Life Insurance Corporation of India (LIC)
LIC mega IPO opens for subscription; to close on May 9
The government aims to generate about Rs 21,000 crore by diluting its 3.5 per cent stake in the insurance behemoth
AA Edit | LIC’s history-making IPO can be a win-win for all
It gives an opportunity for people to be a part of the growth of the biggest insurer, which they nurtured for several decades
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
Ukraine crisis: Govt may defer LIC IPO
The government was expecting to garner Rs 63,000 crore by selling 5 per cent stake in the life insurance firm
LIC may not fully exit IDBI Bank
While the government holds 45.48 per cent stake in IDBI Bank, LIC owns 49.24 per cent stake in the lender
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 chief calls for joint efforts to address protection gaps
For an emerging economy, protection gaps may pose multiple problems, according to LIC
Centre likely to sell 25 per cent stake in LIC; Rahul Gandhi slams move
The government is likely to float an IPO (Initial Public Offering) to raise the necessary amount of money
Kotak may unravel truth behind infra major fall
The present financial mess at IL&FS could have been averted if the proactive measures were taken then.