IIFCL Confirms Preparations for Up to 25% Govt Stake Dilution
IIFCL's Deputy Managing Director confirms plans to dilute up to 25% government stake, aiming for enhanced valuation and operational flexibility. Read the full details here.
Category : Search result: LIC stake increase
Mobile Recharge to Cost 15% More from June 2026
Mobile users in India will see a 15% increase in recharge prices starting June 2026 due to new TRAI regulations. Learn how this impacts your telecom bills.
LIC MF Plans Comeback Using Vast Agent Network
After 36 years as a modest player, LIC Mutual Fund targets ₹1 trillion AUM by tapping its parent's 1.48 million agents. Experts warn persistent underperformance of key equity schemes remains a major hurdle.
Dehradun's Historic Mansaram Building Demolished After HC Order
Dehradun's first multi-storey commercial building, the historic Mansaram building, is being demolished following a high court order. Residents mourn the loss of a key Art Deco landmark that shaped the city's skyline since 1940.
LIC's Special Drive to Revive Lapsed Policies Until March 2026
LIC announces a special campaign offering up to 30% late fee concession for reviving lapsed non-linked policies. Act before March 2, 2026, to restore your insurance cover affordably.
LIC's ITC Investment Erodes Rs 10,445 Crore After Tax Hike
LIC's stake in ITC plunges after a massive excise duty increase on cigarettes. Brokers downgrade stock, warning of price hikes and limited upside. Full analysis inside.
LIC Officers Move Calcutta HC Over Election Duty vs. Targets
LIC development officers approach Calcutta High Court, stating 60-day election duty as EROs hampers their ability to meet crucial March 31 premium targets, risking job termination. Read the full details.
ITC shares plunge 14% on steep tobacco tax hike
ITC shares hit a 3-year low after a steep excise duty hike on tobacco, eroding ₹72,300 crore in shareholder wealth. LIC faces a massive ₹11,460 crore loss. Key brokerages downgrade the stock.
LIC Housing Finance slashes home loan interest rates
LIC Housing Finance reduces home loan rates, starting at 7.15% for high CIBIL scores. New rates reward creditworthy borrowers and make home financing more affordable. Details inside.
Stella McCartney's Financial Troubles Deepen in 2024
Stella McCartney's fashion label faces a cash crisis as revenue falls 27% to £16 million. Can the ethical luxury brand survive without new funding? Read the full analysis.
MUFG buys 20% in Shriram Finance for $4.4 billion
Japan's MUFG acquires a 20% stake in Shriram Finance for Rs 39,618 crore, marking the largest FDI in India's financial services sector. This strategic partnership aims to boost capital and global expertise.
Shalini Bhupal buys IHCL's Taj GVK stake for Rs 592 crore
GVK Group chairman's daughter Shalini Bhupal becomes Taj GVK's largest shareholder in a Rs 592 crore deal, marking IHCL's exit. Discover the strategic shift and expansion plans.
MUFG Bank's Rs 39,618 Crore FDI in Shriram Finance
Japan's largest bank, MUFG, makes a historic Rs 39,618 crore investment for a 20% stake in Shriram Finance, marking the largest FDI in India's financial services sector. Read details.
Sony buys majority stake in Peanuts for $457 million
Sony Group finalises a $457 million deal to own 80% of the iconic Peanuts franchise. Discover how this acquisition will shape the future of Charlie Brown and Snoopy globally.
Piramal Finance Exits Shriram Life Insurance in Rs 600 Cr Deal
Piramal Finance sells its entire 14.72% stake in Shriram Life Insurance to South Africa's Sanlam Group for Rs 600 crore. Read about the strategic exit and its impact.
Piramal Finance sells Shriram Life stake for ₹600 crore
Piramal Finance divests its entire 14.72% holding in Shriram Life Insurance to Sanlam for ₹600 crore. Details on the strategic exit and market impact inside.
MUFG invests ₹39,618 crore for 20% stake in Shriram Finance
Japan's Mitsubishi UFJ Financial Group (MUFG) will invest ₹39,618 crore for a 20% stake in Shriram Finance, marking a major cross-border deal. Discover the strategic implications for India's NBFC sector and the growing Japan-India investment corridor.
Madurai LIC fire kills woman officer, injures man
A devastating fire at the LIC building in Madurai claimed the life of senior manager A Kalyani Nambi and left another officer with severe burns. Read the full details of the tragic incident and the ongoing investigation.
Shriram Finance Dec 22 Presser on MUFG Stake Deal
Shriram Finance calls press conference on 22 December amid reports of Japan's MUFG acquiring a 20% stake for up to $5 billion. Get the latest strategic updates.
Ola Electric Hits 52-Week Low After Promoter Stake Sale
Ola Electric share price fell nearly 4% to a fresh 52-week low after promoter Bhavish Aggarwal sold shares worth over Rs 230 crore. Read the full analysis of the market impact.
Ola Electric Shares Hit Fresh Low, Down 59% from IPO Price
Ola Electric shares plummeted 4% to a record low after founder Bhavish Aggarwal sold a stake. The stock is now down 59% from its IPO price, raising investor concerns.
Madurai LIC Building Fire: Deaths and Injuries Reported
A major fire broke out at the LIC building in Madurai on December 17, 2025, resulting in fatalities and injuries. Rescue operations are underway. Get the latest updates.
Fire at LIC Office in Madurai, Fire Tender & Ambulance Rushed
A fire broke out at the LIC office in Madurai's Periyar area on December 17, 2025. Fire tenders and an ambulance were dispatched to the spot. Read for live updates.
Japan's MUFG invests $5bn for 20% stake in Shriram Finance
Japan's Mitsubishi UFJ Financial Group plans a massive $4.5-5 billion investment for a 20% stake in Shriram Finance, marking a major foreign bet on India's NBFC sector. Details inside.
IOB OFS: Govt Sells Stake at ₹34/Share, Stock Dips
Indian Overseas Bank OFS opens at ₹34/share, a 7% discount. Analysts advise long-term investors to consider, but caution short-term traders. Key details inside.
Insurance Stocks Jump After Lok Sabha Nod to Amendment Bill
LIC, Niva Bupa, and ICICI Lombard shares rallied after the Lok Sabha passed the Insurance Laws (Amendment) Bill, 2024, boosting investor sentiment for the sector's growth.
RBI Nod for HDFC Bank's 9.5% Stake in IndusInd Bank
RBI approves HDFC Bank to acquire up to 9.5% stake in IndusInd Bank. The investment will be made by group companies, not the bank directly. Read the full details.
RBI Okays HDFC Bank's 9.5% Stake in IndusInd Bank
The Reserve Bank of India has permitted HDFC Bank to acquire up to 9.5% stake in IndusInd Bank. The investment will be made by group companies, not HDFC Bank directly. Read the full details here.
Asmongold Ends Twitch Gambling Debate: 'It's Over'
Streamer Asmongold criticizes Twitch for allowing gambling ads, exposing platform hypocrisy. He says creators profiting from ads are complicit. Read the full story.
Ola Electric's Bhavish Aggarwal Sells Stake Portion
Ola Electric founder Bhavish Aggarwal sells part of his stake to release promoter-level share pledges. Details on the strategic financial move and its implications for the EV giant.
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