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LIC trims holding in 15 Sensex firms

Booking profit in the recent stock market uptrend, state-run insurance giant LIC offloaded shares worth over $1 billion in half of the 30 Sensex companies, including in RIL and ICICI Bank, in last......

Reliance top Indian firm in World's Best Employer list

Reliance Industries Ltd, the country's largest company by revenues, profits and market value, has topped Indian corporate in the World's Best Employers rankings 2021 published by Forbes. Reliance......

Amarchand Mangaldas to be legal advisor for LIC IPO

The government has shortlisted Cyril Amarchand Mangaldas for giving legal advice on upcoming mega IPO of India's largest insurance company LIC, an official said. Four law firms — Crawford......

10 merchant bankers to manage LIC IPO

The government has appointed 10 merchant bankers including Goldman Sachs (India) Securities, Citigroup Global Markets India, and Nomura Financial Advisory and Securities India to manage the mega......

Dept of Public Enterprises now part of FinMin

The government has merged the Department of Public Enterprises (DPE) with the finance ministry to give it a better control over state-owned firms and facilitate its ambitious privatisation......

Wipro, Tata Steel may dislodge ONGC from BSE Sensex

The 30-share bluechip index is rebalanced on a semi-annual basis with next rejig slated for June 18. Wipro or Tata Steel are likely to dislodge state-owned Oil and Natural Gas Corporation (ONGC)......
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