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The government’s plan to sell a part of its stake in LIC comes in the backdrop of its massive ₹2.1 trillion disinvestment target for the next fiscal.

As it prepares to list LIC, FinMin explores ways to infuse funds into insurer

1 min read . 16 Feb 2020

LIC’s biggest selling point is that it owns nearly three-fourths of the insurance market (Photo: Ramesh Pathania/Mint)

The LIC share sale is a valuer’s nightmare and a banker’s dream

3 min read . 16 Feb 2020

Chief Economic Advisor KV Subramanian (PTI)

6-7% LIC stake dilution enough to mop up ₹90,000 crore: CEA KV Subramanian

2 min read . 16 Feb 2020

ANMI to mobilise one crore investors for LIC's IPO

1 min read . 15 Feb 2020

According a market study by SBICAP Ventures, there are about 4.58 lakh stalled housing units and the aggregate funding required to complete the stalled projects is ₹55,000 crore. (Mint )

LIC Housing Finance refers 14 stuck projects for last-mile funding through AIF

2 min read . 14 Feb 2020

In Budget 2020, the government announced it wanted to partly disinvest its stake in LIC through an IPO. (Photo: Mint)

Opinion | Four metrics that LIC needs to focus on before divestment through IPO

4 min read . 13 Feb 2020

So far in FY20, LIC has paid 14.3 million maturity claims amounting to ₹69,748 crore. (Mint)

LIC’s investments in equities down 21% to ₹46,850 crore in April-January

1 min read . 08 Feb 2020

LIC’s equity capital stands at ₹100 crore, which needs to be increased in order to sell even a 10% stake (Photo: Mint)

LIC Act needs three amendments before insurer can be listed

2 min read . 07 Feb 2020

Finance Minister Nirmala Sitharaman addresses a press conference in Mumbai on Friday (Photo: ANI)

An IPO for LIC will bring retail investors in the picture: Sitharaman

1 min read . 07 Feb 2020

LIC employees stage a protest agains Centre's plan of stake sale in the insurer at its Mount Road office in Chennai (Photo: ANI)

Govt dividend may be used to raise LIC’s equity capital

2 min read . 06 Feb 2020

Former finance minister P. Chidambaram speaks at an interactive meeting on 'Analysis of the Union Budget 2020 - 2021-- Implications for Industries and for Public', organised by South India Chamber Of Commerce And Industries (SICCI ), in Chennai, Monday (Photo: PTI)

Congress may oppose LIC listing if govt fails to convince: Chidambaram

4 min read . 04 Feb 2020

Since LIC is a corporation, it will need to convert itself into a company before it can list. (Mint)

Opinion | A market debut that’s simply too big to fail

2 min read . 03 Feb 2020

Excluding the potential float of LIC, Tower Infrastructure Trust stands to be the largest Indian IPO on record, data compiled by Bloomberg show.

Multi-billion dollar IPOs are popping up in India

2 min read . 03 Feb 2020

Any dilution of the government's stake in LIC would shake faith of the policyholders in the institution. (Mint)

LIC employees'union up in arms against IPO plan

1 min read . 03 Feb 2020

Interministerial panel will oversee the stake sale in India’s largest public insurer, said the finance secretary Rajiv Kumar (Photo: PTI) (PTI)

Govt sets ball rolling to sell part of stake in LIC

3 min read . 03 Feb 2020

What does partial divestment in LIC mean for its policyholders?

3 min read . 02 Feb 2020

The government aims to garner ₹90,000 crore from the listing of LIC and stake dilution in IDBI Bank (Photo: Mint)

LIC IPO may come in second half of FY21, says Finance Secretary Rajiv Kumar

1 min read . 02 Feb 2020

Investors likened the proposal to Saudi Aramco, which in December raised about $25 billion in the world’s biggest-ever initial public offering

LIC: Aramco-like mammoth IPO proposed for India’s biggest insurer

2 min read . 02 Feb 2020

LIC’s may be the mother of all IPOs in India

3 min read . 02 Feb 2020

People watching a live telecast of Union Budget 2020-21 being presented by Union Finance Minister Nirmala Sitharaman, in Mirzapur. (ANI )

Government sets ₹2.1 trillion disinvestment target

3 min read . 01 Feb 2020