Page 10 - Lic

Govt considers seeking Rs 50,000 cr in mega LIC IPO next month: Report

The government is discussing selling as much as a 7% stake in LIC through the listing, say people with knowledge of the matter

LIC IPO: Govt may increase allotment size to align offer with Sebi's rules

The market regulator has approved LIC's updated draft red herring prospectus (DRHP), paving the way for the Centre to file the red herring prospectus (RHP) for India's biggest IPO.

IPOs and buybacks go missing from 2021-22 disinvestment drive

The number of buybacks dropped from seven in FY21 to just one in FY22.

After 2021 boom, how 2022 could be a year of reckoning for Indian startups

After the boom of 2021, when 44 Indian startups became unicorns, the markets are more selective and investors less enthusiastic in participating at unrealistic valuations

LIC IPO: Too 'precious' to lower face value of India's crown jewel

LIC management can decide on stock split after listing

LIC may need to be revalued if the listing is pushed beyond May

The government is hopeful of bringing out India's largest IPO before May

Govt has time till May 12 for LIC IPO without seeking fresh Sebi approval

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 net surges to Rs 234 cr in Q3FY22 due to change in surplus distribution

In the same period last financial year, LIC's net profit totaled Rs 0.91 crore

YES Bank looks to raise up to Rs 10,000 crore equity capital

There were reports that private equity groups such as Carlyle and Advent International are looking at a significant investment in the bank

LIC IPO draft papers likely to receive Sebi's approval on Monday

Listing may spill over into FY23 as geopolitical tensions roil markets

Reliance Nippon Life's Sunil Agrawal named CFO of LIC ahead of mega IPO

Prior to Agrawal's appointment, Shubhangi Sanjay Soman was executive director, finance and accounting. The position of Executive director F&A has been changed to CFO as LIC gets set to list

SBI Life, HDFC Life shares jump on reports of likely delay in LIC IPO

SBI Life shares settled 5.7 per cent higher at Rs 1,120, whereas HDFC Life 7.0 per cent up at Rs 560

Cabinet likely to consider proposal for FDI in IPO-bound LIC on Saturday

The initial public offering of over 31.6 crore shares or 5 per cent government stake is likely to hit D-street in March

Rakesh Sharma reappointed as MD&CEO of IDBI Bank for a period of 3 years

Rakesh Sharma's reappointment as the MD&CEO of IDBI bank has received the banking regulator, Reserve Bank of India's (RBI) nod.

LIC IPO delay? Govt in wait-and-watch mode amid Russia-Ukraine crisis

The government will closely monitor the Ukrainian crisis before taking any decision, the official added

LIC says PMJJBY policyholders are not eligible for 'quota benefits'

LIC issued a clarification saying Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) subscribers are not eligible to avail the benefits offered to policyholders in the proposed IPO

IDBI Bank a strategic partner, don't want to exit it fully: LIC chairman

Kumar says investors need not worry about govt control post IPO

LIC 3.0 to be listed, nimble and agile, say M R Kumar & K R Ashok

If there is any capital requirement, we will have to approach not only the government but all shareholders, said Kumar

PMJJBY policyholders also eligible for LIC IPO 'quota benefits'

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) subscribers are also eligible to avail the quota benefits reserved for the LIC policyholders

'LIC is well-capitalised,' says chairman M R Kumar ahead of mega IPO

He reassured prospective investors not to worry about the Centre's control post the listing as the company's decisions are taken by its Board and not by the Centre