Page 4 of LIC

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

Life Insurance Corporation of India (LIC)

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

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…

July 4, 2024 16:29 IST

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…

July 2, 2024 04:45 IST

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…

May 31, 2024 11:30 IST

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…

May 28, 2024 14:33 IST

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.

May 28, 2024 03:15 IST

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…

May 15, 2024 13:19 IST

general insurance, gic, insurance, lic, banking

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),…

April 20, 2024 06:30 IST

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Govt offloads a record 5.6 MT of rice to bulk buyers

Economy8 min ago

The government’s rice stocks have hit a record high of over 47 MT, causing concerns about increasing food subsidy costs. Despite efforts to reduce the stock through various schemes, it remains high due to high procurement and strong crop output. The government aims to offload 6 to 7 MT this fiscal, but the stock may remain high.

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