Monday, Oct 02, 2023 | Last Update : 01:10 PM IST

Life Insurance Corporation of India (LIC)

LIC mega IPO opens for subscription; to close on May 9

The government aims to generate about Rs 21,000 crore by diluting its 3.5 per cent stake in the insurance behemoth

05 May 2022 3:54 AM

AA Edit | LIC’s history-making IPO can be a win-win for all

It gives an opportunity for people to be a part of the growth of the biggest insurer, which they nurtured for several decades

05 May 2022 1:36 AM

Sebi approves LIC draft papers; clears decks for mega IPO

The IPO is offer for sale (OFS) by Government of India and there will be no fresh issue of shares by LIC

09 Mar 2022 2:47 PM

Govt may defer LIC IPO to next fiscal amid Ukraine crisis: Experts

The government was looking to sell 5 per cent stake in LIC this month, which could have fetched over Rs 60,000 crore to the exchequer

06 Mar 2022 1:15 PM

Ukraine crisis: Govt may defer LIC IPO

The government was expecting to garner Rs 63,000 crore by selling 5 per cent stake in the life insurance firm

02 Mar 2022 3:58 PM


LIC may not fully exit IDBI Bank

While the government holds 45.48 per cent stake in IDBI Bank, LIC owns 49.24 per cent stake in the lender

22 Feb 2022 12:37 AM

LIC IPO unlikely to take place this fiscal due to delay in valuation

Once listed, LIC is likely to become one of the biggest domestic companies with an estimated valuation of Rs 8-10 lakh crore

19 Dec 2021 1:08 PM

LIC chief calls for joint efforts to address protection gaps

For an emerging economy, protection gaps may pose multiple problems, according to LIC

18 Oct 2021 8:22 AM

Centre likely to sell 25 per cent stake in LIC; Rahul Gandhi slams move

The government is likely to float an IPO (Initial Public Offering) to raise the necessary amount of money

08 Sep 2020 2:38 PM

Kotak may unravel truth behind infra major fall

The present financial mess at IL&FS could have been averted if the proactive measures were taken then.

31 Oct 2018 12:42 AM


LIC taken to court for funding cigarette firm

The petition further said while the government is committed to tackling the problem of tobacco and its ill.

18 Apr 2017 2:27 AM

Cabinet clears pension scheme for seniors

Cabinet chaired by PM Modi gave its post-facto approval for launching of Varishtha Pension Bima Yojana 2017.

25 Jan 2017 2:57 AM