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Friday, October 3, 2025
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.

LIC dismisses rumors of financial trouble, assures policyholders’ money is secure

The insurer issued a clarification in response to reports alleging the company was suffering heavy financial losses.

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

6 reasons Trump’s Gaza plan won’t work—even if Hamas accepts it

On paper, the 21-point plan looks balanced—Palestinian governance, international oversight, reconstruction pledges. But in reality, it is a non-negotiable diktat.

Nodal officers to fast-tracking NOCs, Kerala govt’s heeding investor concerns, and it means business

As many as 21 policy reforms are under implementation following Invest Kerala Global Summit, as LDF govt works to change perception that the state is not conducive to businesses.

Army chief’s big warning to Pakistan: Stop sponsoring terrorism if you want to exist geographically

Amid continued concerns over cross-border terrorism, General Upendra Dwivedi further warned the neighbour that India will not show restraint if there is an Op Sindoor 2.0.

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.