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LIC stake
LIC STAKE NEWS
Finance Ministry invites bids from transaction advisors for LIC IPO
June 19, 2020 2:43 pm
The advisors can submit their bids beginning Friday, till July 13, 2020. The bids would be opened by DIPAM on July 14.
Proposed IPO of LIC to benefit insurance industry: Fitch
February 26, 2020 5:12 pm
Fitch said it expects that the initial public offering (IPO), once executed, may also encourage some of the other private sector insurance companies to list some of their shares in the stock market over the medium term, although the current insurance regulation does not require all insurers to be listed publicly.
Narendra Modi rally: LIC stakes in PSUs turn into gold mine as stocks soar 400%
June 17, 2014 5:25 pm
PSU stocks have rallied up to 396% since Narendra Modi was named BJP’s PM candidate on September 13, 2013.
LIC trims stake in Ranbaxy to 6 per cent
December 23, 2013 4:50 pm
State-owned LIC has offloaded 45,08,036 shares,constituting 2.01 per in Ranbaxy.
LIC's PSU stake buy 'loss' at Rs 3,000 cr
September 01, 2013 3:18 pm
In the last fiscal,the government has raised Rs 23,920 crore through disinvestment.
FIIs,DIIs hike buys in Gitanjali Gems shares in quarter,despite controversy
July 25, 2013 3:28 pm
Sebi suspended trading activities of 26 entities,including Gitanjali Gems' Mehul Choksi.
LIC sells 2.13 per cent stake in Dr. Reddy's Laboratories
May 13, 2013 6:54 pm
LIC shareholding in India's second largest drug maker Dr. Reddy's Laboratories fell to 4.1%.
LIC cuts stake in Tata Global Beverages to 11.79 pc
June 29, 2012 9:10 pm
Life Insurance Corporation of India has reduced its stake in Tata Global Beverages to 11.79 per cent by selling two per cent shareholding over a period of four months.
LIC,IIFCL may take stake in DMIC project
February 29, 2012 8:22 pm
Life insurance major LIC and India Infrastructure Finance Company (IIFCL) are expected to acquire stakes in the government's ambitious USD 100-billion Delhi Mumbai Industrial Corridor project,an official said today.
LIC acquires 10% stake in Andhra Bank
June 28, 2011 8:34 pm
India's largest insurer,LIC,has hiked its stake in state-run Andhra Bank.
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