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LIC AAO Prelims Result 2023 released at licindia.in, get ink to download result

LIC Assistant Administrative Officer Prelims Result 2023 on March 10.

LIC AAO Prelims Result 2023 released at licindia.in
Published on Mar 10, 2023 06:34 PM IST

Family's financial security top priority among Indians post-pandemic: Survey

The second edition of the Life Goals Preparedness Survey 2023, which was released on Thursday, surveyed 1,936 people in 13 cities, including metros, Tier 1 and emerging Tier 2 cities, learnt about their life goals, aspirations, influencers, and readiness to achieve these goals.

71% of the respondents have financial security for their family as the most important life goal.
Published on Feb 17, 2023 11:11 PM IST

LIC AAO Prelims Call Letter 2023: How to download admit card at licindia.in

LIC AAO Prelims Call Letter 2023 releasing soon. Candidates can download the admit card through these simple steps given below.

LIC AAO Prelims Call Letter 2023: How to download admit card at licindia.in(HT file)
Published on Feb 07, 2023 12:33 PM IST
By, New Delhi

LIC AAO Recruitment 2023: Last date today to register at licindia.in, link here

LIC AAO Recruitment 2023 registration ends today, January 31, 2023. Candidates can apply online through the direct link given below.

LIC AAO Recruitment 2023: Last date today to register at licindia.in, link here (HT file)
Published on Jan 31, 2023 12:54 PM IST
By, New Delhi

LIC says it will talk to Adani over short seller allegation: Report

India's LIC on Monday said it will talk to management of Adani Group days amid the Hindenburg row.

Adani group has lost nearly $70 billion in the last three days after Hindenburg Research's criticism sent stocks in its companies plunging. (File)
Published on Jan 30, 2023 03:05 PM IST
Reuters | | Posted by Ritu Maria Johny

LIC doubles down on Adani amid Hindenburg's fraud claims

LIC is an investor in five Adani companies, with stakes ranging from 1% to 9% that was worth a total of 722.68 billion rupees on Jan. 24 — just before the Hindenburg report was published.

A man walks past a hoarding of Life Insurance Corporation of India (LIC) in Mumbai.(REUTERS file)
Published on Jan 28, 2023 08:50 AM IST
Bloomberg |

Market cap of 10 most valued firms erodes by 1.68 lakh crore: Report

Market sentiment remained weak amid surging COVID cases in China and a few other nations, while stronger US growth data cemented expectations of the Federal Reserve continuing with its hawkish stance.

Last week, the Sensex tumbled 1,492.52 points or 2.43 per cent(Bloomberg)
Published on Dec 25, 2022 01:41 PM IST
PTI | | Posted by Aryan Prakash

LIC services now available on WhatsApp. Check details

To avail these services, policyholders should text ‘Hi’ on the mobile number 8976862090, said LIC in a press release.

Life Insurance Corporation of India (HT Archive/Used only for representation)
Published on Dec 02, 2022 03:17 PM IST
By, New Delhi

Fortune 500 list: Debutant LIC breaks into top 100 at 98th position

This is the first outing of LIC on the list, which ranks listed companies by sales. Meanwhile Reliance, with revenue of USD 93.98 billion and a net profit of USD 8.15 billion in the latest year, has moved to 104th place.

A man walks past a hoarding of Life Insurance Corporation of India (LIC) in Mumbai.(REUTERS file)
Published on Aug 03, 2022 10:10 PM IST
PTI |

LIC shares hit record low of 782.45, market cap slips below 5 lakh crore

LIC share is trading in the red for the fifth straight session. The recent slump has dragged Life Insurance Corporation of India's market capitalisation below ₹5 lakh crore for the first time.

An exterior view of Life Insurance Corporation of India's (LIC) headquarters, in Mumbai.(Reuters File Photo)
Published on Jun 06, 2022 04:36 PM IST
ANI | , Mumbai

LIC reports lower profit in Q4; declares 1.50 per share dividend

India's biggest insurer and largest domestic financial investor also announced a dividend of 1.50 rupees per share with a face value of 10 rupees each, it said in a regulatory filing on Monday.

