LIC
How LIC made a killing with its equity strategyIndian equity markets plunged over 40 per cent from January highs to a four-year low on March 24 when a nationwide lockdown triggered a pan...
- FinMin appoints Milliman Advisors for valuing LIC pre-IPO
The firm was chosen from three in the race including EY Actuarial Services and Willis Towers Watson Actuarial Advisory.
- LIC sells 2% stake in ICICI Bank
The insurer sold 13.8 crore shares, representing 2.002% stake of ICICI Bank, over a period of November 27 to December 24, 2020, the bank sa...
- Bhagyalakshmi scheme: LIC seeks continuity as Karnataka ropes in India Post
With interest rates softening and the economy running into a downspin, LIC had conveyed its inability to give 1 lakh on the initial investm...
- LIC IPO: EY, Milliman and Willis Towers Watson in race for actuarial firm appointment
The firms have made presentations to the government on Thursday, following which financial bids have been opened.
- Canara Bank raises Rs 2,000 cr via QIP; LIC largest investor
LIC emerged as the largest investor in the bank's qualified institutional placement (QIP) issue.
- Day trading guide for Wednesday
One needs to be cautious as long-legged candles are usually indecisive and can bring in short-term reversal.
- Day trading guide: Nifty has immediate support at 13,250-13,200 levels
In today’s trade, Nifty breadth was unimpressive as 30 out of Nifty50 constituents ended lower.
- LIC IPO: Dipam extends deadline for bids to appoint actuarial firm
Taking the next step towards the public listing of the country’s largest public insurer, the Department of Investment and Public Asset Mana...
- BSE-NSE bulk deals: Blackrock Emerging Market Fund sells nearly 48 lakh shares of LIC Housing Finance
Blackrock Emerging Market Fund Inc sold over 47.79 lakh shares of LIC Housing Finance at Rs 329.18 per share. On the other hand, Integrated...
- Up 400% in two years, one of Damani's favourite unlisted bets spinning money
RK Damani held 2.39 per cent (73,69,263 shares) of the company as of March 31, 2019. His shareholding increased by 55 basis points to 2.94 ...
- FinMin invites bids from actuarial firms for valuing LIC ahead of IPO
In the bid notice, the Department of Investment and Public Asset Management (DIPAM) said LIC needs to develop an Indian Embedded Value (IEV...
- When interest rates are low, how to make money in the fixed income space?
Wealth advisers say safety of investment is of paramount importance in fixed income assets, so one should not run after more returns just f...
- LIC raises stake to 5.27% in IRB Infrastructure Developers Ltd
Recently, the company had announced that Yedeshi Aurangabad BOT Project implemented by Yedeshi Aurangabad Tollway Limited ("SPY") which is ...
- Stock market news: LIC Housing Finance shares climbs over 2%
A total of 147,485 shares changed hands on the counter till 11:57AM (IST).
- At Rs 15,000 cr, LIC touches 80% of FY20 equity gains in H1 itself
LIC has invested about Rs 50,000 crore in the last six months in Indian equities, the official said.
- LIC keen to divest its stake in IDBI Bank: Report
Life Insurance Corporation had a 51 per cent stake in the bank as of September 30, while the government had 47.11 per cent.
- Rakesh Jhunjhunwala, LIC hiked stake in this pharma company in Q2
Total holdings of mutual fund houses in the company also increased to 12.58 per cent from 11.94 per cent on a quarter-on-quarter basis, dat...
- LIC Housing sees record monthly disbursals in Sept
In July, the mortgage lender had slashed home loan rates to an all-time low interest rate of 6.9 per cent for home loan borrowers.
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