Tag: Lic

LIC
LIC IPO May Come In 2nd Half Of FY21, Says Finance Secretary

New Delhi: Listing of insurance behemoth Life Insurance Corporation (LIC) may be done in the second half of the next financial year, Finance Secretary Rajiv Kumar said on Sunday. Finance Minister Nirmala Sitharaman while presenting the Budget 2020-21 on Saturday announced stake sale in LIC through an initial public offer in the next fiscal. There […]

  • Tuesday, 20 April 2021
LIC Wage Hike
LIC Employees To Get Over 25% Wage Hike As Centre Effects Revised Pay Packets, Check Details

New Delhi: The new fiscal year 2020-21 has started for about 1.14 lakh employees of Life Insurance Corporation of India (LIC) on a happy note with over 25 per cent…

  • Friday, 16 April 2021
Centre Proposes To Raise LIC's Authorised Capital To Rs 25K Cr
Centre Proposes To Raise LIC's Authorised Capital To Rs 25K Cr

New Delhi: With a view of listing the state-run insurance major Life Insurance Corporation of India (LIC), the government has proposed to raise the authorised capital of LIC to Rs 25,000 crore. As per the amendments proposed under the Finance Bill 2021, the authorised share capital of LIC shall be Rs 25,000 crore divided into […]

  • Sunday, 04 April 2021
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