• 

  Cabinet allows up to 20% FDI in IPO-bound LIC: Sources

  Business | February 26, 2022 20:29 IST

  The decision in this regard was taken by the Union Cabinet, chaired by Prime Minister Narendra Modi. The government has approved listing of shares of LIC on the stock market through an IPO by part-sale of its stake in the insurer and raising fresh equity capital.

• 

  LIC IPO: Govt to sell 31 crore equity shares in one of India's largest sales

  February 13, 2022 23:57 IST

  LIC's listing is crucial for the government to meet the lowered revenue estimates of Rs 78,000 crore for the current financial year. The government had an initial target of Rs 1.75 lakh crore from the disinvestment proceeds.

• 

  LIC IPO to hit markets by March; draft papers to be filed with Sebi by January end

  Business | January 13, 2022 19:17 IST

  LIC IPO is crucial for meeting the ₹1.75-lakh crore disinvestment target set for the current financial year ended March 2022.

• 

  Govt refutes speculation over LIC IPO's delay, says it is 'on course'

  Business | December 20, 2021 11:50 IST

  The government is banking on the listing of LIC IPO and BPCL strategic sales for meeting its disinvestment.

• 

  LIC IPO unlikely to take place this fiscal due to delay in valuation

  Business | December 19, 2021 14:57 IST

  There are still some issues that need to be addressed with regard to the valuation of LIC, a senior official of one of the merchant bankers said. 

• 

  LIC AE, AAO Admit Card 2021 released, how to download

  October 22, 2021 7:45 IST

  LIC AE, AAO exam is scheduled to be held on October 31. Download hall ticket at licindia.in  

• 

  LIC to file draft IPO papers with Sebi by November

  Business | October 03, 2021 11:29 IST

  Once the draft red herring prospectus (DRHP) is filed, merchant bankers will hold global and domestic road shows for investors by January, the official said.

• 

  LIC AAO Prelims Result 2021 declared, how to check

  September 29, 2021 11:32 IST

  Candidates who had appeared for the preliminary examination can check the result on the official website of LIC- licindia.in. The prelims was earlier conducted on August 28  

• 

  LIC IPO Update: 10 merchant bankers appointed for managing insurer's mega initial public offering

  September 10, 2021 10:13 IST

  The listing of LIC will be crucial for the government in meeting its disinvestment target of Rs 1.75 lakh crore for 2021-22 (April-March). 

• 

  Over 58.82 crore Covid vaccine doses administered in India so far: Govt

  India | August 23, 2021 23:11 IST

  According to the 7 pm provisional report, 56,10,116 vaccine doses have been administered on Monday, the ministry said. 

• 

  LIC launches campaign for policyholders to revive lapsed policies

  Business | August 23, 2021 18:58 IST

  Under the 'Special Revival Campaign', policies of specific eligible plans can be revived within five years from the date of the first unpaid premium, subject to certain terms and conditions, the insurer said in a release.

Advertisement
• 

  LIC Credit Card: Enjoy no-cost EMIs, 2X reward points premium payment, bonus on Lumine, Eclat cards

  Business | July 31, 2021 12:54 IST

  The LIC credit cardholders will apparently be able to gain access to a range of new benefits that have been termed, ‘the best in class'.

• 

  LIC IPO: Govt likely to invite bids from merchant bankers in July

  Business | July 04, 2021 12:25 IST

  Up to 10 per cent of the LIC IPO issue size would be reserved for policyholders.

• 

  Govt extends retirement age of LIC chairman to 62 years

  Business | July 02, 2021 18:23 IST

  The government has extended the superannuation age of IPO-bound LIC Chairman to up to 62 years by making amendment to the Life Insurance Corporation of India (Staff) Regulations, 1960. 

• 

  LIC launches Saral Pension Plan: Earn minimum Rs 12,000 pension yearly; Details

  July 02, 2021 12:36 IST

  The Life Insurance Corporation (LIC) has launched a new annuity plan. The new scheme is called -- LIC Saral Pension plan.

• 

  LIC Cards launches RuPay prepaid gift card 'Shagun'

  Business | June 16, 2021 15:26 IST

  The purpose of this card is to expand the gift card market with an intent to promote cashless ways of gifting and present a wide range of end-use choices and in future foray into the market of e-gift cards, LIC CSL said in a statement.

• 

  IPO-bound LIC warns against misuse of its iconic logo

  Business | June 13, 2021 11:03 IST

  LIC has issued a public warning over the unauthorized use or misuse of its iconic logo by anybody.

• 

  Cabinet approves strategic disinvestment of IDBI Bank

  Business | May 05, 2021 18:48 IST

  The Cabinet Committee on Economic Affairs (CCEA) has given its in-principle approval for strategic disinvestment along with transfer of management control in IDBI Bank Ltd.

• 

  LIC employees to get Saturday off with immediate effect

  Business | April 16, 2021 16:04 IST

  LIC Saturday Holiday, Salary hike: LIC employees will now get off on Saturday. The government has also announced salary hike for LIC employees.

• 

  LIC Kanyadaan policy: Raise Rs 27 lakh with an investment of Rs 130 daily – Details

  April 16, 2021 15:25 IST

  LIC Kanyadan policy seeks to help parents with low earnings in raising a corpus for the marriage of daughters.