The central government is considering selling its 2 to 3 percent stake in Life Insurance Corporation (LIC) during 2025-26.
The Rs 5,235 crore issue was opened for subscription between May 11 and May 13. The largest IPO ever, LIC, also turned out to be a major disappointment for investors. The stock stood at Rs 684 ...
The government currently holds a 96.5% stake in LIC, following the sale of a 3.5% stake through the company's initial public offering (IPO) in May 2022, which raised around ₹21,000 crore.
Overtaking LIC's IPO of worth Rs 20,557 crore in May 2022, Korean car manufacturer Hyundai Motor India's IPO of Rs 27,856 ...
LIC loses ₹965 crore as IndusInd Bank share ... which is likely to have a one-time impact on its earnings. During an internal review of processes related to other asset and other liability ...