LIC initial public offering

NEW DELHI: India raised 205.6 billion rupees ($2.7 billion) as its biggest ever initial public offering priced at the top of the range following strong demand from local investors and a last-minute dash by foreign funds. Life Insurance…

After nearly a week of bidding, the subscription period for the $2.7 billion public offering of Life Insurance Corporation of India is set to end on Monday. Dubbed by some as India’s “Aramco moment”, the government had cut the fundraising…

Life Insurance Corporation (LIC), an insurance giant, has fixed the price band at ₹902-949 per share for the ₹21,000 crore public offer (IPO) that may open on May 4, news agency PTI reported, citing sources.Sources told PTI that the LIC…

The Life Insurance Corporation's much-awaited IPO, or initial public offering, is expected to open on May 4, news agency ANI reported Tuesday morning. The Securities and Exchange Board of India, or SEBI, has approved the LIC IPO last…

Move will expand investor base for LIC IPO amid choppy markets. Move will expand investor base for LIC IPO amid choppy markets. The government on Saturday approved changes to India’s foreign direct investment (FDI) policy to allow global…

The decision in this regard was taken by the Cabinet, chaired by Prime Minister Narendra Modi The decision in this regard was taken by the Cabinet, chaired by Prime Minister Narendra Modi The Union Cabinet on February 26 permitted up to…