LIC Shares Trades Ex-Dividend Today
Focusing on Stock Today’s attention will be on the Life Insurance Corporation (LIC) of India, also known as LIC stock, whose shares will trade ex-dividend...
Tag : LIC
LIC Surges as Macquarie Analyst Suresh Ganapathy Upgrades Stock
Shares of Life Insurance Corporation of India (LIC) rose more than 3% on Aug. 16 after Macquarie Capital Securities analyst Suresh Ganapathy upgraded the stock...
RBI Allows IDBI Bank Bidders to Own More Than 40%
The government and LIC want to sell 51-74% of the lender through a strategic divestment. The official said the banking regulator had informed that it would...
ITC Returns to Top 10 in India by Market Cap, Shares Up 10% in One Month
Shares of ITC have been on an uptrend since the last week of February 2022. The stock has continued to rise over the past four-and-a-half...
LIC Plans to Sell Reliance Capital Bonds For Rs 3,400 Crore
On Monday, LIC had planned to sell its bonds worth Rs 3,400 crore, which were issued by Reliance Capital (RCAP) but did not find any...
Modi Government Reduces LWE-Affected districts by 70%: Amit Shah
On Tuesday, Union Home Minister Amit Shah said the Narendra Modi government had reduced the number of areas of the districts affected by left-wing extremism...
LIC Becomes 5th Largest Post IPO with Market Capitalization of Rs 6 trillion
Life Insurance Company of India (LIC) is set to launch the most extensive initial public offering (IPO) in the history of the Indian capital market,...
Mega Indian Insurers Reduces IPO Size as Ukraine War Damages Valuations
India is seeking to raise 300 billion rupees ($3.9 billion) through an initial public offering of state-owned life insurance companies, according to people familiar with...
Life Insurers Report New Business Premiums Up 37% In March
New business premiums (NBP) for life insurers rose 37 per cent to Rs 59,608.92 crore in March 2022, with market leader LIC recording a 51...
Govt Modifies FEMA Rules To Allow 20% FDI In LIC
The government has amended the Foreign Exchange Management Act (FEMA) rules, paving the way for up to 20 per cent foreign direct investment by insurance...