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5 mins read

EXCLUSIVE: Ahead of the LIC IPO, a large tender from India's largest insurer is inviting bids from payment aggregators

Business Insider has learnt that, on February 5, 2021, LIC floated the “request for proposal (…

Business Insider Latest Story Image
1 min read

No proposal to merge LIC Housing Finance with any other entity: LIC

IDBI Bank, in which LIC holds 51 per cent stake, had reported widening of its standalone net loss …

PTI   


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4 mins read

Power, banking and IT stocks see sharp sell-off on FII pull out and as investors carve out money for LIC IPO

In the last few months, the US central bank has been looking to stop measures for economic stimu…

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5 mins read

Bank unions strongly oppose divestment, a bad bank and threaten to strike

Banking unions aren’t happy with the government’s plans to divest stake in public sector banks (PSB…

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4 mins read

How RBI's proposed restrictions may affect your dividends

The Reserve Bank of India issued a draft circular that proposed restrictions on non-banking finance…

Business Insider Latest Story Image
2 mins read

LIC Merchant portal helpline number

LIC Merchant Premium Collection Portal is the online mode of collecting the LIC policy premium…

Business Insider Latest Story Image
2 mins read

IndianOil, LIC and SBI are the only state-owned entities to feature in Brand Finance’s list of ‘most valuable’ brands

Both the Navratna companies — IOC and LIC — have risen in their rankings this year. But Indian O…

Business Insider Latest Story Image
2 mins read

After IDBI Bank, LIC now has to bail a huge infrastructure lender out

LIC is the largest shareholder in IL&FS, with a 25.34% stake. It will pump ₹40 billion int…

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2 mins read

India’s largest insurer is bailing out a dying bank at the behest of the government

On July 16th, the board of the state-owned Life Insurance Corporation of India, the country’s large…

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2 mins read

Indian government’s ₹3 trillion gift to banks ended in a money pit

The Government of India and the country’s largest insurer LIC made a losing bet on Indian publi…

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2 mins read

LIC sets record on claims front, settles 99.92 per cent cases

"LIC has settled 99.92 per cent of death claims in 2016- 17, which is undoubtedly one of th…

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2 mins read

The Indian government wants to merge more public-sector banks

The Indian government has reportedly asked the RBI to draw up a list of banks that can be merg…

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1 min read

LIC’s maiden product ULIP to be launched tomorrow

The policy holders will have options to choose from any of the four funds -- bond fund, secured fun…

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4 mins read

More losses than profits! Read the real numbers here

In this year’s Railway Budget, Suresh Prabhu increased plan outlay to Rs 1.21 lakh crore from aroun…

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22 mins read

10 best tax-saving investments

We have ranked 10 most common investments under Sec 80C on five parameters: returns, safety, flexib…

Economic Times   


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3 mins read

IPO Mania on D-Street to continue in October-November; Hyundai, Swiggy look to raise Rs 60,000 crore

As per reports, the Indian markets can expect around 30 IPOs before the end of 2024. The biggest of…

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3 mins read

Synology bets big on the Indian market amid strong growth, growing demand

Taiwanese storage solutions provider Synology introduced several new products aimed at offering dat…

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4 mins read

Qatar Investment Authority unit, SBI funds, Citigroup biggest buyers in Adani Energy's USD 1 billion QIP

The Rs 8,373.10 crore (USD 1 billion) qualified institutional placement (QIP) of Adani Energy Solut…

PTI   


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6 mins read

Budget A-Z, for the GenZ: A fun and handy guide for major terms around upcoming Union Budget

From fiscal deficit to GDP, understand key terms to navigate the financial landscape and make the m…

Business Insider Latest Story Image
2 mins read

Mutual fund stake in NSE-listed cos at all time high; FPIs at 11-yr low

The share of Domestic Institutional Investors (DIIs), which includes domestic mutual funds, insuran…

PTI