Page 16 - Life Insurance Corporation

Kerala Assembly passes unanimous resolution against LIC IPO

Chief Minister Pinarayi Vijayan, who moved the resolution in the Assembly, opined that leaving the insurance giant to the interests of private players would not be beneficial to the country

Banks, corporate treasuries dial in for LIC IPO, signal all-round interest

The country's largest public offer has seen strong interest from investors who queued up to be part of the roadshows organised by the Centre's battery of merchant bankers.

Govt planning mega LIC IPO by mid-May after markets calm down: Report

A market volatility index for India around 15 will be a comfortable level for the government to launch the IPO, says a source

LIC may need to be revalued if the listing is pushed beyond May

The government is hopeful of bringing out India's largest IPO before May

IPOs to watch out for once the primary market starts buzzing

LIC, Delhivery, PharmEasy among deals to be keenly followed by the market

LIC net surges to Rs 234 cr in Q3FY22 due to change in surplus distribution

In the same period last financial year, LIC's net profit totaled Rs 0.91 crore

Hope volatility in markets recedes for LIC IPO launch: DIPAM secretary

There are certain external factors affecting the markets because of the conflict in Europe, and the government is watching the situation carefully, the official said

LIC IPO: Govt to take call in best interest of investors, says DIPAM Secy

In the wake of the market volatility due to the Ukraine-Russia war, there might be a rethink on the timing of the LIC share sale

Top headlines: PM calls for dialogue on Ukraine, 800 drugs to get costlier

Fund manager Mark Mobius says he sees more downside in equity markets amid the invasion of Ukraine. More on that in our top headlines.

LIC IPO: 10.8 million eligible to avail of policyholders' quota

LIC had over 282 million policies in force as of September 30, 2021, but policyholders tend to have more than one policy

Top headlines: Amazon, Future may bury hatchet; Eveready Chairman, MD quit

Business Standard brings you the top headlines on Thursday

SBI Life, HDFC Life shares jump on reports of likely delay in LIC IPO

SBI Life shares settled 5.7 per cent higher at Rs 1,120, whereas HDFC Life 7.0 per cent up at Rs 560

Govt may review timing of LIC IPO amid Ukraine crisis: FM Sitharaman

'If global considerations warrant that I need to look at it (LIC IPO), I wouldn't mind looking at it again,' says FM

Top headlines: India skips UNSC vote on Russia, LIC IPO pricing in limbo

Russia-India defence sales face looming sanctions. More on that in our top headlines.

Cabinet likely to consider proposal for FDI in IPO-bound LIC on Saturday

The initial public offering of over 31.6 crore shares or 5 per cent government stake is likely to hit D-street in March

Top headlines: US to consult India on Ukraine, India Inc faces margin dip

The Centre will wait and watch how the Russia-Ukraine crisis affects the stock markets before taking a call on deferring the IPO of LIC. More on this in our top headlines.

Top headlines: Ukraine president pleads for peace, oil shock may sting

Mutual funds are keeping their powder dry to invest in LIC's IPO that is expected to hit the market next month

LIC IPO will test India's market depth, says Moelis India's Manisha Girotra

"The LIC IPO will suck liquidity from the market. That's another reason that you will see the markets getting volatile," said Girotra.

Lot of buzz, interest in market for LIC IPO: FM Nirmala Sitharaman

On February 13, the state-owned insurer filed draft papers with capital markets regulator Sebi for the sale of a 5 per cent stake by the government for an estimated Rs 63,000 crore

LIC says PMJJBY policyholders are not eligible for 'quota benefits'

LIC issued a clarification saying Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) subscribers are not eligible to avail the benefits offered to policyholders in the proposed IPO