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LIC clarifies on ManipalCigna stake acquisition buzz
'No material event at this stage': LIC clarifies on ManipalCigna acquisition rumours
LIC clarified that it is exploring various strategic opportunities, including in health insurance, but there is no material event requiring disclosure at this time, as per its filing to the stock exchanges.
LIC’s potential acquisition of ManipalCigna could shake-up the health insurance sector: Analysts
While LIC surged over 2 percent following the media report, Star Health and Niva Bupa declined up to a percent on
LIC clarifies on ManipalCigna stake acquisition buzz; here’s what the insurer said
LIC clarified that it is exploring various strategic opportunities, including in health insurance, but currently no material information requires disclosure regarding a potential 50% stake acquisition in ManipalCigna Health Insurance.
Healthy ambitions: LIC eyeing ManipalCigna
LIC plans to buy half of ManipalCigna Health Insurance. The deal could be worth ₹4,000 crore. This move will let LIC enter the health insurance market. ManipalCigna is a joint venture between Manipal Group and Cigna Corporation.
LIC in talks to acquire 50% stake in ManipalCigna Health Insurance
The discussions, in their early stages, aim to help LIC diversify beyond life insurance and tap into the growing health insurance demand
2h
on MSN
LIC shares rise over 5% : Issues clarification on a acquisition buzz : Better place amidst IRDAI Bancassurance concerns
Life Insurance Corporation of India share price gained over 5% in the morning trades on Friday. The company issued ...
28m
on MSN
Negative on CreditAccess Grameen, SBI Card, MMFS shares, prefer SHFL, LIC Housing: Nomura
Nomura has preference for Shriram Finance, Aadhar Housing and LIC Housing Finance among NBFCs. The FY25 and FY26 Bloomberg ...
5h
on MSN
Life insurance but no assurance: LIC tenants cry foul
LIC has blocked the redevelopment of the 137-year-old Angrewadi Chawl, putting 93 tenants at risk. Is there a way out?
Live Mint on MSN
14h
Yes Securities adds LIC to its stocks to buy list. 3 reasons why brokerage is bullish on the life insurer
LIC has been added to Yes Securities’ buy list with a target price of ₹1,175 per share. The stock price increased by nearly 4 ...
cnbctv18
2d
LIC raises stake in Patanjali Foods to 5.02% via open market purchase
Shares of Patanjali Foods Ltd ended at ₹1,752.50, down by ₹7.70, or 0.44%, on the BSE, while Life Insurance Corporation of ...
1d
LIC appeals GST demand of ₹104.90 crore for FY20
LIC appeals against ₹104.90 crore GST demand, interest, and penalty, stating no material impact on financials or operations.
moneycontrol.com
1d
LIC targets 50% in ManipalCigna to enter health insurance space: Report
The Life Insurance Corporation of India (
LIC
) is in advanced discussions to acquire up to a 50 percent stake in ManipalCigna Health Insurance, according to a report by The Economic Times.
3h
on MSN
Will IPRU and LIC outperform amid regulatory noise? Prayesh Jain answers
So, amongst the listed players, obviously three of them have a very high share above 50%. IPRU has around 30% amongst in ...
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