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LIC

LIC eyes doubling policy sales at 4 crore; to hire 2 lakh agents

Giving itself an ambitious target, insurance behemoth LIC aims to double its business in terms of new policy issuance to four crore in the current fiscal and will hire two lakh new agents to augment its field strength.

LIC eyes doubling policy sales at 4 crore; to hire 2 lakh agents

LIC’s Gulf arm tops overseas chart, chips in with 80 pct income

LIC has had a good run in the Gulf countries with its Bahrain-based arm LIC International that manages the GCC markets becoming the best among its eight international subsidiaries in terms of new business premium collection i

IRDA okay with LIC investment in public sector banks

According to an official, the regulator did not find anything wrong with its investment pattern in PSU banks. Earlier, the RBI had expressed concern over LIC making huge investments in PSU banks, saying it can “affect the f

IRDA okay with LIC investment in public sector banks

LIC hikes stake in NTPC to 12.98%

LIC, which had 9.08 per cent stake earlier, hiked its shareholding in the company to 12.98 per cent by buying shares between July 25, 2014, and February 24, 2016, NTPC said in a filing to the BSE.

LIC hikes stake in NTPC to 12.98%

LIC Housing Finance profit up 22% at Rs 419 crore

LIC Housing Finance on Saturday reported a 21.6 per cent rise in net profit at Rs 418.90 crore for the third quarter ended December 31.

LIC Housing Finance profit up 22% at Rs 419 crore

LIC eyes 10% stake in CDSL from BSE for about Rs 83 crore

State-owned life insurer LIC is likely to buy 10 per cent stake in Central Depository Services Ltd (CDSL) from BSE in a deal that may value the leading depository at about Rs 825 crore.

LIC eyes 10% stake in CDSL from BSE for about Rs 83 crore

LIC in talks with state-run banks for Nomura stake sale

Life Insurance Corporation (LIC) has initiated talks with public sector banks to sell the 35 per cent stake held by its Japanese partner Nomura in its mutual fund arm, sources at the insurance behemoth said.

LIC in talks with state-run banks for Nomura stake sale

LIC Housing Finance reports 21 per cent rise in Q2 net profit

LIC Housing Finance reported results for the second quarter (Q2) ended September 30, 2015 on Thursday.

LIC Housing Finance reports 21 per cent rise in Q2 net profit

LIC big market player, not only to bailout disinvestment: FM Arun Jaitley

Confident of meeting the "ambitious" disinvestment target of Rs 69,000 crore this fiscal, Finance Minister Arun Jaitley today said the government has moved fast so far and all routes are open on this front, including strategi

LIC big market player, not only to bailout disinvestment: FM Arun Jaitley

Ulips drive private players’ growth

Private life insurers reported a 24% growth in individual annualised premium in July as unit-linked products continue to drive premium volumes.

LIC trims stake in Maruti to 6.22 per cent

State-owned insurer LIC has sold over 2 per cent stake in Maruti Suzuki India reducing its holding to 6.22 per cent in the the country's largest car maker.

LIC trims stake in Maruti to 6.22 per cent

Cairn Energy, LIC hold key to Cairn-Vedanta merger

Edinburgh-based Cairn Energy plc and state-owned insurer LIC hold the key to billionaire Anil Agarwal's move to absorb his cash-rich oil firm Cairn India Ltd into debt-laden resources arm Vedanta Ltd.

Cairn Energy, LIC hold key to Cairn-Vedanta merger

LIC brushes aside RBI worries on investment in PSU banks

The banking regulator red flagged its concerns after the LIC increased its stake in several PSU banks last year.

LIC brushes aside RBI worries on investment in PSU banks

Add LICHF as strong NII drives core earnings: Kotak Institutional Equities

Retain ‘add’ on LIC Housing Finance (LICHF) with a target price of Rs 500 a share...

At Rs 83,000 cr, LIC boasts a tenth of ownership in listed banks

Life Insurance Corporation of India (LIC) boasts nearly a tenth of ownership in listed banks in the country...

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