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1 min read
Govt appoints Siddhartha Mohanty as new LIC chairman
Siddhartha Mohanty has been appointed as the new Chairman of Life Insurance Corporation of India (L…
PTI
2 mins read
LIC's embedded value is estimated at Rs 5.4 lakh crore
Asian life insurance giant, the Life Insurance Corporation of India on Thursday said its Indian Emb…
2 mins read
SEBI bans five entities in LIC front running case, impounds ₹2.44 crore
Financial markets regulator Securities and Exchange Board of India (SEBI) has banned three individu…
ANI
3 mins read
Proposed amendments to insurance laws may lead to disputes in health claims, misappropriation: Unions
The Unions also said the proposed amendments does not define the term liability which may lead t…
1 min read
LIC IPO to be launched between Jan-Mar 2022
According to Tuhin Kanta Pandey, Secretary, Department of Investment and Public Asset Management…
2 mins read
LIC IPO: Government picks 10 merchant bankers including Goldman Sachs, Citigroup Global and Nomura
The disinvestment department had invited applications for the appointment of merchant bankers…
PTI
1 min read
LIC to raise stake in Kotak Mahindra Bank to nearly 10%
The hike in stake by LIC is subject to RBI's master directions on prior approval for acquisiti…
PTI
4 mins read
Three new IPOs opening this week — Paradeep Phosphates, Ethos, eMudhra while LIC to list on exchanges tomorrow
Even in times of volatile market conditions, three companies are looking to raise over ₹2,300 crore…
2 mins read
LIC IPO to launch in October — Government may reserve 10% portion for policyholders
"It may happen after October... around Diwali," Pandey said in the interview. "This …
3 mins read
Looking to unlock value in IDBI Bank: LIC chief
Explaining further, the corporation's appointed actuary Dinesh Pant said, "LIC (Act) has got a Sec…
PTI
2 mins read
Interest of LIC policyholders will be protected, says Anurag Thakur
New Delhi, Feb 3 () The government will protect the interest of policyholders of LIC, which is like…
PTI
2 mins read
India's largest-ever IPO may be shelved until next year
Finance Minister Nirmala Sitharaman while presenting the Budget 2020-21 had announced stake sale…
PTI
2 mins read
The much awaited mega-IPO of LIC could be delayed, says Fitch
The Indian government's proposed IPO of state-owned Life Insurance Corporation of India (LIC) will …
1 min read
LIC Housing Finance identifies 14 projs for alternative investment fund
"We have some 14 projects (eligible) for the alternate investment fund created last year. We have a…
PTI
1 min read
LIC Housing Finance blocks Orbit Corp’s Mumbai project
The lender had taken possession of the property following the developer defaulting on loans worth…
8 mins read
Income tax cuts, stake sale in LIC and other highlights from Finance Minister Nirmala Sitharaman's budget speech
Finance Nirmala Sitharaman presented her second annual budget speech. The top highlights from the b…
3 mins read
Insurance stocks climb on government’s common licence proposal for all insurance businesses
The Nirmala Sitharaman-led Ministry of Finance announced its proposed amendments on November 29 …
1 min read
SEBI bars Reliance Home Finance, Anil Ambani and 3 others people from market for alleged fraud activities
In a 100-page interim order, the regulator also restrained the individuals from "associating t…
PTI
2 mins read
Digital lending platforms see 3x year-on-year rise in disbursals to ₹14,016 crore in Q2 FY23
Fintechs issuing digital loans witnessed an over three-fold disbursal growth in Q2. The number and …
4 mins read
Sensex, Nifty50 post negative returns this week as autos drag – PSU banks surge
India’s benchmark indices Sensex and Nifty50 posted negative returns this week with the auto and me…