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Tuesday, March 17, 2026
TopicLife Insurance Corp

Topic: Life Insurance Corp

Pushing to have LIC IPO done by March 2022, FM Sitharaman says

Sitharaman said any delay won't be due to a lack of political will. The 65-year old insurer's internal valuation hasn't been done & the process will take time, she added.

‘Selling national asset willfully disruptive’: LIC trade union argues against Modi govt IPO plan

All India LIC Employees’ Federation, which represents about 4,000 of LIC’s roughly 114,000 employees, warns of jobs losses & says company may focus on profit-maximising after IPO.

India is considering the outright sale of IL&FS

Other options include splitting businesses according to verticals and disposing them off to several buyers or injecting  liquidity at group level

On Camera

Free gas to waivers, govt-owned gas firms roll out incentives to push households from LPG to PNG

IGL, MGL & other city gas distributors announce benefits to encourage LPG users to shift to piped natural gas as Centre flags concerns over LPG supply in the wake of Iran conflict.

Supreme Leader Mojtaba, the man Iran must keep alive & the secret force ‘tasked with it’—all about NOPO

The Nirouyeh Vijeh Pasdaran Velayat, or NOPO, was the only force Ali Khamenei trusted.It was founded in 1991 and is more feared than the Revolutionary Guards.

Peaceful power transfers followed uprisings in India’s neighbourhood. It’s a sign of mature democracies

Rating democracies is a tricky business. I am only using the simple metric of who in the Indian subcontinent has had the most peaceful, stable, normal political transitions and continuity.