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Centre Announces Welfare Measures For LIC Agents, Employees
The Ministry of Finance on Monday approved a series of welfare measures for the benefit of Life Insurance Corporation of India (LIC) agents and employees according to a release from the Ministry.
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LIC Front Running Case: SEBI Bans 5 Entities From Securities Market
Sebi on Thursday barred five entities, including an employee of Life Insurance Corporation of India (LIC), from the securities market and impounded illegal gains of Rs 2.44 crore made by them, in a case pertaining to front-running the trades of the state-owned insurer.
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LIC's Public Offer Subscribed 1.79 Times On 5th Day Of Issue: 10 Points
The initial public offer (IPO) of Life Insurance Corporation (LIC) was subscribed 1.79 times on the fifth day of subscription on Sunday, May 8, 2022. Government plans to raise Rs 21,000 crore through the public issue and the insurance behemoth has unleashed a major awareness blitzkrieg, exhorting policy holders, employees as well as the general pub...
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LIC's Initial Public Offer Subscribed 1.65 Times On Fourth Day Of Issue
The initial public offer of Life Insurance Corporation was subscribed 1.65 times on fourth day of subscription on Saturday, May 7, 2022
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LIC's Rs 21,000 Crore IPO Subscribed 67% On First Day
LIC IPO Highlights: The price band for LIC IPO is Rs 902-949 per equity share and the public issue will close on May 9. LIC policyholders will get a discount of Rs 60 per equity share, while retail investors and employees will get a discount of Rs 45 on each share
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Coal India IPO Also Offered Sops To Employees Like LIC. Read What Happened Then
Government had reserved 10 per cent of the total shares on sale for CIL employees and had offered a discount of 5 per cent to workers
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Anchor Investors Show "Excellent" Response To LIC IPO: Official
Life Insurance Corporation's IPO on Monday saw 'excellent' response from anchor investors, an official said
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LIC IPO Countdown Begins: In 3 Days For Policyholders. See Details
The insurance behemoth's public issue offer, India's biggest ever, is finally here and will start in three days on May 2 for policyholders, employees and anchor investors on May 2
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Wrong Time To Bring LIC's IPO, Says P Chidambaram
Mr Chidambaram wondered as to why the Government was desperate to bring the LIC IPO after it had missed the March 31, 2022 deadline
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LIC's Mega IPO: What's Employee Discount And How Is Price Band Decided In An IPO?
The Life Insurance Corporation's initial public offering is set to be one of the biggest in India's history.
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Employees To Get Discount On Subscribing LIC Shares. Details Here
LIC IPO: Life Insurance Corporation of India employees will get a discount on subscribing the company's shares under its initial public offer
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LIC's IPO, India's Biggest, To Open May 4, Price Band Rs 902-949: Sources
The Life Insurance Corporation's (LIC) long-awaited public issue offer, India's biggest, will be in the price band of Rs 902-949, with a Rs 60 discount to policyholders and a Rs 45 discount for retail investors and employees, according to government sources.
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LIC's Employees Union Pressure Government Against IPO Plan
LIC's employees union pressures against the government's IPO Plan, a day after finance minister indicated the centre was open to reviewing it.
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India's LIC Among Big IPOs To Watch In Asia Next Year
The queue of jumbo listings in Asia next year includes the world's second-largest battery maker in Seoul and an insurer with more than 1.2 million agents and 100,000 employees in Mumbai.
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Probe Agency Files Charge Sheet Against Ex-Employee Of LIC For Fraud
The Enforcement Directorate (ED) has filed a charge sheet against a former Life Insurance Corporation (LIC) employee based in Andhra Pradesh in a money laundering case linked to alleged misappropriation of Rs 1.82 crore.
-
Centre Announces Welfare Measures For LIC Agents, Employees
The Ministry of Finance on Monday approved a series of welfare measures for the benefit of Life Insurance Corporation of India (LIC) agents and employees according to a release from the Ministry.
-
LIC Front Running Case: SEBI Bans 5 Entities From Securities Market
Sebi on Thursday barred five entities, including an employee of Life Insurance Corporation of India (LIC), from the securities market and impounded illegal gains of Rs 2.44 crore made by them, in a case pertaining to front-running the trades of the state-owned insurer.
-
LIC's Public Offer Subscribed 1.79 Times On 5th Day Of Issue: 10 Points
The initial public offer (IPO) of Life Insurance Corporation (LIC) was subscribed 1.79 times on the fifth day of subscription on Sunday, May 8, 2022. Government plans to raise Rs 21,000 crore through the public issue and the insurance behemoth has unleashed a major awareness blitzkrieg, exhorting policy holders, employees as well as the general pub...
-
LIC's Initial Public Offer Subscribed 1.65 Times On Fourth Day Of Issue
The initial public offer of Life Insurance Corporation was subscribed 1.65 times on fourth day of subscription on Saturday, May 7, 2022
-
LIC's Rs 21,000 Crore IPO Subscribed 67% On First Day
LIC IPO Highlights: The price band for LIC IPO is Rs 902-949 per equity share and the public issue will close on May 9. LIC policyholders will get a discount of Rs 60 per equity share, while retail investors and employees will get a discount of Rs 45 on each share
-
Coal India IPO Also Offered Sops To Employees Like LIC. Read What Happened Then
Government had reserved 10 per cent of the total shares on sale for CIL employees and had offered a discount of 5 per cent to workers
-
Anchor Investors Show "Excellent" Response To LIC IPO: Official
Life Insurance Corporation's IPO on Monday saw 'excellent' response from anchor investors, an official said
-
LIC IPO Countdown Begins: In 3 Days For Policyholders. See Details
The insurance behemoth's public issue offer, India's biggest ever, is finally here and will start in three days on May 2 for policyholders, employees and anchor investors on May 2
-
Wrong Time To Bring LIC's IPO, Says P Chidambaram
Mr Chidambaram wondered as to why the Government was desperate to bring the LIC IPO after it had missed the March 31, 2022 deadline
-
LIC's Mega IPO: What's Employee Discount And How Is Price Band Decided In An IPO?
The Life Insurance Corporation's initial public offering is set to be one of the biggest in India's history.
-
Employees To Get Discount On Subscribing LIC Shares. Details Here
LIC IPO: Life Insurance Corporation of India employees will get a discount on subscribing the company's shares under its initial public offer
-
LIC's IPO, India's Biggest, To Open May 4, Price Band Rs 902-949: Sources
The Life Insurance Corporation's (LIC) long-awaited public issue offer, India's biggest, will be in the price band of Rs 902-949, with a Rs 60 discount to policyholders and a Rs 45 discount for retail investors and employees, according to government sources.
-
LIC's Employees Union Pressure Government Against IPO Plan
LIC's employees union pressures against the government's IPO Plan, a day after finance minister indicated the centre was open to reviewing it.
-
India's LIC Among Big IPOs To Watch In Asia Next Year
The queue of jumbo listings in Asia next year includes the world's second-largest battery maker in Seoul and an insurer with more than 1.2 million agents and 100,000 employees in Mumbai.
-
Probe Agency Files Charge Sheet Against Ex-Employee Of LIC For Fraud
The Enforcement Directorate (ED) has filed a charge sheet against a former Life Insurance Corporation (LIC) employee based in Andhra Pradesh in a money laundering case linked to alleged misappropriation of Rs 1.82 crore.
