Mon, Jan 29, 2024
At around 9:23 a.m., shares of HDFC Bank traded 1.40 per cent or Rs 20.10 higher at Rs 1455.4 apiece. Meanwhile, at around the same time, LIC shares flat at Rs 903.3 apiece.
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Thu, Dec 21, 2023
In a stock exchange filing, LIC said the Department of Economic Affairs has decided to grant a "one-time exemption to LIC to achieve 25 per cent MPS within 10 years from the date of listing i.E., till May 2032".
Fri, Dec 15, 2023
LIC's Jeevan Utsav Plan promises assured returns and guaranteed income. The minimum basic sum assured is Rs 5 lakh. The minimum age at the time of commencement of the policy should be 18 and the maximum age at the time of completion of the policy should be 75 years.
Sat, May 07, 2022
LIC IPO subscription status Day 5: The initial public offer (IPO) of Life Insurance Corporation of India (LIC) was subscribed by 1.79 times on the fifth day of the issue on Sunday, May 8, 2022, till 07:00 PM, according to data posted on stock exchanges.
Fri, May 06, 2022
According to Shah, “On Sunday, almost all bank branches across the country will be open to accept LIC applications. Besides, the exchanges will also be open from 10:00 to 7:00 on Sundays for the IPO.”
Wed, May 04, 2022
Ahead of its initial public offering, insurance behemoth LIC on Tuesday approached its policyholders through SMS and other medium to inform them about the share sale.
Mon, May 02, 2022
According to IDBI Bank’s filing to exchanges, “Net Profit improved by 35 per cent for Q4FY22 to Rs 691 crore as against Rs 512 crore for Q4FY21. While its Net Interest Income (NII) stood at Rs 2,420 crore for Q4FY22 as against Rs 3,240 crore for Q4FY21.”
Wed, Apr 27, 2022
Most awaited life insurance ipo to open on 4 may and will close on 9th may. The price band of ipo is 902-949 rupees per share but policyholders will get 60 rupees discount and retail investors and employees will get 45 rupees discount
Tue, Apr 26, 2022
LIC IPO: In a big surprise, the government is mulling a discount for retail investors in the initial public offer (IPO) of Life Insurance Corporation (LIC), Zee Business Senior Special Correspondent Anurag Shah said citing sources on Tuesday.
Sun, Apr 24, 2022
The government in February had planned to sell a 5 per cent stake in Life Insurance Corporation (LIC). However, the ongoing market volatility due to the Russia-Ukraine war has made it lower the IPO size.
Wed, Apr 13, 2022
Here's the step by step guide on how to pay LIC premium with UPI.
Wed, Mar 16, 2022
The Kerala Legislative Assembly on Wednesday passed a unanimous resolution, voicing concern over the Centre's move to sell stakes in insurance behemoth LIC and urging it to retain the institution, which played a key role in the development of the nation.
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.
Fri, Mar 04, 2022
An Inter-Departmental meeting of the Government of India (GoI) is being held to review the impact of the ongoing Russia Ukraine crisis. The meeting will likely be continued on Saturday. The Petroleum Ministry is keeping an eye on the prices of crude oil.
Tue, Feb 15, 2022
Life Insurance Corporation of India (LIC) has asked all its policyholders to update their Permanent Account Number (PAN) details in their policy record by February 28 to be eligible for participating in its upcoming public issue.
LIC board is in the favour of maximum discount for policy holders, Zee Business' Anurag Shah reports citing his top sources.
Mon, Feb 14, 2022
State-run Life Insurance Corporation of India (LIC) has filed a Draft Red Herring Prospectus (DRHP) for the initial public offer (IPO) with market regulator Securities Exchange Board of India (Sebi).
Sun, Feb 13, 2022
In an interaction with Zee Business earlier, Bhagwat Karad, Union Minister of State for Finance said that the LIC shares will hit the market before March 31, 2022.
Fri, Feb 11, 2022
IDBI Bank, LIC Housing Finance and ITC Ltd stood at top three slots among top 10 companies in which LIC had the maximum holding in the quarter ended December 31, 2021.
Sat, Feb 05, 2022
The LIC is offering the opportunity to revive the lapsed policy of the policyholders.
Thu, Feb 03, 2022
The embedded value of LIC has been set at over 5 trillion rupees (USD 66.82 billion), said a government official on Thrusday.
Wed, Feb 02, 2022
Life Insurance Corporation of (LIC) has revised the annuity rates of Jeevan Akshay VII and New Jeevan Shanti policies.
Thu, Jan 06, 2022
The commerce and industry ministry is making changes in the foreign direct investment (FDI) policy to facilitate disinvestment of the country's largest insurer LIC, after taking views from the finance ministry, a top government official said on Thursday.
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![LIC IPO: Company's board in favour of "maximum" discount for policyholders; LIC Act mandate at 10% at the least](http://50342.g72ip.group/sites/default/files/styles/zeebiz_160x90/public/2022/02/15/175508-tv-copy2-feb-15.jpg?itok=mT0tS_ow&c=22a12e4955a45ac46b05732047323c73 "LIC IPO: Company's board in favour of "maximum" discount for policyholders; LIC Act mandate at 10% at the least")
