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Life Insurance Corporation Lic
Business  /  Published 04.02.22

LIC to sell at least 5% stake via IPO

“A portion of the LIC’s IPO would be reserved for anchor investors. The policyholders of the country’s largest insurer will also have a portion of LIC’s IPO reserved for them l...
By R. Suryamurthy in New Delhi

Business  /  Published 03.02.22

FDI policy tweak to support LIC IPO

The government is likely to file draft papers for the mega initial public offering of LIC with market regulator Sebi by next week. A portion of the issue would be reserved for anchor investors, Tuhin ...
By Our Special Correspondent in New Delhi

Business  /  Published 02.02.22

Selloff targets cut; mystery over LIC IPO

Uncertainty surrounds the fate of the proposed initial public offering of state-owned Life Insurance Corporation (LIC) with the government scaling down the receipts from disinvestment proceeds in the ...
By R. Suryamurthy in New Delhi

Business  /  Published 31.01.22

Tenure of LIC chairman extended

The government has extended the tenure of chairman of IPO-bound Life Insurance Corporation (LIC) by one more year with a view to facilitating smooth listing of the insurance behemoth, sources said. B...
By PTI in New Delhi

Business  /  Published 14.01.22

LIC float likely by mid-March

Life Insurance Corporation (LIC), India’s largest insurer, could publish key details of its mammoth initial public offering (IPO) this month and begin issuing public shares by mid-March, governm...
By Reuters in Mumbai

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Business  /  Published 21.12.21

LIC float on course

The government has kept its hopes alive of an IPO of the Life Insurance Corporation by stating that plans are on course for the issue to be floated in the last quarter of the current fiscal. There ha...
By Our Special Correspondent in New Delhi

Business  /  Published 20.12.21

LIC float may be delayed

The government is unlikely to come up with the IPO of Life Insurance Corporation (LIC) in the current financial year ending March 2022, as the valuation of the state-owned behemoth is taking more than...
By PTI in New Delhi

Business  /  Published 11.12.21

LIC to hold 10% in IndusInd

The Reserve Bank of India has permitted Life Insurance Corporation (LIC) to double its stake in IndusInd Bank. The country’s largest insurer has been given a year’s time to raise its stak...
By Our Bureau in Mumbai

Opinion  /  Published 08.12.21

The recolonization of the Indian economy

The post-war political decolonization in the third world was followed by a struggle for economic decolonization that was no less intense. Many countries that were not formally colonies (hence did not ...
By Prabhat Patnaik

Business  /  Published 06.12.21

LIC prunes bad assets

Ahead of its proposed initial public offering (IPO), insurance behemoth LIC has improved its asset quality for the financial year ended March 2021. The non-performing assets  as of March 31, 202...
By PTI in New Delhi


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