Drishyam 3 box office collection day 5: Ajay Devgn film crosses Rs 200 crore mark in India
INDIA bloc protest: Rahul Gandhi, Priyanka Gandhi detained after hours-long demonstration at Akashvani Bhawan
GST Council October 8 meeting: No rate changes expected; reforms on refunds, ITC and registration on agenda
Who is Ashutosh Dixit? Know about next Air Chief Marshal, man behind Operation Sindoor
The Traitors Telugu trailer: From Chinmayi Sripada to Harsha Vardhan, meet the 20 contestants of Teja Sajja show
Why is Vaibhav Sooryavanshi missing in 1st T20I vs West Indies? Know real reason
Pakistan Cricket Board sells home broadcasting rights at half of reserve price, known reasons
‘Gambhir will rotate’: Morne Morkel hints at India’s Playing XI vs West Indies for Lucknow T20I
India in 2036 Olympics race: Which countries are competing and when will host be decided?
Sourav Ganguly steps in as Delhi Captails' head coach for IPL 2027; Will Dada end DC's title drought?Drishyam 3 box office collection day 5: Ajay Devgn film crosses Rs 200 crore mark in IndiaThe Traitors Telugu trailer: From Chinmayi Sripada to Harsha Vardhan, meet the 20 contestants of Teja Sajja show
Rise and Fall 2: Kajal Raghwani opens up on her suicide attempt; was Khesari Lal Yadav the reason?
Why were Amitabh Bachchan, Badshah forced to evacuate KBC 18, Hustle 5 sets? Shocking reason revealed
Why has Delhi High Court issued notice to Salman Khan on Kala Hiran producer's plea?
CJP Protest: Delhi Cop Vivek Bhagat's Promotion Withheld Amid Sexual Harassment Allegation
CJP Protest: CJP Activists Getting Police Notices Over October 10 Delhi Protest
Delhi News: 'Create Fear In Minds Of Criminals': Supreme Court To Delhi Police On Rising RapesDelhi News: 'Create Fear In Minds Of Criminals': Supreme Court To Delhi Police On Rising Rapes
Russia News: Researcher Dies Of 'Mystery' Pneumonic Plague; Hundreds Quarantined, 5 Hospitals ShutGST Council October 8 meeting: No rate changes expected; reforms on refunds, ITC and registration on agenda
Cabinet approves Rs 10,000 crore SME Growth Fund: What it means for small businesses
Gen Z Finance: From lifestyle spending, credit cards to financial planning—What experts suggest
FCNR inflows cushion rupee, BoP, but sustained stability hinges on FII flows: Report
Gold, Silver prices today, October 2, 2026: Check city-wise rates in Delhi, Mumbai, Chennai, Kolkata and more
OTT Releases This Week (Sept 28 - Oct 4): Dupahiya 2, Pooja Meri Jaan; new movies and shows to watch this Gandhi Jayanti weekend
From Neeti Mohan, Heer, Sarthak Kalyani; Ahead of Sa Re Ga Ma Pa, 5 musical geniuses championed by AR Rahman
72nd National Film Awards 2024: Kartik Aaryan, Yami Gautam, Aditya Dhar, Mammootty, Dhanush, Anant Nag accept honours
OTT Releases This Week (September 14-20): Lust Stories 3, Irumudi, Thudakkam; Indian movies, series to watch on Netflix, Prime Video, JioHotstar
Ganesh Utsav 2026: Deva Shree Ganesha, Sindoor Lal Chadayo; 5 iconic Ganpati songs that should be must-haves in your playlistINDIA bloc protest: Rahul Gandhi, Priyanka Gandhi detained after hours-long demonstration at Akashvani BhawanWho is Ashutosh Dixit? Know about next Air Chief Marshal, man behind Operation Sindoor
EC says no meeting request received from political parties as Rahul Gandhi seeks audience with CEC
Rahul Gandhi targets PM Modi, HM Shah, CEC Gyanesh Kumar over ‘vote chori’: 'Will spare no one'
'Learn Hindi or leave': Zomato supervisor’s video sparks row in Bengaluru, another language row in the offing?
Third Language Row: SC extends relaxation to Class 6 students, asks CBSE to grant exemption, here's what it means
NEET PG 2026 Result Out: Check how to download scorecard from natboard.edu.in; Know category-wise cut-off and more
Five-year BTech programmes? Ex-IIT director makes proposals amid IIT suicide controversy
CBSE Date Sheet 2027: When will Class 10, 12 timetable be released? Check details here
From Rs 150 in 1947 to powerful student body: The story of DUSU’s rise | Explained
After Hyundai, Maruti Suzuki makes cars costlier ahead of festive season: Check new prices after hike
Hyundai cars to get costlier from September: Check new prices and reason behind hike
Why can't consumers choose pure petrol or E10? Centre explains why E20 is now the standard fuel
Centre claims E20 fuel does not damage engines, cites data from Maruti Suzuki and Hero MotoCorp
Maruti WagonR Flex Fuel: What’s price of India’s first ethanol car? Specs, mileage, and top features explainedBUSINESS
The government currently holds a 96.5 per cent stake in the company. It had sold 3.5% through an initial public offering (IPO) in May 2022.
){kind=small}
Updated : Jul 10, 2025, 11:04 PM IST
 "Govt plans to sell its stake in this Rs 586000 crore company, shares fall by...")
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
The Indian government is working on further stake sale in Life Insurance Corporation (LIC), and the disinvestment department would work out finer details of the transaction, sources said. The government currently holds a 96.5 per cent stake in LIC. It had sold 3.5% through an initial public offering (IPO) in May 2022 at a price band of Rs 902-949 a share. The share sale fetched the government around Rs 21,000 crore.
Amid the news, shares of LIC declined by 2.02 per cent on Thursday and closed at Rs 926.90. The market cap of the company stands at Rs 5.86 lakh crore as of July 10. Sources said the government has given its approval for further share sales in LIC through the OFS route, and the discussions are still in the nascent stage. "It is up to the disinvestment department to look at the market condition and conclude the stake sale," a source said. The government needs to offload another 6.5% stake in the public sector life insurer to meet the mandated 10% public shareholding requirement by May 16, 2027. The quantum of stake sale, price and timing would be decided in due course, the source added.
LIC Q4 2025
LIC reported a 38 per cent rise in its net profit for the fourth quarter ending March 2025, reaching Rs 19,013 crore. This marks a rise of 38 per cent from the Rs 13,763 crore net profit recorded during the same quarter in the previous fiscal year.
(With inputs from PTI)
