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LIC PRESS MEET
Shiv Sena (UBT) MP Sanjay Raut challenges PM Modi to hold press conferenceShiv Sena leader Sanjay Raut has challenged PM Narendra Modi to a press conference. Raut wants the Prime Minister to detail his 12 years in...- LIC Amritbaal children plan 874 launched; know details about this new insurance policy for kidsLIC Amritbaal children's policy launched: A new insurance policy specifically for kids aged 30 days to maximum 13 years has been launched b...
- LIC shares jump 9%. Here are 2 reasons behind the surgeThe total amount of refund was Rs 25,464.46 crore. However, the Income Tax department released Rs 21,740.77 crore in February. In Q3 FY24, ...
- LIC management on cutting IPO size, reducing valuation & LIC 3.0“We may have to rethink the strategy. Already we have changed the strategy to an extent where we have a separate fund for ULIPs, for exampl...
- LIC IPO: 2 things policy holders must have to applyIRDAI has approved LIC India's request to be allowed to go for an IPO of shares. Policyholders may be offered a discount on the price of sh...
- Govt working on ESG ranking for LIC ahead of public offerThe finance ministry is working to obtain ESG (environment, social and governance) score for Life Insurance Corporation of India (LIC) befo...
- LIC Dhan Rekha savings life insurance plan: Check policy, death benefit, maturity detailsAccording to the press release by LIC, the Dhan Rekha plan pays a percentage of the basic sum assured as a survival benefit at regular inte...
- LIC asks Karnataka govt to retain it as the Bhagyalakshmi scheme implementing agencyTwo months ago, the state government had assigned the postal department, instead of the LIC, to implement its flagship programme Bhagyalaks...
- Aramco-Like mammoth IPO proposed for India’s biggest insurerThe government will have to amend the law, a process that may delay the sale beyond March 2021 and keep it from meeting its record divestme...
- IFIN ex-CEO Bawa says LIC didn’t back Piramal’s IL&FS bidThe Piramal Group was close to take charge of the IL&FS Group in 2015 but the deal failed to take off.
- Centre pressuring LIC, SBI to bail out IL&FS: Sanjay NirupamLIC is the single largest owner in IL&FS with 25.34 per cent stake, while SBI holds 6.42 per cent in the infra major backed by the governme...
- Jaitley accused UPA government of sweeping NPAs under the carpetJaitley said bank lending before 2008 was Rs 18 lakh crore and jumped to Rs 55 lakh crore between 2008 and 2014.
- Key decisions taken by union cabinet todayPiyush Goyal, categorically mentioned that most bad loans are due to lending done prior to 2014.
- View: When a regulator turns a Nelson’s eye to riskOne such is the 10% cap on investment by insurers in a company because it is the savings of millions of middle class people. The idea is th...
- LIC’s bid to up stake in IDBI unit blockedIrda rejects insurer’s plan to buy 15% more in IDBI Trustee Services citing concentration of risk in one entity
- Essar offers to prepay LIC to save Rosneft dealEssar has sent a prepayment notice to LIC and is negotiating the prepayment penalty with the institution, a person familiar with the matter...
- Government examining proposal to raise Rs 40,000 crore via bonds from LICPaswan said that his ministry has regularly been pursuing the matter regarding allocation of sufficient funds for food subsidy.
- Prakash Javadekar leads bank employees' delegation to meet Finance Minister Arun JaitleyIn the last round of wage revision settlement signed in 2010 for 2007-12, the management had agreed to 17.5 per cent raise in total salary.
- LIC launches new child plan `Jeevan Ankur' in NagpurLife Insurance Corporation of India (LIC) has launched a new policy especially designed to meet the educational and other needs of children.
- Parliament march by LIC officers to protest FDI hike in insuranceNational Federation of Insurance Field Workers of India (NFIFWI) will be holding a 'Parliament March' on March 5, protesting the proposed m...
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