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LIC LEADERSHIP CHANGE
Like banks, leadership rotation rule may apply to large NBFCsThe matter was discussed at a meeting involving the RBI, government officials and representatives from the NBFC sector at the department of...- LIC denies Washington Post report on $3.9 bn Adani link, reaffirms all investments are made with integrityLife Insurance Corporation of India (LIC) on Saturday rejected The Washington Post report alleging that Indian officials drafted a May prop...
- Unions oppose government move to open top bank positions to private sector, demand reversal of policyBank unions strongly protest the government's decision to open top positions in public sector banks to private sector candidates. UFBU argu...
- LIC neutral on composite licenses, prioritizing strength in life insurance: R DoraiswamyLIC remains committed to its core strength in life insurance and pension services, maintaining a neutral stance on composite licenses. The ...
- R Doraiswamy takes over as LIC's MD, CEOR Doraiswamy is now the CEO and MD of Life Insurance Corporation of India. He succeeds Sat Pal Bhanoo. Doraiswamy has a three-year term. He...
- LIC Mutual Fund appoints Nikhil Rungta as Co-Chief Investment Officer–EquityLIC Mutual Fund named Nikhil Rungta as co-chief investment officer – equity (Co-CIO) from June 19, 2024, and notified unitholders via a not...
- LIC to declare fourth quarter results on May 24Life Insurance Corp (LIC) will announce its Q4 earnings on May 24. In Q3, the state-owned insurer posted a 14.6% YoY rise in gross premium,...
- Corner suite exits on the rise as India Inc pushes for growthThe numbers are expected to rise significantly in the coming months, say leadership specialists. The jump in CEO exits in February suggests...
- LIC hopes to mirror last year's $4.9 billion profit from equity sales - chairmanIndia's benchmark Nifty 50 has risen 6.51% so far this year as of Thursday's close, after losing 9.07% in the first half of the calendar ye...
- LIC IPO open for subscription: From GMP to brokerage calls, here's everything you need to knowMajority of brokerages are bullish on India's biggest ever initial public offering and have suggested subscribing to the issue. However, a ...
- LIC IPO to open on Wednesday: Should you subscribe to the mega issue?LIC enjoys a strong market share of 61.6 per cent based on total premium and 61.4 per cent based on new business premium in the first nine ...
- Amid differences between FinMin and Dipam over target, stage set for big bang divestmentDipam, the government's disinvestment manager, believes that it was responsible only to achieve a target of Rs 1.2 lakh crore and blames Co...
- Expect market leadership to move from RIL to BFSI, auto & pharma stocks: SBICap Securities‘Collection efficiencies of microfinance companies will be keenly watched’
- Nimble private insurers chip away at LIC’s leadLIC’s market share by way of adjusted premium equivalent has fallen from 53 per cent in FY16 to 48 per cent in the second half of FY19.
- Tata brand valued at $14.2 billion: Brand FinanceAirtel, Infosys, LIC and HCL followed Tata as other top valuable brands in India, according to Brand Finance India 2018 report.
- LIC to give credit up to Rs 8,000 crore to NHAI this fiscalLIC subscribed to two tranches of bonds with 30-year maturities on exchange bidding platforms.
- JWT rejigs top deck, elevates South India head Rajesh GangwaniGangwani's elevation comes nearly one year after Tarun Chauhan quit as managing partner and head of JWT Mumbai in September last year.
- It is right time look at IT stocks: Nilesh Sathe, LIC Nomura MF"Indications are that the govt is moving in the right direction and the announcements that we have been hearing in the last couple of days,...
- India growth story intact, market will bounce back: DK Mehrotra, LIC of IndiaIn the short term, we may not find much upside in the market, but on a long-term basis, we do feel the market should improve, said LIC chai...
- Metlife wants more bancassurance JVsMetlife India, an affiliate of America’s largest life insurer Metlife, is changing its approach to distribution.
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