New Delhi [India], October 7 (ANI): The Government of India and Life Insurance Corporation of India (LIC) will together divest 60.72 per cent stake in IDBI Bank. The government on Friday invited the expression of interest for the divestment of stakes in the bank.
New Delhi [India], August 12 (ANI): Life Insurance Corporation of India (LIC), the country's largest insurer, on Friday said its net profit jumped to Rs 682.88 crore for the quarter ended June 30, 2022, sharply higher than a mere Rs 2.94 crore net profit recorded in the corresponding period
New Delhi [India], July 6 (ANI): Insurance heavyweight Life Insurance Corporation of India (LIC) has not grabbed headlines in a manner that was widely expected prior to its much-anticipated mega-listing in the Indian stock exchanges.
Mumbai (Maharashtra) [India], June 13 (ANI): The share price of Life Insurance Corporation of India (LIC) crashed by around 6 per cent on Monday as the end of the lock-in period for anchor investors intensified selling.
Mumbai (Maharashtra) [India], June 9 (ANI): Share price of Life Insurance Corporation of India (LIC) slumped to a new record low of Rs 723.70 on Thursday, which is nearly 25 per cent down from its IPO issue price of Rs 949.
Mumbai (Maharashtra) [India], June 7 (ANI): Share price of Life Insurance Corporation of India (LIC) slumped to a new record low of Rs 751 on Tuesday, which is over 20 per cent down from its IPO issue price of Rs 949.
Mumbai (Maharashtra) [India], June 6 (ANI): Share price of Life Insurance Corporation of India (LIC) slumped to a record low of Rs 782.45 on Monday, which is 17.55 per cent down from its IPO issue price of Rs 949.
Mumbai (Maharashtra)/New Delhi [India], May 18 (ANI/NewsVoir): Cyril Amarchand Mangaldas advised the Life Insurance Corporation of India (the "Corporation") and the President of India, acting through the Ministry of Finance, Government of India (the "Selling Shareholder") on its recent initi
Mumbai (Maharashtra) [India], May 17 (ANI): The much-awaited stock market listing of Life Insurance Corporation of India has failed to cheer investors as the scrip debuted at around 9 per cent discount at Rs 867.20 apiece at the BSE on Tuesday against its issue price of Rs 949.
Mumbai (Maharashtra) [India], May 17 (ANI): Life Insurance Corporation of India on Tuesday made stock market debut at Rs 865 per share, which is around 9 per cent lower than the issue price of Rs 949 a piece.
Mumbai (Maharashtra) [India], May 16 (ANI): Life Insurance Corporation of India will make its stock market debut on Tuesday. Shares are likely to get listed below their issue prices, grey market data indicates.