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The draft prospectus is likely to be submitted to SEBI in the next few days, said the sources, who were not authorised to speak to media and declined to be identified.

Mortgage lender LIC Housing Finance on Thursday reported a 6 per cent increase in profit after tax at Rs 767.33 crore for the quarter ended December 2021, aided by higher collections and drop in provisions.

“As the market has so many companies, we can buy so many other businesses at prices we like and we do not need to rush into it. It is not that the bus is going to get missed and a new bus is never going to come. It will always come."

LIC Housing Finance Ltd., incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 21166.42 Crore) operating in NBFC sector.

A total of 509,732 shares changed hands on the counter till 11:52AM (IST)

Rakesh Jhunjhunwala held 29,097,400 shares or 1.6 per cent stake in Canara Bank. His investment is worth over Rs 700 crore.

The stock quoted a 52-week high price of Rs 98575.9 and low of Rs 68719.9.

Bharti Airtel was trading almost flat at Rs 706.80 even as the operator said Google would invest up to $1 billion in a partnership as part of its Google for India Digitization Fund.

The acquisition reaffirms TVS’s commitment to expanding operations in Europe through a portfolio of premium and technology leading brands, it said in a statement.

Net profit rose to Rs 156 crore in the quarter ended December 2021 from Rs 147 crore a year earlier, mainly due to an 11 per cent growth in NII to Rs 1,010 crore from Rs 908 crore a year earlier.