LIC Board approved minimum 3.5% stake dilution via IPO, can raise limit to 5%
The Board of Life Insurance Corporation (LIC) of India is learnt to have agreed on diluting 3.5% stake in the Read more
IPO
PMJJBY policyholders eligible for LIC IPO at discount
Subscribers of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) are eligible for LIC initial public offering at a discount, Chairman Read more
IPO-bound LIC ropes in 6 ind directors
Ahead of initial public offering (IPO), Life Insurance Corporation (LIC) has appointed six independent directors on its board to meet Read more
LIC IPO may open the floodgates for new retail investors in stock market
The buzz around the disinvestment of Life Insurance Corporation (LIC), is getting louder with every passing day. All eyes are Read more
Link PAN to LIC policies for IPO quota
Life insurance major LIC has asked its policyholders who also have a demat account to link their income tax PAN Read more
LIC to file draft IPO papers with Sebi next month
Country’s largest insurer LIC is likely to file draft papers with Sebi by November for the largest IPO in country’s Read more
LIC IPO expected to hit market by Q4
Department of Investment and Public Asset Management Secretary Tuhin Kanta Pandey has said that the much-awaited LIC IPO is expected Read more
Govt pushing for LIC IPO on time
The government is pushing to launch the initial public offering of Life Insurance Corporation of India by next March. Read more
While private insurers recover, LIC gains market share ahead of its IPO
India’s life insurers have shown a smart recovery from the covid-19 pandemic that hit businesses in the first quarter of Read more
Merger of PSU general insurers on back burner due to Covid-19
The Centre’s plan to merge the three PSU general insurers has been put on hold.According to sources, preparations for the Read more
