Shares of state-owned insurance behemoth Life Insurance Corporation (LIC) of India extended their fall for the sixth straight session on Tuesday, making a new low of Rs 751 on the NSE. After a gap down start, LIC shares hit its intraday low of Rs 751 breaching the previous low of Monday. After breaching below Rs 5 lakh market cap on Monday, LIC market capitalisation has further come down to Rs 4.78 lakh crore. In fact, LIC shares now are down over 20 per cent from the issue price of Rs 949. In an interaction with Business Today TV, Avinnash Gorakssakar, Director-Research, Profitmart Securities, said, "It is true that LIC has not delivered the kind of performance market was expecting and...
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LIC AAO Exam Date 2021: The Life Insurance Corporation has announced the LIC AE AAO Prelims 2021 exam date on Friday, August 6 on its official portal — licindia.in. The LIC AAO preliminary exam for the recruitment of Assistant Engineers/ Assistant Architect, and Assistant Administrative Officer (Specialist) will be conducted on August 28, 2021, according to the notice. Also Read - India Post GDS Result 2022 Declared: Direct Link, Steps to Download Here Earlier the examination was scheduled to be conducted on April 4, 2020, as per the official notice. The admit card will be available to candidates on the official website soon. Candidates are advised to keep checking the ‘careers...
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Life Insurance Corporation (LIC) India has released the call letter for the 2019 Assistant recruitment Main exam on December 4th, 2019. The candidates who have cleared the preliminary exam can download the admit card or the call letter from the official website, licindia.in. The Main exam will be conducted in the month of December itself and candidates are suggested to go through the call letter for details on the exam venue and time and other details. Here is the direct link to download the call letter for LIC Assistant exam. The preliminary exam was conducted on October 30th and October 31st, 2019 and the result was declared on November 30th on the official website. The candidates who...
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Aspirants who are eagerly waiting for an official notification regarding the LIC AAO Recruitment 2022 can get the detailed information about the same. If you are one of them who wants to be recruited at the post of Assistant Administrative Officer then the big opportunity is coming towards you. The officials are going to announce the LIC AAO Notification 2022 at To be recruited at the post of Assistant Administrative Officer an individual has to go through the selection process and qualify all the selection tests and examination respectively. LIC AAO Recruitment 2022 Life Insurance Corporation of India is likely to be released an official notification very soon at The online application...
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Download LIC AAO Admit Card 2022 for the examination which is going to conduct in the month of August 2022. Current AAO Admit Card 2022 Release date is 18 August, let us hope on this date Life Insurance Corporation releases LIC Admit Card for various posts such as assistant administrative officer, assistant engineer and Office assistant. Life Insurance Corporation AAO Admit Card 2022 is announcing within few days on licindia.in. those who wish to download it can bookmark this page, and allow push notification, we will update you once it is released. Life insurance Corporation India examination date for assistant administrative officer (AAO0, Assistant Engineer (AE) and other posts are...
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Attempts to privatise LIC will fail once again: Shreekant Mishra The attempts being made for the last 30 years to privatise the Life Insurance Corporation (LIC) of India will fail once again, All India Insurance Employees’ Association (AIIEA) general secretary Shreekant Mishra has said. “It is not being opposed from an ideological standpoint, but due to the fear of the likely impact of the strategic disinvestment of the Central government’s stake on the policyholders and the overall economy,” Mr. Mishra says. “The Centre considers privatisation of LIC as a safe bet only to wriggle out of the economic crisis by tapping the insurance giant’s massive pile of cash that runs into ₹38 lakh...
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The Life Insurance Corporation has issued LIC AAO Notification 2022 PDF for the recruitment of many Assistant Administrative Officers. Aspirants who want to work for the world’s largest insurance company and earn a good LIC AAO salary. Candidates interested in joining the LIC should read this article to understand the LIC AAO recruiting procedure. LIC AAO Recruitment 2022 Every year, Life Insurance Corporation, one of the leading insurance firms, seeks qualified applicants for a variety of positions in the government sector, providing an opportunity to thousands of people. The LIC AAO 2022 recruitment process will choose candidates for the positions of Assistant Engineer (AE),...
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LIC (Life Insurance Corporation of India) logo is seen displayed in this illustration taken, February 15, 2022. (REUTERS/Illustration/File Photo) Disappointing investors on listing day, shares of Life Insurance Corporation of India (LIC), which mobilised around Rs 20,557 crore through the country’s biggest initial public offering ( IPO ) recently, plunged nearly 8 per cent in its market debut on Tuesday. LIC, India’s biggest insurer and domestic financial institution, started trading at Rs 867.20 — at a discount of 8.62 per cent — on the BSE as against the issue price of Rs 949 per share. The share closed the day at Rs 875.45, a discount of 7.75 per cent, even as the volatile stock...
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India’s largest ever listing was meant to yield windfalls for millions of investors. Instead, shares in state-run Life Insurance Corporation of India fell up to 9 per cent on their first day of trading. The drop demonstrates that the country’s equity market is losing its appeal. The disappointing debut of this $72bn business came as a shock. LIC is a big household name for insurance in India. There had been massive interest in the $2.7bn share sale, which was oversubscribed nearly three times. Buyers included Norway and Singapore’s sovereign funds alongside an army of local retail investors. The offering was priced at the top end of its marketed range. High expectations were understandable...
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On Tuesday, India's largest-ever IPO, state-owned insurance giant Life Insurance Corporation (LIC), launched its shares on the BSE and NSE at a discount of more than 8%. Indeed, LIC began trading on the BSE at ₹ 867.20 per share, down 8.62 percent from its huge initial public offering (IPO) allotted price of ₹ 949. As of 10.25 a.m. Indian Standard Time, the insurance behemoth's shares were trading at ₹ 904, up over 4% from their listing price and over 5% below their issue price (IST). The NSE's listing price for LIC was $872, representing an 8.11 percent decrease from the issue price. The stock was last trading at about ₹ 914 on the NSE, down nearly 3.5 percent. "Though LIC listing has been...
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