO Committee of SBI Card has set the price band for its initial public offering (IPO) in the range of Rs 750-755 per equity share....
Telecom majors Bharti and Jio further gained Revenue Market Share (RMS) while Vodafone Idea continued to lag on AGR basis, according to a report by EMkay Research....
To bring more efficiency in the risk management system, market regulator Sebi has conducted a review of the margin framework for cash and derivatives segments. ...
Indian stock markets alongside global equities markets tumbled and prices of safe haven assets such as gold logged a record high over fears of further disruption in economic activity owing to the jump in coronavirus-related deaths, particularly outside China....
Union Minister for Steel Dharmendra Pradhan on Monday urged the Japanese investors to invest in the Indian steel sector and also asked them to get into partnerships for transfer of technology. ...
Fear of further disruption in economic activity owing to the jump in coronavirus related deaths drove the prices of safe haven assets like Gold to a record high and pushed the oil prices and global equities lower on Monday. Indian benchmark equity index, Sensex lost nearly 800 points during the afternoon trade. ...