Page 5 - Life Insurance Corporation

Top headlines: PM calls for dialogue on Ukraine, 800 drugs to get costlier

Fund manager Mark Mobius says he sees more downside in equity markets amid the invasion of Ukraine. More on that in our top headlines.

LIC IPO: 10.8 million eligible to avail of policyholders' quota

LIC had over 282 million policies in force as of September 30, 2021, but policyholders tend to have more than one policy

Top headlines: Amazon, Future may bury hatchet; Eveready Chairman, MD quit

Business Standard brings you the top headlines on Thursday

SBI Life, HDFC Life shares jump on reports of likely delay in LIC IPO

SBI Life shares settled 5.7 per cent higher at Rs 1,120, whereas HDFC Life 7.0 per cent up at Rs 560

Govt may review timing of LIC IPO amid Ukraine crisis: FM Sitharaman

'If global considerations warrant that I need to look at it (LIC IPO), I wouldn't mind looking at it again,' says FM

Top headlines: India skips UNSC vote on Russia, LIC IPO pricing in limbo

Russia-India defence sales face looming sanctions. More on that in our top headlines.

Cabinet likely to consider proposal for FDI in IPO-bound LIC on Saturday

The initial public offering of over 31.6 crore shares or 5 per cent government stake is likely to hit D-street in March

Top headlines: US to consult India on Ukraine, India Inc faces margin dip

The Centre will wait and watch how the Russia-Ukraine crisis affects the stock markets before taking a call on deferring the IPO of LIC. More on this in our top headlines.

Top headlines: Ukraine president pleads for peace, oil shock may sting

Mutual funds are keeping their powder dry to invest in LIC's IPO that is expected to hit the market next month

LIC IPO will test India's market depth, says Moelis India's Manisha Girotra

"The LIC IPO will suck liquidity from the market. That's another reason that you will see the markets getting volatile," said Girotra.

Lot of buzz, interest in market for LIC IPO: FM Nirmala Sitharaman

On February 13, the state-owned insurer filed draft papers with capital markets regulator Sebi for the sale of a 5 per cent stake by the government for an estimated Rs 63,000 crore

LIC says PMJJBY policyholders are not eligible for 'quota benefits'

LIC issued a clarification saying Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) subscribers are not eligible to avail the benefits offered to policyholders in the proposed IPO

Potential investors in LIC IPO fret over govt's control of insurer: Report

LIC has in recent years been a key buyer of shares in state-owned firms sold off by New Delhi, often bailing out less-than-successful public issues of shares

Top headlines: Putin accelerates Ukraine crisis; India set to unlock data

LIC has not paid any dividends in nearly three years, something that may have helped shore up the insurer's net worth ahead of its IPO. More on that in our top headlines.

IDBI Bank a strategic partner, don't want to exit it fully: LIC chairman

Kumar says investors need not worry about govt control post IPO

LIC 3.0 to be listed, nimble and agile, say M R Kumar & K R Ashok

If there is any capital requirement, we will have to approach not only the government but all shareholders, said Kumar

Profits of insurers, manufacturing firms cannot be compared, says LIC chief

LIC Chairman M R Kumar on Monday said profits of insurance companies cannot be compared with that of manufacturing companies as dynamics of the businesses are different.

LIC largest holder of G-secs, equities, household savings: Report

The IPO-bound national insurer LIC is not only the largest holder of government debt -- owning 19 per cent of the G-secs -- but also the single largest owner of equities

Top headlines: NSE in firefighting mode, super app space heats up

Business Standard brings you the top headlines at this hour

IPO-bound LIC's FY21 profit picture not so pretty compared to size

FY21 profit of Rs 4,579 cr would make it 34th most profitable listed firm