LIC


LIC's Shareholding In Bata India Increases From 4.497% To 6.532%

Banking - Published date: .

The company raises stake in Tata Power from 5.917% to 7.935% Read more

LIC Q4 Net Rises Fivefold To Rs 13,421 Cr, Net Premium Income Dips 8.3%

Banking - Published date: .

The value of new business (VNB) margin for 2022-23 was 16.2 per cent (net) as compared to 15.1 per cent (net) in the pre... Read more

LIC's New Business Premium Drops 50% To Rs 5,810.1 Crore In April

Banking - Published date: .

LIC's group single premium declined 65.76% to Rs 2899.63 crore in April while individual single premium dropped by 23.07... Read more

Govt Appoints Siddhartha Mohanty As Chairman Of LIC Till June 2024

Banking - Published date: .

Appoints Mohanty chairman until June 29, 2024; he'll then take over as MD & CEO Read more

Centre Appoints Siddhartha Mohanty As Chairman Of LIC Till June 2024

Banking - Published date: .

On March 11 Centre had appointed Mohanty as the interim chairperson of the insurance behemoth Read more

LIC Plans Investment Exposure Caps Post Adani Share Rout: Reports

Banking - Published date: .

After the Adani group lost over $100 billion in valuation post scathing allegations by U.S.-based Hindenburg Research, s... Read more

FSIB Recommends Siddhartha Mohanty For LIC Chairperson's Position

Banking - Published date: .

Mohanty is already serving as the interim chairperson of LIC Read more

CCI Allows AGI Greenpac To Acquire Hindusthan National Glass & Industries

Banking - Published date: .

AGI Greenpac has received approval from Competition Commission of India for the proposed acquisition of Hindusthan Natio... Read more

Change Of Guard At LIC: M Jagannath, Tablesh Pandey Appointed MDs

Banking - Published date: .

M Jagannath and Tablesh Pandey named as managing directors of state-owned firm Read more

Managing Director Mohanty Named LIC Interim Chairperson As Kumar Era Ends

Banking - Published date: .

Takes charge on March 14 for three months, faces challenges of LIC's falling market share and share price, apart from de... Read more

Govt Appoints Siddhartha Mohanty As Interim Chairman Of LIC: Report

Banking - Published date: .

Government appointed Siddhartha Mohanty, the managing director and chief executive officer of LIC Housing Finance, as th... Read more

Had Meeting With Adanis, Happy About It: LIC Chairman M R Kumar

Banking - Published date: .

LIC's exposure to the Adani group has been under scrutiny since the report by the US-based shortseller became public Read more

In A Month, LIC Stock Down 15%, Out Of Top 10 In Market Capitalisation

Banking - Published date: .

The state-owned insurer's market value is now down Rs 2.4 trillion, or 40 per cent, compared to initial public offering ... Read more

LIC's Investment In Adani Group Stocks Now Stands Close To Cost: Report

Banking - Published date: .

On January 30, the country's largest insurer had said that it had Rs 26,000 crore of gains in the Adani Group stocks, no... Read more

PNB To Raise Rs 800 Cr In AT1 Bond, Instrument Has 'AA+' From India Ratings

Banking - Published date: .

The Delhi-based lender has board approvals in place to raise Rs 12,000 crore in capital in FY23 through bond issuances Read more

5 PSU Insurers Have Rs 347-crore Exposure To Adani Firms: FinMin

Banking - Published date: .

Earlier this month, Finance Secretary TV Somanathan had termed the Adani issue a 'storm in a teacup' Read more

High ULIP Sales, Annuity Products' Repricing Squeezed LIC Margins

Banking - Published date: .

Analysts expect modest RoEV given lower margin profile than private peers Read more

Neither Macro Fundamentals Nor Country's Image Impacted By Adani Saga: FM

Banking - Published date: .

Banks have an exposure of Rs 80,000 crore to the conglomerate, with the SBI leading the pack with Rs 27,000 crore Read more

M Jagannath And Tablesh Pandey Recommended For Post Of MDs At LIC

Banking - Published date: .

They are likely to succeed two of the four MDs who are are retiring soon Read more

LIC Continues To Bet Big On Adani FPO, Net Gainer Despite Share Price Rout

Banking - Published date: .

Life Insurance Corporation (LIC) is ploughing more money into Adani group's flagship firm as it continues to be a net ga... Read more