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INSURANCE GIANT LIC
An Indian gold firm allegedly inflated revenue by $159 billion using its Swiss unitIndian investigators allege Rajesh Exports overstated its Swiss unit Valcambi's revenue by a staggering $159 billion. SEBI's preliminary fi...- LIC plans foray in fintech space, strategic investment also on table: CEO DoraiswamyInsurance giant LIC is exploring a fintech arm to boost digital capabilities. The company is also prepared for potential further stake dilu...
- Dividends, bonus issues: TCS, LIC, Bajaj Auto among 30 stocks turning ex-date this week. Check detailsInvestors must hold shares of these companies in their demat accounts on the record date to be eligible for the respective corporate action...
- LIC to announce Q4 results today: Here's what to expect from the insurance behemothLife Insurance Corp (LIC) is poised to reveal its March quarter earnings today. Investors are keenly awaiting insights into new business gr...
- LIC announces 1:1 bonus issue, first since listing. Check detailsState-owned insurer LIC's board has approved a 1:1 bonus share issue, granting one additional share for every share held on the record date...
- Sat Pal Bhanoo gets additional charge as LIC MD & CEOSat Pal Bhanoo has been entrusted with the additional charge of MD and CEO of LIC, effective from June 8, 2025, until September 7, 2025, or...
- 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,...
- Kerala Assembly passes unanimous resolution against LIC IPO"The union government is trying to justify its act by propagating that only 5 per cent stakes will be sold through an Initial Public Offeri...
- Vodafone Idea: Reports of stake sale to LIC baselessIn the June quarter, Vodafone Idea saw its net losses widening to Rs 25,460 crore after it made additional provisioning to pay AGR-related ...
- IDBI Bank decides to continue with existing MD, DMDsInsurance giant LIC has completed acquisition of 51 per cent controlling in the bank, IDBI Bank said in a regulatory filing on Monday.
- LIC buys shares worth Rs 10,400 crore in 18 Sensex companies in Q3Besides, LIC holds 16.08 per cent in Larsen & Toubro (L&T), the highest it has among the Sensex firms.
- LIC sells Rs 7,700 crore shares in 14 Sensex companies, ups stake in 10In five companies - Wipro, GAIL, BHEL, HeroMoto Corp and Dr Reddy's Labs - LIC's stake remained unchanged during the quarter.
- LIC sells shares worth Rs 8,800 crore in 17 Sensex companiesLIC has lowered its exposure in 17 blue-chip firms, with sale of shares worth an estimated amount of over Rs 8,800 crore.
- Morgan Stanley, HSBC Global buy LIC Housing scrips for Rs 382 croreMorgan Stanley Asia (Singapore) Pte bought a total of 94.58 lakh shares of LIC Housing Finance, a subsidiary of life insurance giant LIC.
- LIC buys PSU stocks, sells private sector blue-chips in Q4State-run insurance giant LIC purchased shares worth an estimated Rs 20,000 crore, mostly of public sector companies.
- LIC Housing Finance to float Rs 500 crore VC fund in 2-3 monthsLIC Housing Finance, subsidiary of life insurance giant LIC will float Rs 500 crore real estate venture capital fund within 2-3 months.
- LIC to add 11 lakh more agents by March 2011To compete with LIC, private life insurers are also recruiting agents to expand their businesses and reach, but the numbers are smaller.
- Not thousands, we recruit in lakhs: LIC ChairmanInsurance giant LIC on Monday said it would employ 11 lakh more agents by March 2011 to double its field workforce.
- Insurance giants LIC, ICICI Prudential losing groundWith new kids on the block breathing down their neck, insurance giants are increasingly finding it tough. A look at the market share shows ...
- LIC may launch credit card next monthLife Insurance Corp (LIC) may launch its credit card in October, according to its Senior Divisional Manager Bhausaheb Gujar.
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