LIC listing

NEW DELHI -Shares in Life Insurance Corp of India () dropped 7.8% on their market debut on Tuesday after India's biggest initial public offering (IPO) was dogged for weeks by worries about an ailing global economy. The government raised…

Disappointed by a 7.8% plunge that made for the world’s second-worst trading debut among large IPOs this year, shareholders of state-run Life Insurance Corp. of India will be counting on a bumper dividend if Prime Minister Narendra Modi’s…

“LIC adds one more option for fund managers to own and my personal preference is still the private life insurers. At some point of time, depending on price and depending on how performs, that view can change but for that, LIC will need to…

The key benchmark indices started Tuesday's session with nominal gains as Asian marekts advanced. The climbed 95 points to 15,930. Among the Sensex-30 shares, Tata Steel, Bajaj Finance, IndusInd Bank, Axis Bank, HUL, Dr Reddy's, RIL,…

Shares of Life Insurance Corporation (LIC) are seen slipping below their issue price of Rs 949 per share during their stock market debut on Tuesday. The stock could list…

Life Insurance Corporation of India (LIC) is launching the biggest initial public offering (IPO) in the history of the Indian capital market at about Rs 21,000 crore.…

The board of Life Insurance Corporation of India (LIC) will meet Tuesday to consider the launch dates for the company’s initial public offering (IPO). The meeting…

India has sounded out Abu Dhabi Investment Authority, Singapore-based GIC, three Canadian pension funds and Qatar Investment Authority among other sovereign wealth funds and pension funds on being anchor investors in Life Insurance…

Life Insurance Corporation of India (LIC) has asked all its policyholders to update their Permanent Account Number (PAN) details in their policy record by February 28 to be eligible for participating in its upcoming public issue, according…