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Lic Ipo

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Investment bankers laugh all the way to the bank with Rs 1000 cr earnings in 2021

Since the beginning of 2020, i-bankers have collected nearly Rs 1,800 crore by way of IPO fees. Interestingly, the India fees this year form just 1 per cent of the global fee pool of $13.7 billion......

10 merchant bankers to manage LIC IPO

The government has appointed 10 merchant bankers including Goldman Sachs (India) Securities, Citigroup Global Markets India, and Nomura Financial Advisory and Securities India to manage the mega......

LIC IPO: Centre keen to rope in retail investors

The government and the Life Insurance Corporation of India (LIC) are planning a campaign to give a big push to participation by retail investors, that includes opening of demat accounts for......

Govt mulls permitting foreign investment in LIC

The government is mulling allowing foreign direct investment (FDI) in the country's largest insurer LIC, a move which would help overseas investors take part in the company's proposed mega IPO,......

16 merchant banks in fray for lead managers to LIC IPO

The listing of LIC’s shares on exchanges would involve part-sale of government’s stake in the insurer, and to raise fresh equity share capital. Sixteen merchant banks are in the fray......
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