Page 14 - Lic

How listing will transform LIC

The proposed listing will render Life Insurance Corporation more transparent and efficient. And certainly, it would enable policyholders to make a significant contribution to the economy

Easier said than done: Complexity of listing LIC, India's top life insurer

Variegated ownership, a size more than Budget 2020-21, a difficult-to-determine valuation and a slew of other factors make the LIC sale a herculean task

Letter to BS: Unfair to discriminate between govt and LIC pensioners

LIC pensioners have been fighting their cases for over 20 years

Will involve retail investors in LIC IPO, says FM Nirmala Sitharaman

Move will benefit employees, policy holders and agents, says LIC chairman

Top 10 biz headlines: Maruti EV plans delayed, unemployment data and more

From Maruti putting EV plans on hold to the government releasing new unemployment data, here are the top business headlines of the day.

Govt hopeful of selling minority stake in LIC in next fiscal, says DEA Secy

The government aims to garner Rs 90,000 crore from the listing of LIC and stake dilution in IDBI Bank in the next fiscal out of total disinvestment target of Rs 2.10 trillion.

LIC IPO: Staff union to hold walkout strike in protests against move

The walk-out will take place at all offices of the insurance behemoth across the country

LIC IPO: Interest of policyholders will be protected, says Anurag Thakur

Listing of LIC will help bring in greater transparency, public participation and also deepen the equity market, he said

Divestment to help both LIC and government, says Jayant Sinha

Sinha praised Sitharaman saying she addressed the economic situation, fiscal deficit and macro-economics very well

Small Bang theory: Irrational expectations, and uneventful Budget

Modi likes the budget to be a low-key, routine, annual statement of accounts. Big bang announcements can be made through the year, when it suits his politics

'Against national interest': LIC divestment move faces unions' ire

The new income tax slabs announced Saturday appear aimed at Delhi voters, particularly younger entrants to the job market or those employed in the gig economy

LIC may become biggest firm by m-cap; valuation can hit Rs 10 trn: Experts

Finance Minister Nirmala Sitharaman on Saturday said LIC will be listed as part of the government disinvestment initiative

Budget 2020: A K Bhattacharya on major takeaways for the Indian economy

What did the finance minister have in the Budget for the Indian economy? Listen to the podcast to know

LIC will be IPO of the decade, akin to Saudi Aramco listing: Experts

Currently, the government owns the entire 100 per cent stake in LIC.

Market Wrap, Feb 1: Sensex tumbles nearly 1,000 pts as Budget disappoints

The government proposes to sell a part of its holding in LIC through initial public offer, Finance Minister Nirmala Sitharaman said while unveiling Budget 2020-21

LIC Housing Q3 profit marginally falls to Rs 602 cr on high provisioning

The consolidated income in the third quarter of 2019-20 rose to Rs 5,006.12 crore, from Rs 4,465.76 crore in same period year ago

Need cost-effective products for lower-middle class: LIC chairman

LIC chairman said although life insurance had been one of the fastest-growing sectors in India, the vast uninsured population and market potential put the achievement of insurance players in the shade

LIC Pension and Group Scheme Vertical's premium income crosses Rs 1 trn

This is the first time ever any single vertical of the insurer has crossed this record premium income figure

LIC pays Rs 2,611 cr dividend to govt, generated Rs 53,214.41 cr in 2018-19

LIC Chairman M R Kumar handed over the cheque to Finance Minister Nirmala Sitharaman in presence of Finance Secretary Rajiv Kumar and Special Secretary Debasish Panda

Top 10 biz headlines: Boeing crisis, LIC's investment portfolio, and more

From Indian Railways rationalising fares to fall in bank credit growth, here are the top 10 business headlines for the day