Life Insurance Corporation
- India
LIC shares jump after healthy quarter earnings
Mumbai: The shares of the Life Insurance Corporation of India (LIC) went up around 3 per cent in the opening trade on Friday after posting a healthy quarter earnings. The share opened…
- India
LIC shares surge nearly 80 per cent in one year
Mumbai: India’s largest insurance company, LIC’s shares railed 78 per cent over the last one year, following strong operational performance or positive sentiment for PSU shares among the investors. LIC (Life Insurance…
- News
Centre blocks mobiles linked to fraudsters posing as LIC officials
New Delhi: The government on Wednesday said it has taken action against fraudsters sending fake messages posing as Life Insurance Corporations of India (LIC) officials and insurance company representatives for redemption of…
- Business
Govt approves 17% wage hike for 1.10 lakh employees of LIC
New Delhi: The government has approved a 17 per cent overall hike in wages for more than 1.10 lakh employees of insurance giant Life Insurance Corporation of India (LIC). The wage hike…
- News
LIC surpasses SBI to become most valuable PSU firm in India
New Delhi: Life Insurance Corporation of India (LIC) surpassed State Bank of India (SBI) to become the country’s most valued PSU firm by market valuation on Wednesday. Shares of LIC climbed 3 per…
- Business
Govt grants LIC exemption from 25% public shareholding rule till 2032
New Delhi: Government-owned Life Insurance Corporation of India (LIC) said on Thursday that the Finance Ministry has granted it a one-time exemption from the minimum 25 per cent public shareholding rule. The…
- World
Govt mulling to relax retirement age of LIC chairman, PSB chiefs
New Delhi: The government is considering relaxing the retirement age of heads of all public sector banks (PSBs) and Life Insurance Corporation (LIC). According to reports, State Bank of India (SBI) Chairman…
- Business
LIC holding in Tech Mahindra increases to 8.8 per cent
New Delhi: Life Insurance Corporation (LIC) has raised its stake in Tech Mahindra from 6.86 per cent to 8.8 per cent. LIC said in an exchange filing that during the November 21,…
- India
LIC increases holdings in Adani stocks despite Hindenburg controversy
Life Insurance Corporation of India (LIC), one of the investors in the Indian stock market, has increased its stake in four Adani Group companies despite the Hindenburg controversy that dragged down Adani…
- Hyderabad
Hyderabad: LIC cautions public against fraudsters
Hyderabad: The Life Insurance Corporation of India (LIC) has cautioned its customers against cyber fraud after several incidents of fraud where several citizens in Hyderabad have received calls from fraudsters who are…
- India
‘TMC to raise risk exposure of LIC, SBI due to Adani row in Parliament’
New Delhi: The TMC will raise in Parliament issues such as LIC and SBI’s risk exposure, price rise of essential commodities, unemployment and “misuse” of central agencies during the second phase of…
- Hyderabad
Hyderabad: HDFC life insurance asked to pay Rs 45L for service deficiency
Hyderabad: HDFC Life Insurance Company Limited was asked to pay Rs 45,00,000 by the state Consumer Disputes Redressal Commission on account of service deficiency. Monica Khanna, a resident of Narayanguda along with…
- India
‘We need answers’: Oppn asks questions on LIC’s stock value slump in Adani Group
Members of several opposition parties have raised questions on the latest development of the value of stocks held by the Life Insurance Corporation (LIC) of India in the embattled Adani group companies.…
- India
LIC’s investment value in Adani stocks down by Rs 50K crore since Jan
The investments made in the Adani group companies by state-run insurance giant Life Insurance Corporation of India (LIC) have turned negative as of closing on February 23, according to data analysed from…
- Hyderabad
‘Poora kuppa kar diye’: Owaisi targets Modi on LIC’s stake in Adani group
Hyderabad: Referring to an article on the value of investments by the Life Insurance Corporation (LIC) of India, AIMIM chief Asaduddin Owaisi on Thursday targetted the BJP-led centre by saying that Prime…
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