LIC(HT File)
Published on May 30, 2022 08:02 PM IST
Reuters | , Mumbai

How LIC's IPO, India's biggest, ended in a downbeat debut

Having missed out on last year's IPO frenzy, shares in India's biggest insurer opened at 872 rupees apiece, compared to their issue price of 949 rupees. They touched a session high of 918.95 rupees.

Shares in Life Insurance Corp of India (LIC) dropped 7.8% on their market debut on Tuesday, May 17, 2022.(HT File)
Published on May 17, 2022 11:58 PM IST
Reuters |

Video: ‘3..2…1’- The moment LIC made much-anticipated market debut

Founded in 1956 by nationalising and combining more than 240 firms, LIC has for decades been the synonymous with life insurance until the entry of private companies in 2000, experts say. The LIC IPO - India's largest - fetched the government ₹20,557 crore.

LIC chairperson Mangalam Ramasubramanian Kumar ringing the opening bell.
Published on May 17, 2022 11:24 AM IST
Written by Ishika Yadav | Edited by Swati Bhasin

LIC market debut lacklustre after record IPO: 10 points 

LIC market debut: The LIC IPO has been the country's largest so far but a weak debut comes as a disappointment. 

LIC market debut: The insurance behemoth had a record IPO last week. ((ANI) )
Published on May 17, 2022 09:22 AM IST
By | Edited by Swati Bhasin

LIC IPO to be listed on stock markets tomorrow. Check share price, other details

LIC is the biggest IPO offering in the country, and had closed with nearly 3 times subscription, mostly by retail and institutional buyers. The foreign investor participation was muted.

LIC will list its shares on the stock exchanges on Tuesday(HT File)
Published on May 16, 2022 07:36 PM IST
By | Edited by Aryan Prakash

LIC Debut puts millions of small investors' faith to test

Prime Minister Narendra Modi’s government raised $2.7 billion by selling shares in Life Insurance Corporation of India, including to millions of families nationwide that hold LIC policies.

An exterior view of Life Insurance Corporation of India's (LIC) headquarters, in Mumbai(Reuters File Photo)
Published on May 16, 2022 08:51 AM IST
Bloomberg |

India raises 205.6 billion in LIC IPO priced at top of range, 949 a share

Life Insurance Corporation of India will offer at 949 rupees a share, the state-run firm said in a prospectus filed Friday.

A man walks past a hoarding of Life Insurance Corporation of India (LIC) in Mumbai.(Reuters file)
Published on May 13, 2022 10:17 AM IST
Bloomberg |

LIC IPO: Supreme Court refuses interim relief on pleas seeking stay of allotment

LIC IPO share allotment: Those who have applied for shares will be able to check the IPO allotment status by either logging in to the BSE website or that of its registrar KFin Technologies Ltd.

LIC IPO share allotment expected on Thursday(MINT_PRINT)
Published on May 12, 2022 12:55 PM IST

LIC IPO share allotment status announced: Know how and where to check online

Earlier, Department of Investment and Public Asset Management (DIPAM) secretary Tuhin Kanta Pandey had said that the allotment of the IPO share will be done on May 12.

LIC IPO share allotment status today. (BLOOMBERG.)
Updated on May 13, 2022 01:49 PM IST
Written by Manjiri Sachin Chitre | Edited by Chandrashekar Srinivasan

LIC IPO: Why foreign investors shunned India's biggest share sale

While the anchor portion of the IPO drew in sovereign funds from Norway and Singapore, most of the shares went to domestic mutual funds.

State-owned insurance giant, LIC, closes its Initial Public Offering. (BLOOMBERG.)
Published on May 09, 2022 11:07 PM IST
Bloomberg |

LIC IPO last day: Issue subscribed nearly 3 times | Top 10 points 

As many as 11.20 crore bids were received for the 3.95 crore shares earmarked for the segment.

