71% of LIC anchor allotment made to domestic MFs
LIC, raised Rs 5,627 crore from anchor investors ahead of its mega initial public offering (IPO), with 71 percent of Read more
LIC
LIC loses Rs 46,520 crore on debut listing
LIC lost Rs 46,520 crore in value, as the market capitalisation (m-cap) on its market debut. The stock fetched an Read more
Can LIC stock prove to be a good long-term bet?
LIC made a less than expected debut on bourses as the stock listed at a discount, hurting all categories of Read more
LIC listing to boost transparency, and its credit profile
As a listed company, LIC will face more demanding disclosure requirements, resulting in increased transparency over its operations, and encouraging Read more
Government approaches foreign sovereign, pension funds to be anchor investors in LIC public issue
The Central Government has approached the sovereign wealth and pension funds to be anchor investors for the upcoming public issue Read more
LIC chairman’s term extended by a year
The Centre has extended the term of the incumbent Chairman MR Kumar by one more year. This is expected to Read more
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
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
Sunil Agrawal appointed CFO of LIC ahead of listing
Life Insurance Corporation (LIC) has appointed Sunil Agrawal as the chief financial officer (CFO) of the corporation. Prior to Agrawal’s Read more
LIC facing disputed tax claims of Rs. 75000 crore
Life Insurance Corporation (LIC) is facing tax claims disputed of Rs 74,894 crore under litigations, which is close to the Read more
