Rating: Buy; Strong product segments of LIC driving growth LIC anticipates 15% CAGR in APE and 27% VNB CAGR in FY23-25. May 29, 2023 02:15 IST
Focus on profitable market share: LIC chairman Mohanty, however, hastened to add that LIC would not ignore the conventional way that market share is defined. May 26, 2023 05:00 IST
LIC’s New Pension Plus Plan 867 calculator: How much can you get with Rs 5000 or Rs 10,000/month? LIC New Pension Plus (Plan 867) calculation: The New Pension Plus (Plan no. 867) by LIC of India is a… Updated: May 25, 2023 17:31 IST
LIC share price surges nearly 4% today after 5-fold jump in Q4 net profit; stock still down 35% from IPO LIC shares jumped after strong quarterly results. But the stock is still down 35% from the IPO price of Rs… Updated: May 25, 2023 10:29 IST
LIC Q4 net profit surges over 5-fold to Rs 13,191 cr The income from renewal premiums in the reporting period rose to Rs 76,328 crore compared to Rs 71,473 crore a… May 24, 2023 21:58 IST
Life insurers rejig sales to beat tax on high-value policies According to industry sources, the Budget proposal has made insurers look at newer markets and deepen penetration to increase growth… May 24, 2023 05:20 IST
LIC Housing extending loan term to ease borrower burden The interest rate on home loans has risen sharply in recent months, with the Reserve Bank of India hiking the… May 23, 2023 00:40 IST
LIC shares fall nearly 40 pc in first year of listing; investors’ wealth erode by Rs 1.93 lakh crore Shares of LIC had listed at Rs 872 on the BSE and at Rs 867.20 on the NSE. The stock… May 17, 2023 19:35 IST
One year of LIC IPO: Shares still down 34% from listing price; should investors buy, sell, hold LIC stock now? LIC shares were trading flat at Rs 568 today while benchmark indices, NSE Nifty 50 and BSE Sensex tanked over… Updated: May 16, 2023 15:22 IST
LIC MF sees merger with IDBI MF being completed in H1 LIC Mutual Fund expects the proposed merger between it and IDBI Mutual Fund to be completed by the first half… May 12, 2023 00:15 IST
Ensuring insurance for all Fair pricing along with methods aimed at easing the maintainance of schemes can greatly help the weaker sections of society… May 9, 2023 04:30 IST
Wake-up call for insurers Sebi’s order on front-running shows why LIC must set up adequate processes to prevent such errant practices May 8, 2023 04:15 IST
Siddhartha Mohanty appointed LIC chairman The government on Friday appointed Siddhartha Mohanty as the chairman of Life Insurance Corporation of India till June 2024. April 29, 2023 03:10 IST
LIC employee, four others under Sebi lens for front-running The Securities and Exchange Board of India issued an interim ex parte order on Thursday against five suspected entities for… April 28, 2023 01:45 IST
Life insurance: Disclose true health status when buying a term plan Among the death claims, more than 85% are non-early in nature, i.e., the claims that arise three years after buying… April 5, 2023 00:30 IST
LIC, GIC Re, New India remain Domestic Systemically Important Insurers: Irdai Domestic Systemically Important Insurers (D-SIIs) refer to insurers of such size, market importance, and domestic and global interconnectedness, whose distress… March 31, 2023 22:12 IST
LIC hits lowest close since listing, down 39% Shares of LIC closed at their lowest level since listing, at Rs 536.95, on Tuesday. March 29, 2023 03:45 IST
LIC sells 2 pc stake in NMDC between December and March, garners over Rs 700 crore The sale of 2 per cent stake or a little over 5.88 crore shares in open market has fetched over… March 15, 2023 15:48 IST
LIC appoints Tablesh Pandey and M Jagannath as MDs, Siddhartha Mohanty takes over as interim Chairman LIC on Tuesday announced the appointment of Tablesh Pandey and M Jagannath as Managing Directors of the corporation, with effect… March 14, 2023 14:32 IST
LIC’s debt exposure in Adani group companies dips marginally to Rs 6,183 cr as of March 5 In a written reply to the Lok Sabha, Finance Minister Nirmala Sitharaman said, “The Life Insurance Corporation of India (LIC)… Updated: March 13, 2023 15:59 IST
‘Internal person to be new LIC chairperson’ Current LIC chief MR Kumar’s tenure ends on March 13. March 13, 2023 01:15 IST
Interview | Right time to consider fixed income, stay invested for longer term: LIC MF’s Marzban Irani With the Centre having to spend on infrastructure, health, and education, they have seen the need for capital, and thus… March 8, 2023 00:35 IST
10 Photos Top 10 business news today: Arun Jaitley warns Vijay Mallya over debt recovery, Tata Sons to hike AirAsia India stake, Xiaomi Mi 5 to be launched soon, Tata tiago, more Prime Minister Narendra Modi on Monday said the growth in the Indian economy was led by some of the reforms… March 29, 2016 11:16 IST View Photos
