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Life Insurance Corporation Lic
Business  /  Published 25.05.22

Board meet on May 30

Life Insurance Corporation of India (LIC) on Tuesday announced that its board will meet on May 30 to consider a dividend payout and approve financial results for the period ended March 31. The countr...
By Our Special Correspondent in Mumbai

Business  /  Published 18.05.22

LIC lets down new investors

Shares of the state-owned Life Insurance Corporation (LIC) were clobbered on listing on Tuesday. The blow left an army of newbie investors from the country’s small towns and cities, who had bee...
By Our Special Correspondent in Mumbai

Business  /  Published 18.05.22

Little past comfort for LIC investors

Real estate giant DLF and food delivery startup Zomato sizzled on their listing days and held on to gains for months allowing investors to make an informed call on their money. As Pranav Haldea, mana...
By Sambit Saha, Pinak Ghosh in Calcutta

Business  /  Published 17.05.22

LIC debuts at 8.62% discount

The country's largest insurer LIC (Life Insurance Corporation) on Tuesday listed its shares at a discount of 8.11 per cent at Rs 872 per share on the NSE. On the BSE, the shares got listed at Rs ...
By Our Bureau, PTI in Mumbai

Business  /  Published 12.05.22

LIC IPO: SC refuses to grant relief

The Supreme Court on Thursday refused to grant any interim relief and stay the Life Insurance Corporation (LIC) IPO share allotment on a batch of pleas filed by some policy holders. A bench of Justic...
By Our Bureau, PTI in New Delhi

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India  /  Published 07.05.22

Fire at LIC office in Mumbai

A fire broke out at an office of the Life Insurance Corporation (LIC) in suburban Santacruz (West) on Saturday morning but nobody was injured in the incident, the public sector company said. The fire ...
By Our Bureau, PTI in Mumbai

Business  /  Published 05.05.22

Good start to LIC offer

The initial public offering (IPO) of Life Insurance Corporation (LIC) made an excellent start on Wednesday with the portion reserved for policyholders and employees being over-subscribed, even as reta...
By Our Special Correspondent in Mumbai

Business  /  Published 04.05.22

Anchor response augurs well for LIC float

Anchor investors are institutional investors to whom shares are allotted on a discretionary basis — and not on pro-rata basis — before an IPO opens for subscription. The shares are subject...
By Our Special Correspondent in Mumbai

Business  /  Published 03.05.22

LIC anchor book oversubscribed

The initial public offering (IPO) of Life Insurance Corporation of India (LIC) started on a positive note with the anchor book over-subscribed on Monday. The IPO was open to institutional anchor inves...
By Our Special Correspondent in Mumbai

Business  /  Published 28.04.22

Centre backs LIC issue size

Tuhin Kanta Pandey, secretary in the department of investment and public asset management, on Wednesday said the initial public offering of Life Insurance Corporation of India (LIC) is “right si...
By Our Special Correspondent in Mumbai


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