Indian govt approves LIC OFS: Sources

The government has approved an Offer for Sale (OFS) in Life Insurance Corporation of India (LIC), according to sources.

The government has approved an Offer for Sale (OFS) in Life Insurance Corporation of India (LIC), according to sources.

Bharti Airtel has incorporated a new step-down wholly-owned subsidiary, Airtel Money Limited. The company also deepened its partnership with Ericsson to enhance Fixed Wireless Access (FWA) services in India.

Fook Hien Yap, Senior Investment Strategist at Standard Chartered Bank said the first half of the year has been dominated by trade war tensions, but investors should look beyond the noise.

Amit Jain of Ashika Global Family Office Services attributes the strong reversal of inflows in the IT sector, despite seeing aggressive selling of ₹31,766 crore earlier this year, to the limited impact of tariffs on services, amid positive bilateral dialogue…

The floor price for the block deal has been set at ₹382 per unit, representing a 4% discount to the current market price, sources close to the development said. Shares of Embassy Office Parks REIT ended at ₹399.00, up by…

The company’s Debenture Issue and Allotment Committee cleared the issuance of 12,500 rated, listed, senior, secured, redeemable, and taxable NCDs, each with a face value of ₹1,00,000. Shares of Muthoot Capital Services Ltd ended at ₹338.00, up by ₹8.05, or…

SEBI has proposed allowing credit rating agencies to rate financial products regulated by bodies like RBI or IRDAI, provided they comply with respective norms and maintain structural separation within their operations.

The market appears to be in a wait-and-watch mode, seeking clarity from the US trade tariff developments and the start of the corporate earnings season, particularly from heavyweight names like TCS.

Under the renewed pact, effective from July 1, 2025, GAIL will source up to 900,000 Standard Cubic Meters per Day (SCMD) of natural gas from OIL. Shares of GAIL (India) Ltd closed at ₹185.05, down ₹7.60 or 3.94%, while shares…

FTA momentum and tariff cuts could lift India’s textile competitiveness: Elara Capital