LIC disinvestment

LIC IPO, Privatization Will Kill Jobs, Impact Social Work: LIC Employee Union Who would have thought that a potential initial public offering may become a cause of huge destruction. Interestingly, the mega initial public offering of…

74% FDI is permitted in the insurance sector but this is not applicable to LIC. The government is considering bringing in foreign direct investment (FDI) in the Life Insurance Corporation of India (LIC) ahead of its IPO. The…

LIC warns its customers of circulating fraudsters, posing as LIC or IRDAI agents and officials. In a tweet addressing all the life insurance holders, the Indian insurance and investment corporation, Life Insurance Corporation warned…

Invest Rs 160/Day In This LIC Plan, And Get Rs 23 Lakh Tax Free On Maturity: Find Out More About LIC's Money Back Plan India’s largest life-insurance company LIC has now come up with a new money-back policy, branching into two types,…

Only 4 Govt Banks Now? Govt Determined To Sell PSU Banks, PSU Firms To Raise Money The number of public sector banks (PSBs) could be shrunk from 12 to 4 now, via privatisation or consolidation. On July 22, Department of Investment…

LIC's Bad Loans Soar To Rs 24,000 Crore, Profits Less Than Private Firms - Should LIC IPO Launch This Year? As per the reports coming in, the government’s plan to list LIC next fiscal may help unlock the life insurance behemoth’s true…

LIC IPO 2020: Govt Will Earn Rs 90,000 Crore By Selling 10% Stake; Who Will Control Rs 29 Lakh Cr Worth LIC Now? During the Budget 2020 speech, FM Finance Minister Nirmala Sitharaman stunned the market and the Indian citizens by…