Last week, the government filed fresh draft red herring prospectus (DRHP) with markets regulator for the much awaited IPO of Life Insurance Corp (LIC). On Monday, the regulator approved the same. Now, ...

India's market regulator has approved state-owned Life Insurance Corp's (LIC) initial public offering worth about $8 billion, TV channel ET Now reported on Wednesday, citing sources. Adds LIC response ...

LIC’s mega IPO closed for subscription on May 9, and the stock will make its stock market debut on May 17 The success of the LIC IPO and its valuation will present a big opportunity for the insurtech ...

NEW DELHI, May 17 (Reuters) - Shares in Life Insurance Corp of India (LIC) (LIFI.NS), opens new tab dropped 7.8% on their market debut on Tuesday after India's biggest initial public offering (IPO) ...

The state-run insurer has seen its market share plummet amid the pandemic, largely due to its agent-reliant model Between June 2020 and January 2022, LIC’s market share has gone from 74% to 61% in ...