Tablesh Pandey appointed LIC MD

Tablesh Pandey appointed LIC MD

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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Govt nudges LIC to tweak product strategy for better investor return

Govt nudges LIC to tweak product strategy for better investor return

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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LIC issue price fixed at ₹949 a share, listing on May 17

LIC issue price fixed at ₹949 a share, listing on May 17

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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