Page 19 - Lic

LIC says govt nominee Pankaj Jain ceases to be director on board

The new director nominated by the government is Suchindra Mishra, it said.

Determining of embedded value likely to be completed by July 15: LIC

It is informed that the exercise of determining the Indian Embedded Value (IEV) as on March 31, 2022, may take some more time to get completed, LIC said in a statement.

15-yr record in IPO filing with Sebi belies market volatility, shows data

This high number of DRHP filing - or intent shown by companies to go public - paints a bullish picture.

Vedanta turns to LIC for Rs 5,000 cr as offshore borrowing gets costlier

Fund to be raised via 10-yr bonds; another Rs 2K cr to come via 18-month papers

In 5 yrs, we'd like to be No. 1 in bancassurance: LIC chairperson MR Kumar

We firmly believe that once the market stabilises, our inherent strength and performance will be recognised

LIC slips 5.8% as anchor investor lock-in ends; down 29% from issue price

LIC's stock traded at its lowest level since market debut on May 17, 2022

With $17-bn wipeout, LIC IPO among biggest wealth destroyers in Asia

LIC's shares are poised to fall for a 10th consecutive session, slipping as much as 5.6% Monday after a mandatory lock-up period for anchor investors ended Friday

Enter the dragon: Foreign investors turn positive as China shrugs off Covid

Some funds could reallocate from other EMs to China, posing fresh headwinds for India, which commands a steep valuation premium compared with other EMs

For the Modi government disinvestment hasn't been about earning money

The Modi government has earned twice as much from disinvestment as all previous governments combined have since 1991

Top headlines: RBI steps in to save rupee, power crisis deepens, and more

India's Minister of State for New and Renewable Energy Bhagwanth Khuba launched a "Ghar Ke Upar Solar Is Super" - another of those catchily-named schemes that characterise the Narendra Modi government

Investors lose Rs 1.2 trn as LIC shares tumble 20% below issue price

Those investors who had put their money in LIC IPO had experienced a heavy depreciation in their portfolio, as the shares of the insurance major have been tumbling ever since its exchange listing

LIC hits new low since listing; market cap falls below Rs 5 trillion

Since listing, LIC has lost Rs 56,000 crore of market-cap from Rs 5.54 trillion to Rs 4.98 trillion

Top headlines: LIC stock hits new low; Rs 76k-cr military projects approved

Business Standard brings you top news of the evening

LIC at new low: The story of India's biggest insurer's stock since listing

From the govt's announcement of plans to divest its stake in LIC, to its debut on the exchanges, to touching a new low, here is a snapshot of this journey so far

Life Insurance Corporation: This elephant can't dance, says Emkay Global

Emkay Global Financial Services, a leading domestic brokerage has initiated coverage on the stock with a 'hold' rating with a target price of Rs 875

Stocks to Watch: LIC, Bata, AUSFB, Bharat Dynamics, REL, SBI Cards, HDFC Bk

Stocks to Watch Today: AU Small Finance Bank will be in focus as the company has set June 10 as the record date for the proposed 1:1 bonus issue.

LIC booked Rs 42,000 cr profit from equity markets in FY22, up 16% YoY

The LIC management clarified on Tuesday that profit should be looked at from the full-year perspective

LIC Q4 result review: Hits, misses, and the road ahead for investors

LIC Q4 review: Post Tuesday's share price decline, the insurer has slipped one position to India's seventh most valuable firm after ICICI Bank

Determination of LIC's embedded value likely to be completed by June 30: MD

The Embedded Value (EV) is a measure of the consolidated value of shareholders' interest in the life insurance business.

Stocks to Watch: LIC, Delhivery, Sun Pharma, Vodafone Idea, IRCTC, SpiceJet

Stocks to Watch: Investors will react to LIC and Delhivery's Q4 numbers. The domestic GDP data for March quarter, slated to be released later today, will also be keenly monitored.