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Life Insurance Corporation of India pares 2% stake in NMDC

Life Insurance Corporation of India pares 2% stake in NMDC

Fri, Dec 13, 2024

State-owned insurer Life Insurance Corp of India (LIC) has pared its stake in iron-ore producer NMDC Ltd by 2 per cent, according to an exchange filing. After the stake sale, LIC's holding in the state-run iron ore mining company NMDC has dropped to 5.6 per cent from 7.6 per cent earlier.

LIC shares drop nearly 4% after November premium slump

LIC shares drop nearly 4% after November premium slump

Tue, Dec 10, 2024

LIC shares drop nearly 4% as November premiums decline by 27% year-on-year. Investors weigh the insurer’s underperformance against plans to expand into health insurance and support for increased FDI.

PM Narendra Modi to launch LIC Bima Sakhi Yojana

PM Narendra Modi to launch LIC Bima Sakhi Yojana

Sun, Dec 08, 2024

During his upcoming visit to Haryana, the Prime Minister will launch the LIC Bima Sakhi Yojana initiative aimed at empowering women aged 18-70 years under certain conditions. The Bima Sakhi Yojana drive is in tandem with the PM's commitment to women empowerment and financial inclusion.

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LIC IPO : Know how to check allotment status, link to check ipo share allotment status

LIC IPO : Know how to check allotment status, link to check ipo share allotment status

Thu, May 12, 2022

LIC IPO Share Allotment Status: LIC will most likely finalize the IPO share allotment on May 12, Investors can check their allotment status either on the BSE Website or the website of IPO registrar. Visit BSE website- https://www.bseindia.com/investors/appli_check.aspx and follow the steps shown in the video.

LIC IPO: Issue opens for subscription, Know how to apply

LIC IPO: Issue opens for subscription, Know how to apply

Wed, May 04, 2022

LIC launches largest IPO ever, issue opens for subscription today. Know how you can apply and start investing in easy steps.

Bancassurance gains: LIC Chairman says state-owned insurer keen to retain some stake in IDBI Bank

Bancassurance gains: LIC Chairman says state-owned insurer keen to retain some stake in IDBI Bank

Sun, May 01, 2022

In an interview with PTI, LIC Chairman MR Kumar said, the insurer along with the government will also divest its stake in IDBI Bank, but may not exit the bank completely.

LIC IPO: Over 25 anchor investors expressed interest in issue offer, says official; anchor book to open on 2 May

LIC IPO: Over 25 anchor investors expressed interest in issue offer, says official; anchor book to open on 2 May

Fri, Apr 29, 2022

To raise Rs 21,000 crore from the market next month, the government plans to dilute 3.5 per cent of its stake in LIC. The government had invested Rs 5 crore as seed capital when LIC was formed in 1956

What is Initial Public Offering and why companies issue IPOs

What is Initial Public Offering and why companies issue IPOs

Thu, Apr 28, 2022

An initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock issuance. Company issues first time shares for public and proceed to list in Stock Market. Watch What is IPO means

LIC IPO: Mother of all IPOs is finally here! Get all confirmed details here - Price band, launch date, discount for policyholders, lot size, reservation quota and more

LIC IPO: Mother of all IPOs is finally here! Get all confirmed details here - Price band, launch date, discount for policyholders, lot size, reservation quota and more

Wed, Apr 27, 2022

LIC IPO:The much-awaited details of India's biggest ever IPO i.e. are finally out! LIC Chairman MR Kumar says that after the listing of LIC IPO shares, there will be LIC 3.0. Here are all the details:-

LIC IPO: Check confirmed details of share price band, discount for retail investors, employees and policyholders; launch, open, closing date of issue

LIC IPO: Check confirmed details of share price band, discount for retail investors, employees and policyholders; launch, open, closing date of issue

Tue, Apr 26, 2022

LIC IPO: The issue is likely to open for subscription on May 4 and is expected to close on May 9.

EXCLUSIVE: LIC IPO Price Band - Big update! What we know from sources about share price

EXCLUSIVE: LIC IPO Price Band - Big update! What we know from sources about share price

Mon, Apr 25, 2022

LIC IPO: It's a big update related to LIC IPO's price band.

FEMA Rules Amended for 20% FDI in LIC IPO - What it means and how it will help FPIs

FEMA Rules Amended for 20% FDI in LIC IPO - What it means and how it will help FPIs

Mon, Apr 18, 2022

The LIC public issue is expected to be the biggest IPO in the history of the Indian stock market.

