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LIFE INSURANCE CORP OF INDIA
LIC weighing plans to invest in health insurance, fintech: R Doraiswamy, CEO, LICLIC said the government’s ₹31,552-crore offer for sale reflects investor confidence and helped achieve 10% public shareholding. The insurer...- LIC's OFS discount looks tempting, but triggers don'tAnalysts hold differing views on retail investor interest in LIC's offer for sale. The government is divesting a stake to meet minimum publ...
- It's a secret: LIC’s unusually fast $3.3 billion deal kept bankers in darkLIC OFS: The Indian government raised $3.3 billion by selling additional LIC shares in the country's biggest secondary stock offering after...
- Dhoot Transmission raises Rs 918 crore from 72 anchor investors ahead of Rs 3,067-crore IPODhoot Transmission has raised Rs 918 crore from 72 anchor investors ahead of its Rs 3,067-crore IPO, with domestic mutual funds accounting ...
- Stocks in news: LIC, Trent, AWL Agri Business, SBI, TitanIndian markets experienced a quiet day of trading on weekly expiry, influenced by varying signals. LIC announced a remarkable 23% increase ...
- LIC Q1 Results: Profit rises 23% YoY to Rs 13,492 crore, NPI up 7%LIC Q1 Results: India's leading insurer Life Insurance Corp (LIC) on Thursday reported a 23% year-on-year (YoY) growth in its standalone ne...
- SBI Life partners with J&K Bank to offer insurance solutions across IndiaSBI Life and J&K Bank have partnered to offer comprehensive life insurance solutions. Over one thousand J&K Bank branches will now provide ...
- Low insurance penetration, reforms to drive 'massive' growth in India's insurance sector: S&PIndia's insurance sector anticipates significant long-term expansion driven by reforms and low penetration. Favorable regulations are attra...
- Govt mobilises Rs 31,552 crore via LIC offer for saleThe government successfully raised ₹31,552 crore through the Life Insurance Corp of India Offer for Sale. This significant mobilization inc...
- Stocks in news: PB Fintech, LIC, Trent, Ola Electric, and CiplaIn a day of mixed economic signals, Indian markets displayed notable volatility before settling at a flat close. PB Fintech enjoyed a subst...
- LIC OFS opens for retail investors: Should you apply in insurance behemoth's offer?The OFS opened for non-retail investors on August 4, and saw strong participation. The offer was oversubscribed more than 3 times its offer...
- Stocks in news: BSE, PB Fintech, Nykaa, Airtel, and LICMarkets experienced profit-taking after Monday's rally, with indices closing lower. Investors await the Reserve Bank of India's monetary po...
- Negative Breakout: These 8 stocks cross below their 200 DMAsTraders use the 200 DMA as a key indicator to determine the overall trend in a particular stock.
- IRDAI asks insurers to fast-track Assam flood claimsInsurers must expedite flood claim settlements for affected policyholders. The regulator has directed immediate deployment of surveyors and...
- LIC OFS: Non-retail portion fully subscribed on Day 1. Here’s what investors should knowLIC's Rs 31,410-crore offer for sale (OFS) was fully booked on Tuesday on Day 1. The government aims to pare its stake through a 2.5% base ...
- LIC shares sink 9% as OFS opens at 11% discount. Here's all you need to knowLIC shares plunged nearly 9% after the government’s offer for sale (OFS) to divest up to a 6.5% stake in the insurer opened for institution...
- Life insurer rejected Rs 70 lakh death claim, but consumer commission ordered it to refund Rs 7 lakh premium despite a lapsed policy; here's whyA life insurer denied a seventy lakh death claim after a policy lapsed. The policyholder had paid seven lakh as the first year premium. The...
- Government unveils offer for sale to dilute LIC stakeThe Centre has announced an Offer for Sale in Life Insurance Corporation of India. This issue will open for non-retail investors on Tuesday...
- Stocks in news: Paytm, LIC, Airtel, BSE and ONGCMarkets extended gains on Monday, driven by easing oil prices and strong quarterly earnings. Paytm's parent company sees investors selling ...
- LIC OFS opens on August 4 as govt looks to sell up to 6.5% stake. Check detailsThe government will launch LIC’s offer for sale for non-retail investors on Tuesday and retail investors on Wednesday. It plans to divest u...
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