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About 29 results for "specified undertaking of the unit tru..."

Government has divested a part of its stake in ITC to Life Ins...

Government through Specified Undertaking of the Unit Trust of India (SUUTI) has divested 2% shares of the total shares of ITC to LIC through block trade on 7th March, 2017. Government has received an amount of Rs. 6,682 crore from this transaction. Government ... PIB, 4 weeks ago
SUUTI holdings straddle 51 firms The Financial Chronicle, 2 months ago

3 images for "specified undertaking of the unit trust of in"

Livemint.com, 2 months ago
First Post.com, 5 months ago
UPI, 3 months ago

Move to invest in equities over beyond limit an exception: LIC

Earlier this month, the government divested 2 percent of its stake held in ITC held through the Specified Undertaking of the Unit Trust of India (SUUTI). LIC bought this 2 percent taking its overall shareholding to 16.32 percent.
 Money Control1 month ago

Govt mulls selling more Suuti holdings in Axis, ITC and L&T

Government may sell another tranche of stakes it holds in Axis Bank, ITC and Larsen & Toubro through the Specified Undertaking of the Unit Trust of India, or Suuti, over a week as it looks to reach closer to the revised disinvestment target. The government, ...
 The Financial Chronicle1 month ago Govt sells 2% SUUTI stake in ITC; FY17 divestment goal in sight  Money Control2 months ago
The Financial Chronicle

Govt sells 2% in ITC held through SUUTI, raises Rs 6,700 cr

The government today raised Rs 6,700 crore through sale of 2 per cent stake in tobacco-to-FMCG firm ITC, held through Specified Undertaking of the Unit Trust of India (SUUTI).
 DNA2 months ago Govt ensures Rs 8,700 crore in selloff kitty in a day  The Financial Chronicle2 months ago Govt gets wise to market, sells 2% stake in ITC for Rs 6,700 crore  The Financial Chronicle2 months ago
Money Control

LIC may not trim stake in legacy investments below 15% as no word has come from IRDAI

The regulator allows insurers to hold only up to 15 percent stake in one company. Earlier this year, the government divested 2 percent of its stake held in ITC held through the Specified Undertaking of the Unit Trust of India (SUUTI). LIC bought this 2 ...
 Money Control1 day ago

PSU insurers make big gains

State-owned insurance firms, including behemoth LIC, have made huge gains of thousands of crores of rupees with significant investments in cigarette maker ITC even as private insurers and mutual funds have turned ‘responsible’ by drastically cutting their ...
 The Financial Chronicle6 days ago PSU insurers gain big from ITC; pvt players turn 'responsible'  Business Standard6 days ago

Kotak board gives nod for sale of 6.2 cr equity shares

Kotak Mahindra Bank on Thursday said its board of directors has approved sale of 6.2 crore equity shares worth approximately Rs 5,320 crore at current prices to fund potential acquisitions, among other things. Speculation is intense in the market that Kotak ...
 The Financial Chronicle3 weeks ago

Sensex Finishes Marginally Negative; Bharti Airtel Rallies 3.5%

Posted by Equitymaster Indian share markets continued to trade range bound in the afternoon session amid mixed global indices. At the closing bell, the BSE Sensex closed lower by 70 points, whereas the NSE Nifty finished lower by 17 points. The S&P BSE Midcap ...
 Equitymaster.com1 month ago Markets Continue to Remain Weak; ITC Gains on Block Deal  Equitymaster.com2 months ago
Sify

Axis stock spikes 5% on Kotak merger reports

Axis Bank scrip spiked nearly 5 per cent amid media reports that several banks have approached the government informally, expressing an interest in picking a stake in the private lender. Among those who have expressed interest include the HDFC Bank, HDFC Ltd, ...
 The Financial Chronicle1 month ago Kotak Bank, Axis Bank deny merger news; Stocks pare early gains  Sify2 months ago

Comprehensive Analysis of the Income Tax Proposals of the Finance Act, 2017

When the NDA Government took power in 2014, it immediately raised hopes of a more business friendly government. Hopes of tax cuts, less governance, simplification of tax structures, unleashing the animal spirits in business. Mr. Jaitley always spoke of ...
 Trak.in2 months ago
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