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Govt mulls permitting foreign investment in LIC

The government is mulling allowing foreign direct investment (FDI) in the country's largest insurer LIC, a move which would help overseas investors take part in the company's proposed mega IPO,......

Rise of Cars24, India's latest unicorn

Co-founders of India’s latest unicorn expected Covid-19 to be a speed breaker; instead it accelerated sales. Cars24 now enjoys more than 90 per cent market share among all other similar......

What govt can do with Rs 176,000 cr transfer from RBI

The windfall from RBI may be used to trim borrowing, help fund Rs 3.3 lakh crore capex plan, capitalise banks and provide fiscal stimulus to some stressed sectors, experts and economists......

Lehman@10: How the crisis unfolded

The US market regulator Securities and Exchange Commission was doing what it could to stem the flow. It temporarily prohibited naked short-selling in the securities of major financial players......

Falling rupee puts spotlight on govt in election year

Brokerage firm CLSA says in its interactions with government officials, measures such as the dollar-deposit scheme were under consideration. Orchestrated demands to strengthen the rupee are being......

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Bofa Merrill Lynch

News for Bofa Merrill Lynch

Govt mulls permitting foreign investment in LIC

Rise of Cars24, India's latest unicorn

What govt can do with Rs 176,000 cr transfer from RBI

Lehman@10: How the crisis unfolded

Falling rupee puts spotlight on govt in election year

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