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Monday, November 24, 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

At Charcha 2025: Local entrepreneurship, not just big IT, will drive next wave of distributed AI work

While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.

US pilot says his team pulled out of Dubai Air Show after Tejas crash out of respect for IAF pilot

Taylor ‘Fema’ Hiester, commander of USAF F-16 Viper Demo Team, hit out at air show organisers for continuing with the show after Wing Commander Namansh Syal lost his life in the incident.

A tribute to Tejas. India’s delay culture is the real enemy in the skies

It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.