stock exchange

LIC sees 59% soar in worth of investments in Adani shares

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LIC, the State-owned insurance coverage behemoth, has seen a 59 per cent rise in worth of its investments in Adani Group firms in 2023-24 fiscal yr after the conglomerate made a wise restoration since being hammered by a damning quick vendor report. The worth of LIC’s funding in seven Adani group firms has soared from … Read more

Canara Financial institution to dilute 13% stake in MF subsidiary by way of IPO

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Canara Financial institution’s board has accorded approval for initiating the method of diluting part of its stake by itemizing its subsidiary, Canara Robeco Asset Administration Firm Ltd (CRAMC), on the inventory change by means of an preliminary public providing (IPO). CRAMC is Canara Financial institution’s three way partnership with Orix Company, Japan, with the financial … Read more