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LIC IPO VALUE
LIC in talks with regulators on long-term instruments to match growing liabilities: CEOLife Insurance Corporation of India is working with regulators like the Reserve Bank and Sebi. This is to increase long-term investment opt...
Who is Rajesh Mehta, man behind Rajesh Exports, facing SEBI ban over alleged Rs 15.15 lakh crore 'fraud' impacting LIC, others?Market regulator SEBI has taken action against Rajesh Exports and its Chairman Rajesh Mehta. The company faces allegations of significant f...
LIC plans foray in fintech space, strategic investment also on table: CEO DoraiswamyInsurance giant LIC is exploring a fintech arm to boost digital capabilities. The company is also prepared for potential further stake dilu...
Govt plans up to 2% LIC stake sale, may raise Rs 10,000 croreThe government plans to sell up to a 2% stake in LIC, potentially raising Rs 10,000 crore. This move aims to deepen public shareholding ami...
Ahead of Market: 10 things that will decide stock market action on WednesdayDomestic equity benchmarks ended lower on Tuesday, snapping a three-session rally amid profit booking in financial, realty and consumer sto...
Groww's strong Q4; Iran conflict hits India's GCCsFintech major Groww more than doubled its net profit in the fourth quarter of FY26. This and more in today's ETtech Top 5.
LIC to issue 1 bonus share for every share heldLife Insurance Corporation of India announced its first bonus share issue in a 1:1 ratio, doubling its paid-up equity base. This move aims ...
JPMorgan overweight on LIC, says D-Street mispricing stockJPMorgan said LIC is trading at 0.75 times FY23 price to embedded value on FY23 earnings basis after a post-IPO correction that saw erosion...
How LIC's IPO, India's biggest, ended in a downbeat debutHaving missed out on last year's IPO frenzy, shares in India's biggest insurer opened at 872 rupees apiece, compared to their issue price o...
Timeline: How LIC's IPO was nearly derailed by market churnThe 66-year-old insurance behemoth is expected to list on Indian stock exchanges on May 17 amid volatile market conditions, having missed l...
LIC valuation may be among cheapest for global peersAccording to Sunil Tirumalai, strategist at UBS India, the embedded value (EV) of LIC calculated as of September 30, 2021, has moved up sha...
LIC's market cap could be Rs 22 lakh crore, ahead of RelianceThe government is yet to clarify how much money it wishes to earn from selling shares in the insurers. Though it will be selling 31,62,49,8...
LIC's embedded value set at over Rs 5 lakh crore: Govt officialLIC is likely to sell its entire stake to IDBI Bank in 2022/23, a government official told Reuters.
LIC IPO filing next week, issue in March: Govt official"A portion of the IPO would be reserved for anchor investors like we have done in case of IPOs of IRFC and RailTel," Pandey added.
LIC to open India's biggest IPO issue by mid-MarchThe listing of LIC is set to be India's biggest ever IPO, with the government aiming to raise up to Rs 90,000 crore ($12.18 billion) from i...
American economy not yet ready for end to Federal stimulus, top official saysWhile the Fed has begun to consider when to taper its massive bond-buying program, New York Fed President John Williams told reporters the ...
CCEA clears LIC disinvestment; panel headed by FM to decide quantum of stake saleThe Budget amendments to the LIC Act has been notified and the actuarial firm is expected to finalise the embedded value of the life insure...
LIC IPO: Govt likely to invite bids from merchant bankers this monthThe government is likely to invite bids from merchant bankers this month for managing LIC disinvestment as it moves ahead with plans to lau...
Market busy doing the math on LIC IPO, enterprise valueIn terms of the issue size of the offer, the Rs 25,000 crore in paid-up capital infused by the government could constitute total outstandin...
LIC IPO may spill over to next fiscalDIPAM Secretary Tuhin Kanta Pandey said the pre-IPO work of LIC is going on at four stages and only after the four stages converge, then a ...