LIC, SBI and BoB are also sponsors of UTI AMC and hold more than 10 per cent stake individually in the AMC and trustee company of UTIMF
The total dilution in the IPO could be 33 per cent
The Commission held that LIC can't be allowed to wake up after 11 years and then issue a circular that would violate the sanctity of the contract of insurance issued by it
With the new development, the Centre will automatically get the 60% share that the state of Jammu and Kashmir holds, but via the Union Territories
The company has also become the first NBFC to avail of the RBI's credit enhancement scheme by raising Rs 250 crore in bonds from LIC
The move is likely to help 4.59 lakh housing units across the country. Only RERA-registered projects with positive networth will be provided funds.
This issuance is through private placement basis with a door-to-door tenure of 10 years, and the proceeds will be utilised by the company for its normal course of business operations
The two were promoted by the government through an order dated Friday
The LIC assistant prelim exam admit card or the LIC assistant exam hall ticket can be downloaded till October 31
Life Insurance Corporation (LIC) has released the LIC ADO Mains Result 2019 at licindia.in; steps to check
IDBI Bank will post net loss in September and probably in the December quarter too but it can come out of the woods
From PM Modi urging investors to come to India and invest to LIC's stake in private sector dropping to 16-year-low, here are the top 10 business headlines on Thursday
The top rung is unchanged but overall brand value growth slows to 6% in 2019 from 34% in the previous year: BrandZ
Public sector's share in portfolio stands at third-highest level since liberalisation
State-owned life insurance giant deemed trading member; may have to divest holding to below 5 per cent
All government job seekers can apply for LIC assistant posts 2019 on licindia.in as October 1 is the last date for registration
One single misstep in the Budget forced foreign portfolio investors to take billions of dollars out of India resulting in massive erosion of shareholder wealth
As of the June quarter, the value of insurer's holdings in listed companies stood at Rs 5.43 trillion
From LIC equity kitty taking a hit to crude oil prices rising due to shortage in supply, here are the top 10 business headlines on Tuesday
Visit the official website of LIC Housing Finance to know more