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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
With $500 billion in reserves, LIC is the world’s fourth largest insurer
Life Insurance Corporation of India (LIC) is the world’s fourth largest insurer based on reserves, …
3 mins read
Will meet Adani Group top management soon says LIC chairman
The LIC management will soon meet the top management of the crisis-ridden Adani Group and seek clar…
PTI
3 mins read
India’s oldest billionaire started his business after retiring from LIC
92-year-old Lachman Das Mittal is India’s oldest billionaire with a net worth of $2.5 billion as pe…
3 mins read
India’s largest insurer cuts down its paperwork and that’s helped cut its costs by 40%
Eliminating paperwork has helped it cut costs by a massive 40%. Since their customers are…
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
LIC IPO: Here is a list of LIC policies not eligible under policyholders’ special quota
While investors and policyholders of Life Insurance Corporation (LIC) are awaiting the country’s la…
2 mins read
58,000 PSU general insurance employees to go on a 2-day strike seeking wage revision
Over 58,000 employees in the public sector general insurance companies will go on a 2-day strike on…
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…
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
1 min read
LIC contributes Rs 105 crore towards PM-CARES Fund
"India is facing a huge challenge in the wake of the global pandemic which is unprecedented in its…
PTI
1 min read
PFRDA likely to add 10-12 new subscribers by fiscal-end: Chairman
"By the end of the fiscal if you look at APY, there may be another close to 8-10 lakh additions and…
PTI
3 mins read
Why India’s reliance on state insurance giant LIC to bailout troubled lenders is worrying
India’s regulators restrict investments by insurance organisations to a maximum of 15…
2 mins read
Anant Ambani ties the knot with Radhika Merchant in extravagant wedding ceremony
The long-awaited moment has finally arrived as Anant Ambani and Radhika Merchant are now married. T…
ANI
1 min read
Mukesh Ambani joins COP28 Advisory Committee
Mukesh Ambani, Chairman and Managing Director, Reliance Industries, has been appointed as the membe…
2 mins read
Not the first time FPO is taken back, won't affect image of the country: FM
Speaking after a post-Budget 2023-24 conference in Mumbai on Saturday, while mentioning the FPO of …
ANI
2 mins read
Vikram-S marks "The Beginning" of private venture in Indian space programme with maiden success
India on Friday successfully placed three satellites into orbit on a rocket completely developed by…
5 mins read
Adani Transmission becomes first group company to hit ₹4 lakh crore market cap
Billionaire Gautam Adani-owned Adani Transmission has become the first group company to reach ₹4 la…
2 mins read
Reliance adds over 2 lakh new jobs in India in FY22 – every 3 out of 4 new jobs are from retail alone
The Mukesh Ambani-led oil-to-chemical conglomerate Reliance Industries Limited (RIL) added over 2.1…
4 mins read
Mukesh Ambani’s Jio Financial Services’ deep pockets and wide reach to challenge the likes of Paytm, Bajaj Finance
Jio Financial Services (JFS) could emerge as the fifth largest financial services company in terms …