LIC


Answer On LIC, SBI's Exposure To Adani Stocks: K T Rama Rao To NDA Centre

Banking - Published date: .

The ruling BRS in Telangana on Saturday said the NDA government at the Centre needs to answer serious questions on LIC a... Read more

LIC, SBI Savings At Risk Amid Hindenburg Report On Adani? Here's What Banks Say

World - Published date: .

Congress general secretary Jairam Ramesh said that the high exposure of financial institutions such as the LIC and the S... Read more

IDBI Bank Signs Agreement To Transfer IDBI MF Business To LIC Mutual Fund

World - Published date: .

LIC completed the takeover of IDBI Bank, the sponsor of IDBI Mutual Fund, in January 2019. However, LIC has its own asse... Read more

Govt May Seek EoI For Concor Disinvestment In Jan, Extend IDBI Bank Bid Deadline

World - Published date: .

The last date for submitting the EoIs for strategic disinvestment of IDBI Bank is likely to be pushed to mid-January sin... Read more

LIC Hopes To Mirror Last Year's $4.9 Bn Profit From Equity Sales

World - Published date: .

LIC aims to increase its share of premium or participating policies to 15% in two years from the current 9% Read more

LIC Q2 Results: PAT Rises Multi-fold To <span Class='webrupee'>₹</span>15,952 Cr, Net Premium Income Up 27%

World - Published date: .

LIC's net premium income improved to ₹1.32 lakh crore in Q2, up 27% from ₹1.04 lakh crore in the year-ago period Read more

Govt Nudges LIC To Tweak Product Strategy For Better Investor Return

Banking - Published date: .

The government is nudging LIC to tweak its product strategy to maximise profitability in a bid to help the country's lar... Read more

LIC's Share In NHPC Comes Down To 5.2% From 7.2% Over Seven Months

Banking - Published date: .

Country's largest insurer LIC on Wednesday said its shareholding in hydro power generator NHPC has come down to 5.2 per ... Read more

LIC Sells Over 2% Stake In Power Grid For Rs 3,079 Crore In 5 Months

Banking - Published date: .

LIC has sold over 2 per cent of its holding in Power Grid Corporation over the past five months for Rs 3,079.43 crore, t... Read more

Centre, LIC To Disinvest 60.72% Stake In IDBI Bank

World - Published date: .

The Centre will divest 30.48 per cent stake and Life Insurance Corporation of India (LIC) will offload 30.24 per cent Read more

LIC Increases Stake In Deepak Nitrite To 5.028%. Details Here

World - Published date: .

LIC increased its stake by 0.051% in Deepak Nitrite by increasing its shareholding to 68,58,414 equity shares or 5.028% ... Read more

LIC Adds Rs 1,983 Cr In Kitty By Offloading Shares In Siemens, Icra

Banking - Published date: .

LIC said its holding in Siemens decreased by over 2 per cent from October 14, 2020, to July 18, 2022, at an average cost... Read more

CoC Members, Bidders Must Be Barred From Buying RCap Bonds Held By LIC: NGO

Banking - Published date: .

They are "insiders" and have access to crucial information, says Infrastructure Watchdog; meanwhile, last date if bond s... Read more

LIC Increases Stake In Capri Global Capital, Hero MotoCorp And HUL

Banking - Published date: .

The acquisition of the incremental stake in Capri Global Capital Ltd happened at an average cost of Rs 624.61 and that f... Read more

LIC Hikes Stake In Capri Global Capital To Over 7% For Rs 221 Cr

Banking - Published date: .

Acquires about 3.6 mn shares at an average price if Rs 624.61 a share Read more

Top Headlines: RBI Steps In To Save Rupee, Power Crisis Deepens, And More

Banking - Published date: .

India's Minister of State for New and Renewable Energy Bhagwanth Khuba launched a "Ghar Ke Upar Solar Is Super" - anothe... Read more

LIC Booked Rs 42,000 Cr Profit From Equity Markets In FY22, Up 16% YoY

Banking - Published date: .

The LIC management clarified on Tuesday that profit should be looked at from the full-year perspective Read more

LIC To Declare Q4 Financial Results And Consider Dividend Next Week

Banking - Published date: .

The meeting will also consider payment of dividend, if any, LIC said Read more

LIC Debut Is 2nd Worst Among 11 Global Firms That Raised Over $1 Bn In 2022

Banking - Published date: .

The poor listing is set to disappoint millions of small-time investors who bid enthusiastically for the issue because of... Read more

'Accumulate LIC Stock For Long Term': Analysts On Firm's Lacklustre Debut

Banking - Published date: .

Shares of much-anticipated Life Insurance Corporation of India (LIC) made a weak listing on the stock exchanges on Tuesd... Read more