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FDI IN LIC
India notifies 100% foreign investment in insurance sector, LIC limit stays at 20%The central government has notified 100% Foreign Direct Investment (FDI) in insurance companies under the automatic route, allowing foreign...- FEMA rejig clears decks for 20% FDI in LICFEMA notification was required to operationalise provisions DPIIT issued through press note including FDI policy changes that will allow la...
- DPIIT notifies 20 pc FDI in LIC under automatic routeThe Union Cabinet had last month approved the decision to facilitate disinvestment of the country's largest insurer.
- Ukraine crisis: Govt may defer LIC IPOThe government was expecting to garner Rs 63,000 crore by selling 5 per cent stake in the life insurance firm to meet the curtailed disinve...
- Cabinet gives nod for up to 20% FDI in LIC under auto modeThe country's biggest life insurer had filed for the sale of a 5% stake by the government on February 13. The IPO, expected to be the count...
- LIC IPO news: Cabinet allows up to 20% FDI in LIC, sources sayThe Indian union cabinet has approved a policy amendment allowing foreign direct investment of up to 20% in Life Insurance Corp of India (L...
- Cabinet likely to consider proposal for FDI in IPO-bound LIC on SaturdayAccording to the current FDI policy, 74 per cent foreign investment is permitted under the automatic route in the insurance sector. However...
- DPIIT to soon approach Cabinet on FDI proposal for LIC: SecretaryAccording to the current FDI policy, 74 per cent foreign investment is permitted under the automatic route in the insurance sector. However...
- Cabinet may take up FDI proposal for LIC next weekIndia allows foreign direct investment (FDI) up to 74% in the insurance sector, but this does not apply to LIC, which is governed by the LI...
- LIC set to approach regulator for nods before filing DRHPLife Insurance Corporation (LIC) will soon reach out to insurance regulator the Insurance Regulatory and Development Authority of India (IR...
- DPIIT to soon approach Cabinet for changes in FDI policy to aid LIC IPO, says secretaryThe Cabinet had approved the initial public offering (IPO) of LIC in July last year and the stake sale is being planned in the ongoing quar...
- FM Nirmala Sitharaman reviews progress of proposed LIC IPOThe government has set a target of Rs 1.75 lakh crore from disinvestment proceeds, including the LIC IPO, in the ongoing fiscal year.
- FDI policy update in the works to push LIC selloff: DPIIT SecretaryThe matter is being discussed with the Department of Financial Services (DFS) and Department of Investment and Public Asset Management (DIP...
- Government to amend FDI policy to boost LIC public offerWhile 74% FDI is permitted in insurance sector, the rules do not apply to LIC. Anurag Jain, secretary in the department for promotion of in...
- DPIIT to come out with revised FDI policy to facilitate LIC disinvestment: SecretaryAnurag Jain, secretary in the Department for Promotion of Industry and Internal Trade (DPIIT), said the current policy related to the secto...
- Govt may allow 20% foreign investment in LIC IPOUnder discussion is a plan to amend FDI rules so that investors can pick up the stake without the government’s approval under the so-called...
- India considers allowing foreign direct investment in LICAllowing FDI in LIC would permit so-called strategic investors such as massive pension funds or insurance firms to participate in the initi...
- FDI proposals of Rs 48,902 crore cleared till January in FY16The government has approved 285 FDI proposals worth Rs 48,902.76 crore till January this fiscal, Parliament was informed.
- Insurance bill in Rajya Sabha after heated debate on technicalitiesThe Insurance Laws (Amendment) Bill, 2015 was introduced after Deputy Chairman P J Kurien ruled that the new bill, as passed by LS, could b...
- Delink LIC restructuringLIC has AUM of around Rs 10 lakh cr, but has paid-up capital of Rs 5 cr.
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