LIC
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Government of India plans to sell its 25% stake in LIC to the General Public Bidders
India is on its way to seek cabinet's permission to sell a 25% stake in the nation's largest life insurer, LIC, as Prime Minister Narendra Modi is attempting to find resources to plug a widening gap.
LIC IPO may be bigger than anyone imagined
Government of India plans to sell a 25% stake in the company
LIC raises stake to 3.97% in NSE listed companies
Life Insurance Corp. of India (LIC), the largest insurance company in the country, raised its stake in publicly listed companies on the NSE to 3.97% in the April - June period.
LIC’s gross NPA rises to 8.17% in FY 20
The gross non-performing assets (NPA) ratio of the debt portfolio of Life Insurance Corporation of India (LIC) rose to an all-time high of 8.17 percent at the end of FY20, a data point that will come under the spotlight in a year when the life insurer readies itself for an initial public offering.
Share Of GAIL rose by 5% after LIC takes stake equity
Share Of GAIL rose by 5% after LIC takes stake equity. Which have risen by 5% on Thursday after Life Insurance Corporation bought 2.014% of stakes.
LIC India’s major shareholders and renowned choice maker
LIC is one of India's major shareholders. Indian stock indices plunged 40% after reaching a record high in January 2020.
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