by AIP Online Bureau | May 27, 2026 | Indian News, Life, Policy, Regulation
The government plans to sell a stake of about 2% in the state-run insurer in late June or early July to institutional investors.The Department of Investment and Public Asset Management, under India’s Finance Ministry, is working with Goldman Sachs Group Inc., Motilal...
by AIP Online Bureau | Mar 13, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Policy
Currently, the government and state-owned LIC together hold a 94.71 per cent stake in IDBI Bank. The government owns 45.48 per cent, and LIC holds 49.24 per cent in the lender. Of this, the government and LIC are looking to sell 60.72 per cent in IDBI Bank.The...
by AIP Online Bureau | Apr 19, 2024 | Eco/Invest/Demography, Indian News, Life, Reinsurance
“The government has received good feedback in investor roadshows for GIC, and is open to sell its 10 per cent stake in tranches depending on its shares’ value,” the official said. The sale of 10 per cent stake in GIC would be done over a period of time, the...
by AIP Online Bureau | Jan 20, 2024 | Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy
One, the US bond yield started rising with the 10-year yield rising from the recent level of 3.9 per cent to 4.15 per cent triggering capital outflows from emerging markets. It is important to understand that FPIs were big sellers in other emerging markets too like...
