With $17 Billion Loss, LIC IPO Is A Colossal Wealth Killer
LIC’s IPO has turned out to be among Asia’s worst performing public offers this fiscalAn eye-popping $17 billion wipeout in market value has made Life Insurance Corp of India one…
LIC Shares Crash Below Rs 675, Down Nearly 30% From Issue Price
LIC’s market capitalisation plunges by Rs 1.7 lakh crore from issueLife Insurance Corporation’s stock crashed on Monday to below Rs 675 per share, tracking the broader equity benchmarks’ plunge on…