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In 2012, BLPL (Bright Lifecare Private Limited) started a digital health platform called HealthkartPlus. [6] In 2015, Healthkart Plus separated from BLPL to form 1MG Technologies Private Limited. [7] Healthkart continued as a platform for fitness and health products; 1mg was a generic drug search business. [8]
There are also certain risks which can be associated with putting a shareholders' agreement in place in some countries. In some countries, using a shareholders' agreement can constitute a partnership, which can have unintended tax consequences, or result in liability attaching to shareholders in the event of a bankruptcy.
Life Insurance Corporation of India is the largest non-promoter shareholder in the company with 10.03% shareholding. [ 28 ] In August 2017, the GOI divested further its 5% stake in NTPC through OFS (Stock Exchange Mechanism) and reduced the holding of GOI in NTPC to 5,76,83,41,760 shares i.e. 64.96% out of total 8,24,54,64,400 shares.
The Life Insurance Corporation of India (LIC) is an Indian multinational public sector life insurance company headquartered in Mumbai.It is India's largest insurance company as well as the largest institutional investor with total assets under management worth ₹ 52.52 trillion (US$610 billion) as of March 2024. [4]
This government-led industrial policy, with corresponding restrictions on private enterprise, was the dominant pattern of Indian economic development until the 1991 Indian economic crisis. [15] After the crisis, the government began divesting its ownership of several PSUs to raise capital and privatize companies facing poor financial ...
Tracking stock, also known as letter stock and targeted stock, [1] is a specialized equity offering issued by a company that is based on the operations of a defined business within the larger organization (such as, for instance, a wholly owned subsidiary of a diversified firm).
HLL Lifecare Limited (formerly Hindustan Latex Limited) (HLL) is an Indian healthcare product manufacturing company based in Thiruvananthapuram, Kerala, India. [1] It is a Government of India -owned corporation ( public-sector undertaking ).
HLL was established in 1966 with the objective of producing condoms for the National Family Planning Program. Moods Condoms came into existence in mid-1968, when HLL Lifecare Limited decided to develop a product to target the premium and upper middle class segment of the urban population in India. HLL is one of the world's largest manufacturers ...
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