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Life Insurance Corporation
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
 "IPO: to take glide path for surplus LIC transfer from next year")
The District Commission ordered LIC to pay and settle the claim under all the 13 policies
The meeting will also consider payment of dividend, if any, LIC said
 "LIC to declare Q4 financial results and consider dividend next week")
Sharing embedded value expected to instill confidence in the markets about the insurer's transparency
 "Disclose embedded value for September-March period: Centre to LIC")
Last year, the transfer of Rs 99,126 crore was for a nine-month period ended March 2021
 "RBI to transfer Rs 30K cr surplus to govt for FY22; lowest amount in 8 yrs")
The worst was that of chip manufacturer ASR Microelectronics, whose shares had slumped 34% in Shanghai during their trading debut in January following its $1.1 billion IPO
 "LIC's listing-day show second-worst globally for big IPOs this year")
We will ramp up digital channels and make tactical tweaks on equity investments to please policyholders, said M R Kumar
 "Policyholders who missed out on allotment will pick up LIC shares: MR Kumar")
Insurer owns shares aggregating Rs 7,000 crore
 "Adani-Holcim deal: LIC may exit Ambuja Cements, ACC via open offer")
LIC listing: The debut was below expectations, and also lower than the discounted value at which shares were offered to policyholders (Rs 60 per share) and retail investors (Rs 45 per share)
 "LIC listing: After discounted debut, Macquarie sets Rs 1,000 as target")
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. Life Insurance Corporation (LIC) made a tepid stock market debut on Tuesday following a mega IPO which fetched Rs 20,557 crore to the exchequer. The shares listed on stock exchanges at over 8 per cent discount over its issue price of Rs 949 apiece. Shares of LIC closed at Rs 875.45, down Rs 73.55 or 7.75 per cent over the issue price, on the BSE. At this price, LIC is valued at nearly Rs 5.54 lakh crore. The market capitalisation of LIC is higher than that of HUL (Rs 5.27 lakh crore), ICICI Bank (Rs 4.94 lakh crore), SBI (Rs 4.17 lakh crore) and HDFC (Rs 3.97 lakh crore), as per the BSE data. Reliance Industries is the most valued company with a market capitalisation of Rs 17.12 lakh crore, followed by Tata Consultancy Services (Rs 12.67 lakh crore), HDFC Bank (Rs 7.29 lakh crore) and Infosys (Rs 6.38 lakh crore). Market capitalisation is th