LIC stake sale

<!-- -->LIC's IPO has been subscribed 1.74 times on fifth day of issue The initial public offer (IPO) of Life Insurance Corporation (LIC) was subscribed 1.79 times on the fifth day…

The Rs 20,557-crore LIC IPO remained open on Sunday for its fifth day of subscription. The initial public offering of the country’s largest life insurance company, Life Insurance Corporation of India, has been subscribed 1.73 times,…

Leading sovereign funds, including Abu Dhabi Investment Authority, Singapore-based GIC, three Canadian pension funds and Qatar Investment Authority, have shown interest to be anchor investors in Life Insurance Corporation’s (LIC) upcoming…

<!-- -->The embedded value of LIC is estimated to be about Rs 5.4 lakh crore ($72 billion).New Delhi: India is considering selling about 5% of the shares it holds in a state insurer as it prepares to file documents for the country's…

<!-- -->LIC will file draft papers for initial public offer with SEBI by November 2021The country's largest insurer, Life Insurance Corporation (LIC), is likely to file draft papers with Securities and Exchange Board of India (SEBI)…