Analyst Predictions: Investment bank Jefferies estimate Jio’s valuation at a staggering $133 billion (around Rs 11.11 lakh crore). Potential for Largest IPO: This valuation could propel Jio’s IPO to become the biggest in Indian history, surpassing the record held by Life Insurance Corporation (LIC). There are a few factors contributing […]
LIC
The Life Insurance Corporation of India (LIC) reported a 2.5 percent year-on-year increase in net profit, reaching Rs 13,762 crore for the March quarter of the financial year 2023-24, compared to Rs 13,421 crore in the same period the previous year. On May 27, the country’s largest insurer announced that […]