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The Latest Breaking News from LIC

Bhopal: Help pours in for Covid orphan battling loan recovery notices

BHOPAL: From the Madhya Pradesh government to individuals and private firms, help poured in on Sunday for the Bhopal Class X topper, a Covid orphan who was getting recovery notices from LIC for a home loan her late father had taken.

The Times of India

Tata Group most valuable Indian brand: Top UK firm

NEW DELHI: The Tata Group remains the most valuable Indian brand and its oldest company — Taj Hotels — has emerged as the strongest brand in India, according to UK-based Brand Finance (BF), which is the world's leading sectoral valuation consultancy.

The Times of India

Determination of embedded value 'work in progress': LIC MD

MUMBAI: State-owned Life Insurance Corporation of India (LIC) on Tuesday said the exercise of determining its embedded value as on March 2022 is a "work in progress" and is likely to be completed by the end of next month.

The Times of India

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LIC to declare financial results for FY22 on May 30; board to consider dividend payment

NEW DELHI: The board of directors of the state-owned Life Insurance Corporation of India (LIC) is scheduled to meet at the end of this month to declare the financial results for the fiscal year ended March 2022.

The Times of India

Aramco-style dividend is what LIC investors seek post flop debut

NEW DELHI: 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 Corporation (LIC) of India will be counting on a bumper dividend if government wants them to stay put.

The Times of India

Sensex zooms 1,345 points led by gains across sectors; Nifty settles at 16,259

NEW DELHI: Equity indices extended gains to second session on Tuesday with the benchmark BSE sensex rising over 1,300 points led by gains across all sectors.

The Times of India

LIC sees lacklustre debut in stock market; lists at over 8% discount

LIC lists on NSE at ₹872 per share, down 8.11% over the issue price of ₹949

The Hindu

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Business: LIC share lists at 8.11 per cent discount at Rs 872 on NSE

The country's largest insurer LIC on Tuesday listed its shares at a discount of 8.11 per cent at Rs 872 per share on the NSE. Read details on Dynamite News:

Dynamite News

LIC shares to make stock market debut on Tuesday: All you need to know

NEW DELHI: After much anticipation, India's biggest initial public offer (IPO) is all set to make its market debut on Tuesday.

The Times of India

Faith of millions of small investors put to test with LIC debut

NEW DELHI: Millions of Indians investing in the country’s biggest listing could turn sour on the equity market if the stock follows the poor performance of its state-run predecessors.

The Times of India

LIC IPO share allotment: How to check your status

NEW DELHI: India's biggest initial public offer (IPO) by Life Insurance Corporation (LIC) received a stellar response from investors.

The Times of India

LIC IPO lifted by domestic investors, example of Atmanirbhar Bharat: Dipam secretary

NEW DELHI: Terming LIC IPO as an example of Atmanirbhar Bharat in the context of Indian stock markets, Dipam secretary Tuhin Kanta Pandey on Monday said this issue has been predominantly lifted by domestic investors.

The Times of India

LIC IPO subscription closes: Issue oversubscribed nearly 3 times

NEW DELHI: India's biggest ever initial public offer (IPO) by Life Insurance Corporaation (LIC) received a stellar response from all categories of investors.

The Times of India

Foreign investors shun LIC IPO over market risks

NEW DELHI: Foreign institutional investors have on the whole steered clear of India’s biggest share sale, deeming it too expensive given currency risks and the global market backdrop.

The Times of India

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The Hindu

Fire breaks out at LIC building in suburban Mumbai

‘It was restricted to the second floor of the building,’ LIC said in a statement

The Times of India

LIC IPO's retail portion fully subscribed on day 3; offer closes on Monday

NEW DELHI: LIC's public offer, the country's biggest-ever IPO, witnessed full subscription of the retail portion on day three on Friday.

Dynamite News

Business: Retail portion of LIC IPO subscribed fully

The retail portion of LIC IPO, the country's biggest-ever, was subscribed fully in the first hour of bidding on day three on Friday. Full story on Dynamite News:

The Times of India

LIC IPO fully subscribed on day 2 of bidding

NEW DELHI: India's biggest initial public offer (IPO) by insurance behemoth Life Insurance Corporation (LIC) was fully subscribed on day 2 bidding, data from exchanges showed.

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The Times of India

LIC IPO undervalued by Modi govt, says Rahul Gandhi

NEW DELHI: Congress leader Rahul Gandhi on Thursday blamed the Modi government for undervaluing India's biggest initial public offering (IPO) by Life Insurance Corporation (LIC).

The Times of India

LIC public offer to remain open for subscription on Saturday and Sunday

NEW DELHI: LIC public offer will remain open for subscription even on weekend to enable people to participate in the mega IPO of the state-owned insurer.

The Hindu

Staff members in all eight divisions of LIC protest

‘Govt. is desperate to sell shares of LIC to mop up resources for meeting fiscal deficit’

The Hindu

LIC employees stage protest in Dharwad opposing IPO

They say that the Government has undervalued it several times that would cause irreparable damage

The Hindu

LIC employees protest IPO

MYSURU

The Times of India

ASBA-designated bank branches to remain open on Sunday for LIC IPO: Reserve Bank

MUMBAI: Reserve Bank of India (RBI) has said that all ASBA-designated bank branches will remain open for public on Sunday to facilitate processing of applications for LIC's initial public offering.

The Times of India

LIC IPO: Policyholders' portion oversubscribed; overall subscription at 66% on day 1

NEW DELHI: LIC's public offer, the country's biggest-ever IPO, saw the policyholders' portion being oversubscribed on the first day itself on Wednesday, though overall subscription stood at just 66 per cent.

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