We don't even know where LIC's office is: Rajesh Exports chief amid regulatory heatRajesh Exports Chairman Rajesh Mehta clarified LIC's investment in his company, stating the insurer bought shares over two decades from the...
LIC looks to improve return from real estates, to explore option of separate subsidiaryIn the recent past, he said LIC has initiated a comprehensive review of its real estate portfolio to assess the returns and yields it gener...
Central Bank of India well-positioned to surpass Rs 5,000 cr profit in FY27: MD Kalyan KumarCentral Bank of India targets Rs 5,000 crore annual profit during this fiscal year. A new tax regime offers a significant boost. The bank p...
Priority sector lending boosts inclusion, not always guarantee growth: EAC-PMIndia's priority sector lending has aided financial inclusion for decades. However, a recent report suggests that simply increasing directe...
PMJJBY disbursed Rs 17,600 crore to families since launch in 2015: LICThe Pradhan Mantri Jeevan Jyoti Bima Yojana is vital for the government's 'Insurance for All by 2047' goal. Launched in 2015, it offers lif...
Groww's strong Q4; Iran conflict hits India's GCCsFintech major Groww more than doubled its net profit in the fourth quarter of FY26. This and more in today's ETtech Top 5.
LIC denies receiving or issuing documents cited in Washington Post report alleging external influence on investment decisionsLife Insurance Corporation of India has denied allegations from The Washington Post. The insurer states it neither issued nor received docu...
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 dismisses USTR's report of insurer enjoying unfair competitive advantageLIC has countered the US Trade Representative's claims of receiving special treatment in the Indian market, emphasizing its operation in a ...
FSIB selects Pant, Patnaik as MDs of LICThe two MD roles would have fallen vacant in June this year. After interviewing eight candidates, the bureau selected Pant and Patnaik base...
LIC to play key role in achieving 'Insurance For All by 2047: ChairmanLIC is planning to launch a product specifically designed for rural areas to achieve 'Insurance For All by 2047'. The product will consist ...
Review of LIC role in pension schemes on cardsThe Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) scheme and the National Pension Scheme (NPS) for Traders and Self-Employed, both launched ...
Why biggest equity investor LIC is wary of stocksWe are subdued in equity investments because the market has gone up very high. In any case, LIC has always been contrarian, said LIC chairm...
LIC to buy Rs 40,000 crore worth shares in current fiscalThe insurer has already invested Rs 14,000 crore in stocks in the first quarter of 2013-14, nearly half the Rs 30,000 crore it invested las...
- IRDA's Sudhin Roy Chowdhury: A world of experience to bat on a new pitch
Had Roy Chowdhury not been selected for the post of member-life at IRDA, he would have asked govt to put him on a project to take LIC to th...
- Government plans big role for LIC in infrastructure financing
The government plans to draw in LIC into infrastructure project financing to boost funding for roads, ports and highways.
- LIC remains wary of realty and telecom stocks: S Bandhopadhyay, equity investment chief
LIC is bullish on oil and cement sector stocks which, it says, have the potential to outperform the benchmark indices.