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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
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…
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…
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…
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
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
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
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
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…
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…
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
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
IDBI Bank privatisation on track says DIPAM secretary
Debunking media reports which indicated a possibility of deferment of IDBI Bank disinvestment, the …
PTI
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…
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…
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
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
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 …
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…