Insurance giant LIC is exploring a fintech arm to boost digital capabilities. The company is also prepared for potential further stake dilu...

In the recent past, he said LIC has initiated a comprehensive review of its real estate portfolio to assess the returns and yields it gener...

The 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...

The insurance sector may face moderation if the Middle East crisis persists, potentially reducing people's income and impacting spending an...

LIC said its holding in NMDC has decreased from 13.69% to 11.69% between December and March. Apart from NMDC, LIC has also diluted its stak...

The company was primarily in the metal recovery business, producing low Ferro manganese. However, it disposed of the recovery plant and ent...

The government is selling over 22.13 crore shares in LIC at a price band of Rs 902-949 apiece in the initial public offering, which opens o...

The listing is expected to hit the markets in first week of May and details on reservations, discount, issue date and price is likely to be...

The Department of Investment and Public Asset Management (DIPAM) had on June 22 invited bids from merchant bankers and law firms for managi...

The government currently owns 100 per cent in LIC, while it holds around a 46.5 per cent stake in IDBI Bank.

Listing of LIC will bring in greater transparency, public participation and also deepen the equity market, says Rajiv Kumar.

UTI AMC is promoted by four public sector financial institutions as sponsors -- State Bank of India, Life Insurance Corporation of India, B...

Bank of Maharashtra will sell shares worth about Rs 100 crore to Life Insurance Corporation (LIC), diluting 5% of its equity.

LIC Mutual Fund said that it has taken on-board Japanese asset management company Nomura as a strategic partner by selling a 35 per cent st...

The Government is looking at bringing in a strategic investor into UTI-MF, which would help the company to raise funds and make itself more...

Life Insurance Corporation can dilute its present stake in blue-chip companies and bring it down to 10 per cent in a phased manner.

Life Insurance Corporation can dilute its present stake in blue-chip companies and bring it down to 10 per cent in a phased manner.