“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...

IRDAI 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...

The finance ministry is working to obtain ESG (environment, social and governance) score for Life Insurance Corporation of India (LIC) befo...

According 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...

Two months ago, the state government had assigned the postal department, instead of the LIC, to implement its flagship programme Bhagyalaks...

The 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...

The Piramal Group was close to take charge of the IL&FS Group in 2015 but the deal failed to take off.

LIC 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 said bank lending before 2008 was Rs 18 lakh crore and jumped to Rs 55 lakh crore between 2008 and 2014.

Piyush Goyal, categorically mentioned that most bad loans are due to lending done prior to 2014.

One 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...

Irda rejects insurer’s plan to buy 15% more in IDBI Trustee Services citing concentration of risk in one entity

Essar has sent a prepayment notice to LIC and is negotiating the prepayment penalty with the institution, a person familiar with the matter...

Paswan said that his ministry has regularly been pursuing the matter regarding allocation of sufficient funds for food subsidy.

In 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.

Life Insurance Corporation of India (LIC) has launched a new policy especially designed to meet the educational and other needs of children.

National Federation of Insurance Field Workers of India (NFIFWI) will be holding a 'Parliament March' on March 5, protesting the proposed m...