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 Issues Clarification On Reports Of Stake Acquisition In ManipalCigna Health Insurance
India's largest public sector insurer, Life Insurance Corporation of India (LIC) on Thursday (November 28) through the regulatory filing issued a clarification related to speculation about the company's potential acquisition of a 50 per cent stake in ManipalCigna Health Insurance.
LIC Eyes Rs 2,000 Crore Stake In ManipalCigna To Enter Health Insurance Market: Report
LIC is in talks to acquire a 50% stake in ManipalCigna Health Insurance, valued at Rs 4,000 crore, signaling its entry into the health insurance sector. The deal would diversify LIC's portfolio and leverage rising demand for medical coverage.
LIC shares in focus on likely health insurance foray
LIC shares are in focus in Thursday's trade as the largest public insurer is set to enter the health insurance space. The company as per reports is in discussion to acquire as much as 50 per cent stake in Manipal Cigna 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
moneycontrol.com3h
LIC’s acquisition of ManipalCigna could shake-up the health insurance sector: Analysts
Despite a 12 percent rise in LIC's share price this year, the stock continues to trade below IPO price LIC’s reported move to acquire a 50 percent stake in ManipalCigna Health Insurance could ...
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.
cnbctv181d
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 ...
moneycontrol.com4h
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.
LIC displays Hindi on website, MK Stalin slams ‘language imposition by force’; insurer blames ‘technical issue’
LIC attributes the default Hindi setting on its website to a technical glitch, following backlash from Tamil Nadu and Kerala.
LIC shares climb 4%, cut gains as insurance company clarifies on rumours
LIC shares jumped 3.95 per cent to hit a high of Rs 952.50 on BSE. The stock was later trading at Rs 931.55, still up 1.67 ...