| NewsClick

You deserve independent, critical media. Subscribe and Support

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.
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…
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.
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…
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.
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.
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".
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.
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.
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.