LIC net surges to Rs 234 cr in Q3FY22 due to change in surplus distribution
In the same period last financial year, LIC's net profit totaled Rs 0.91 crore.11-03-2022
LIC net surges to Rs 234 cr in Q3FY22 due to change in surplus distribution
In the same period last financial year, LIC's net profit totaled Rs 0.91 crore.LIC effect: Life insurers' February new business premium rises 22%
NBP is the premium acquired from new policies for a particular yearCentre may review timing of LIC share sale after Ukraine invasion: FM Sitharaman
The review could impact the timing of the mega public offering, India's largest, which made up the biggest portion of the country's $10.4 billion asset-sale program aimed at stanching the budget deficit for the year through March 31, 2022Cabinet allows up to 20% FDI in IPO-bound LIC under automatic route
The existing FDI policy did not prescribe any specific provision for foreign investment in LIC, which is a statutory corporation established under LIC Act, 1956LIC IPO: 10 things that policyholders, retail investors, employees should know
LIC IPO: The public issue will reserve 35 per cent of its offer for retail investors, 10 per cent for policyholders whereas 5 per cent will be reserved for LIC employeesWill Putin's military operation in Ukraine scuttle India's Aramco moment?
The government's plan to list LIC in the month of March may come under increased pressure when the investor appetite globally will be ebbing due to the fall out of military operation.LIC plans digital platform to take on private peers
LIC already has a digital presence. However, not even 1% of its sales happen through its websiteThe curious case of jump in LIC's embedded value
Embedded value (EV) is the present value of future profits plus the market value of net assets. For life insurance companies, one valuation parameter is looking at multiples of EV.Daily Voice | LIC's weightage in indices likely to be small as it would link with free float: Rajesh Cheruvu of Validus Wealth
In the coming months, markets are likely to be under pressure with a downward bias while seeing good buying support from domestic institutions and retail at every sharp fall, says the Chief Investment Officer of Validus Wealth.Interview | LIC IPO to see ample rush from investors if uncertainties are controlled, says Sonam Srivastava of Wright Research
'LIC IPO is already a huge event in the markets. LIC would become one of the top 3 companies by market capitalisation soon after the IPO and would get passive flows and eventual inclusion in the benchmark indices'