IDBI Bank divestment on track: Govt
The central government and LIC together plan to sell 60.72% of shares in IDBI Bank.
life insurance corporation
March 2023
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December 2022
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June 2022
LIC, HDFC Life shares tank as govt lifts tax exemption on high-value insurance policies
Finance Minister Nirmala Sitharaman reduced the tax exemption limit on high-value insurance policies.
Adani Group exposure at 0.97% of total AUM: LIC
The total purchase value of equity, purchased over the last many years, under all the Adani group companies is ₹30,127 crore, says LIC.
LIC: Elephant Learning to Dance
The debutant that ranks at No.2 on Fortune 500 India list comes with a rich legacy, but post-listing it needs to prove its chops.
India Inc. Delivers An Encore
Elite top 500 club of India Inc. records best-ever topline growth of 35% to ₹119 lakh cr and impressive 60% jump in profit to ₹9.97 lakh cr. Hyper-growth narrative may, however, change next year.
LIC flop show continues; shares hit fresh all-time low
LIC's current market cap stands at ₹3.9 lakh crore, a huge fall from ₹6 lakh crore on its listing day, eroding investors’ wealth by around ₹2.1 lakh crore.
LIC hits fresh record low; falls 32% below issue price
LIC shares have eroded investors’ wealth by ₹1.9 lakh crore as m-cap fell to ₹4.1 lakh crore as compared to the valuation of around ₹6 lakh crore during the listing.
LIC shares surge 3% post robust Q1; should you buy, hold, or sell?
LIC has reported multifold growth in its net profit at ₹682.89 crore in Q1 FY23, compared to ₹2.94 crore in the Covid-disrupted last year’s June quarter.
LIC share rises on rating boost; JP Morgan sees 29% upside
JP Morgan India has initiated coverage on LIC of India with an 'overweight' rating and a target price of ₹840.
Jittery anchor investors crucial link to LIC share price crash
Every LIC IPO subscriber holding on to its shares is making a loss of ₹280.75 per share as on June 13, 2022, which is likely to increase as more of anchor investor shares flood the market.
