Articles about LIC

Following a much-awaited Initial Public Offering (IPO), LIC has made its debut on Dalal Street.

Subscription for the Initial Public Offering (IPO) of India's insurance behemoth Life Insurance Corporation (LIC) has opened today. The bidding will remain open for the general public till May 9.

Life Insurance Corporation of India's (LIC) initial public offering (IPO) subscription will open for bidders on May 4 and shall close on May 9.

The Life Insurance Corporation of India's (LIC) initial public offering (IPO) is set to be launched on May 4 and will remain for subscriptions until May 9, PTI reported.

Yes Bank depositors panicked when on Thursday, the Reserve Bank of India (RBI) capped cash withdrawals at Rs. 50,000.

With the dust on one of the worst communal clashes to hit Delhi settling, officials are assessing the damage and the details are staggering.

Finance Minister Nirmala Sitharaman presented her second Union Budget at a time when the Indian economy is struggling, raising concerns among world bodies like the International Monetary Fund (IMF).

Announcing the Union Budget 2020-21 on Saturday, Finance Minister Nirmala Sitharaman said that Life Insurance Corporation of India will now be listed on stock exchanges.

There are many reasons that made the 2012 Sujoy Ghosh thriller Kahaani the phenomenon that it became. One reason was the iconic character of Bob Biswas, a regular-looking LIC agent who moonlighted as a cold-blooded contract killer.

Life insurance is one of the most important financial products to have. It is the best way to protect one's family and their future in case of the policyholder's untimely demise.

On Wednesday, the Supreme Court extended the deadline for filing claims and objections pertaining to the Assam National Register of Citizens (NRC) till December 31.

India's largest lender State Bank of India (SBI) is considered to be the country's most patriotic brand, according to a survey.

Twenty-three life insurers in India are sitting on unclaimed insurance money of as much as Rs. 15,167cr, with Life Insurance Corporation (LIC) accounting for the lion's share.

The Enforcement Directorate (ED) today filed a charge sheet in a Delhi court against former Himachal Pradesh Chief Minister, Virbhadra Singh's son Vikramaditya, in a money laundering case which also involves Virbhadra.

Employees Provident Fund (EPF) is primarily a retirement benefit scheme by the Government of India for all salaried individuals in which employees get their accumulated funds after retirement or job-loss to finance their expenditures.

The LIC board today gave approval to the insurance behemoth for acquiring of up to 51% stake in IDBI Bank, Economic Affairs Secretary SC Garg said today.

The Government of India launched a life insurance scheme called 'Pradhan Mantri Jeevan Jyoti Bima Yojana' (PMJJBY) in 2015, offering coverage for death.

The HRD Ministry has written to the Ministry of Housing and Urban Affairs, seeking its intervention in the ongoing row over the name of a metro station outside the IIT-Delhi's campus.

The Telangana Government has announced it would soon implement a Rs. 5 lakh life insurance scheme for farmers in the state.

In a significant step to provide the elderly a stable income, the government has doubled the investment limit under the Pradhan Mantri Vaya Vandan Yojana (PMVVY) to Rs. 15L from the current Rs. 7.5L.

All major banks and house financing companies offer home loans that provide funding for buying or constructing houses and residential properties.

India's top physically challenged cricketers will be seen in action in the 8th All-India LIC "Divyang" Inter-Zonal Cricket Championship to be held in Mumbai from March 30 to April 1.

The CBI has arrested Punjab National Bank's former Deputy Manager Gokulnath Shetty, Single Window Operator Manoj Kharat, and the authorized signatory of Nirav Modi Group of Firms Hemant Bhat in connection to the alleged Rs. 11,400cr banking fraud by Nirav Modi and Mehul Choksi.

A two-day job fair organized by the Delhi government started today at the Tyagraj Stadium.

According to reports, the finance ministry is considering offering relief to taxpayers; there are discussions to increase the current Rs. 2L deduction limit to Rs. 2.5L.

PM Modi is an outspoken critic of dynastic politics and nepotism; he practices what he preaches.

Jawaharlal Nehru, India's first PM, was a man of contradictions. Though democratic in approach, he had an authoritarian hold over his government.

A massive fire broke out in Kolkata's iconic Jeevan Sudha building. The establishment houses important organizations like the SBI, LIC and more.

21-year-old Prachi Sukhwani of Vadodara, who suffers 80% vision loss, is making headlines for her inspiring achievement: she has cracked the Common Admission Test for 2016 and made it to the premier Indian Institute of Management-Ahmedabad!

The government today started listing three of its fully-owned railway PSUs, namely Indian Railway Catering and Tourism Corporation (IRCTC), Indian Railway Finance Corporation and engineering-construction company IRCON limited for divestment.

The government divested 2 percent of its stake held in FMCG giant ITC through the Specified Undertaking of the Unit Trust of India (SUUTI).

In the period of 12 months starting April 17, the government hopes to raise Rs 72,500 crore from a three-fold divestment plan for Public Sector Undertakings (PSU).

The Bombay Stock Exchange (BSE) was listed on its rival National Stock Exchange (NSE) today; BSE recently concluded its Rs. 1,234 crore initial public offering.

BSE's IPO received 51 times more bids than the number of shares on offer on the last day of its IPO.

The Bombay Stock Exchange is set for its IPO today, seeking to raise Rs.1,243.4 crore. Analysts say BSE's valuation is reasonable. It seeks to sell stocks at Rs.805-806 per share in the three-day IPO.

At a Cabinet meeting that took place on Wednesday, Finance Minister Arun Jaitley said that 5 general insurance companies were given the go-ahead to be listed on the stock market.

BSE has fixed the price range of its IPO at Rs.805-806. It plans to raise at least Rs.1243 crore through the IPO, which will be open from Jan 23-25.

Sources stated that BSE is likely to sell its shares at Rs.800-850 per share once its IPO hits the markets in one to two months.

After facing several issues this year, the initial share sale of the National Stock Exchange will take place in the April-June quarter, said chairman Ashok Chawla.

Demonetization has resulted in massive gains for LIC; it sold its most expensive policy of Rs.50 crore for the first time.