The LIC had fixed the price band at <span class='webrupee'>₹</span>902-949 per equity share for the issue.(AFP file)
Updated on May 09, 2022 08:11 PM IST
By, New Delhi

Afternoon brief: LIC IPO subscription closes today

Here are today’s top news, analysis, and opinion. Know all about the latest news and other news updates from Hindustan Times.

After nearly a week of bidding, the subscription period for the $2.7 billion public offering of Life Insurance Corporation of India is set to end on Monday.
Published on May 09, 2022 12:46 PM IST

On LIC IPO, Rahul Gandhi says Modi govt undervalued insurance behemoth

State-owned LIC's IPO – the country's biggest-ever offer – opened for subscription by retail and institutional investors a day ago (May 4) and will close on May 9.

Congress leader Rahul Gandhi.(PTI)
Published on May 05, 2022 07:43 PM IST
Written by Shubhangi Gupta | Edited by Sohini Goswami, New Delhi

LIC IPO sees 100% subscription on Day 2; issue to remain open on weekend

The IPO will close on May 9. The government aims to generate about ₹21,000 crore by diluting its 3.5 per cent stake in the insurance behemoth.

All India United Trade Union Centre activists shout slogans during their protest over the LIC's IPO in Kolkata, (PTI)
Updated on May 05, 2022 08:12 PM IST
By | Written by Aniruddha Dhar

Delhivery IPO to open on May 11; sets price band at 462-487 per share

At the upper end of the price band, the company is valued at ₹35,284 crore, Delhivery announced in a virtual press conference.

State-owned insurance giant, LIC, opened its Initial Public Offering on May 4, Wednesday amid volatile domestic and global markets. (BLOOMBERG.)
Published on May 05, 2022 05:49 PM IST
PTI |

LIC IPO is credit positive for India's life insurance sector: Moody's

According to Moody's, while LIC complies with the Insurance Regulatory and Development Authority of India's (IRDAI's) solvency requirements, its capital adequacy is weaker than that of global life insurance peers.

Representative image.(HT File)
Published on May 05, 2022 05:45 PM IST
ANI |

LIC’s record IPO set to be fully sold as valuation drives demand

By Thursday, the second day of the offering, investors had already put in orders for 79% of the shares for sales in India’s biggest IPO.

An exterior view of Life Insurance Corporation of India's (LIC) headquarters, in Mumbai. (Reuters File Photo)
Published on May 05, 2022 01:54 PM IST
Bloomberg |

LIC IPO: On Day 1, overall subscription at 67% | Key updates 

The LIC has fixed the price band at ₹902-949 per equity share for the issue. The offer includes a reservation for eligible employees and policyholders.

A man walks past a hoarding of Life Insurance Corporation of India (LIC) in Mumbai.(REUTERS file)
Updated on May 04, 2022 09:00 PM IST
By | Written by Aniruddha Dhar, New Delhi

LIC IPO booked over 30% so far, bids to stay open Saturday for retail investors

Retail investors can place their orders for shares of state-controlled Life Insurance Corporation of India until May 9.

A man cleans a hoarding of Life Insurance Corporation of India (LIC) before the start of a news conference about the LIC initial public offering (IPO) launch, in Kolkata, (REUTERS File Photo)
Published on May 04, 2022 01:15 PM IST
Agencies |

LIC IPO: Norway, Singapore wealth funds invest in India's largest public issue

LIC’s IPO, which had previously been touted as India’s Aramco moment in reference to the $29.4 billion listing of Gulf oil giant Saudi Arabian Oil Co., is testing the depth of India’s capital market.

State-owned insurance giant, LIC, opens its Initial Public Offering on May 4, Wednesday amid volatile domestic and global markets.
Published on May 04, 2022 09:54 AM IST
Bloomberg |
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