life insurance corporation (lic)
Sebi approves LIC draft papers; clears decks for mega IPO
The IPO is offer for sale (OFS) by Government of India and there will be no fresh issue of shares by LIC
Govt may defer LIC IPO to next fiscal amid Ukraine crisis: Experts
The government was looking to sell 5 per cent stake in LIC this month, which could have fetched over Rs 60,000 crore to the exchequer
LIC IPO unlikely to take place this fiscal due to delay in valuation
Once listed, LIC is likely to become one of the biggest domestic companies with an estimated valuation of Rs 8-10 lakh crore
LIC launches special campaign to revive lapsed policies
Policies which are in a lapsed condition are eligible to be revived in this campaign
IRDAI gives nod to PNB for stake in two life insurance ventures
PNB is a promoter of PNB Metlife Insurance with the highest stake of 30 per cent since 2012
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