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Monday, September 29, 2025
TopicLife Insurance Corporation

Topic: Life Insurance Corporation

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

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

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

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

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

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

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

On Camera

We can’t just blame Muslims and Englishmen for shattered Hindu unity: RSS chief Deoras

In May 1974, RSS chief Madhukar Dattatraya Deoras spoke at a lecture series in Pune about caste-based discrimination and social equality within the Hindu fold.

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.

With MiG-21’s exit, India’s squadron strength hits 6-decade low. What are IAF’s plans for the Tejas

While the IAF remains committed to the Tejas programme and has placed orders for 180 Tejas Mk1A, the force is eagerly waiting for the Tejas Mk 2 version.

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.