Top 10 Life insurance companies with highest complaints in 2026, as per Insurance Ombudsman Report 2024-25Policyholders are voicing dissatisfaction with life insurers, with thousands lodging complaints annually. Bharti AXA Life Insurance leads t...
Mahesh Patil resigns as CIO of Aditya Birla Sun Life AMC after two decadesMahesh Patil has resigned as CIO of Aditya Birla Sun Life AMC after 21 years, marking the end of a pivotal tenure during which he oversaw R...
LIC Mutual Fund appoints Nikhil Rungta as Co-Chief Investment Officer–EquityLIC Mutual Fund named Nikhil Rungta as co-chief investment officer – equity (Co-CIO) from June 19, 2024, and notified unitholders via a not...
LIC cuts stake in 16 PSU stocks as portfolio soars to Rs 14 lakh croreLIC cuts stakes in 16 PSUs, profit booking seen. Portfolio value surges to Rs 14 lakh crore in 2024, up by Rs 1.6 lakh crore. Market cap of...
LIC appoints Ratnakar Patnaik as Chief Investment Officer, PC Paikray as Chief Risk OfficerPatnaik had joined LIC as a Direct Recruit Officer in September 1990. During the last thirty two years, he has worked across four Zones, mo...
Don't expect any short-term bounce in LIC stock: Aditya Shah"Financialisation of savings is a big theme to play. LIC, on its part, is a behemoth."
LIC IPO a compulsory subscription for all retail investors: Aditya Shah“I feel that the IPO will get a good subscription. Given the Rs 40 lakh crore AUM that LIC manages and the scale of the company, the war is...
B C Patnaik takes charge as MD of LICPrior to taking charge as MD of LIC, Patnaik was the Secretary General, Council for Insurance Ombudsman, (CIO) Mumbai, the insurance behemo...
Short term rates dip in July, benefitting companiesBetween July and September, New Delhi sought to borrow Rs 2.21 lakh crore through Treasury Bills - about Rs 20,000-30,000 crore less than t...
Contrarian LIC tweaked market strategy in Q2: Check out its latest buysData showed LIC increased stakes in Lupin, Alkem Laboratories and Pfizer in Q2. These stocks advanced up to 24 per cent during the quarter.
Auto, private banks and NBFCs look attractive in medium term: Saravana KumarWe are selectively putting money and ideally it is time to put money to work for a medium-to-long-term point of view.
Prefer HFCs with high retail base; positive on Can Fin Homes, LIC Housing: GorakssakarThe housing market would possibly benefit those companies which have a large retail base and a less real estate portfolio, says Gorakssakar.
LIC Nomura Mutual Fund makes two key appointmentsLIC Nomura Mutual Fund AMC today said it has appointed Saravana Kumar the Chief Investment Officer, Equity and Debt, and Nityanand Prabhu t...
LIC Nomura MF appoints CIO and COO via new processThe fund has now appointed Saravana Kumar as the chief investment officer-equity & debt. Nityanand Prabhu was appointed as chief operating ...
Maruti's Gujarat plant: LIC, MFs say awaiting shareholders meetWhile LIC is single largest minority investor in the country's largest car maker with 6.8 per cent holding, mutual funds hold around 6.53 p...
- Irda to ease single company exposure norm
The rules now restrict investment in both equity and debt in a company to 10% other than infrastructure.
- Uptick in investments likely after 5 or 6 quarters: Sukumar Rajah, Franklin Templeton Investments
The peak of inflation is probably two quarters away because manufacturing inflation has picked up, says Sukumar Rajah, Franklin Templeton.