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The Latest Breaking News from LIC

Two bankers, seven others get jail for fraud

HYDERABAD

The Hindu

LIC intends to raise market share in non-participating business, diversify channel mix: Chairman

NEW DELHI: Country's largest insurer LIC intends to raise its market share in non-participating insurance products as well as diversify the channel mix, a top company official said.

The Times of India

Adani Transmission is 9th most valued firm by mcap; LIC out of top 10 club

NEW DELHI: Adani Transmission has entered the coveted list of top 10 most valued companies, with a market capitalisation (mcap) of Rs 4.43 lakh crore, and holds the ninth place in the overall ranking.

The Times of India

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Govt mulls selling at least 51% stake in IDBI Bank

NEW DELHI: The government is considering selling at least 51% of state-backed IDBI Bank Ltd, according to people with knowledge of the matter.

The Times of India

Tricolour in hand, patriotism in heart

Flag-hoisting, parades and colourful cultural events mark Independence Day celebrations in Telangana

The Hindu

LIC keen to re-enter mediclaim segment, awaiting regulatory clarity: Chairman

Recently, the new IRDAI Chairman Debasish Panda had said it was time life insurers re-entered the health vertical

The Hindu

LIC pensioners, employees seek increase in family pension

They allege Centre is delaying in according permission to the proposal

The Hindu

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Top news developments in Karnataka on August 4, 2022

Here are the key news developments to watch out for from Karnataka today

The Hindu

LIC breaks into Fortune 500 list, Reliance jumps 51 places

NEW DELHI: Recently-listed Life Insurance Corporation (LIC) has broken into the latest Fortune Global 500 list, while Reliance Industries has jumped 51 places.

The Times of India

Partha Chatterjee, aide in ED custody till August 5

LIC policies, partnerships uncovered’

The Hindu

LIC staff plant saplings across Kadapa division

KADAPA

The Hindu

Kallakurichi violence a failure of the State police, charges Alagiri

He defends DMK on EB tariff hike, blames Centre’s UDAY for the hike

The Hindu

Fellow activists pay last respects to G. Rajashekara

They hail his lifelong association with progressive politics

The Hindu

LIC's embedded value stood at Rs 5.41 lakh crore at end of March

MUMBAI: Life Insurance Corporation of India (LIC) on Thursday said its embedded value stood at Rs 5,41,492 crore at the end of March this year compared to Rs 95,605 crore in the year-ago period.

The Times of India

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The Times of India

Determining of embedded value likely to be completed by July 15: LIC

NEW DELHI: Insurance behemoth Life Insurance Corporation on Wednesday said the exercise of determining its embedded value as of March 2022 is on' and is likely to be completed by July 15.

The Times of India

LIC ups stake in Hero MotoCorp, HUL, Capri Global

NEW DELHI: LIC has increased its stake in Hindustan Unilever Ltd, Hero MotoCorp and non-banking finance company Capri Global Capital through open market purchases over the last few months, the life insurer said on Tuesday.

The Hindu

Assam govt. cracks down on insurance agents among school teachers

Chief Minister Himanta Biswa Sarma had attributed the poor Class 10 results of State-run schools partly to such teachers.

The Times of India

Govt concerned about dip in LIC share price; calls it temporary blip

NEW DELHI: The government on Friday said it is "concerned" about the temporary blip in LIC scrip and the insurer's management will look into these aspects and raise shareholders' value.

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The Times of India

Don't worry, I'm there: MP CM Shivraj Singh Chouhan to Covid orphan battling loan notices

BHOPAL: Madhya Pradesh chief minister Shivraj Singh Chouhan met the Covid orphan battling loan recovery notices from LIC Housing Finance Ltd at his residence on Thursday and assured her that he will approach Union finance minister Nirmala Sitharaman to get her father's loan waived.

The Hindu

LIC customers and nation are losing out, says Isaac

‘It used to give 95% of surplus generated to policyholders’

The Times of India

LIC shares hit new record low of Rs 723.70; one-fourth of market-cap wiped out

MUMBAI: Share price of Life Insurance Corporation of India (LIC) slumped to a new record low of Rs 723.70 on Thursday, which is nearly 25 per cent down from its IPO issue price of Rs 949.

The Hindu

BHEl, LIC played key role in country’s development: Amit Shah

It was due to the farsightedness of the Planning Commission, he says

The Times of India

Lease income from ‘residential’ property is exempt from GST

MUMBAI: Rent or leave and license fees received by an owner of a residential flat, even if such flat has been let out to corporate entities for use by the latter’s employees, will not be subject to goods and services tax (GST). This was recently held by the Authority for…

The Times of India

LIC shares decline for 5th day; m-cap falls below Rs 5 lakh crore-mark

NEW DELHI: Shares of Life Insurance Corporation of India (LIC) continued to fall for the fifth day running on Monday and further declined by nearly 3 per cent, dragging its market valuation below the Rs 5 lakh crore-mark.

The Times of India

LIC shares slump to record low of Rs 782.45; market cap slips below Rs 5 lakh crore

MUMBAI: Share price of Life Insurance Corporation of India (LIC) slumped to a record low of Rs 782.45 on Monday, which is 17.55 per cent down from its IPO issue price of Rs 949.

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Shivraj Singh Chouhan

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