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Wednesday, November 12, 2025
TopicLife Insurance Corporation

Topic: Life Insurance Corporation

Modi govt extends LIC Chairman M R Kumar’s term till March 2022

PTI -
According to sources, the rules under the Life Insurance Corporation Act, 1956, have been amended to provide an extension to Kumar in view of the ongoing preparation for the IPO.

Why Modi govt is expected to struggle to sell stakes in 2 listed insurance companies

Remya Nair -
New India Assurance and General Insurance Corporation were listed in 2017. SEBI norms mandate the govt to now raise public shareholding to 25% from the existing 15%.

Modi govt begins LIC IPO process, but valuation will pose a major challenge

Remya Nair -
The listing of India’s largest life insurer has to be preceded by many steps, including amendments to the LIC Act and determining its valuation.

India is set for mega IPOs worth tens of thousands of crores of rupees

Julia Fioretti -
IPO of LIC alone could fetch the govt between Rs 85,000 cr and Rs 90,000 cr – the biggest India has ever seen.

Indian regulators need to stop the IL&FS rot from spreading

Andy Mukherjee -
RBI & SEBI need to urgently offer an emergency bailout to IL&FS before it does more harm to the rest of the market.

Selling IDBI stake to LIC is not medicine, it’s bureaucratic quackery

Andy Mukherjee -
LIC’s customers signed up to protect their own lives – not that of a dying financial institution.
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On Camera

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Opinion

This era has made journalistic independence harder than ever: New York Times publisher

AG Sulzberger -
Journalist Arthur Gregg Sulzberger delivered the Reuters Memorial Lecture on 4 March last year.

Air purifiers are the new water filters. Delhi has quietly accepted a crisis

There’s a new M-Y formula at work in Bihar this time

Economy

India’s factory data may get reality check in MoSPI’s new IIP plan, defunct factories to be dropped

Udit Bubna -
MoSPI proposes to remove closed factories from IIP sample, aiming for truer picture of India’s industrial health in upcoming 2022–23 base series. Plan open to public feedback until 25 November.

Defence

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

Keshav Padmanabhan -
At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

National Interest

Bihar is where politics moves, and everything else stands still

Shekhar Gupta -
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.

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