Both Coal India and Life Insurance Corporation of India are part of government divestment programs.
2 reports, 2 independent
Updated Aug 4
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What happened
Both Coal India and Life Insurance Corporation of India are part of government divestment programs.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Both Coal India and LIC are part of government divestment programs.1 source
LIC's Offer for Sale (OFS) is a major transaction in the Mumbai market.1 source
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The entities involved
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Coal India
Indian state-owned company
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Life Insurance Corporation of India
Indian state-owned insurance group and investment company
Related events
- The government is disinvesting its equity stake in the Life Insurance Corporation of India.
- IAF clientele includes services from Coal India and its subsidiaries.
- Life Insurance Corporation of India and HDFC Life are competing in the life insurance market.
- LIC sold a stake through the Offer for Sale (OFS) mechanism on August 28, 2026.
- The Government of India divested a stake in LIC through a broker syndicate involving Motilal Oswal, BNP Paribas, and Goldman Sachs.