Foreign brokerage Macquarie has initiated coverage on LIC with a 'neutral' rating and a target price of Rs 1,000 per share.

LIC had fixed the price band at Rs 902-949 per equity share for the issue. The offer includes a reservation for eligible employees and poli...

The largest ever IPO of the Indian primary markets, aggregating to Rs 20,557 crore, is open for subscription till May 09. The retail bidder...

"Despite pandemic, it was notable to witness an increase in export of Nepal to India in the last FY 2020/21 by 50 percent and India’s expor...

The listing of LIC is set to be India's biggest ever IPO, with the government aiming to raise up to Rs 90,000 crore ($12.18 billion) from i...

The list includes Goldman Sachs, Citigroup, Kotak Mahindra and SBI Caps, Reuters quoted a government source as saying.

From 168 offices in 1956, it today has over 4,826 offices, 1.11 lakh employees, 11.48 lakh agents and 29 crore plus policies in force.

"We are now waiting for the approval from Central Bank of Bahrain (which also regulates that country's insurance industry) to kick off our ...

The Bahrain-headquartered LIC International is present in five Gulf Cooperation Council (GCC) countries of Bahrain, Dubai, Kuwait, Oman and...

LIC has eased the procedure for settlement of claims on the lives of flood victims who are policyholders, the insurer said in a statement.

Bangladesh has granted permission to the LIC to run its business, making it the second foreign insurance company to operate in the country.

"The claims will be settled as and when they are lodged. The company has got sufficient solvency margin to settle the claims," he added.

Sushobhan Sarkar is understood to have set up a risk-management system. He's known to be very methodical and follows rules and regulations.

LIC plans to recruit around 10,000 employees in the current fiscal to give a push to its growth plans.

Country's largest life insurer LIC is losing business in the overseas market year after year as it has failed to attract new customers amid...

LIC is planning to set up a representative office first and later a subsidiary in Singapore, which could serve as its base for the region.

Financial sector juggernaut LIC is now on the look out for a potential buy abroad. The company is planning to use its massive cash reserve ...