Web26. feb 2024. · The government on Saturday approved changes to India’s foreign direct investment (FDI) policy to allow global investors to participate in the initial public offering of Life Insurance... Web26. feb 2024. · “In order to expedite the capital raising process, such FDI has been kept on the automatic route, as is in the case of rest of the insurance sector,” the person added. (Reuters) The government has...
Cabinet may take up FDI proposal for LIC next week - The Economic Times
WebLFG Investment Consulting (LIC) specializes in Swiss asset management for international clients from around the world. As an independent wealth manager, we are focused solely … WebContinuing with its efforts to make India an attractive investment destination, an amendment has been approved to permit foreign direct investment (FDI) in the Life Insurance Corporation of... knock gallery ballater
71% of anchor allotment for LIC IPO made to 15 mutual funds: …
Web10. maj 2024. · Overseas investors put in orders for 61% of the shares set aside for institutional buyers in the $2.7 billion initial public offering of Life Insurance Corporation of India, according to data... Web14. apr 2024. · The amendment would allow foreign direct investors to acquire up to 20% equity stake in LIC of India via an automatic route. LIC on February 13 filed draft red herring prospectus (DRHP) with capital market regulator SEBI for the sale of 5% stake by the government for an estimated ₹63,000 crore. Web26. feb 2024. · The government on Saturday permitted up to 20 per cent foreign direct investment (FDI) under automatic route in IPO-bound LIC with an aim to facilitate disinvestment of the country's largest... knock gameshop