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Friday, September 26, 2025
TopicLIC IPO

Topic: LIC IPO

Modi govt is seeking Rs 8 trillion valuation for LIC in India’s biggest IPO

The government is pushing ahead with LIC IPO to help plug a widening budget gap as it aims to raise Rs 1.75 trillion by March via divestments and the sale is key for achieving this target.

India considers allowing foreign direct investment in IPO-headed LIC

The Modi-led central government is looking at the LIC IPO, slated to be India’s largest ever, to help narrow its budget gap to 6.8% of GDP in the year through March 2022.

Modi govt is confident ‘largest listing’ LIC IPO will earn over Rs 1 lakh crore this fiscal

Government of India plans to dilute 10% of its stake in the country’s largest life insurer whose valuation is expected to exceed Rs 10 lakh crore.

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.