Life Insurance Corporation of India (LIC) hopes to decide on acquiring stake in a health insurance company by the end of March, its chief executive said on Tuesday. “I am very much hopeful that within this financial year, before 31st March, some decision can be taken,” Siddhartha Mohanty, the chief executive officer of India’s largest…
Bajaj Finserv Limited on Monday, March 17, announced that the company will buy out Allianz’s 26 per cent stake in Bajaj Allianz Life & Bajaj Allianz General Insurance to assume full ownership of the firm, according to an exchange filing. According to the filing data, Bajaj Finance will be acquiring 11,13,295 or 11.13 lakh equity…
Buy or sell stocks: Following weak global market sentiments after the US stock market crash, the Indian stock market ended lower on Thursday. The Nifty 50 index finished 73 points lower at 22,397, the BSE Sensex ended 200 points lower at 73,828, while the Bank Nifty index ended marginally higher at 48,060. Auto and IT…
India is structurally strong and cyclically slow, which led to a slowdown in corporate earnings from 8% to 10% from 15-20%. High interest rates, India’s general elections, and global political shifts contributed to the slowdown. The equity market trades at 19x, close to the Covid Feb 2020 lows of 18.3x. Also Read | Wall Street…
Dividend Stocks: Shares of major companies, including Castrol India, Angel One, Power Finance Corporation, Acceleratebs India, and IRFC are among others set to trade ex-dividend on Monday, March 17, 2025. According to the BSE data, some companies have announced other corporate actions, such as bonus issues and stock splits. Also Read | Buy or sell:…
Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps you informed on…
Stock Market news: The domestic benchmark indices, Nifty 50 and Sensex, were closed on Friday, March 14, in celebration of Holi. On Thursday, the stock markets finished on a low note, with Nifty 50 closing at 22,397.20, down 73.30 points or 0.33 percent. Similarly, the Sensex mirrored Nifty 50’s trend and ended at 73,828.91, dropping…
India’s mergers and acquisition (M&A), along with the private equity (PE) deals, hit a new monthly high of $7.2 billion in February 2025, reported the news agency PTI, citing a Dealtracker report of Grant Thornton Bharat on Saturday. This new high marked the largest deal volumes in the last three years. This rise in M&A…
IRFC share price: Shares of the Navratna company Indian Railway Finance Corporation (IRFC) Limited will be in focus on Monday. The company has declared a board meeting date of 17 March 2025 to consider and approve the proposal for a second interim dividend in the financial year 2024-25. IRFC dividend 2025 announcement The dividend stock…
Stocks to buy for the long term: The Indian stock market has remained a ‘sell on rise’ market for the last six months. After climbing to a new peak of 26,277 on 26 September 2024, the frontline index finished at 22,397 on Thursday last week, logging 3,880 points or 14.75% dip from the lifetime high….
