Competition Commission clears LIC Mutual Fund-IDBI Mutual Fund dealDeals beyond a certain value require approval from the regulator, as it keeps a tab on unfair business practices in the market place.
23 Mar, 2023, 08.27 AM IST
Income from property rented out: GST AAR makes an important rulingIn its ruling, the AAR held that GST exemption is provided by the nature of the property and its usage and not by the status of the recipie...
08 Jun, 2022, 10.31 AM IST
How policyholders can login to LIC online portal?In addition to policies of your own, you can register policies for your minor children. As soon as the children become majors, a new user I...
15 Dec, 2021, 01.41 PM IST
How to use EPF money to pay LIC insurance premiumForm 14 is an application for financing a life insurance policy with LIC using your contribution to EPF account, which you can get from the...
11 Dec, 2021, 11.05 AM IST
Govt invites bankers’ bids for LIC IPOThe Cabinet last week approved LIC’s IPO, which is set to be the biggest and several estimates show that it could raise up to Rs 90,000 cro...
16 Jul, 2021, 06.59 AM IST
- LIC kicks off PR exercise for IPO amid reports of staff dissention
The press conference was seen as a bid to assure its employees amid reports of dissention.
07 Feb, 2020, 07.31 PM IST
Insurance claim cannot be denied on the ground of common lifestyle diseases: NCDRC to LICLIC has been told to pay the sum to the policy buyer who hadn't mentioned his diabetes case while buying it.
12 Oct, 2018, 03.08 PM IST
LIC introduces third gender option in its proposal form; move cleared by IRDATill now, policy buyers could choose between ‘male’ and ‘female’ as gender options. Now transgender applicants can opt for the ‘third gende...
25 Feb, 2016, 05.13 PM IST
LIC to infuse Rs 143 crore in Corporation BankAmong others 12 other public sector banks including SBI, PNB, Bank of Baroda, Canara Bank will also get the capital infusion from governmen...
14 Sep, 2015, 05.25 PM IST
Insurance regulator IRDA hikes equity exposure limit of insurers to 15%Insurance cos can now hold up to 15% stake in any company, up from 10% at present, as the regulator IRDA today permitted raising of the inv...
08 Feb, 2013, 09.47 PM IST
- Insurance co can reject claim for understating age
An insurance company can reject a claim if the policy holder had understated his age at the time of joining the scheme.
11 Apr, 2010, 10.36 AM IST
- FIs to meet next week on Grasim cement plan
The Aditya Birla Group will examine two options of demerging its cement business from Grasim and transferring it to group company UltraTech...
03 Oct, 2009, 01.23 AM IST
- LIC waiting for IRDA nod for health insurance foray
LIC is set enter the health insurance space in about two months as it is awaiting a nod from the IRDA.
05 Jun, 2007, 03.40 PM IST
- LIC shortlists partners for credit card venture
Life Insurance Corporation (LIC) of India has shortlisted ICICI Bank, HDFC Bank, UTI Bank, Standard Chartered Bank and Visa as partners for...
18 May, 2007, 03.17 AM IST
- LIC shortlists partners for credit card venture
Life Insurance Corporation (LIC) of India has shortlisted ICICI Bank, HDFC Bank, UTI Bank, Standard Chartered Bank and Visa as partners for...
18 May, 2007, 02.28 AM IST
- Left throws insurance reforms off track
Insurance reforms have hit a roadblock with the Left parties digging in their heels on all insurance proposals and not just on the issue of...
20 Apr, 2007, 12.10 AM IST
- Too old to rock: People over 75 may miss social pension
It's another point whether he will ever need it. But the truth is that even if he chooses to, 78-year-old AB Vajpayee will not be eligible ...
14 Mar, 2003, 12.43 AM IST