LIC Sells 2% Stake In NMDC, Bags Over Rs 700 Crore
The sale of 2 per cent stake in open market has fetched over Rs 700 crore to LIC. (File)New Delhi: Life Insurance Corporation (LIC) on Wednesday said it has sold…
LIC’s Net Income Jumps To Rs 8,334 Crore In Q3
LIC earned Rs 1,11,787.6 crore in net premium income during the quarterMumbai: Public sector insurer LIC on Thursday reported manifold jump in net income at Rs 8,334.2 crore during the…
Adani Row: “LIC, State Bank Exposure Tiny,” Finance Secretary Tells NDTV
LIC has invested more than $4 billion in the Adani Group.New Delhi: The risk to the state-run Life Insurance Corporation of India (LIC) and State Bank of India from the…
“Have Right To Ask Questions”: LIC To Talk To Adani Over Hindenburg Report
We are not sure what is the factual position, said LIC Managing Director Raj Kumar.New Delhi: India’s Life Insurance Corporation (LIC) on Monday said it will talk to management of…
Worst Performing IPOs Of 2022. And What You Can Learn From These Debacles
Due to dampened sentiment, too many companies were listed at a discounted price.(File))A lot happened in the financial markets in calendar year 2022. One of the notable events of 2022…
Centre Extends Bid Submission Deadline For IDBI Bank Sale Till January 7
The last date for submission of physical copies of the EoIs has been extended to January 14.(File)New Delhi: The government today extended the deadline to submit preliminary bids for the…
Centre Seeks Private Sector Chief To Head LIC: Report
LIC: The centre will seek to appoint a chief executive from the private sector, officials said. (File)India aims to appoint a private sector professional as the first chief executive of…
LIC Launches 2 New Term Assurance Plans
The Jeevan Amar plan offers the flexibility to choose from two options.(File)New Delhi: Life Insurance Corporation (LIC) has launched two new products — New Jeevan Amar and Tech Term —…
LIC’s Decision To Sell Reliance Capital’s Debt Upsets Lenders, Bidders
LIC is conducting a Swiss Challenge process to invite bids from ARCs.(File)New Delhi: Days ahead of the deadline to submit binding bids, Life Insurance Corporation of India’s move to sell…
LIC Shares Jump 9% To Mark Their Best Intra-Day Gain Since Listing In May
LIC jumps 9% after a surge in quarterly profitShares of Life Insurance Corporation of India rose as much as 9.1 per cent on Monday, their best intra-day percentage gain since…