The issue is likely to hit market in the first quarter of 2022; 10 merchant bankers have already been shortlisted by government
LIC collected Rs 1.8 lakh crore in first-year premium from 2.1 crore fresh policies in FY21
From its privatisation programme in the current fiscal year, the government is planning to raise Rs 1.75 trillion
The concession in late fee will help those who could not pay premiums due to job loss during the Covid-19 pandemic
Of late, ace equity investor Rakesh Jhunjhunwala bought a 1.59% stake in Canara Bank.
The bank last month posted a nearly three-fold jump in its net profit at Rs 1,177 crore for the quarter ended June 30
Privatisation of Air India, BPCL, Shipping Corp of India, Pawan Hans, BEML and Neelachal Ispat Nigam Ltd would be completed this year, Pandey said
Garware Hi-Tech Films boast of a vertically integrated chips-to-films plant with multiple and adaptable manufacturing lines
The reason for the downward trend can be attributed to the contraction in business activity seen by the Life Insurance Corporation of India (LIC).
LIC news updates: According to the Irdai rules, the insurer is required to settle a claim within 30 days of receipt of all documents