LIC assets at $463 bn exceeds the GDP of several economies

New Delhi (IANS) LIC assets at $463 billion exceeds the GDP of several economies, and it is ranked 5th globally in terms of life insurance GWP and 10th globally in terms of total assets.

Its assets are 1.1 times more than the entire Indian…

Equities trade positive in first trading session of 2022

New Delhi (IANS) The 30-scrip Sensitive Index (Sensex) and broader 50-scrip Nifty at the National Stock Exchange (NSE) traded in the green in early trade on Monday -- the first trading session in 2022.

At 9.30 a.m., Sensex traded at 58,589…

Sensex settles 929 points up on first session of 2022

New Delhi (IANS) The Indian equity indices -- S&P BSE Sensex and NSE Nifty50 -- continued their gaining streak from 2021 and settled high on Monday, the first trading session of 2022.

The Sensex and Nifty settled at 59,183 points and 17,625…

Tata Motors' December sales up 24% YoY

New Delhi (IANS) Automobile manufacturer Tata Motors on Saturday reported a rise of 24 per cent in its domestic sales in December 2021 on a year-on-year basis.

The domestic sales rose to 66,307 units during the month under review from 53,430…

Tata Motors' PV sales overtake Hyundai in December

New Delhi (IANS) Automobile manufacturer Tata Motors' passenger vehicles vertical sold more units than Hyundai Motor India in December.

Besides, PVs, Tata Motors has a major presence in the commercial vehicle segment.

Tata Motors'…

Equities rise in early trade; General Insurance top gainer

New Delhi (IANS) The 30-scrip Sensitive Index (Sensex) and broader 50-scrip Nifty at the National Stock Exchange (NSE) traded in the green in early trade on Friday.

At 9.30 a.m., Sensex traded at 58,171 points, up 0.7 per cent from its previous…

Equities settle on positive note; Sensex, Nifty rise over 20% in 2021

New Delhi (IANS) The Indian equity indices -- S&P BSE Sensex and NSE Nifty50 -- settled higher on Friday, the last trading session of 2021.

The Sensex and Nifty settled at 58,253 points and 17,354 points, respectively, up 0.8 per cent and 0.9…

FIIs inflows to gain traction on economic recovery; tapering a roadblock (Stock Outlook 2022)

Mumbai (IANS) After a massive pull-back of funds from equities, FIIs' inflows are expected to gather strength in 2022 on the back of faster economic recovery in India, analysts opined.

Lately, US Fed's tapering measures, high valuations…

Sitharaman meets state Finance Ministers ahead of GST Council meeting

New Delhi (IANS) Union Finance Minister Nirmala Sitharaman on Thursday met her counterparts from all states and Union Teritories as part of the pre-Budget consultations.

Many of the participants gave suggestions for inclusion in the upcoming…

New SEBI norms may impact capital raising plans of some unicorns

New Delhi (IANS) Inability to raise money for future unidentifiable acquisitions would impact capital raising plans of some unicorns, experts said after SEBI announced new IPO norms.

Yash Ashar, Partner and Head, Capital Markets, Cyril Amarchand…