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. Adds LIC response ...

The government plans to sell a $1-1.5 billion stake in LIC by year-end to boost public shareholding to 10%, meeting Sebi ...

LIC’s mega IPO closed for subscription on May 9, and the stock will make its stock market debut on May 17 The success of the LIC IPO and its valuation will present a big opportunity for the insurtech ...

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May 17 (Reuters) - Life Insurance Corporation of India (LIFI.NS), opens new tab fell nearly 8% on their market debut on Tuesday despite the country's largest ever IPO being oversubscribed at the top ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. LIC or the Life Insurance Corporation ...

NEW DELHI, Feb 14 (Reuters) - The Indian government has set the ball rolling for the country's biggest initial public offering (IPO) by March-end, filing draft papers, opens new tab for a share sale ...

The state-run insurer has seen its market share plummet amid the pandemic, largely due to its agent-reliant model Between June 2020 and January 2022, LIC’s market share has gone from 74% to 61% in ...