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LIC : Articles

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  • LIC employees protest at Jeevan Bharati building, Connaught Place, New Delhi, on Wednesday. Image: Ronak Chhabra.
    Ronak Chhabra, Nikhil Cariappa
    LIC Employees Strike in Protest Against IPO Launch
    04 May 2022
    More than 90% of class 3 and 4 LIC employees across the country struck work for two hours.
  • lic
    Ronak Chhabra
    LIC Employees to Observe Walkout Strike Against LIC IPO on May 4
    29 Apr 2022
    The employees' bodies expressed concern at the bringing down of the valuation of LIC, which according to them, amounts to a "serious breach of trust" with its policyholders and the citizens of the…
  • AIIEA
    Ronak Chhabra
    LIC Employees to Strike Work on IPO Launch day
    15 Feb 2022
    The listing will be the first step towards privatisation of LIC, the AIIEA has said.
  • LIC Zonal Office at Connaught Place, New Delhi
    V. Sridhar
    The LIC IPO: Undervaluing India’s Crown Jewel -- I
    09 Feb 2022
    As the Modi government prepares to launch LIC’s IPO, India’s biggest-ever privatisation exercise, there are fears that the institution may be valued significantly lower than its true worth. Millions…
  • cvc
    PTI
    CVC Flags 42 Cases of Non-Compliance of its Advice Against Corrupt Officials
    01 Sep 2021
    The CVC has observed that during the last year, there were some significant deviations from the Commission’s advice.
  • Privatisation of AI, BPCL, SCI, Pawan Hans, BEML, Neelachal Ispat to be Completed This Fisc: Govt
    PTI
    Privatisation of AI, BPCL, SCI, Pawan Hans, BEML, Neelachal Ispat to be Completed This Fisc: Govt
    11 Aug 2021
    Listing of LIC will be crucial for the government in meeting its disinvestment target of Rs 1.75 lakh crore for 2021-22 (April-March), says DIPAM secretary.
  • The Risky Cocktail of Higher FDI and Privatising of Insurance
    C P Chandrasekhar
    The Risky Cocktail of Higher FDI and Privatising of Insurance
    20 Mar 2021
    There could be private losses as well as social losses because of the State being forced to bail out firms as the "insurer of last resort".
  • March 15 Strike: Of Solidarity Against Modi Government’s Privatisation Spree
    Ronak Chhabra
    March 15 Strike: Of Solidarity Against Modi Government’s Privatisation Spree
    14 Mar 2021
    Nearly 10 lakh bank employees are striking work on the day, followed by those in the insurance sector later. Farmers and other employees’ unions, among others, have extended their solidarity.
  • ‘Privatisation to Hurt General Public the Most’: Finance Employees Prepare for Strike
    Ronak Chhabra
    ‘Privatisation to Hurt General Public the Most’: Finance Employees Prepare for Strike
    07 Mar 2021
    Union bodies representing bank employees, along with those in GIC and LIC, have called for a two day strike on March 15-16 and a one-day strike on March 17 and March 18 respectively.
  • WB
    Prudhviraj Rupavath
    DIPAM-World Bank Agreement Will Be Against India’s Interests: Trade Unionists, Activists
    17 Nov 2020
    During the financial year 2019-20, DIPAM divested government held stakes in 16 public entities and received receipts amounting to Rs 50,298.64 crore.
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