LIC fixes price band at Rs 902-949 a share for Rs 21,000 crore IP
The issue is likely to open for subscription on May 4 and is expected to close on May…
Govt expects LIC IPO to set the stage for wider reforms
The IPO of the country’s largest insurer is expected in the first week of May
Uncertainty over LIC listing delays IPOs of 3 more PSUs
This decision will have a cascading effect on the government’s listing plans for the other public sector enterprises
Govt to seek Rs.50,000 cr next month from LIC IPO: Report
The union government is seeking around Rs. 50,000 crore next month from the IPO of state-owned insurance giant…
LIC IPO: Govt files updated draft papers with Q3 financials
In February, the government filed the draft red herring prospectus (DRHP) with the regulator giving details of financial…
Ahead of IPO, LIC reveals Q3 results, profit rises to Rs.235 cr
First year premiums during the third quarter surged 10% year-on-year to Rs. 8,748 crore. It was Rs.7,957 crore…
FM Nirmala Sitharaman: LIC IPO on track despite volatility
Sitharaman has been holding post-budget discussions with industry, trade and financial market stakeholders.ht
The curious case of jump in LIC’s embedded value
Life Insurance Corporation of India’s (LIC) draft red herring prospectus (DRHP) has understandably garnered a lot of interest.
IPO-bound LIC chairman’s tenure extended by the Govt for a year
According to the sources, M R Kumar would remain chairman of LIC until March 2023 as a result…
New and unique initiative of Vadodara Division
Railway employees got the benefit of LIC's group insurance scheme