Articles about LIC

LIC IPO debuts on Dalal Street at discounted price

17 May 2022

Business
LIC IPO debuts on Dalal Street at discounted price

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

Subscriptions for LIC IPO open: Everything you need to know

04 May 2022

Business
Subscriptions for LIC IPO open: Everything you need to know

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.

LIC IPO: Bid dates, prices, and other important details revealed

27 Apr 2022

Business
LIC IPO: Bid dates, prices, and other important details revealed

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.

Ahead of IPO, anchor investors show massive interest in LIC

26 Apr 2022

Business
Ahead of IPO, anchor investors show massive interest in LIC

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.

Explained: The rise and fall of Yes Bank

06 Mar 2020

Business
Explained: The rise and fall of Yes Bank

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

Delhi riots: 122 homes, 301 vehicles damaged, says interim report

03 Mar 2020

India
Delhi riots: 122 homes, 301 vehicles damaged, says interim report

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

5 big takeaways of Nirmala Sitharaman's budget you should know

01 Feb 2020

India
5 big takeaways of Nirmala Sitharaman's budget you should know

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).

Budget 2020: Government to sell LIC holdings through IPO

01 Feb 2020

Business
Budget 2020: Government to sell LIC holdings through IPO

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.

SRK and Abhishek Bachchan unite for 'Bob Biswas' origin story

25 Nov 2019

Entertainment
SRK and Abhishek Bachchan unite for 'Bob Biswas' origin story

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.

#PolicyExplainer: Get Rs. 2,00,000 life-insurance at Rs. 330/year with PMJJBY

29 Dec 2018

Business
#PolicyExplainer: Get Rs. 2,00,000 life-insurance at Rs. 330/year with PMJJBY

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.

#AssamNRC: SC extends deadline for claims, objections to December 31

12 Dec 2018

India
#AssamNRC: SC extends deadline for claims, objections to December 31

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.

SBI bags the title of 'India's most patriotic brand': Survey

13 Aug 2018

India
SBI bags the title of 'India's most patriotic brand': Survey

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

Insurance money worth Rs. 15,167cr lying unclaimed with firms

29 Jul 2018

India
Insurance money worth Rs. 15,167cr lying unclaimed with firms

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.

ED files charge sheet against ex-HP CM Virbhadra's son

21 Jul 2018

India
ED files charge sheet against ex-HP CM Virbhadra's son

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.

#FinancialBytes: Situations in which you can withdraw PF before retirement

17 Jul 2018

Business
#FinancialBytes: Situations in which you can withdraw PF before retirement

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.

LIC board approves acquisition of 51% stake in IDBI Bank

16 Jul 2018

Business
LIC board approves acquisition of 51% stake in IDBI Bank

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.

#PolicyExplainer: All about Pradhan Mantri Jeevan Jyoti Bima Yojana

26 Jun 2018

Business
#PolicyExplainer: All about Pradhan Mantri Jeevan Jyoti Bima Yojana

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

#FIITJEEMetroStationRow: HRD-Ministry writes to MoHUA over metro-station's name outside IIT-Delhi

12 Jun 2018

India
#FIITJEEMetroStationRow: HRD-Ministry writes to MoHUA over metro-station's name outside IIT-Delhi

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.

Telangana: Farmers to get free Rs. 5 lakh life insurance

02 Jun 2018

India
Telangana: Farmers to get free Rs. 5 lakh life insurance

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

Investment-options for elderly: PMVVY limit doubled to Rs. 15L

03 May 2018

India
Investment-options for elderly: PMVVY limit doubled to Rs. 15L

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.

#FinancialBytes: Planning to buy house? Here are 6 home-loan options

17 Apr 2018

Business
#FinancialBytes: Planning to buy house? Here are 6 home-loan options

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

Mumbai to host cricket tournament for the physically challenged

23 Mar 2018

India
Mumbai to host cricket tournament for the physically challenged

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.

Nirav Modi case: CBI arrests PNB's ex-Deputy Manager, two others

17 Feb 2018

India
Nirav Modi case: CBI arrests PNB's ex-Deputy Manager, two others

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.

Delhi govt organizes two-day job fair to fill 15,000 vacancies

15 Feb 2018

India
Delhi govt organizes two-day job fair to fill 15,000 vacancies

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

Govt mulls higher tax deduction limits, but with conditions

25 Jan 2018

India
Govt mulls higher tax deduction limits, but with conditions

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.

The 'apolitical' family of PM Modi: Here's all about them

30 Nov 2017

Politics
The 'apolitical' family of PM Modi: Here's all about them

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

Jawaharlal Nehru: Visionary, charismatic statesman with his own quirks

14 Nov 2017

Politics
Jawaharlal Nehru: Visionary, charismatic statesman with his own quirks

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

Massive fire in Kolkata's Jeevan Sudha building

19 Oct 2017

India
Massive fire in Kolkata's Jeevan Sudha building

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

Prachi Sukhwani, with 80% vision loss, makes it to IIM-A!

11 Apr 2017

India
Prachi Sukhwani, with 80% vision loss, makes it to IIM-A!

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!

Three railway PSUs listed for divestment

21 Feb 2017

Business
Three railway PSUs listed for divestment

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.

Govt reduces stakes in ITC by 2%

07 Feb 2017

Business
Govt reduces stakes in ITC by 2%

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

Ambitious divestment target in the budget

06 Feb 2017

Business
Ambitious divestment target in the budget

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).

BSE makes debut listing on NSE

03 Feb 2017

Business
BSE makes debut listing on NSE

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 subscribed 51 times on IPO last day

26 Jan 2017

Business
BSE subscribed 51 times on IPO last day

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

BSE IPO launch today

23 Jan 2017

Business
BSE IPO launch today

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.

Gen. Insurance companies to be listed on stock market

18 Jan 2017

Business
Gen. Insurance companies to be listed on stock market

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 IPO at Rs.805-806

17 Jan 2017

Business
BSE IPO at Rs.805-806

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.

BSE IPO to be priced at Rs.800-850 per share

10 Jan 2017

Business
BSE IPO to be priced at Rs.800-850 per share

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.

NSE share sale to happen in April-June quarter

16 Dec 2016

Business
NSE share sale to happen in April-June quarter

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.

Mumbai: City where the money keeps pouring in

03 Dec 2016

Mumbai
Mumbai: City where the money keeps pouring in

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