Category : Search result: LIC stake increase


RBI okays HDFC Bank's 9.5% stake in IndusInd Bank

RBI grants HDFC Bank approval to acquire up to 9.5% in IndusInd Bank. The move is for portfolio investments, not strategic control. Read the full details and market implications here.

BAT Sells 7% ITC Hotels Stake Worth Rs 3,000 Crore

British American Tobacco plans to sell a 7% stake in ITC Hotels this Friday, valued at Rs 3,000 crore, as part of its strategy to exit non-core holdings. Read the full details of the deal.

Tata Communications Buys Majority Stake in Commotion Inc

Tata Communications has acquired a majority stake in US-based Commotion Inc to accelerate AI-led transformation across its global digital infrastructure. This strategic move aims to enhance network automation and customer experience.

LIC's Voting Pattern: Insurer or State Tool?

Mint's investigation reveals LIC's inconsistent voting, raising questions about its dual role as a public insurer and a strategic state investor. Explore the implications for millions of policyholders.

Sebi Clears Rs 10,000 cr ICICI Prudential AMC IPO

Market regulator Sebi has approved the Rs 10,000 crore IPO of ICICI Prudential AMC, India's second-largest mutual fund. The offer-for-sale by UK's Prudential is set for December 2025. Read more.

Sitharaman: No Govt Advisory to LIC on Investments

FM Nirmala Sitharaman told Parliament LIC's investment decisions, including its ₹48,284 crore exposure to Adani Group, are independent. She denied any ministry advisory, citing strict due diligence.

Paytm Stock Surges 3.4%, Hits 3-Year High

Paytm parent One 97 Communications' stock surged 3.4% to ₹1,365, its highest since December 2021. Goldman Sachs' bullish upgrade and mutual funds' increased stake fuel the rally. Discover the full analysis.

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