insurer

NEW DELHI :India's cabinet approved on Saturday a policy amendment allowing foreign direct investment of up to 20per cent in Life Insurance Corp of India (LIC), a government source said, a change aimed at easing the listing of the state-run…

NEW DELHI: The Cabinet approved on Saturday a policy amendment allowing foreign direct investment of up to 20% in Life Insurance Corp of India (LIC), a government source said, a change aimed at easing the listing of the state-run insurer.…

New Delhi: The Union Cabinet on Saturday permitted up to 20 per cent foreign direct investment (FDI) under automatic route in IPO-bound LIC with an aim to facilitate disinvestment of the country's largest insurer, sources said. The decision…

LIC has in recent years been a key buyer of shares in state-owned firms sold off by the Government, often bailing out less-than-successful public issues of shares LIC has in recent years been a key buyer of shares in state-owned firms…

MUMBAI: Prospective investors in Life Insurance Corp of India's (LIC) $8 billion IPO are seeking assurances from company management that it will not sacrifice their interests to meet the goals set out by the government, its controlling…

A public offering of shares by India's state-run Life Insurance Corp (LIC), set to be the country's biggest yet at $8 billion, is expected to open for anchor investors on March 11, three sources with direct knowledge of the matter told…

MUMBAI: Next month's mammoth stock market debut for Life Insurance Corporation (LIC) has battered shares in other insurers as investors trim their holdings to make room for the state-owned giant, fund managers and analysts said. The…

<!-- -->LIC had Rs 39.56 lakh crore ($527 billion) of assets under management as of September.Mumbai: Next month's mammoth stock market debut for India's Life Insurance Corporation (LIC) has battered shares in other insurers as…

MUMBAI: India is embarking on the blockbuster listing of the country's largest insurer as part of a wider privatisation drive to bolster public coffers drained by the coronavirus pandemic and fund new infrastructure. While the pricing has…

State-owned insurer Life Insurance Corporation on Sunday filed its draft papers with stock regulator Sebi for its IPO, the secretary of  Department of Investment and Public Asset Management tweeted.The much talked about LIC IPO is set to…