Govt refutes speculation over LIC IPO’s delay, says it is ‘on course’
By Administrator_India Capital Sands The government on Sunday refuted media speculation around the initial public offer (IPO) of Life Insurance Corporation (LIC) and said that it is unlikely to come up with the IPO of LIC in the current financial year ending March 2022. “Some media speculation doubting the feasibility of LIC IPO this fiscal […]
LIC books record profit in April-November
By Administrator_ India Capital Sands LIC’s profits primarily come from sale of shares in the insurer’s large, non-linked portfolio, which includes traditional life insurance policies LIC has booked its highest ever profit of ₹25,908 crore from selling stocks in the eight months ended 30 November, three people, including a top LIC official, said, as the […]