LIC MF may consider IPO once its AUM hits Rs 1 lakh crore: MDLIC Mutual Fund might consider an IPO once its asset under management (AUM) reaches the Rs 1 lakh crore mark, which it was targeting by FY'...
13 Dec, 2024, 09.30 PM IST
In a first, LIC plays anchor for Nabard's infra bond saleInvestment documents seen by ET showed that LIC is the anchor investor for the ₹5,000-crore infrastructure bond sale by Nabard on December ...
19 Dec, 2023, 05.44 AM IST
LIC listing will improve its prospects, credit profile: Moody'sNew foreign shareholders in LIC will not only improve capital adequacy and financial flexibility but also enhance's LIC's operational and d...
06 May, 2022, 11.46 AM IST
LIC could be a good long-term holdingThe country's largest life insurer and the fifth- largest in the world, based on the gross written premium (GWP), is attractively valued ba...
02 May, 2022, 11.41 AM IST
LIC keen to retain some stake in IDBI Bank for bancassurance gains: ChairmanAlong with the government, Life Insurance Corporation (LIC) will also divest its stake in IDBI Bank, but may not exit completely, LIC Chair...
02 May, 2022, 11.30 AM IST
LIC IPO price attractive, lot of growth potential: Chairman KumarOn whether there is enough money on the table, he said, "It is based on the perception of the market. LIC is starting at low VNB and has po...
29 Apr, 2022, 07.29 PM IST
RBI says must time LIC IPO correctly, retail players’ response critical to successLIC IPO, which may rake in around Rs 60,000 crore for the government, was initially scheduled for the second week of March.
21 Mar, 2022, 11.16 AM IST
LIC continues planned IPO roadshowsInsurance behemoth LIC has continued to hold roadshows, seven to eight daily, as part of scheduled presentations for potential investors. T...
25 Feb, 2022, 07.31 AM IST
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.
02 Feb, 2022, 05.46 PM IST
LIC looks to file for IPO by January 3rd weekIn one of its interactions with global investors in the run-up to its record-setting initial public offering (IPO), top LIC officials have ...
04 Jan, 2022, 06.59 AM IST
DIPAM shortlists Cyril Amarchand Mangaldas as legal advisor for LIC IPOCrawford Bayley, Cyril Amarchand Mangaldas, Link Legal and Shardul Amarchand Mangaldas & Co had made presentations before the Department of...
26 Sep, 2021, 11.13 AM IST
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...
04 Jul, 2021, 02.20 PM IST
Government evaluates option to list LIC abroadThe government has already announced its intent for an initial public offer (IPO) by the insurance giant, while also amending the Companies...
03 Oct, 2020, 10.42 AM IST
LIC MF launches daily SIP scheme for investorsLIC Mutual Fund has launched a daily SIP scheme. This option will allow investors to invest daily for 22 working days in a month.
25 Jan, 2018, 03.46 PM IST
LIC Mutual Fund in new avatar, eyes top-three slotThe re-branding exercise has been done post the exit of Nomura, which had 35 per cent stake in the firm since its inception five years ago.
18 May, 2016, 08.38 PM IST
LIC Nomura Mutual Fund eyes Rs 10,000-crore AUM by MarchLIC Nomura Mutual Fund is looking at achieving AUM of over Rs 10,000 crore by March from present Rs 8,000 crore with a focus on attracting ...
16 Jan, 2015, 08.35 PM IST
No plan to take LIC Nomura Mutual Fund public: LIC chairmanLIC Mutual Fund was set up in April 1989 and LIC, the single largest domestic investor in the market managing assets over Rs 17 trillion, h...
22 Sep, 2014, 09.57 PM IST