Life Insurance Corporation


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

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 To Soon Start Selection Process For New LIC Chairman This Month

Banking - Published date: .

The Financial Services Institutions Bureau (FSIB), the headhunter for directors of state-owned banks and financial insti... 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

LIC Appoints Tablesh Pandey As Managing Director, Effective April 1

Banking - Published date: .

Life Insurance Corporation (LIC) on Tuesday said it has elevated Tablesh Pandey, executive director of the company, as i... 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

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

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

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

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

LIC Ups Stake In Capri Global To Over 7% With Rs 221 Cr Investment

Banking - Published date: .

LIC has increased its stake in non-banking finance company Capri Global Capital, to over 7% from 5% earlier, during the ... Read more

Determination Of LIC's Embedded Value Likely To Be Completed By June 30: MD

Banking - Published date: .

The Embedded Value (EV) is a measure of the consolidated value of shareholders' interest in the life insurance business. 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