Page 20 - Life Insurance Corporation

Bankers need not have heartburn, LIC staff deserved better pay: AIIEA

The employees of Life Insurance Corporation of India (LIC), deserved a good wage revision based on their performance and they got it, said AIIEA

LIC IPO: Search for anchor investors begins, govt may seek higher valuation

Govt asks I-bankers to approach big investors

Govt set to allow 20% foreign direct investment in LIC ahead of listing

DFS, Dipam and DPIIT have finalised the change in FDI policy

IPO-bound LIC plans more focus on ULIPs, annuity and health products

LIC looks to improve share of non-participating products

IPO Rush: Offerings to see healthy response in 2022; pricing key concern

Initial public offerings in 2022 might include LIC and NSE

IPO fireworks in New Year too; firms likely to garner Rs 1.5 trillion

All said, the possible impact of the coronavirus pandemic, especially with the emergence of Omicron, might still be a cause for concern

LIC warns of legal action over misuse of its logo on social media

LIC has asked the public not to fall prey to proposals which are misusing its logo on social media platforms like Twitter, Facebook, Instagram and YouTube and other social media

Top headlines: India not to resume int'l flights from Dec 15; LIC NPAs down

LIC has provided heavily against its debt portfolio and managed to bring down its net non-performing assets (NPAs). More about the state-owned firm in our morning briefing.

IDBI assets manager to merge with LIC MF, clear path to latter's mega IPO

Following the merger, IDBI AMC, which currently has assets under management (AUM) of Rs 4,344 will cease to exist.

BS BFSI Insight Summit: Onus on life insurers to transform biz, say experts

The life insurance industry saw massive disruptions in the initial period of the pandemic

Govt aims big for LIC IPO, inspired by Zomato; eyes Rs 10 trn valuation

Valuers are expected to finalise embedded value of LIC this month

India pushing to get LIC IPO done on time: FM Sitharaman

Finance Minister announced plans to sell shares in the insurer in February 2020, but pandemic slowed the process

Improving business prospects, divestment make analysts bullish on PSU stks

In the last 10 years, though PSU stocks have gained ground, they have mostly been laggards at the bourses

LIC invites applications to appoint chief financial officer ahead of IPO

The Union government plans to list LIC on the bourses by the end of this fiscal year

Govt shortlists four law firms to assist LIC IPO after failed first attempt

Crawford Bayley, Cyril Amarchand Mangaldas, Link Legal and Shardul Amarchand Mangaldas will make a representation before govt on Friday

Law firms bid to work on India's LIC IPO as government sweetens terms

After the law firms showed no interest, the government revised its offer twice this month, limiting the timeline of the LIC's IPO work and offering a part payment during the IPO process, not just at t

LIC's share in life insurance was dwindling, pandemic only sped the decline

India's biggest insurer is losing market share and faltering on growth like never before, as it prepares to go public through an IPO

LIC agents to steer awareness campaign for retail investors ahead of IPO

Move comes ahead of India's largest IPO, expected later this year

IDBI Bank strategic sale: Most merchant bankers indicate 52 weeks' time

Most of the merchant bankers who had submitted bids for facilitating strategic sale of LIC-controlled IDBI Bank indicated a time-frame of one year to complete the elaborate process, sources said

LIC IPO could result in job losses, social spending, trade union warns

The sale, which is set to be the country's biggest, could value the company at as much as $261 billion, surpassing Reliance Industries Ltd.