NSE shares fall below IPO price on third trading day
Shares of National Stock Exchange of India Ltd. fell below their initial public offering price of Rs 1,785 on Monday, the third day of trading. The stock dropped as much as 1.8%…
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LIC MD Dinesh Pant takes voluntary retirement, moves to IRDAI
The government of India has approved the voluntary retirement of Dinesh Pant as Managing Director of Life Insurance Corporation of India, effective September 24, 2026. The development was announced by LIC in…
LIC leads NSE IPO bidding with Rs 4,500 crore bid
State-run Life Insurance Corporation of India was the largest bidder in the National Stock Exchange's Rs 22,562 crore IPO, placing bids worth Rs 4,500 crore, according to sources. ICICI Prudential Asset Management…
NSE’s Rs 2.3 lakh crore IPO sees strong institutional but weak retail demand
The National Stock Exchange's Rs 2.26 lakh crore IPO closed on September 21 with 5.71 times overall subscription, but retail investors covered only 1.3 times their portion. Institutional buyers bid 12.7 times…
NSE IPO subscribed 5.71 times, listing set for September 23
The National Stock Exchange of India's Rs 22,569-crore initial public offer was subscribed 5.71 times on Monday, the final day of bidding. Investors placed bids for 50.58 crore shares against 8.86 crore…
CBI books Reliance Capital, Anil Ambani in Rs 2,684-crore LIC fraud case
The CBI has registered an FIR against Reliance Capital Limited (RCAP), its former chairman Anil Ambani, former group managing director Satish Seth, and unidentified public servants over an alleged Rs 2,684.57-crore fraud…
CBI registers fresh ₹2,684.57 crore fraud case against Reliance Capital, Anil Ambani
The CBI has registered an FIR against Reliance Capital Limited, its former chairman Anil Ambani, and others for allegedly defrauding LIC of Rs 2,684.57 crore. The case stems from a written complaint…
NSE Rs 22,569-crore IPO fully subscribed on Day 2
The National Stock Exchange of India's Rs 22,569-crore initial public offering was fully subscribed on its second day of bidding on Friday, driven by strong demand from institutional and non-institutional investors. The…
NSE IPO subscribed 43% on Day 1, listing set for September 2026
NSE's Rs 22,562 crore IPO, the largest exchange listing in India, received 43% subscription on Day 1. The retail portion was subscribed 44%, employees' portion nearly fully, and non-institutional investors 72%. Qualified…
Chandrababu Naidu unveils ₹104 cr museum, insurance for Tirumala devotees
Andhra Pradesh Chief Minister N Chandrababu Naidu on Wednesday inaugurated a Pilgrim Experience Centre at Tirumala, reopened the SV Museum, and flagged off 32 electric buses for devotees. The TCS Trust developed…