Government amends FEMA rules to allow 20% foreign direct investment in IPO-bound LIC

Government amends FEMA rules to allow 20% foreign direct investment in IPO-bound LIC

Sun, Apr 17, 2022

The government is planning to dilute its stake in LIC through the the Initial Public Offering (IPO). LIC in February had filed the Draft Red Herring Prospectus (DRHP) before the markets regulator Sebi for the IPO.

Planning to buy LIC tech term plan no 854? Full details from policy documents

Planning to buy LIC tech term plan no 854? Full details from policy documents

Mon, Apr 11, 2022

According to LIC, LIC's Tech-Term is provides financial protection to the insured's family in case of his/her unfortunate demise.

New update on disinvestment: Government and LIC will sell stake in IDBI Bank; Know what is the plan

New update on disinvestment: Government and LIC will sell stake in IDBI Bank; Know what is the plan

Wed, Apr 06, 2022

IDBI Bank Disinvestment: The government is moving fast to meet its disinvestment target and wants to take maximum advantage in the market. In such a situation, the government can extend its disinvestment plan by IDBI Bank till April. For the last few months, the government has been conducting a roadshow regarding the disinvestment of IDBI Bank, which has been extended till April.

Government holding roadshows for IDBI Bank privatisation to assess investor interest

Government holding roadshows for IDBI Bank privatisation to assess investor interest

Mon, Mar 21, 2022

CCEA had in May last year given in-principle approval for strategic disinvestment and transfer of management control in IDBI Bank. The government and LIC together own more than 94 per cent equity of IDBI Bank. However, the exact quantum of stake dilution is yet to be decided

Government has time till May 12 to launch LIC IPO without seeking fresh SEBI approval: Official

Government has time till May 12 to launch LIC IPO without seeking fresh SEBI approval: Official

Sun, Mar 13, 2022

The government has time till May 12 to launch the initial public offering (IPO) of LIC without filing fresh papers with market regulator Sebi, an official said.

LIC IPO: Latest update on announcement of price band, discount for policyholders and retail buyers, number of shares and more

LIC IPO: Latest update on announcement of price band, discount for policyholders and retail buyers, number of shares and more

Fri, Mar 11, 2022

LIC had, on February 13, filed the draft red herring prospectus (DRHP) for LIC IPO.

Is Russia-Ukraine War impacting LIC IPO? Check latest update from DIPAM Secretary Tuhin Kanta Pandey

Is Russia-Ukraine War impacting LIC IPO? Check latest update from DIPAM Secretary Tuhin Kanta Pandey

Fri, Mar 04, 2022

LIC IPO: However, 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.

LIC IPO: State-run insurer plans to keep the issue price low; expected share price around Rs 1700

LIC IPO: State-run insurer plans to keep the issue price low; expected share price around Rs 1700

Mon, Feb 28, 2022

A group of Ministers will be holding a discussion to decide the share price of the Life Insurance Corporation of India (LIC) public issue, which is set to hit the markets this month. The GoM will decide on the valuation of the share price and the estimated issue size. Zee Business's Anurag Shah reports.

LIC IPO: Policy-PAN link last date - Deadline ends today | Process, direct link and status check

LIC IPO: Policy-PAN link last date - Deadline ends today | Process, direct link and status check

Mon, Feb 28, 2022

So, how to check if your policy and PAN are linked and what is the PAN availability status in LIC Policy?

Market Manthan: Kargil war has more lessons for investors; Stock market rallies post conflict-induced volatility: Abhishek Banerjee of Lotusdew

Market Manthan: Kargil war has more lessons for investors; Stock market rallies post conflict-induced volatility: Abhishek Banerjee of Lotusdew

Sun, Feb 27, 2022

Abhishek Banerjee, CEO, Lotusdew said that there is a saying ‘buying to the roar of cannons and selling to the sound of trumpets". India outperformed the world during the conflict period.

LIC IPO News: Last date to link policies with PAN is today; see step-by-step guide of linking process

LIC IPO News: Last date to link policies with PAN is today; see step-by-step guide of linking process

Sun, Feb 27, 2022

The LIC policyholders must know that today, February 28, 2022 is the last date for linking LIC policies with PAN.

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