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NEW DELHI: The government is considering selling at least 51% of state-backed IDBI Bank Ltd, according to people with knowledge of the matter. Officials in the government and the state-backed Life Insurance Corp of India, which together…

has made a renewed attempt to sell its holding of Rs 3,400 crore of secured bonds issued by Reliance Capital, the finance company currently undergoing insolvency proceedings, said two people aware of the development. Capital Markets,…

MUMBAI: LIC Mutual Fund, having missed the growth bus in the past three decades of operations, is on a catch-up bid and has set a target of crossing the Rs 1-lakh-crore AUM (Assets under Management) mark in the next five years. The past…

Insurance behemoth witnessed a decline of nearly 20 per cent in death claims in the first quarter of this fiscal with the COVID impact seen to be ebbing, though the amount is still higher than pre-2020 levels, officials said. In the…

Five of the top-10 valued firms together lost Rs 30,737.51 crore in market valuation last week, with Limited taking the biggest hit. In the holiday-shortened week, the Sensex advanced 183.37 points or 0.30 per cent. While Reliance…

Mumbai: The two-month-old market rally, driven majorly by foreign fund buying since early July, on Thursday took BSE's market capitalisation to an all-time high figure of nearly Rs 283.5 lakh crore. The previous high of Rs 283.2 lakh…

The judicial custody of West Bengal's former education minister Partha Chatterjee and his aide Arpita Mukherjeee has been extended till August 31 in connection with the WBSSC scam. The Enforcement Directorate (ED) on Thursday submitted…

Nifty futures on the Singapore Exchange traded 19 points, or 0.11 per cent lower at 17,949, signaling that Dalal Street was headed for a negative start on Thursday. Here are a dozen stocks which may buzz the most in today's trade: ONGC:…

The Centre is learnt to have reached out to global buyout funds and financial institutions, such as the Carlyle Group, TPG Capital and Prem Watsa-controlled Fairfax Holdings, to gauge investor interest in buying majority stakes held…

The inclusion of new products in the calculation of value of new business (VNB) for the Life Insurance Corp of India () future earnings for the company by upto 350 basis points and expand margins for the life insurance giant, Macquarie…