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LIC FIRE
New twist emerges in LIC office fire case; police say injured officer killed managerA senior manager at an LIC office in Madurai died in what was initially thought to be an accidental fire. Police now say an assistant offic...- LIC set to buy 40-49% stake in ManipalCigna; primary and secondary deal values company at Rs 3,500 croreLife Insurance Corp of India (LIC) is preparing to acquire a 40-49% stake in ManipalCigna Health Insurance, entering the standalone health ...
- 17% wage hike bump unlikely to deter LIC stock, analysts see room for returnsLIC shares have risen 6% to Rs 972, surpassing IPO price. The 17% wage hike may cost shareholders Rs 4,000 crore yearly. Long-term prospect...
- LIC fires employee who traded in dead father's demat account in front running caseLIC terminated Yogesh Garg due to Sebi front-running ban. Garg used family demat accounts for intraday trades, profiting ₹2.44 crore. Sebi ...
- How to apply for duplicate LIC policy bondIf a policy bond is partially destroyed due to natural disasters such as fire or flood, the remaining portion can be returned to LIC as pro...
- Adani Stock Rout: LIC staring at loss in Rs 30,000-crore betMarket data shows that the value of LIC's investment in Adani stocks has come down to Rs 33,149 crore from Rs 81,268 crore on January 24 — ...
- LIC shares may list at a discount, indicates grey marketLIC's premium in the grey market dropped from Rs 100 to Rs 10 on Tuesday and then turned negative on Wednesday, just a day before allotment.
- LIC IPO: Grey market premium tumbles 90% in just one weekLIC IPO was overall subscribed 2.95 times. The portion for policyholders was subscribed 6.12 times, followed by 4.4 times bidding for emplo...
- Fire breaks out at LIC office in Mumbai's Vile Parle; no casualty reportedThe blaze erupted at 7 am on the ground plus two-storey structure located on S V Road in Vile Parle west, and no casualty has been reported...
- No open offer proposal from LIC for IDBI Bank deal: Sebi chiefHe said Sebi will consider LIC's proposal as and when it comes.
- Massive fire breaks out in Jiban Sudha building in KolkataThe chief general manager (Kolkata circle) of SBI, P P Sengupta, said there was no news of anyone getting stuck on the floor. The building ...
- LIC may get to keep company stakes above 15%Irda is likely to say that stateowned LIC can maintain its stakes in about 40 entities.
- LIC to make a Ulip comeback amid surge in equities, stock-buying could top Rs 55,000 cr this fiscalThe re-launch of Ulips by LIC comes a few years after investors shunned this product in the wake of huge losses reported by many insurers.
- IRDA raises concerns over corporate governance in LICIrda's main concern relates to the composition of LIC's govt-appointed board which includes the chiefs of some state-owned financial instit...
- Query corner: InsuranceOur expert guides you in matters relating to insurance.
- LIC set to restructure top management after IRDA prodIRDA has said in keeping with the corporate governance practice prescribed for all insurance companies, the largest insurer too should have...
- Finally, Srei-led consortium gets DPSCLIC and United India Insurance hold 30.61% and 11.36% in DPSC, respectively , while Andrew Yule hold 15.2%. The announcement came late on T...
- Srei-led consortium buys 57% in DPSC for Rs 172 crThe disinvestment of DPSC was finalised on Thursday.
- LIC, United India agree to sell DPSC stakes to Srei-led groupLife Insurance Corporation of India (LIC) and United India Insurance Company have given the green signal to the consortium led by Srei Infr...
- PSU bank employees to strike work on ThursdayEmployees of public sector banks and insurance companies will strike work on December 14 to oppose outsourcing of banking operations, propo...
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