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  LIC IPO: Govt to sell 31 crore equity shares in one of India's largest sales

  February 13, 2022 23:57 IST

  LIC's listing is crucial for the government to meet the lowered revenue estimates of Rs 78,000 crore for the current financial year. The government had an initial target of Rs 1.75 lakh crore from the disinvestment proceeds.

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  Individual settles case of alleged fraudulent trading with Sebi by paying over Rs 2.3 cr

  Business | November 14, 2019 17:17 IST

  It was alleged that a group of financiers provided finance to key operators towards making multiple applications in the IPOs and cornered a large number of shares reserved for retail individual investors (RIIs) and following the receipt of IPO allotment, the shares were transferred by the allottees to the key operators through an off-market transaction

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  NSEL defaults for 17th time; pays Rs 9 crore against Rs 174.72 crore

  December 10, 2013 23:08 IST

  New Delhi: Crisis-ridden bourse NSEL today paid about Rs 9 crore against the scheduled payment amount of Rs 174.72 crore, defaulting for the 17th straight time. With today's pay-out, NSEL has so far settled about