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LIC raises Rs 5,627 cr from anchor investors led by domestic institutions

Insurance behemoth LIC on Tuesday said it has garnered a little over Rs 5,627 crore from anchor investors led primarily by domestic institutions ahead of its mega initial public offering (IPO).......

LIC IPO to open on May 4: Sources

The initial public offering of the country's largest insurer LIC will open on May 4 and close on May 9, sources said. The IPO, through which the government will sell 3.5 per cent stake in......

Govt to sell 3.5% stake in LIC, IPO to fetch Rs 21,000 crore

The government is likely to cut the size of the initial public offering of LIC to 3.5 per cent to raise around Rs 21,000 crore from the issue which would hit the capital markets in the first week......

Govt to take call on LIC IPO timing this week

The government is likely to take a call on the timing of LIC initial public offering within this week, a senior official said. The sale of 5 per cent stake or 31.6 crore shares in the country's......

Govt amends FEMA rules to allow 20% FDI in LIC

The government has amended rules of the Foreign Exchange Management Act (FEMA), paving the way for up to 20 per cent foreign direct investment in the insurance behemoth LIC. The government is......

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Milliman Advisors

News for Milliman Advisors

LIC raises Rs 5,627 cr from anchor investors led by domestic institutions

LIC IPO to open on May 4: Sources

Govt to sell 3.5% stake in LIC, IPO to fetch Rs 21,000 crore

Govt to take call on LIC IPO timing this week

Govt amends FEMA rules to allow 20% FDI in LIC

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