Lic Ipo News

Centre extends IPO-Bound LIC Chairman’s tenure by one year

Centre extends IPO-Bound LIC Chairman’s tenure by one year

New Delhi: Central government has prolonged the tenure of chairman of IPO-bound Life Insurance Corporation (LIC) by one more year with a view to facilitate smooth listing of the insurance behemoth, sources said. Besides, the government has also extended the tenure of one of the managing directors, Raj Kumar, for

Govt shortlists Cyril Amarchand Mangaldas as legal advisor for LIC IPO

Govt shortlists Cyril Amarchand Mangaldas as legal advisor for LIC IPO

New Delhi: The Department of Investment and Public Asset Management (DIPAM) on September 26 shortlisted Cyril Amarchand Mangaldas for giving legal advice on upcoming mega IPO of India’s largest insurance company LIC, as per reports. Four law firms – Crawford Bayley, Cyril Amarchand Mangaldas, Link Legal and Shardul Amarchand Mangaldas & Co