LIC of India launches new insurance plans – Check benefits, eligibility, other details The insurance plans were launched on Monday by LIC CEO and MD Siddhartha Mohanty and will be available both available… 1 year ago
Digital, HR, product mix among focus areas for LIC, says DIPAM Secretary Pandey LIC, India’s largest insurance company, has faced volatile stock performance since its mega IPO listing and has lost significant market… 1 year agoAugust 4, 2024
Wayanad landslides: FinMin directs insurance companies for quick claim disbursement for victims; documentation process relaxed The LIC has been specifically instructed to swiftly disburse claim amounts to policyholders under the PM Jeevan Jyoti Bima Yojana. 1 year agoAugust 3, 2024
LIC raises stake in Sri Lankan subsidiary In a regulatory filing, the public sector life insurer said, the shareholding of LIC in the Lankan subsidiary will increase… 1 year agoJuly 6, 2024
LIC raises shareholding in IDFC First Bank by 0.2% to 2.68% The shares were acquired at Rs 80 per share via private placement offer, as issued by IDFC First Bank on… 1 year ago
LIC redesignates chairman Siddhartha Mohanty as MD and CEO Mohanty took charge as the chairperson of LIC in April 2023. Prior to that, he was the managing director of… 1 year agoJuly 1, 2024
ACESO launches ALIP to help LIC policyholders contemplating policy surrender ALIP provides the opportunity to receive the Surrender Value of their endowment insurance policies, even while preserving their life cover… 2 years ago
LIC to foray into health insurance segment! Here’s what chairman Mohanty has to say on ‘ground work’ In February this year, a parliamentary panel suggested composite licensing for insurance companies. A composite licence will allow insurers to… 2 years ago
LIC PAT rises 2.5%, declares record dividend for FY24 The company posted a net profit of Rs 13,763 crore in the quarter under review, up nearly 46% quarter-on-quarter. 2 years agoMay 27, 2024
SEBI grants LIC extra 3 years to achieve minimum public shareholding SEBI nod to LIC: It received an approval from the markets regulator SEBI for an additional three years to achieve… 2 years ago
Govt may sell 10% in GIC Re in FY25 The official, however, said the government has no immediate plans to sell any more stake in Life Insurance Corporation (LIC),… 2 years agoApril 19, 2024
Meet Lachhman Das Mittal, India’s oldest billionaire – He started his journey as an LIC agent in Punjab and now owns Sonalika Tractor Following retirement in 1996, Lachhman Das Mittal reinvested his savings into founding Sonalika Tractors, a decision that proved transformative as… 2 years agoApril 12, 2024
LIC, Cathay Life, NRMA: Which is the strongest insurance brand globally? Additionally, LIC India achieved the highest first-year premium collection of Rs 39,090 crore in FY23, while SBI Life Insurance and… 2 years agoMarch 26, 2024
SIDBI plans to raise Rs 5,000 crore via rights issue next financial year The refinancing entity for SME finance is witnessing a strong credit growth and to further grow the business, capital would… 2 years agoMarch 12, 2024
We are targeting Rs 1 trillion in AUM by 2026: LIC Mutual Fund CEO ‘We plan to strengthen our equity fund management team. Given how competitive this industry is, consistent performance is what matters.’ 2 years agoFebruary 14, 2024
LIC becomes fifth most valuable firm as stocks soar The stock climbed 5.86 per cent to settle at Rs 1,106.25 apiece on the BSE. During the day, it zoomed… 2 years agoFebruary 8, 2024
LIC Q3 net profit rises 49 per cent to Rs 9,444 crore The country’s biggest insurer had a net profit of Rs 6,334 crore in the year-ago period, according to a regulatory… 2 years agoFebruary 8, 2024
LIC’s holdings at all-time low; MFs’ share in NSE firms at new highs Domestic institutional investors have strengthened their holdings in listed entities, buoyed by inflows from retail investors. 2 years agoFebruary 7, 2024
Upcoming earnings this week: Titan, SBI, Tata Motors, LIC, Adani Ports and over 30 more companies to report Q1FY26
