While LIC's 'losses' became political hot potato after Hindenburg row, calculations show India’s largest insurance firm has seen value of its investments in Adani companies grow over 36%.
According to HDFC's executive director, across investor categories, there was LIC being one of the largest ones, along with other banks, mutual funds & pension trusts.
New Delhi: Delhi University’s proposed endowment fund for research and development has caught the interest of various public sector undertakings (PSUs), which are considering...
When asked about the stock rout in an interview, Somanathan said there was no cause for concern for depositors, policyholders or investors in any nationalised banks or insurance companies.
The insurer is also aiming to increase its share of premium or participating policies to 15% in two years from about 9% presently, chairman Mangalam Ramasubramanian Kumar said.
The real argument against disinvestment is that any sale of a large firm is likely to fall into an oligarch’s lap. No one would want to make them more powerful than they already are.
Indian government is selling 221.4 million LIC shares between Rs 902 rupees and Rs 949 each, which would raise as much as 210 billion rupees ($2.7 billion) at the top end of the range.
When reading the book, one can see Roy’s mother as a 'fascist government' unto herself, the centre of her own cult. In Arundhati’s words, Mary Roy was ‘mother guru’.
ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.
China flaunted military might & modernisation as it displayed stealth drones, anti-satellite system & cyber warfare contingent during parade to mark victory over Japan in WWII.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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