LIC’s initial public offering, expected to raise up to Rs 210 billion, opened to small investors Wednesday after being oversubscribed by high-profile institutional investors.  As of...

LIC is likely to list on the stock exchanges on May 17, a week after its bumper initial public offering (IPO) closes. As per the final papers filed with Sebi, the allotment of shares to the demat acc...

Familiar bite Sir — As Calcutta heads into the stuffy summer months, Bengalis can be seen packing their bags and setting off for favoured destinations like Digha, Puri or Darjeeling — fon...

In A Taste of Time: A Food History of Calcutta, Mohona Kanjilal writes about the white vermouth Federico made with Indian spices for Prince of Wales Albert Edward, when he came visiting in 1875. The p...

The Kerala assembly on Wednesday unanimously passed a resolution urging the Union government to scrap the IPO of Life Insurance Corporation of India and retain the insurance major in the public sector...

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 ...

Life Insurance Corporation of India plans to increase the surplus distributed to shareholders to 7.5 per cent in 2022-23 and 2023-24 from 5 per cent in 2021-22. This will further increase to 10 per ce...

India is up for grabs. A minister is accused of building illegally on tea garden land; the 21-acre sprawl of Calcutta’s prized Agri Horticultural Gardens may be the next target of criminal rapac...

LIC Housing Finance on Saturday said the Bombay Stock Exchange and the National Stock Exchange have sought a  clarification on the proposed preferential allotment to parent Life Insurance Corpora...

The government has extended the superannuation age of IPO-bound LIC chairman to up to 62 years by making amendment to the Life Insurance Corporation of India (Staff) Regulations, 1960.  The chan...