Page 25 - Lic

Working group monitoring back-end tech readiness for LIC IPO: DIPAM Secy

In a Q&A, Tuhin Kanta Pandey that as crores of applications are expected, testing to that scale is needed to avoid hiccups in the application process and movement of funds

Union Budget 2022: Approval on FDI policy tweak to facilitate LIC IPO

The industry department will soon seek the approval of the Union cabinet regarding the same

At $8.65 bn, LIC 10th most valued insurance brand globally: Report

Life Insurance Corporation, which is bound for the nation's largest share sale by March, is the strongest and the largest brand in the country with a valuation of $8.656 billion

DPIIT to soon approach Cabinet on FDI proposal for LIC: Secretary

DPIIT will soon approach the Cabinet to seek its approval on changes in the FDI policy to facilitate disinvestment of the country's largest insurer LIC, a top government official said on Wednesday.

Budget 2022: Divestment target for FY23 set at a modest Rs 65,000 crore

FY22 divestment mop up revised to Rs 78,000 crore from Rs 1.75 trillion pegged earlier

Budget 2022: Slashed asset sale target raises questions about LIC IPO

'We should not conjecture on size of LIC IPO as valuation still underway,' says DIPAM Secretary

Top headlines: LIC gets IPO-ready, NBFCs brace for headwinds, and more

Business Standard brings you the top headlines at this hour.

Govt extends term of IPO-bound LIC's chairman & MD by one year

Earlier, his term was extended by nine months in June last year

Getting IPO-ready: LIC boosts shareholders' corpus to Rs 6,600 crore

The move is to ensure a much larger shareholder base ahead of IPO

Centre extends tenure of IPO-bound LIC's chairman by one more year

The government has extended the tenure of chairman of IPO-bound LIC by one more year with a view to facilitate smooth listing of the insurance behemoth, sources said.

Centre seeks regulatory fast track for LIC ahead of India's largest IPO

How successful any LIC stock sale will be, however, remains an open question

Govt has settled Rs 61,000 cr debt, liabilities of Air India: DIPAM Secy

In a Q&A, Tuhin Pandey also said govt plans to list LIC in this financial year

LIC to list on bourses by March 31, says DIPAM Secretary

'LIC disinvestment amount will be included in this year's (Budget) because we aim to list it before March 31,' says Tuhin Kanta Pandey

LIC exits Air India debt at a profit, sells back entire Rs 3,800 cr holding

LIC and State Bank of India were top investors in AI's debt

Top headlines: Vaccine cost may be capped at Rs 275; India celebrates R-Day

Business Standard brings you the top headlines on Wednesday

LIC's net profit zooms to Rs 1,437 crore in H1FY22 ahead of IPO

The government is expected to mop up around Rs 1 trillion from LIC's IPO

IPO-bound LIC's H1FY22 profit after tax surges to Rs 1,437 crore

Its new business premium growth rate stood at 554.1 per cent in H1FY22

Centre to get cracking on IDBI Bank sale once LIC IPO is launched

With LIC IPO being top priority, other plans take back seat

Investment bankers, officials in race against time to launch LIC IPO

The market regulator took average 76 days to decide on 110 DRHPs filed in the past two years

LIC IPO: Search for anchor investors begins, govt may seek higher valuation

Govt asks I-bankers to approach big investors