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Life Insurance Corporation Lic
Business  /  Published 04.02.21

Centre bets on trio for divestment target

The Modi government is banking on the initial public offer of the Life Insurance Corporation and the strategic sales of Bharat Petroleum Corporation Limited and Air India to meet its ambitious disinve...
By R. Suryamurthy in New Delhi

Business  /  Published 03.02.21

LIC IPO after Oct

LIC’s initial public offering (IPO) is likely after October this year, a top official said on Tuesday, laying out the government’s divestment calendar that includes completing the sale of ...
By PTI in New Delhi

Jharkhand  /  Published 02.02.21

LIC workers protest FDI move

Over a hundred LIC workers of Dhanbad on Tuesday staged a protest against the Centre’s announcement to increase the FDI in insurance sector from 49 per cent to 75 per cent, during Monday’s...
By Praduman Choubey in Dhanbad

Business  /  Published 02.02.21

Budget 2021-22: Privatisation rush

Finance minister Nirmala Sitharaman announced big-ticket privatisation agenda of the government which included selling two PSU banks, one general insurance company, seven major ports and the mega LIC ...
By Our Special Correspondent in New Delhi

Business  /  Published 19.12.20

LIC stake in Exide up to 5.5%

Life Insurance Corporation of India has upped its stake in city-based automotive and industrial battery maker Exide Industries. In a stock exchange filing on Friday, Exide said that LIC’s stake...
By A Staff Reporter in Calcutta

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Business  /  Published 12.12.20

Canara raises Rs 2000cr

State-owned Canara Bank on Friday said it has raised Rs 2,000 crore equity capital by issuing over 19 crore shares to eligible investors. LIC has emerged as the largest investor in the bank’s q...
By PTI in New Delhi

Business  /  Published 17.11.20

Actuaries sought for LIC valuation

The mega initial public offering of Life Insurance Corp (LIC) may spill over to the next fiscal as the government on Monday took the first step to an independent actuarial valuation of the country&rsq...
By Our Special Correspondent in New Delhi

Business  /  Published 09.11.20

Ircon impetus to Centre's selloffs

The government plans to sell about a 15 per cent stake in Ircon International through an offer for sale of shares in the current fiscal even as the budget divestment target of Rs 2.1 lakh crore appear...
By R. Suryamurthy in New Delhi

Business  /  Published 26.10.20

Life Insurance Corp float date gets delayed

The mega initial public offering of Life Insurance Corp (LIC) may spill over to the next fiscal as the government will first look at the independent actuarial valuation of the country’s largest ...
By PTI in New Delhi

Calcutta  /  Published 19.10.20

Early morning blaze at LIC Building, three injured

A fire broke out early on Sunday on the third floor of LIC Building on Central Avenue, barely 500m from Moon House on GC Avenue where a fire had claimed two lives on Friday night. Eyewitnesses said t...
By Our Special Correspondent in Calcutta


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