Tag: Lic

LIC recruitment
LIC recruitment 2022: Apply for fresh vacancies, check selection process and last date 

Interested and eligible candidates can apply for the posts online by visiting the official website of LIC — licindia.in before October 10, 2022. 

  • Monday, 26 September 2022
PMVVY scheme
LIC pension plan: Get assured pension of 7.40 percent p.a under PMVVY scheme

For Financial Year 2022-23, the Scheme shall provide an assured pension of 7.40% p.a. payable monthly.

  • Saturday, 24 September 2022
LIC sees lacklustre debut in stock market, lists at over 8% discount
LIC Housing Finance PAT rises to Rs 925.48 crore in Q1FY23

Total revenue of the company grew 9 per cent to Rs 5,285.46 crore in the current quarter.

  • Thursday, 04 August 2022
State Bank of India
Rs 70,000 crore lying unclaimed with banks, insurers, MFs

The unclaimed deposits in the banks - deposits-SB/CA/fixed, not claimed for 10 years, was over Rs 48,200 crore last year, up from about Rs 39,200 crore in 2021 and about Rs 24,000 crore in 2020, as per the report.

  • Wednesday, 27 July 2022
Investors lose Rs 1.2 lakh cr as LIC shares tumble 20% below issue price
Investors lose Rs 1.2 lakh cr as LIC shares tumble 20% below issue price

The government had offloaded 3.5 per cent of its stake through the IPO route. The IPO valued LIC at Rs 6 lakh crore.

  • Tuesday, 07 June 2022
eMudhra makes exchange debut, lists with nearly 6% premium
eMudhra makes exchange debut, lists with nearly 6% premium

The shares listed at Rs 271 against its offer price of Rs 256.

  • Wednesday, 01 June 2022
LIC sees lacklustre debut in stock market, lists at over 8% discount
LIC sees lacklustre debut in stock market, lists at over 8% discount

Life Insurance Corporation (LIC) had fixed the issue price of its shares at Rs 949 apiece after a successful initial public offering, which was over subscribed nearly 3-times when it closed on May 9. The shares were lapped up mainly by retail and domestic investors, even as foreign investor demand was muted.

  • Tuesday, 17 May 2022
LIC IPO to make debut in BSE, NSE today; check details
LIC IPO to make debut in BSE, NSE today; check details

After rolling out Initial Public Offer (IPO) for public on May 4, India's largest insurance provider's share will be listed on the stock markets from today.

  • Tuesday, 17 May 2022
LIC to list on bourses on Tuesday
LIC to list on bourses on Tuesday

The share sale was initially planned to hit the markets in March. But the uncertainty in stock markets due to the Russia-Ukraine war pushed the issue to the current fiscal, which began in April.

  • Monday, 16 May 2022
LIC
LIC once listed would result into increased transparency: Moody's

"We expect post-IPO improvements in LIC's operating performance and profitability to drive comparable changes across the wider life insurance sector."

  • Thursday, 05 May 2022
LIC IPO opening triggers protests in Cuttack, Bhubaneswar; rollback demanded 
LIC IPO opening triggers protests in Cuttack, Bhubaneswar; rollback demanded 

Protesting against the move of the government, the employees of LIC Circle Office in Cuttack staged a two-hour-long demonstration. They demanded the rollback of the decision. 

  • Wednesday, 04 May 2022
LIC IPO: Policyholders' portion oversubscribed; overall subscription at 67 pc on day 1
LIC IPO: Policyholders' portion oversubscribed; overall subscription at 67 pc on day 1

LIC's initial public offering (IPO), open for retail and institutional investors, is set to close on May 9. The issue period also includes bidding on Saturday, May 7.

  • Wednesday, 04 May 2022
LIC, LIC IPO, Dalal Street
Dalal Street in focus as LIC IPO opens for subscription

The long-awaited Initial Public Offering (IPO) for the LIC will remain open to subscription till May 9.

  • Wednesday, 04 May 2022
LIC owns 4% of all listed stocks in India, more government bonds than the RBI
LIC owns 4% of all listed stocks in India, more government bonds than the RBI

As data suggest, its business is largely driven by agent based model (90 per cent plus), hence a larger digital on boarding of its network will be needed to pursue growth ahead.

  • Monday, 02 May 2022
lic
LIC IPO Explained: Everything You Should Know Before The Big Launch In May First Week

The LIC's IPO is finally opening next week. In this episode, we explain the valuation, price band, timing of launch, the post IPO probable scenario and more on India’s "biggest" ever public offering.

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  • Saturday, 30 April 2022
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