LIC’s Embedded Value Set At Over Rs 5 Lakh Crore: Report
The embedded value will help establish the market valuation of LIC.New Delhi: State-run Life Insurance Corporation of India’s (LIC) embedded value has been finalised at more than Rs 5 lakh…
LIC Posts Net Profit Of Rs 1,437 Crore In April-Sept Period
LIC has reported a healthy profit in the first half of current fiscalMumbai: IPO-bound Life Insurance Corporation of India (LIC) on Tuesday reported a profit after tax of Rs 1,437…
India Pushing For $203 Billion Valuation For LIC
The government is planning to sell 5% to 10% of LIC before the end of March.India is pushing for a valuation of about Rs 15 lakh crore ($203 billion) for…
LIC, Biggest-Ever IPO For India, Will See Rules Being Changed: Report
As it sets the stage for the offering, LIC has been sending SMSs to policyholders.From adjusting capital-markets rules to sending phone messages and publishing newspaper advertisements, authorities and executives are…
LIC Seeks To Appoint CFO Before Its Mega IPO Planned In 2021-22
LIC is currently under going a valuation exercise for an IPO that could be India’s biggest ever.New Delhi: State-backed Life Insurance Corp of India (LIC) is seeking to appoint a…