IPObound

Bengaluru: Digital payments and financial services provider, Pine Labs on Wednesday announced that it has picked a majority stake in payments solution provider, Mosambee. With the investment by Pine Labs, Mosambee is now valued at upwards…

<!-- -->The sharp jump in LIC profit is largely due to the change in the surplus distribution model.New Delhi: The net profit of Life Insurance Corporation of India rose to Rs 234.91 crore in the third quarter of the current financial…

<!-- -->Upasana Taku said Mobikwik recorded profit of around Rs 7 crore in the third quarter of 2021-22.New Delhi: IPO-bound fintech firm Mobikwik became profitable in the December 2021 quarter and expects to close the current…

<!-- -->Cabinet has cleared 20 per cent foreign direct investment through automatic route in LICPaving the way for foreign funds to participate in the much awaited initial public offer (IPO) of Life Insurance Corporation of India…

PTI New Delhi, February 26 The Union Cabinet on Saturday permitted up to 20 per cent foreign direct investment (FDI) under automatic route in…

The decision in this regard was taken by the Cabinet, chaired by Prime Minister Narendra Modi The decision in this regard was taken by the Cabinet, chaired by Prime Minister Narendra Modi The Union Cabinet on February 26 permitted up to…

NEW DELHI: The Union Cabinet is likely to consider on Saturday a proposal seeking changes in the foreign direct investment (FDI) policy to facilitate disinvestment of the country's largest insurer LIC, sources said. The department for…

State-run Life Insurance Corp Of India (LIC), which is planning the country's largest IPO next month, may not sell its entire stake in IDBI Bank and can use its large network of branches to market its insurance services,…

<!-- -->LIC last month appointed six independent directors on its boardNew Delhi: Ahead of its initial public offering (IPO), Life Insurance Corporation (LIC) last month appointed six independent directors on its board to meet…

<!-- -->Government has extended the tenure of LIC chairman by one yearNew Delhi: Government has extended the tenure of IPO-bound Life Insurance Corporation of India's (LIC) chairman M R Kumar by one more year, to ensure hassle-free…