The LIC board is meeting this week to decide on reducing the valuation of the company and offering more shares in its initial public offer that will make the float more attractive to many of its polic...

The government is mulling the launch of Life Insurance Corporation’s initial public offer in early May if the current volatile phase in the market subsides by then. Sources said the government ...

Earlier this month, Metro authorities signed a memorandum of understanding with the International Institute of Hotel Management for the co-branding of Park Street Metro station. The co-branding initi...

Markets regulator Sebi has approved the mega IPO of Life Insurance Corporation (LIC), sources said. LIC had submitted the draft red herring prospectus (DRHP) before Sebi on February 13. The go-ahead ...

The fallout of the Russia-Ukraine conflict may delay the IPO of Life Insurance Corporation of India to the next fiscal. The Centre is exploring the possibility of shifting the mega LIC public offer a...

Prospective investors in Life Insurance Corp of India's (LIC) $8 billion Initial Public Offering are seeking assurances from company management that it will not sacrifice their interests to meet t...

Amendments to the surplus/profit distribution rules for IPO-bound LIC, which has already improved its margins by 700 bps to 9.9 per cent and will further rise to 20 per cent when the national insurer ...

The Life Insurance Corporation (LIC) has lifted the veil on what promises to be “the mother of all capital issues” in India. On Sunday, the state-owned insurer, which describes itself as ...

Inclement weather Sir — The unpredictability of winter has come as a damper for the City of Joy. Gone are the days when the skies would remain clear for the better part of December and January ...

In times of great uncertainty, economists usually become either very optimistic about the future or deeply pessimistic. They describe seeing the glass as half-full or as half-empty. The metaphor assum...