LIC gets 3 more years to pare govt stake to 90%
The Morning Standard|May 16, 2024
Sebi allows govt higher shareholding; listed companies need to have 25% public float
LIC gets 3 more years to pare govt stake to 90%

THE national insurer, Life Insurance Corporation, Wednesday said it has received regulatory approval to continue to have higher promoter holding at 96.5% as against the mandated 75% for three more years, giving a big boost to the stock, which rallied 6.3% to close at ₹989.8.

In an exchange filing, the insurer said the revised timeline to achieve 10% public shareholding is on or before May 16, 2027. Which means the government has time to divest 6.5% more over the next three years to achieve the 10% minimum shareholding.

この記事は The Morning Standard の May 16, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は The Morning Standard の May 16, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

THE MORNING STANDARDのその他の記事すべて表示
Here's to a happy and delicious Diwali!
The Morning Standard

Here's to a happy and delicious Diwali!

Nutty aroma wafts into every room of the house from the kitchen. There is besan being roasted with some ghee, cardamom and a hint of sugar - you know that this mixture will be turned into little besan ladoos.

time-read
2 分  |
October 31, 2024
TRUMP OBSESSED WITH REVENGE. KAMALASAYS
The Morning Standard

TRUMP OBSESSED WITH REVENGE. KAMALASAYS

US Democratic presidential candidate Kamala Harris launched a fierce attack on Donald Trump, describing him as 'unstable' and 'obsessed with revenge' while urging Americans to reject his chaos and division.

time-read
1 min  |
October 31, 2024
Ajay Devgn to star in nephew's debut film Azaad
The Morning Standard

Ajay Devgn to star in nephew's debut film Azaad

JAY Devgn will next be seen in nephew Aaman Devgn's debut film Azaad.

time-read
1 min  |
October 31, 2024
A CHEF'S DIWALI
The Morning Standard

A CHEF'S DIWALI

On his recent visit to Delhi, celebrity chef Ranveer Brar revives the nostalgia of his childhood Diwalis. His new book, A Journey Through India, shows how far he has come in his journey as a storyteller of culture.

time-read
4 分  |
October 31, 2024
Manchester United target Amorim says 'nothing decided yet'
The Morning Standard

Manchester United target Amorim says 'nothing decided yet'

RUBEN Amorim has said that \"nothing is decided yet,\" after Manchester United made the Sporting Lisbon coach their top target to replace sacked manager Erik ten Hag.

time-read
1 min  |
October 31, 2024
Spinner Patel geared up for 'homecoming' at Wankhede
The Morning Standard

Spinner Patel geared up for 'homecoming' at Wankhede

AJAZ Patel doesn't remember what the Wankhede pitch in Mumbai looked like three years ago, but he remembers the feeling.

time-read
2 分  |
October 31, 2024
Medvedev loses to Popyrin in Paris
The Morning Standard

Medvedev loses to Popyrin in Paris

DANIIL Medvedev is still searching for his first ATP tournament victory this year after the World No 5 lost to Australia's Alexei Popyrin for the first time in his career at the Paris Masters on Wednesday.

time-read
1 min  |
October 31, 2024
Gill takes pay cut to keep Titans' core intact
The Morning Standard

Gill takes pay cut to keep Titans' core intact

GUJARAT Titans captain Shubman Gill has decided to take a pay cut and will be the second player retained by the IPL franchise ahead of the October 31 deadline.

time-read
1 min  |
October 31, 2024
Chennaiyin FC seek third away win
The Morning Standard

Chennaiyin FC seek third away win

CHENNAIYIN FC have had a mixed start in the current season of the Indian Super League.

time-read
2 分  |
October 31, 2024
BEGINNING OF THE END?
The Morning Standard

BEGINNING OF THE END?

With India having a long stretch of away tours starting with a five-match series Down Under, Ashwin & Jadeja might not play together in a home Test for almost a year

time-read
3 分  |
October 31, 2024