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Mistry's tenure saw LIC cut stake in Tata firms

Insurer likely to support Ratan Tata; reduction in stake might have been profit booking. The State-owned insurer Life Corporation of India, a major investor in Tata group stocks, reduced its stake......

'Railways will petition regulator for fare changes'

'We have secured long-term funding of Rs 5 lakh crore (Rs 5 trillion) from Life Insurance Corporation from which we can draw at least Rs 30,000 crore (Rs 300 billion) annually.' 'We are trying to......

How do whole life insurance policies work?

Whole life insurance policies are unique schemes that offer lifelong cover by paying the premium only for a limited period. Investors can ensure that their insurance needs for whole lifeis covered,......

Child MF plans better than insurance products

Add a term plan with a child mutual fund for best results, say financial planners. Saving for children’s future is one of the main worries for any parent. With the cost of education rising......

How to stop exploiting life insurance users

It is the nature of insurance products, how they are sold and the government's lock on LIC for such patriotic duties as rescuing badly-planned share sales, notes Debashis Basu. On 24 August,......
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IIFL Asset Management picks up 2.59% in Reliance MF for $60 mn

IIFL Asset Management has acquired 2.59 per cent stake in the Anil Ambani-led Reliance Group's mutual fund arm for USD 60 million (about Rs 385... ...

http://www.business-standard.com/article/pti-stories/iifl-asset-management-picks-up-2-59-in-reliance-mf-for-60-mn-117081700631_1.html
Nikkei edges down as yen rebounds; Seibu Holdings shines

* Turnover falls below 2 trillion yen for 2nd day * Seibu Holdings up after Cerberus sells remaining stake infirm * Rise in industrial metal prices... ...

http://www.sify.com/finance/nikkei-edges-down-as-yen-rebounds-seibu-holdings-shines-news-equity-rirmtWihaibhd.html
Insurance cos lead primary market offering

Ravi Ranjan Prasad City: Mumbai Financial sector companies led by insurance companies, stock exchanges and small finance banks are likely to... ...

http://www.mydigitalfc.com/my-money/insurance-cos-lead-primary-market-offering
State-owned China Unicom to raise $ 12 billion from Alibaba, Tencent, others

HONG KONG: Telecoms group China Unicom is raising $11.7 billion from about a dozen investors including tech giants Alibaba Group and Tencent... ...

http://www.sify.com/finance/state-owned-china-unicom-to-raise--12-billion-from-alibaba-tencent-others-news-economy-riqrGUieibebh.html
Hits and misses in the M&A space

The failed deals could be the much-needed wake-up call for the M&A space. Illustration: Uttam Ghosh/Rediff.com It has not been a great year for... ...

http://www.rediff.com/money/report/hits-and-misses-in-the-ma-space/20170816.htm

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