Intentar ORO - Gratis
Govt May Divest Stake in LIC via OFS This Fiscal
The New Indian Express Kottayam
|April 08, 2025
The government may divest further stake in the state-owned life insurer LIC in the current financial year, sources in Department of Investment and Public Debt Management (DIPAM) has informed the media on Monday.
The divestment will be through offer of sale (OFS), a method for promoters of the company to sell their shares to the public.
The government currently holds 96.5% in Life Insurance Corporation (LIC). In 2022, the government divested 3.5% in the state-owned life insurer and raised Rs 21,000 crore.
A DIPAM official has said that all policyholders will be given the option to buy LIC shares in the next round of disinvestment as well.
Esta historia es de la edición April 08, 2025 de The New Indian Express Kottayam.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE The New Indian Express Kottayam
The New Indian Express Kottayam
Tata Motors profit falls 31% to ₹5,878 crore
TATA Motors Passenger Vehicles on Thursday reported a 31.29% decline in consolidated net profit to ₹5,878 crore in Q4 FY26, dragged down by reduced volumes and the lower profitability of Jaguar Land Rover.
1 min
May 15, 2026
The New Indian Express Kottayam
Sindhu, Lakshya enter Thailand Open quarters
INDIAN shuttlers PV Sindhu and Lakshya Sen advanced to the quarterfinals of the Thailand Open Super 500 tournament with straight-game wins in their respective matches here.
1 min
May 15, 2026
The New Indian Express Kottayam
Sunil Bharti Mittal plans nextgen transition in 10 yrs
SUNIL Bharti Mittal, chairman of Bharti Enterprises, on Thursday announced plans to hand over the reins of Bharti Airtel to his children over the next decade.
1 mins
May 15, 2026
The New Indian Express Kottayam
BMW sees limited capacity expansion in India after EU FTA, says CEO Brar
LUXURY carmaker BMW Group does not see the free trade agreement (FTA) between India and the European Union leading to any immediate expansion in its manufacturing footprint in the country, though it expects the pact to widen access to imported premium and performance cars once the agreement is implemented.
1 min
May 15, 2026
The New Indian Express Kottayam
Air India losses widen to $2.8 billion in FY26
Airline incurs highest-ever losses since Tata takeover in 2022
1 mins
May 15, 2026
The New Indian Express Kottayam
After election drubbing, Didi dons lawyer's robe to flag post-poll violence
TEN days after suffering a disastrous defeat in the recently held assembly elections in West Bengal, the former Chief Minister (CM) and Trinamool Congress supremo Mamata Banerjee, on Thursday for the first time, came out of her Kalighat residence and went to the Calcutta High Court.
1 min
May 15, 2026
The New Indian Express Kottayam
WHIMPER ON CAMPUS, ROARS ONLINE
WALK into any college campus and you will find students with strong opinions. They can reference trending debates, quote viral lines and take positions with remarkable confidence. On the surface, this looks like a politically awakened generation. But if you look closer, the picture may be less reassuring.
3 mins
May 15, 2026
The New Indian Express Kottayam
'Investors are backing fewer startups with bigger cheques'
INDIA’S startup funding market is stabilising, but investors are becoming far more selective, with investors increasingly favouring repeat founders, larger deals and startups with stronger financial discipline, according to Tracxn co-founder and CEO Neha Singh.
1 min
May 15, 2026
The New Indian Express Kottayam
Govt caps duty-free gold imports at 100 kg
A day after increasing customs duty on gold and silver, the government on Thursday took further steps to curb gold imports.
1 min
May 15, 2026
The New Indian Express Kottayam
BJP man ‘cracked’ NEET last yr too
THE probe into the NEET paper leak has now expanded beyond the current examination cycle. Fresh revelations confirmed that three members of the family of key accused and BJP worker Dinesh Binwal had secured medical admissions last year too.
1 min
May 15, 2026
Listen
Translate
Change font size