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Lic Mutual Fund Asset Management

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IPO hard sell: LIC boasts of Rs 37-trillion AUM before overseas investors

Ahead of its initial public offering (IPO), Life Insurance Corporation of India’s (LIC’s) top management is impressing upon potential global investors the scale and size of the......

RBI's retail direct scheme could be a game changer

Prime Minister Narendra Modi will on Friday launch two schemes of the Reserve Bank of India (RBI) that may go a long way in changing how the household sector invests, and complains if anything goes......

'Markets are looking towards FY23 earnings'

'We remain positive on technology, private sector financials, gas, infrastructure, and export-oriented plays.' Illustration: Dominic Xavier/Rediff.com Yogesh Patil, head of equity at LIC Mutual......

Niti's next divestment list will be ready in few weeks: Rajiv Kumar

Niti Aayog will prepare the next list of central public sector companies for divestment in the next few weeks, its vice chairman Rajiv Kumar said on Thursday and expressed hope that the proposed......

RBI rejects Muthoot Finance's plan to buy IDBI AMC

IDBI Bank had to sell its MF arm after being acquired by state-owned insurance behemoth Life Insurance Corporation since LIC already had an AMC. The Reserve Bank of India (RBI) has rejected......

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