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LIC announces 1:1 bonus issue, sets May 29 as record dateLIC announced a 1:1 bonus issue, setting May 29 as the record date for eligibility. This follows Q4 earnings showing a 23% YoY rise in cons...- Expect LIC’s VNB margin to grow 2-3%, India embedded value to surge at least 10% in FY25: Siddhartha MohantyLIC Chairperson Siddhartha Mohanty highlights significant growth in India embedded value and VNB margins, aiming for further growth. Market...
- Ashok Leyland to unveil 5-6 new products under LCV segment: MDEarlier today, Ashok Leyland announced a 16.73 percent rise in consolidated net profit, reaching Rs 933.69 crore in the January-March 2024 ...
- Ashok Leyland hands over keys of 14T Boss Electric truck to Billion E-MobilityAshok Leyland has begun delivering its electric trucks, with the keys of the 14T Boss Electric Truck handed over to Billion E-Mobility at a...
- Switch Mobility rolls out electric-LCVs with car like featuresThe vehicles have a 330 V high voltage EV architecture and are equipped with spacious cargo bodies. The company has secured 13,000 orders f...
- Bengaluru-Chennai express highway to become operational by this year-end, says Nitin GadkariThe Bengaluru-Chennai express highway is expected to be launched by the end of this year or January 2024, according to Union Minister for R...
- Ashok Leyland looks to drive in models with alternate fuel options in next 3-5 years: Dheeraj HindujaIn an interaction with PTI on the sidelines of an event to launch its latest range of electric light commercial vehicles range, Hinduja sai...
- LIC reports Rs 5.41 lakh crore embedded value in FY22-end“As on March 31, 2022, the IEV (Indian embedded value) of LIC of India has been determined to be Rs 5,41,492 crore as compared to Rs 95,605...
- Determining of embedded value likely to be completed by July 15: LICLIC's embedded value was pegged at about Rs 5.4 lakh crore as on September 30, 2021 by international actuarial firm Milliman Advisors. Last...
- Determination of embedded value 'work in progress': LIC MDLIC's embedded value was pegged at about Rs 5.4 lakh crore as on September 30, 2021 by international actuarial firm Milliman Advisors.
- LIC could be a good long-term holdingThe country's largest life insurer and the fifth- largest in the world, based on the gross written premium (GWP), is attractively valued ba...
- LIC's market cap could be Rs 22 lakh crore, ahead of RelianceThe government is yet to clarify how much money it wishes to earn from selling shares in the insurers. Though it will be selling 31,62,49,8...
- FinMin appoints Milliman Advisors for valuing LIC pre-IPOThe firm was chosen from three in the race including EY Actuarial Services and Willis Towers Watson Actuarial Advisory.
- 3 firms in race to be actuarial for LIC IPOEY Actuarial Services, Milliman Advisors and Willis Towers Watson actuarial advisory are in race for being appointed as the actuarial firm ...
- LIC IPO: EY, Milliman and Willis Towers Watson in race for actuarial firm appointmentThe firms have made presentations to the government on Thursday, following which financial bids have been opened.
- LIC IPO: Dipam extends deadline for bids to appoint actuarial firmTaking the next step towards the public listing of the country’s largest public insurer, the Department of Investment and Public Asset Mana...
- FinMin invites bids from actuarial firms for valuing LIC ahead of IPOIn the bid notice, the Department of Investment and Public Asset Management (DIPAM) said LIC needs to develop an Indian Embedded Value (IEV...
- Dr. D's column: Election speeches and the middle class - from Ukraine to India“The middle class really have elected a man who stars in a TV series as the president — as the country’s next real president."
- India to be world's fastest growing economy by 2017: UK confederationAs India's largest employer, UK companies currently employ around 691,000 people across the country -coutning for 5.5% of the total orga ni...
- Monsoon fears, tight NPA norms weigh on Shriram Transport FinanceAn expectation of less than normal rainfall, the regulatory transition to 90-day recognition of NPAs and lacklustre demand in commercial ve...
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