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Thursday, September 4, 2025
TopicLIC

Topic: LIC

LIC would make Rs 11,000 crore profit if it were to sell its Adani stocks today

While LIC's 'losses' became political hot potato after Hindenburg row, calculations show India’s largest insurance firm has seen value of its investments in Adani companies grow over 36%.

The Injustice League feat. Monu Manesar & a yatra’s placebo effect

The best cartoons of the day, chosen by the editors at ThePrint.

HDFC raises $3 billion in largest-ever local bond issue, say merchant bankers

According to HDFC's executive director, across investor categories, there was LIC being one of the largest ones, along with other banks, mutual funds & pension trusts.

DU endowment fund finds takers in LIC & other PSUs, but critics worried about ‘privatisation’

New Delhi: Delhi University’s proposed endowment fund for research and development has caught the interest of various public sector undertakings (PSUs), which are considering...

‘No need for concern over SBI, LIC exposures’: Finance Secretary Somanathan on Adani stock rout

When asked about the stock rout in an interview, Somanathan said there was no cause for concern for depositors, policyholders or investors in any nationalised banks or insurance companies.

3 idiots’ guide to escaping the Hindenburg & seashell companies at Layman Islands

The best cartoons of the day, chosen by the editors at ThePrint.

How an NRI’s attempt to take over 2 Indian firms led to LIC turning invincible

In 'Fifteen Judgments', Saurabh Kirpal talks about the events leading up to the LIC judgment that made the company a pillar of the Indian economy.

LIC hopes for Rs 40,000-crore profit from equity sales, same as last year, says chairman

The insurer is also aiming to increase its share of premium or participating policies to 15% in two years from about 9% presently, chairman Mangalam Ramasubramanian Kumar said.

The LIC way or the Air India way — that is the multi-crore disinvestment question

The real argument against disinvestment is that any sale of a large firm is likely to fall into an oligarch’s lap. No one would want to make them more powerful than they already are.

Largest Indian IPO LIC to stay open Saturday for retail investors

Indian government is selling 221.4 million LIC shares between Rs 902 rupees and Rs 949 each, which would raise as much as 210 billion rupees ($2.7 billion) at the top end of the range.

On Camera

On Arundhati Roy, mother-daughter conflicts, and the burden of being a ‘good mother’

When reading the book, one can see Roy’s mother as a 'fascist government' unto herself, the centre of her own cult. In Arundhati’s words, Mary Roy was ‘mother guru’.

A Rs 33,000 cr ‘banking fraud’: ED’s case against Arvind Dham, Amtek’s web of ‘500 shell companies’

ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.

‘Loyal wingman’ to full ICBM triad & air defence, China’s show of power at Victory Day parade

China flaunted military might & modernisation as it displayed stealth drones, anti-satellite system & cyber warfare contingent during parade to mark victory over Japan in WWII.

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.