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Latest Articles in Life Insurance Corporation LIC

LIC To Open India's Biggest IPO Issue By Mid-March

LIC's listing is set to be India's biggest ever IPO, with the government aiming to raise up to 900 billion rupees ($12.2 billion) from selling a stake.

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DPIIT To Make Changes In Existing FDI Policy To Facilitate LIC Divestment

The matter is being discussed with the Department of Financial Services and Department of Investment and Public Asset Management

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LIC IPO Unlikely To Take Place This Fiscal Due To Delay In Valuation

The government is banking on the listing of LIC IPO and BPCL strategic sale for meeting its disinvestment target of Rs 1.75 lakh crore. Recently, speaking about disinvestment, Finance Minister Nirmala Sitharaman had said the government is progressing well.

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LIC Picks Up Nearly 4% Stake In Bank Of India Through Open Market Transaction

In the qualified institutional placement (QIP), which closed on August 30, LIC picked up the biggest chunk by acquiring nearly 39.22 per cent (15,90,07,791 shares) of the equity shares offered in the issue.

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Bengal FM Writes To Sitharaman Against Privatisation Of Insurance Cos

The privatisation will initiate hydra-headed financial problems while undermining the confidence of the common retail insurers of the poorer sections of the society

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LIC, SBI Life, Canara Bank Pick Up Stakes In Indian Bank Under QIP

Indian Bank's shares closed at Rs 148.35 apiece on the BSE, up 0.64 per cent from the previous close.

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Private Life Insurers' New Premium Income Grows 8 % In FY21

Equity-oriented inflows were modest in March at Rs 9,600 crore, compared to Rs 20,167 crore outflows since June 2020.

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LIC Collects Highest Ever New Premium Of Rs 1.84 Lakh Cr In FY21

The insurer's pension and group schemes vertical also created a new record by clocking its highest ever new business premium income of Rs 1.27 lakh crore over a huge base of Rs 1.26 lakh crore in the previous year ended March 31, 2020.

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Budget proposals positive for India's insurance industry: Fitch

Budget proposals positive for India's insurance industry: Fitch

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Budget pegs FY22 disinvestment target at Rs 1.75 lakh crore

Budget pegs FY22 disinvestment target at Rs 1.75 lakh crore

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IDBI Bank offloads 27 pc stake in IFLI for Rs 595 cr

IDBI Bank offloads 27 pc stake in IFLI for Rs 595 cr

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LIC Staff Union To Hold Walk-Out Strike To Protest Against IPO

The union said LIC's valuation surplus was Rs 53,211.91 crore, life fund stood at Rs 28.28 lakh crore and asset under management over Rs 31.11 lakh crore at the end of FY19.

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