by AIP Online Bureau | Apr 29, 2022 | Indian News, Life, Workplace/Employee Benefits
The LIC IPO aims to raise as much as Rs 210 billion ($2.7 billion) by pricing shares between 902 rupees to Rs 949 rupees each. Norges Bank Investment Management, GIC Pte and Abu Dhabi Investment Authority will be among the anchor names due to be announced Monday, the...
by AIP Online Bureau | Apr 28, 2022 | Indian News, Life
Communist Party of India (CPI) general secretary D Raja said it was a “matter of regret” that the BJP-led NDA government is selling off all national assets through monetisation policy and privatisation of public sector units. He said it was a ”tragedy”...
by AIP Online Bureau | Apr 28, 2022 | Life, Policy, Workplace/Employee Benefits
A bench of Justices DY Chandrachud, Surya Kant, and Vikram Nath made the remarks while deciding a four-decades-old dispute of temporary/badli/ part-time workers who were engaged by the LIC to discharge its functions on a batch of pleas for their claims of absorption...
by AIP Online Bureau | Apr 27, 2022 | Indian News, Life, Wealth Management/ Philanthropy
(L to R) MR Kumar, chairman, LIC and Tuhin Kanta Pandey, secretary, Dipam at a press conference in Mumbai to announce LIC IPO “The valuation process itself is essentially a discovery process. Because you don’t know what we are comparing it with? Is LIC equal to...
by AIP Online Bureau | Apr 26, 2022 | Indian News, Life
The issue is set to open on May 2 for anchor investors and will open for subscription on May 4 and close on May 9 Retail investors and employees of LIC are also likely get a discount of Rs 45 on subscribing to the shares of LIC New Delhi: The government has set a...
