The shares of insurance sector giant Life Insurance Corporation of India (LIC) debuted on the stock exchanges on a weak note on Tuesday. This led to the bombardment of hilarious memes and jokes on the social media platforms. Take a look!
Applicants, who have checked allotment status and were not allotted shares of LIC, will get back their money as initiation of the refund process began on Friday.
The Supreme Court on Thursday refused to grant any interim relief and stay the Life Insurance Corporation (LIC) IPO share allotment on a batch of pleas filed by some policy holders.
Foreign institutional investors stepped up their bids for India's biggest share sale in the last hours before the close of subscription on Monday, shunning currency risks and global market uncertainties.