Representational file image. | Photo Credit: Reuters Life Insurance Corporation (LIC) on March 14 said it has elevated Tablesh Pandey, executive director of the company, as its managing director. His appointment is effective from April 1, 2023, according to a regulatory filing. Mr. Pandey will replace present managing director B.C. Patnaik, it said. LIC presently […]
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Life Insurance Corporation (LIC) has been trading below the issue price of ₹949 a share ever since it got listed on stock exchanges on May 17 Life Insurance Corporation (LIC) has been trading below the issue price of ₹949 a share ever since it got listed on stock exchanges on May 17 The government is […]
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Shares were allocated to policyholders and retail investors after applying the discount applicable to them Shares were allocated to policyholders and retail investors after applying the discount applicable to them The government has fixed the issue price of LIC shares at ₹949 apiece, the upper end of the IPO price band, ahead of the listing […]
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Some hurdles remain to be crossed for firms in strategic sale pipeline such as Concor, BEML, Shipping Corporation Some hurdles remain to be crossed for firms in strategic sale pipeline such as Concor, BEML, Shipping Corporation Even as the LIC IPO is expected to sail through on Monday, helping the Centre meet about a third […]
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