Page 4 of LIC

HDFC, SBI, HDFC Life, SBI Life, shares, market, LIC

Bancassurance remains a key distribution channel for life insurers, contributing over 55% of the life insurance industry’s Rs 3.78 trillion…

Updated: November 28, 2024 21:23 IST

Union Finance Minister Nirmala Sitharaman and Congress MP Manickam Tagore. (Photo: Facebook)

‘Amendments deeply troubling’: Congress MP writes to Sitharaman over changes in LIC policies

Tagore outlined several key issues with the new policies, including an increase in the minimum sum assured to Rs 2…

November 11, 2024 11:31 IST

Life insurers’ new business premium grow 13% to Rs 30,348 crore in Oct

Life Insurance Corporation of India (LIC), the country’s largest life insurer, saw a 9% YoY rise in new business premiums…

November 10, 2024 00:30 IST

Life insurers’ new business premium grows 14 per cent in September

In the private sector, SBI Life Insurance led with ₹2,991.77 crore in new business premiums in September, followed by HDFC…

October 12, 2024 05:30 IST

LIC, Bank of Maharashtra, shareholding, QIP, banking operations, market cap, banking sector

LIC raises its stake in Bank of Maharashtra from 4.05% to 7.10% through QIP

LIC informed the exchanges that the holding in the company has touched 5 per cent upon allotment of 3.376 per…

October 6, 2024 10:45 IST

Life Insurance Corporation of India (LIC)

LIC reduces stake in Mahanagar Gas by 2.091%

LIC sold the shares through open market transactions, in the ordinary course of its investment function. The shares were offloaded…

September 27, 2024 17:11 IST

Coldplay India Tour Vs IPO allotment: Handy tips on how to invest your money this September?

Coldplay in IPO season: Handy tips on how to invest your money this September?

Here are 6 handy tips to increase the prospects of IPO allotment in the next issue that you may apply.…

Updated: September 24, 2024 22:11 IST

rent, delhi rent, RentenPe, house rent, house rent in mumbai, real estate

Bajaj Housing Finance Vs LIC Housing Finance: What’s a better stock to pick? Check on valuations, market cap and asset quality

BHFL has become the largest housing finance company by market capitalisation, reaching Rs 1.51 trillion—over 2.5 times its IPO valuation…

September 18, 2024 13:17 IST

Infosys, LIC, digital transformation, AI capabilities, artificial intelligence

Infosys collaborates with LIC to accelerate digital transformation

As part of the collaboration, Infosys will enable the creation of a cutting-edge NextGen Digital Platform, which will focus on…

September 16, 2024 10:06 IST

LIC noted that this order is appealable before the commissioner of commercial tax (appeals), Karnataka.

LIC gets Rs 606-cr GST demand notice from Maha

The deputy commissioner of state tax, Mumbai, has issued a demand of Rs 605.59 crore for FY20, including GST, interest,…

August 30, 2024 03:23 IST

LIC’s new term insurance plan: Eligibility, premium and benefits

Life Insurance Corporation of India (LIC) has launched a term insurance plan called LIC Digi Term – a non-par, non-linked,…

August 13, 2024 14:56 IST

lic, life insurance premiums, lic premium, money, insurance

Life insurance premiums rise 14% in July

LIC’s premiums surged 20% year-on-year, totalling ₹18,431 crore, compared with ₹15,387 crore in July 2023.

August 13, 2024 00:30 IST

LIC Q1 net profit rises 9% to Rs 10,461 crore

The life insurance behemoth posted a net profit of Rs 9,544 crore for the corresponding quarter of the previous year.

Updated: August 9, 2024 13:03 IST

LIC Q1 Results 2024: Date, Earnings Call Time, and Where to Watch?

The Q1 results will likely include key metrics such as net profit, revenue, premium income, and other critical financial indicators…

August 7, 2024 18:05 IST

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…

August 5, 2024 19:53 IST

lic, ipo, Digital, HR, product mix, banking

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…

August 4, 2024 21:59 IST

wayanad, wayanad landslide insurance, lic, wayanad landslide toll, insurance for wayanad victims, finance ministry

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.

August 3, 2024 18:12 IST

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…

July 7, 2024 04:40 IST

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A viral Reddit post has triggered debate about unpaid pre-shift labour after a line cook alleged that his manager expected him to work 20 minutes each day without pay.

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SEBI steps in to fortify bond markets

Market18 min ago

Retail bond market on the rise, but caution urged against unregistered online bond platform providers (OBPPs). SEBI-registered OBPPs see increase in trade volume and retail and HNI participation. Regulatory concerns over unregulated platforms advertising high returns on low-rated bonds without disclosing risks. SEBI’s warning to avoid unregistered platforms and verify registration status.

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