Synopsis: The Initial Public Offering (IPO) of state-run Life Insurance Corporation is right sized, keeping in view the constraints of the market, Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said
Synopsis: The much-awaited Initial Public Offer (IPO) of Life Insurance Corporation (LIC) is likely to hit the market on May 4, said sources close to the development. The issue is expected to close on May 9 and the anchor book for the LIC IPO is expected to open on May 2
Synopsis: The turbulence caused by the COVID-19 pandemic and the Russia-Ukraine war has led the government to do some rethinking on some of its big-ticket privatisation plans, like Bharat Petroleum Corporation Ltd (BPCL) and Shipping Corporation of India (SCI)
Synopsis: LIC has filed the DRHP with SEBI on Sunday and has said that its much-awaited IPO will constitute 4.99 percent of its post-offer paid-up share capital. LIC IPO, which is expected to be the country's largest public issue, will hit the capital market in March
Synopsis: Life Insurance Corporation's (LIC) embedded value has been finalised at more than Rs 5 lakh crore, Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey has said
PSU Watch is a business news brand of 27 Frames Communications LLP. It places the spotlight on PSUs, Governance, Bureaucracy, Defence and Public Policy as the sector traverses through a period of radical change.
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