LIC
Markets
LIC IPO: The numbers to know
State-owned insurance behemoth Life Insurance Corp. of India on Sunday evening filed draft papers for the most-anticipated public...
Consumer
Govt to sell 5% of LIC equity via OFS; no fresh issue
The government will sell 5% of its stake in the country largest insurer Life Insurance Corporation of India (LIC) through ......
Markets
LIC to open India's biggest IPO issue by mid-March - sources
Life Insurance Corporation, India's largest insurer, is likely to file a draft prospectus as early as end of this month ......
Finance
Law firms bid to work on LIC IPO as government sweetens terms
Four law firms, including two of India's biggest, have bid to advise the state-run Life Insurance Corporation (LIC) on its...
Finance
HDFC Life to acquire 100% stake in Exide Life for $915 mn
Homegrown insurer HDFC Life Insurance Company Ltd. will fully acquire stake in Exide Life Insurance, the insurance unit of battery...
Finance
India to list LIC by current fiscal year end, says govt official
The Indian government expects to list state-owned Life Insurance Corp (LIC) by the end of the current fiscal year, and ......
Finance
Investors offer massive haircuts for LIC's $1 bn stressed loan accounts
At least five large investors including private equity players have bid very low to acquire stressed corporate loans worth about...
Markets
Private equity-backed firms won't stop partying in IPO markets anytime soon
Firms backed by private equity played a meaty role in the huge IPO rush seen this year and there’s no ......
Finance
Central govt gives in-principle nod for strategic divestment in IDBI Bank
The government has given an in-principle approval for strategic divestment along with transfer of management control of IDBI Bank...
Finance
India likely to announce stake sales of IDBI Bank, LIC
India's government plans to announce the sale of a 10% to 15% stake in state-run Life Insurance Corp, the country's ......
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