SEBI confirms involvement of LIC employee in front-running of a big client's tradesMoneycontrol • about 1 month ago
The regulator has impounded illegal gain of over Rs 2.44 crore. The noticees have also been restrained from accessing the securities market until further orders
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The hike has an estimated annual implication of around Rs 4,000 crore, taking the total wage bill per year to around Rs 29,000 crore per annum.
This announcement benefits over 110,000 employees across the organization, LIC stated.
According to reports, IRDAI is likely to consider rationalisation of proposed surrender value in its March board meeting
The product is targeted at parents who wish to create a long-term corpus to meet the higher education needs of their children.
LIC had received refund orders for Assessment Years 2012- 13, 2013-14, 2014-15, 2016-17, 2017-18, 2018-19 and 2019-20. The total amount of refund was Rs 25,464.46 crore.
The value investor, who has been rallying behind PSU stocks for quite some time, believes there are some pockets that are overvalued and the correction is actually a good sign
After the sustained run in these stocks, analysts have been cautioning investors. While a section of the market continues to believe the re-rating in state-owned companies as a whole was very much warranted, some have turned skeptical.
Steel Authority of India has seen nice consolidation breakout and formed strong bullish candlestick pattern on the daily timeframe with healthy volumes.
The insurance behemoth claimed that there was no material impact on financials, operations or other activities of the corporation due to the abovementioned orders.