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1 min read

LIC shares climb 3 percent after earnings announcement

Life Insurance Corporation of India saw a 3 per cent increase in its stock value following a 10 per…

PTI   


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3 mins read

The biggest IPOs in India’s history – LIC to Paytm, companies that have raised the most funds

India has witnessed several significant initial public offerings (IPOs) over the years that have no…

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3 mins read

Stock market closing: Nifty, Sensex close in green, Tata Motors, HCL take lead

Out of 2,788 stocks traded today on the exchange, 1,527 saw advances, while 1,175 saw declines. 234…

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2 mins read

HDFC Bank gains 1.5% after LIC gets nod to raise stake

HDFC Bank opened in the green on Monday morning, after LIC received a nod from the government to ra…

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1 min read

LIC sells over 2% stake in Sun Pharma for Rs 4,699 crore

"Corporation's shareholding in Sun Pharma has diluted from 12,05,24,944 to 7,22,68,890 equity s…

PTI   


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Mutual fund stake in NSE-listed cos at all time high; FPIs at 11-yr low

The share of Domestic Institutional Investors (DIIs), which includes domestic mutual funds, insuran…

PTI   


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2 mins read

SEBI grants LIC three more years to achieve 10% public shareholding

The Securities and Exchange Board of India (SEBI) has granted an additional three years of time to …

ANI   


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Govt grants one-time exemption to LIC to achieve 25% minimum public shareholding

The central government has granted a one-time exemption to Life Insurance Corporation of India (LIC…

ANI   


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5 mins read

Even after the LIC IPO, Indian government may be well short of its divestment target ⁠— for a third year in a row

The union government might miss the divestment target for financial year 2022, which will be the th…

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1 min read

FPI stake: Coforge, IDFC First Bank and Patanjali Foods see highest increase in Sept quarter

Coforge, IDFC First Bank and Patanjali Foods saw the highest increase in stake by FPIs in the Septe…

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2 mins read

Market value of LIC investment in Adani stocks hits ₹44,670 cr

LIC's biggest bet is Adani Ports & SEZ Ltd where it holds 9.12 per cent shares. At Wednesda…

PTI   


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1 min read

LIC to raise stake in Kotak Mahindra Bank to nearly 10%

The hike in stake by LIC is subject to RBI's master directions on prior approval for acquisiti…

PTI   


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IDBI Bank privatisation on track says DIPAM secretary

Debunking media reports which indicated a possibility of deferment of IDBI Bank disinvestment, the …

PTI   


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3 mins read

India’s oldest billionaire started his business after retiring from LIC

92-year-old Lachman Das Mittal is India’s oldest billionaire with a net worth of $2.5 billion as pe…

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3 mins read

If you want to predict LIC stock prices, look how the stock market moves

LIC might be an elephant that cannot dance, but when it does, it moves just the way the stock marke…

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1 min read

Govt raises over ₹4 lakh crores via disinvestment since 2014

The government has raised over ₹4.04 lakh crore through disinvestment and strategic sale of public …

PTI   


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IDBI Bank disinvestment: Govt. may extend dateline for submitting EoIs

In October, the government and the LIC decided to offload a little over 30 per cent each in IDBI Ba…

ANI   


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2 mins read

India’s biggest-ever IPO opens today — check out the important dates and details of LIC’s initial share sale

The government is looking to raise ₹21,000 crore by selling 22.13 crore shares or 3.5% stake in …

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LIC IPO: Second day to subscribe to the issue post poor demand on Day 1; GMP falls to ₹65

Today, May 5, is the second day to subscribe to the INR 21,000 crore IPO of the state-owned Life In…