LIC
LIC Shares Drop 8% Below Issue Price On Debut, End At Rs 873 Apiece
Banking - Published date: .
The insurance behemoth's shares hit an intra-day low of Rs 860 and a high of Rs 920, not coming closer to the issue pric... Read more
LIC, With M-cap Of Rs 5.54 Trn, Is Fifth Most Valued Indian Company
Banking - Published date: .
The country's largest insurer LIC is the fifth most valuable company in the country with a market capitalisation of abou... Read more
71% Of LIC Anchor Allotment Of 59.3 Mn Shares Made To Domestic MFs
Banking - Published date: .
Insurer raises Rs 5,627 cr in anchor book but overseas investors disappoint Read more
Profits Of Insurers, Manufacturing Firms Cannot Be Compared, Says LIC Chief
Banking - Published date: .
LIC Chairman M R Kumar on Monday said profits of insurance companies cannot be compared with that of manufacturing compa... Read more
LIC IPO Documents: Insurers' Unclaimed Amount Crosses Rs 20,000 Crore
Banking - Published date: .
Total was in excess of Rs 20,000 crore as of September, shows offer document data Read more
Govt Extends Term Of IPO-bound LIC's Chairman & MD By One Year
Banking - Published date: .
Earlier, his term was extended by nine months in June last year Read more
LIC Listing: Inside The All-out Campaign To Prepare India's Biggest IPO
Banking - Published date: .
A knock-out debut could see state-owned insurer raise as much as $10 billion from the IPO. It would burnish Prime Minist... Read more
LIC's NPAs In Debt Portfolio Reduce, Persistency Ratio Improves In FY21
Banking - Published date: .
In FY21, gross NPAs of LIC reduced by 39 basis points (bps) to 7.78 per cent from 8.17 per cent a year ago. Read more
Govt Extends Superannuation Age Of LIC Chairman To Up To 62 Years
Banking - Published date: .
The government has extended the superannuation age of IPO-bound LIC Chairman to up to 62 years by making amendment to th... Read more
Govt Appoints Milliman Advisors To Find Out LIC Value Ahead Of IPO
Banking - Published date: .
The work on determining the embedded value of India's largest insurer would start soon, Dipam Secretary Tuhin Kanta Pand... Read more
LIC Raises Its Stake In IRB Infra Developers To 5.27% In September Quarter
Banking - Published date: .
IRB Infra is the largest highway developer in the private sector with an asset base of Rs 45,000 crore and two InvITs Read more
LIC IPO: Govt Screens 11 Companies For Role Of Transaction Advisor
Banking - Published date: .
Presentations made on video conference to government; IPO pegged at Rs 1 trillion by some Read more
LIC Housing Finance Posts 16% Fall In Pre-tax Profit At Rs 826.72 Crore
Banking - Published date: .
Its net profit fell sharply, by 40 per cent, to Rs 421.43 crore from Rs 693.58 crore in Q4FY19. Read more
Finance Ministry Invites Bids From Transaction Advisors For LIC IPO
Banking - Published date: .
The advisors can submit their bids beginning Friday, till July 13, 2020. The bids would be opened by DIPAM on July 14 Read more