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LIC Investors, Customers Need Not Worry Amid Adani Concerns: Official
Shareholders and customers of state-run Life Insurance Corp (LIC) should not be concerned about its exposure to Adani group, as the insurer is a diversified long-term investor in the market, a top government official told Reuters.
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LIC Set For Lacklustre Market Debut, Experts Say
Life Insurance Corp is likely to see a lacklustre debut when it lists on Indian stock exchanges on Tuesday despite the $2.7 billion initial public offering being oversubscribed, analysts said.
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LIC Prices IPO At Rs 949 Per Share, Top End Of Indicated Range: Report
India's Life Insurance Corp (LIC) has priced its initial public offering at the top of the indicated range, at Rs 949 ($12.28), a source familiar with the matter said on Friday.
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LIC IPO Fully Booked, Focus Shifts To Listing On May 17: Key Highlights
LIC's Mega IPO: India's biggest-ever initial public offering (IPO), by Life Insurance Corp (LIC), is fully booked under all categories and the focus shifts to the listing on stock exchanges on May 17.
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LIC Gets Market Regulator SEBI's Nod For IPO: Report
LIC IPO: India's market regulator has approved state-owned Life Insurance Corp's (LIC) initial public offering worth about $8 billion, TV channel ET Now reported on Wednesday, citing sources.
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LIC Likely To Launch $8 Billion IPO On March 11: Report
A public offering of shares by India's state-run Life Insurance Corp (LIC), set to be the country's biggest ever at $8 billion, is expected to open for anchor investors on March 11, three sources with direct knowledge of the matter told Reuters.
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Four Key Facts About Insurance Giant LIC As Mega IPO Nears
The government has set the ball rolling for the country's biggest initial public offering (IPO) by March-end, filing draft papers for a share sale by state-owned insurance giant Life Insurance Corp of India (LIC) with regulators on Sunday.
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IPO Momentum To Continue In 2022 As Companies Likely To Raise Rs 1.5 Lakh Crore
In 2022, the higher amount of funds through the primary market will be largely driven by the mega IPO of state-owned Life Insurance Corp (LIC).
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Government Aims To Privatise 5-6 State-Owned Companies In Current Fiscal
Government is aiming to close the privatisation of BEML and Shipping Corp of India and to list state-owned Life Insurance Corp.
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LIC Seeks To Appoint CFO Before Its Mega IPO Planned In 2021-22
State-backed Life Insurance Corp of India (LIC) is seeking to appoint a chief financial officer, according to a notification on its website, ahead of an initial public offering slated before the end of the fiscal year.
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Government May Block Chinese Investment In LIC's Mega IPO: Report
The centre wants to block Chinese investors from buying shares in insurance firm Life Insurance Corp which is due to go public, four senior government officials and a banker told news agency Reuters, underscoring tensions between the two nations.
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Government Likely To Block Chinese Investment In Insurance Giant LIC's IPO: Report
The Centre wants to block Chinese investors from buying shares in Indian insurance giant Life Insurance Corp (LIC) which is due to go public, four senior government officials and a banker told news agency Reuters, underscoring tensions between the two nations.
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HDFC Life To Buy Exide's Insurance Business For Rs 6,687 Crore
The deal comes at a time the country is gearing up for the initial public offering of state-owned insurer Life Insurance Corp of India.
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Citigroup, Kotak Mahindra, Among 10 Others Selected To Manage LIC IPO
10 investment banks including Goldman Sachs, Citigroup, Kotak Mahindra, SBI Caps are selected to handle the initial public offering of Life Insurance Corp of India planned for this fiscal
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West Bengal Finance Minister Urges Centre To Desist From Privatising Insurance Firms
West Bengal Finance Minister has urged Union Finance Minister Nirmala Sitharaman not to go ahead with the privatisation of public insurance companies.
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LIC Investors, Customers Need Not Worry Amid Adani Concerns: Official
Shareholders and customers of state-run Life Insurance Corp (LIC) should not be concerned about its exposure to Adani group, as the insurer is a diversified long-term investor in the market, a top government official told Reuters.
-
LIC Set For Lacklustre Market Debut, Experts Say
Life Insurance Corp is likely to see a lacklustre debut when it lists on Indian stock exchanges on Tuesday despite the $2.7 billion initial public offering being oversubscribed, analysts said.
-
LIC Prices IPO At Rs 949 Per Share, Top End Of Indicated Range: Report
India's Life Insurance Corp (LIC) has priced its initial public offering at the top of the indicated range, at Rs 949 ($12.28), a source familiar with the matter said on Friday.
-
LIC IPO Fully Booked, Focus Shifts To Listing On May 17: Key Highlights
LIC's Mega IPO: India's biggest-ever initial public offering (IPO), by Life Insurance Corp (LIC), is fully booked under all categories and the focus shifts to the listing on stock exchanges on May 17.
-
LIC Gets Market Regulator SEBI's Nod For IPO: Report
LIC IPO: India's market regulator has approved state-owned Life Insurance Corp's (LIC) initial public offering worth about $8 billion, TV channel ET Now reported on Wednesday, citing sources.
-
LIC Likely To Launch $8 Billion IPO On March 11: Report
A public offering of shares by India's state-run Life Insurance Corp (LIC), set to be the country's biggest ever at $8 billion, is expected to open for anchor investors on March 11, three sources with direct knowledge of the matter told Reuters.
-
Four Key Facts About Insurance Giant LIC As Mega IPO Nears
The government has set the ball rolling for the country's biggest initial public offering (IPO) by March-end, filing draft papers for a share sale by state-owned insurance giant Life Insurance Corp of India (LIC) with regulators on Sunday.
-
IPO Momentum To Continue In 2022 As Companies Likely To Raise Rs 1.5 Lakh Crore
In 2022, the higher amount of funds through the primary market will be largely driven by the mega IPO of state-owned Life Insurance Corp (LIC).
-
Government Aims To Privatise 5-6 State-Owned Companies In Current Fiscal
Government is aiming to close the privatisation of BEML and Shipping Corp of India and to list state-owned Life Insurance Corp.
-
LIC Seeks To Appoint CFO Before Its Mega IPO Planned In 2021-22
State-backed Life Insurance Corp of India (LIC) is seeking to appoint a chief financial officer, according to a notification on its website, ahead of an initial public offering slated before the end of the fiscal year.
-
Government May Block Chinese Investment In LIC's Mega IPO: Report
The centre wants to block Chinese investors from buying shares in insurance firm Life Insurance Corp which is due to go public, four senior government officials and a banker told news agency Reuters, underscoring tensions between the two nations.
-
Government Likely To Block Chinese Investment In Insurance Giant LIC's IPO: Report
The Centre wants to block Chinese investors from buying shares in Indian insurance giant Life Insurance Corp (LIC) which is due to go public, four senior government officials and a banker told news agency Reuters, underscoring tensions between the two nations.
-
HDFC Life To Buy Exide's Insurance Business For Rs 6,687 Crore
The deal comes at a time the country is gearing up for the initial public offering of state-owned insurer Life Insurance Corp of India.
-
Citigroup, Kotak Mahindra, Among 10 Others Selected To Manage LIC IPO
10 investment banks including Goldman Sachs, Citigroup, Kotak Mahindra, SBI Caps are selected to handle the initial public offering of Life Insurance Corp of India planned for this fiscal
-
West Bengal Finance Minister Urges Centre To Desist From Privatising Insurance Firms
West Bengal Finance Minister has urged Union Finance Minister Nirmala Sitharaman not to go ahead with the privatisation of public insurance companies.
