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Friday, September 26, 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

Muslims at garba—whenever a festival becomes exclusionary, we lose a piece of India

Conservative clerics warned Muslims against garba as impermissible; now Hindu right-wing groups call their presence provocative—different reasons, same outcome.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

Govt inks deal with HAL for 97 new Tejas Mk1A; previous order’s deliveries likely to begin next yr

There were no plans to have Mk1A version. However, compromise was reached between HAL & IAF in 2015 since original plan for getting Mk2 would've been time-consuming affair.

India doesn’t give walkovers to Pakistan in war. Here’s why it shouldn’t do it in cricket either

Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.