LIC: News
07 Apr 2024
HDFC BankHDFC Bank and LIC led market cap boost last week
Last week, four of India's most valued companies, including HDFC Bank and Life Insurance Corporation of India (LIC), experienced a significant increase in their market valuation.
27 Aug 2023
State Bank of India (SBI)Retirement age extension for LIC, PSB executives proposed
The Centre is currently discussing a proposal to extend the retirement age of top executives at the Life Insurance Corporation (LIC), State Bank of India (SBI), and other public sector banks (PSBs).
06 Feb 2023
Congress PartyAdani-Hindenburg row: Congress launches nationwide protest, calls for probe
The Congress on Monday took to the streets nationwide, calling for an impartial investigation into the fraud allegations against Adani Group, which it claimed endangers public savings.
30 Jan 2023
Life Insurance Corporation of IndiaHindenburg report under evaluation, Adani Group would be questioned: LIC
Life Insurance Corporation (LIC) on Monday said that the Adani Group's response to the US-based short-seller Hindenburg Research's criticism was under evaluation and the group's management would be questioned soon, Reuters reported.
09 Sep 2022
India#NewsBytesExplainer: What is LIC's new pension scheme for senior citizens
The registration for Pradhan Mantri Vaya Vandana Yojana (PMVVY) the prestigious pension scheme by Life Insurance Corporation (LIC) is still on for a few months.
31 May 2022
Initial Public Offering (IPO)LIC records 18% fall in standalone net profit; announces dividend
State-run insurance giant Life Insurance Corporation of India (LIC) has announced its first quarterly results as a publicly traded company.
17 May 2022
Bombay Stock Exchange (BSE)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.
04 May 2022
Initial Public Offering (IPO)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.
27 Apr 2022
PaytmLIC 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.
26 Apr 2022
Initial Public Offering (IPO)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.
01 Feb 2020
Initial Public Offering (IPO)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.
12 Dec 2018
West Bengal#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.
13 Aug 2018
IndiaSBI 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.
29 Jul 2018
IndiaInsurance 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.
21 Jul 2018
Supreme Court Of IndiaED 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.
16 Jul 2018
IndiaLIC 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.
12 Jun 2018
Delhi High Court#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.
03 May 2018
State Bank of India (SBI)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.
23 Mar 2018
IndiaMumbai 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.
07 Feb 2017
IndiaGovt 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).
03 Dec 2016
MumbaiMumbai: 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.