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Live news: Jolt for BJP ahead of Bengal civic polls as 3 leaders rejoin TMC

Live news updates: Industrialist Rahul Bajaj will be cremated in Pune with state honours, Election Commission eases rules for campaigning.

Live news: Jolt for BJP ahead of Bengal civic polls as 3 leaders rejoin TMC
Updated On : 13 Feb 2022 | 8:00 PM IST

LIC share sale may fetch govt up to Rs 65,000 cr; DRHP filing likely today

LIC IPO: LIC could be valued between Rs 11 trillion and Rs 12 trillion

LIC share sale may fetch govt up to Rs 65,000 cr; DRHP filing likely today
Updated On : 13 Feb 2022 | 7:51 AM IST

Top headlines: LIC IPO, BSE500 headline P/E falls, Tata Steel's NINL bid

Business Standard brings you the top headlines at this hour.

Top headlines: LIC IPO, BSE500 headline P/E falls, Tata Steel's NINL bid
Updated On : 13 Feb 2022 | 7:49 AM IST

LIC shareholding in listed companies drops to lowest in over a decade

Total number of firms in which it owns over 1% has also fallen

LIC shareholding in listed companies drops to lowest in over a decade
Updated On : 13 Feb 2022 | 7:49 AM IST

Banks to reach out to anchor investors for LIC IPO after Paytm delay

LIC IPO: Bankers, government officials and LIC staff are working around the clock to complete the preparatory work for the IPO and ensure there's enough demand for the mega sale

Banks to reach out to anchor investors for LIC IPO after Paytm delay
Updated On : 13 Feb 2022 | 7:45 AM IST

LIC provisions up, NPAs down ahead of listing: FY21 annual report

LIC's revenue or total income growth in FY21 was the best in five years

LIC provisions up, NPAs down ahead of listing: FY21 annual report
Updated On : 13 Feb 2022 | 7:45 AM IST

LCI IPO: Valuation delay, likely to push IPO plan beyond FY22

LIC IPO: There are still some issues that need to be addressed with regard to the valuation of LIC, a senior official said

LCI IPO: Valuation delay, likely to push IPO plan beyond FY22
Updated On : 13 Feb 2022 | 7:44 AM IST

IPO IPO: LIC boasts Rs 37-trillion AUM before overseas investors

LIC IPO: Profit after tax (PAT) went up 6.9 per cent to Rs 2,906.77 crore in FY21, its annual report showed.

IPO IPO: LIC boasts Rs 37-trillion AUM before overseas investors
Updated On : 13 Feb 2022 | 7:38 AM IST

LIC IPO: LIC to take glide path for surplus transfer from next year

LIC IPO: The government plans to list LIC, which is held to be the country's largest listing, in the last quarter this financial year

LIC IPO: LIC to take glide path for surplus transfer from next year
Updated On : 13 Feb 2022 | 7:37 AM IST

IPO-bound LIC exhibits distribution strength to financial investors

Insurer already sourced 97% of FY22 new business premium till September

IPO-bound LIC exhibits distribution strength to financial investors
Updated On : 13 Feb 2022 | 7:36 AM IST

LIC IPO: FM Nirmala Sitharaman reviews progress on planned mega LIC IPO

LIC IPO: The initial public offering (IPO) of Life Insurance Corporation (LIC) is expected to hit the markets by March

LIC IPO: FM Nirmala Sitharaman reviews progress on planned mega LIC IPO
Updated On : 13 Feb 2022 | 7:34 AM IST

LIC IPO: Finance Minister reviews progress of IPO amid third wave concerns

LIC IPO: The insurer is looking to file DRHP with Sebi this month, in sync with govt's plan to list the company this financial year

LIC IPO: Finance Minister reviews progress of IPO amid third wave concerns
Updated On : 13 Feb 2022 | 7:33 AM IST

Will soon approach Cabinet on revised FDI policy to aid LIC IPO: DPIIT Secy

LIC IPO: DPIIT will soon try to approach the Union Cabinet to seek its approval on changes in the FDI policy to facilitate disinvestment of LIC, a top government official said

Will soon approach Cabinet on revised FDI policy to aid LIC IPO: DPIIT Secy
Updated On : 13 Feb 2022 | 7:27 AM IST

LIC IPO: Govt seeks Rs 15-trn valuation for LIC IPO: Report

LIC IPO: If investors agree with those calculations proposed by the government, LIC would join the league of India's biggest companies like RIL and TCS

LIC IPO: Govt seeks Rs 15-trn valuation for LIC IPO: Report
Updated On : 13 Feb 2022 | 7:24 AM IST

LIC IPO: Actuary pegs insurer's embedded value at Rs 4-5 trillion

LIC IPO: Market valuation of listed life insurance peers is 3-4x their EV, but govt pushing for Rs 15 trn

LIC IPO: Actuary pegs insurer's embedded value at Rs 4-5 trillion
Updated On : 13 Feb 2022 | 7:21 AM IST

LIC IPO: DRHP, issue date and size, valuation--everything you need to know

The valuation of the mega LIC IPO could be around Rs 15 trillion. Here's all you need to know about LIC IPO

LIC IPO: DRHP, issue date and size, valuation--everything you need to know
Updated On : 13 Feb 2022 | 7:17 AM IST

IPO-bound LIC's AUM rose Rs 1 trillion from March-September 2021

As of September 2021, 61.67 per cent of LIC's AUM was held in participating policies, 37 per cent in non-participating policyholder investments, 1.15 per cent in unit-linked policies

IPO-bound LIC's AUM rose Rs 1 trillion from March-September 2021
Updated On : 10 Feb 2022 | 3:45 AM IST

Buying new policy instead of reviving old one could mean higher premium

But it means avoiding the premiums and interest for lapsed years, so do the math

Buying new policy instead of reviving old one could mean higher premium
Updated On : 10 Feb 2022 | 1:04 AM IST

LIC didn't pay dividend to govt in FY21, says Union Minister Karad

LIC did not pay any dividend to the government in last financial year and used free reserves to increase its paid-up capital, which has now risen to Rs 6,325 crore, government told Rajya Sabha.

LIC didn't pay dividend to govt in FY21, says Union Minister Karad
Updated On : 09 Feb 2022 | 12:25 AM IST
Updated On : 09 Feb 2022 | 12:18 AM IST