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Cabinet clears LIC IPO, issue by March 2022- The New Indian Express

Cabinet clears Life Insurance Corporation IPO, issue by March 2022
The government, which holds 100% equity holding in LIC, is planning to sell a portion of its stake in the process.
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By Express News Service
NEW DELHI: The Cabinet Committee on Economic Affairs (CCEA) has given its in-principle approval for the listing of Life Insurance Corporation of India (LIC)’s shares on stock exchanges, an official in the Department of Financial Services, Ministry of Finance, told TNIE.
The initial public offering (IPO) of the state-owned life insurer is part of the government’s efforts to raise Rs 1.75 lakh crore through disinvestment in the current financial year. Sources said all efforts are being made to ensure the LIC IPO is done within the current financial year, which ends in March 2022. ....

Nirmala Sitharaman , Cabinet Committee On Economic Affairs , Life Insurance Corporation Of India , News Service , Department Of Financial Services , Express News , Cabinet Committee , Economic Affairs , Life Insurance Corporation , Financial Services , Finance Minister Nirmala Sitharaman , Life Insurance Act , மந்திரி சபை குழு ஆன் பொருளாதார வாழ்க்கைத்தொழில்கள் , வாழ்க்கை காப்பீடு நிறுவனம் ஆஃப் இந்தியா , செய்தி சேவை , துறை ஆஃப் நிதி சேவைகள் , எக்ஸ்பிரஸ் செய்தி , மந்திரி சபை குழு , பொருளாதார வாழ்க்கைத்தொழில்கள் , வாழ்க்கை காப்பீடு நிறுவனம் , நிதி சேவைகள் , வாழ்க்கை காப்பீடு நாடகம் ,

Ashurst advises AIA Australia Limited on A$2.375 billion share sale and portfolio transfer to CommInsure Life

Global law firm Ashurst has advised AIA Australia Limited (AIA) on the completion of a A$2.375 billion share sale and portfolio transfer between AIA and. ....

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Know Why Privatization Is Important For India And Target Of Government To Achieve Goals - देश को क्यों पड़ी निजीकरण की जरूरत? जानिए क्या है इसका महत्व और सरकार का लक्ष्य

Know Why Privatization Is Important For India And Target Of Government To Achieve Goals - देश को क्यों पड़ी निजीकरण की जरूरत? जानिए क्या है इसका महत्व और सरकार का लक्ष्य
amarujala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from amarujala.com Daily Mail and Mail on Sunday newspapers.

New Delhi , Amar Ujala , Atal Bihari Vajpayee , Pawan Hans , Financial Service , India Tourism Development Corporation , Indian Petrochemicals Corporation , Indian Reserve Bank , Life Insurance Corporation Of India , Company Data , Corporation Country , Air India , Malhotra Committee , Hotel Corporation , Public Enterprise , Financial Management , New Economy , India Zinc , Maruti Suzuki India , Tata Communication , New Telecom , Life Insurance Act , Life Insurance Corporation , Open Sky , புதியது டெல்ஹி , அமர் உஜலா ,

Chambers Insurance & Reinsurance Guide 2021: Bermuda - Insurance

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Originally Published in Chambers Insurance & Reinsurance
Guide 2021: Bermuda
This guide provides the latest information on sources of
insurance and reinsurance law, insurance and reinsurance regulatory
bodies and legislative guidance, overseas-based insurers or
reinsurers, M&A activity relating to insurance companies,
alternative risk transfer (ART) transactions and insurtech
developments.
1. BASIS OF INSURANCE AND REINSURANCE
LAW
1.1 SOURCES OF
INSURANCE AND REINSURANCE LAW
The principal legislation governing companies in Bermuda is the
Companies Act 1981, as amended (Companies Act), under which the
majority of companies in Bermuda are incorporated by ....

United States , City Of , United Kingdom , Registrar Of Companies Compliance Measures , Dcode Group , Bermuda Stock Exchange , Td Holdings , A Company Be , Advisory Committee , Liability Company , Carlyle Group , Incorporated Segregated , London Stock Exchange Alternative Investment , Horseshoe Insurance Services Holdings Ltd , Insurance Innovation Working Group , Arthurj Gallagher Co , Artex Risk Solutions Holdings , Fortitude Group Holdings , Head Office Requirements , Code Of Conduct Group , Registrar Of Companies , American International Group Inc , Quilter Ii Holdings Limited , Originally Published , Chambers Insurance , Companies Act ,

LIC Act amendment: Centre to hold 75% stake for at least 5 years, minimum shareholding not to go below 51%

LIC Act amendment: Centre to hold 75% stake for at least 5 years, minimum shareholding not to go below 51%
Surabhi
Mumbai |
Updated on

The Centre will hold at least 75 per cent stake in state-owned Life Insurance Corporation of India for the next five years and will continue to hold at least 51 per cent in the life insurer after that period.
The Amendments to the Life Insurance Act, 1956, which was tabled along with the Finance Bill, also proposes to increase the authorised share capital of the corporation to ₹25,000 crore divided into 2,500 crore shares of ₹10 each.
Finance Minister Nirmala Sitharaman had, in the Budget, said that the government would like to take ahead the initial public offering of LIC in the coming fiscal. ....

Madhya Pradesh , Nirmala Sitharaman , Aatmanirbhar Bharath , Fund Of India , Life Insurance Corporation Of India , Life Insurance Corporation , Life Insurance Act , Finance Bill , Minister Nirmala Sitharaman , Central Government , Consolidated Fund , Bhartiya Mazdoor Sangh , மத்யா பிரதேஷ் , நிதி ஆஃப் இந்தியா , வாழ்க்கை காப்பீடு நிறுவனம் ஆஃப் இந்தியா , வாழ்க்கை காப்பீடு நிறுவனம் , வாழ்க்கை காப்பீடு நாடகம் , நிதி ர சி து , மைய அரசு , தொகுக்கப்பட்டு நிதி , பாரதியா மஜிதூர் சங் ,