Some funds could reallocate from other EMs to China, posing fresh headwinds for India, which commands a steep valuation premium compared with other EMs
The Modi government has earned twice as much from disinvestment as all previous governments combined have since 1991
India's Minister of State for New and Renewable Energy Bhagwanth Khuba launched a "Ghar Ke Upar Solar Is Super" - another of those catchily-named schemes that characterise the Narendra Modi government
Those investors who had put their money in LIC IPO had experienced a heavy depreciation in their portfolio, as the shares of the insurance major have been tumbling ever since its exchange listing
Since listing, LIC has lost Rs 56,000 crore of market-cap from Rs 5.54 trillion to Rs 4.98 trillion
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From the govt's announcement of plans to divest its stake in LIC, to its debut on the exchanges, to touching a new low, here is a snapshot of this journey so far
Emkay Global Financial Services, a leading domestic brokerage has initiated coverage on the stock with a 'hold' rating with a target price of Rs 875
Stocks to Watch Today: AU Small Finance Bank will be in focus as the company has set June 10 as the record date for the proposed 1:1 bonus issue.
The LIC management clarified on Tuesday that profit should be looked at from the full-year perspective
LIC Q4 review: Post Tuesday's share price decline, the insurer has slipped one position to India's seventh most valuable firm after ICICI Bank
The Embedded Value (EV) is a measure of the consolidated value of shareholders' interest in the life insurance business.
Stocks to Watch: Investors will react to LIC and Delhivery's Q4 numbers. The domestic GDP data for March quarter, slated to be released later today, will also be keenly monitored.
In FY22, LIC reported a net profit of Rs 4,043.12 crore from Rs 2,900.56 crore in FY21, up 39.4 per cent on a year-on-year (YoY) basis
LIC's net premium income rose 18% to Rs 1.44 trillion in Q4FY22
The meeting will also consider payment of dividend, if any, LIC said
Sharing embedded value expected to instill confidence in the markets about the insurer's transparency
The District Commission ordered LIC to pay and settle the claim under all the 13 policies
Here is the best of Business Standard's opinion pieces for Wednesday.
The insurance behemoth's shares hit an intra-day low of Rs 860 and a high of Rs 920, not coming closer to the issue price but providing small investors an opportunity to exit with nominal gains.