LIC

LIC IPO: The government plans to list LIC, which is held to be the country's largest listing, in the last quarter this financial year

The District Commission ordered LIC to pay and settle the claim under all the 13 policies

Listing may spill over into FY23 as geopolitical tensions roil markets

The meeting will also consider payment of dividend, if any, LIC said

Sharing embedded value expected to instill confidence in the markets about the insurer's transparency

Here is the best of Business Standard's opinion pieces for Wednesday.

The insurance behemoth's shares hit an intra-day low of Rs 860 and a high of Rs 920, not coming closer to the issue price but providing small investors an opportunity to exit with nominal gains.

Most large floats by the government have failed to create long-term wealth for investors

The poor listing is set to disappoint millions of small-time investors who bid enthusiastically for the issue because of their long and emotional association with the insurer and its products

Business Standard brings you the top headlines on Tuesday

The country's largest insurer LIC is the fifth most valuable company in the country with a market capitalisation of about Rs 5.54 lakh crore.

Insurance stocks underperformed the frontline indices on Tuesday following a faded listing of state-run giant Life Insurance Corporation.

LIC has now become the fifth most valuable listed Indian company with a market capitalisation of Rs 5.72 trillion on the BSE as of 10:08 am, the exchange data shows.

Volatility in global markets and selling pressure in the domestic stock market are likely to cast a shadow on LIC's listing

Stocks to Watch Today: At 7:30 am, the SGX Nifty futures were quoting at 15,890 levels, hinting at an opening gain of 40-50 odd points for the Nifty.

LIC IPO closed on May 9 and shares were allocated to bidders on May 12

Business Standard brings you the top headlines on Monday

Life insurance companies logged 84 per cent growth in their cumulative new business premium at Rs 17,940 crore in April 2022, primarily helped by LIC, Irdai data showed.

Industry players said the refund process for LIC's IPO will complete on May 13 - the same day when Delhivery IPO closes

Sees participation from 3.6 mn individual investors; policyholders lead