LIC slapped with ₹805 cr tax notice; shares down
LIC served GST notice 2nd time in more than a month after ₹183-cr tax demand from Telangana
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LIC: Elephant Learning to Dance
The debutant that ranks at No.2 on Fortune 500 India list comes with a rich legacy, but post-listing it needs to prove its chops.
LIC trims 2% stake in Power Grid for ₹3,079 cr; stock tumbles
LIC stock trades 0.29% down a day after it announced its shareholding in Power Grid has diluted from 5.303% to 3.3%.
LIC flop show continues; shares hit fresh all-time low
LIC's current market cap stands at ₹3.9 lakh crore, a huge fall from ₹6 lakh crore on its listing day, eroding investors’ wealth by around ₹2.1 lakh crore.
LIC becomes 5th largest listed firm in m-cap; bigger than top 5 insurers
At the current share price, LIC's m-cap is higher than the industry giants like Hindustan Unilever (₹5.3 lakh crore) and ICICI Bank (₹4.9 lakh crore).
