Lic Listing

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LIC public offer likely in second half of FY21, about 10% govt stake to be sold; aims to garner Rs 90,000 cr: Govt
Business

LIC public offer likely in second half of FY21, about 10% govt stake to be sold; aims to garner Rs 90,000 cr: Govt

There are a number of processes which have to be followed and some legislative changes would also be required for the listing of LIC, Kumar said.

LIC to go public? If that happens, govt’s favourite milch cow will finally get a life of her own
Business

LIC to go public? If that happens, govt’s favourite milch cow will finally get a life of her own

To be sure, LIC has been rampantly used by both the previous United Progressive Alliance (UPA) and the National Democratic Alliance (NDA) governments despite a steady fall in its share in the insurance industry.