In a stock exchange filing, the insurance giant said the Department of Economic Affairs, Ministry of Finance, in a memorandum dated Decembe...

In May 2022, the government had sold 3.5% stake in LIC IPO, which was an entirely (offer for sale) worth around Rs 21,000 crore. It remains...

Bhanoo is currently serving as the Additional Zonal Manager of LIC in Bhopal.

The profit grew 466% from Rs 2,371 crore in the same quarter of last year.

LIC had earlier said its total; exposure to Adani Group companies is 0.975% of its total assets under management (AUM) at book value. LIC's...

Investors can bid for shares in a lot size of 15 shares, and multiples thereof. There is an employee reservation of 15.81 lakh shares while...

The issue size is expected to be worth Rs 21,000 crore, valuing the country's largest insurer at Rs 6 lakh crore.

The government is discussing selling as much as a 7% stake in LIC through the listing, according to the people, who asked not to be identif...

The IPO, which was set to launch before end of March, forms a key part of Prime Minister Narendra Modi government’s plan to divest state as...

LIC had, on February 13, filed the draft red herring prospectus (DRHP) for LIC IPO. Earlier this week, Sebi gave approval to the draft pape...

The market has been choppy in the last two months due to concerns over monetary tightening, rising inflation and an ongoing war in Europe t...

Generally, in a highly volatile market, investors tend to play safe and refrain from making fresh investments. Thus, the equity market need...

The 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...

"The government tends to act as a regulator, manager and shareholder and it tends to get its position confused at different points of time,...

“I think LIC is a very good IPO but it may not be the right time for it,” said Basant Maheshwari, the co-founder of Basant Maheshwari Wealt...

ET NOW quoted sources as saying that the government may look to offload 5 per cent stake initially for Rs 65,000 crore to Rs 75,000 crore, ...

LIC (International) is in talks with Bahrain-based financial institutions to become a part of their distribution channel in the Gulf nation.