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.
Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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