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Life Insurance Corporation of India pares 2% stake in NMDC

Life Insurance Corporation of India pares 2% stake in NMDC

Fri, Dec 13, 2024

State-owned insurer Life Insurance Corp of India (LIC) has pared its stake in iron-ore producer NMDC Ltd by 2 per cent, according to an exchange filing. After the stake sale, LIC's holding in the state-run iron ore mining company NMDC has dropped to 5.6 per cent from 7.6 per cent earlier.

LIC shares drop nearly 4% after November premium slump

LIC shares drop nearly 4% after November premium slump

Tue, Dec 10, 2024

LIC shares drop nearly 4% as November premiums decline by 27% year-on-year. Investors weigh the insurer’s underperformance against plans to expand into health insurance and support for increased FDI.

PM Narendra Modi to launch LIC Bima Sakhi Yojana

PM Narendra Modi to launch LIC Bima Sakhi Yojana

Sun, Dec 08, 2024

During his upcoming visit to Haryana, the Prime Minister will launch the LIC Bima Sakhi Yojana initiative aimed at empowering women aged 18-70 years under certain conditions. The Bima Sakhi Yojana drive is in tandem with the PM's commitment to women empowerment and financial inclusion.

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Stocks to buy: LIC, SBI Life, HDFC Life among 6 insurance shares for up to 60% return

Stocks to buy: LIC, SBI Life, HDFC Life among 6 insurance shares for up to 60% return

Wed, Mar 08, 2023

Stocks to buy: Brokerage firm-- Kotak Institutional Equities has recommended six insurance shares-- LIC, SBI Life, HDFC Life, Max Financial, PB Fintech and ICICI Prudential Life, having the potential to yield up to 60 per cent.

LIC share price: State-run life insurance stock slumps to record closing low

LIC share price: State-run life insurance stock slumps to record closing low

Mon, Feb 27, 2023

LIC share price BSE, NSE: The stock of Life Insurance Corporation of India (LIC) continued to fall for the seventh back-to-back session in a row on Monday. LIC shares registered their weakest closing level ever, even breaching their Budget day level of Rs 582.5 apiece.

Dhan Varsha Plan: LIC's popular insurance scheme to end on THIS date — Check last date, age limit, scheme details

Dhan Varsha Plan: LIC's popular insurance scheme to end on THIS date — Check last date, age limit, scheme details

Fri, Feb 10, 2023

LIC Dhan Varsha policy: LIC chairman said that the Dhan Varsha scheme will be closed from March 31, 2023.

LIC shares shine in listless market after Q3 results — what should investors do?

LIC shares shine in listless market after Q3 results — what should investors do?

Fri, Feb 10, 2023

Life Insurance Corporation (LIC) shares rose more than four per cent on Friday, a day after the PSU life insurance major reported its financial results for the quarter ended December 2022. LIC reported a net profit of Rs 8,334.2 crore for the three month period, as against a net profit of Rs 234.9 crore for the corresponding period a year ago.

Stock Market HIGHLIGHTS: Sensex ends listless session 124 pts lower, Nifty50 holds 17,850 as market halts two-day winning run

Fri, Feb 10, 2023

Stock Market HIGHLIGHTS: Indian equity benchmarks Sensex and Nifty50 ended a weak session in the red on Friday though recovering more than half of their intraday losses. Globally, equities saw largely negative mooves as a spike in US bond yields overshadowed earnings optimism, and concerns about hawkish major central banks continued to worry investors.

LIC's net income jumps manifold to Rs 8,334.2 crore in December quarter

LIC's net income jumps manifold to Rs 8,334.2 crore in December quarter

Thu, Feb 09, 2023

The Life Insurance Corporation (LIC) earned Rs 1,11,787.6 crore in net premium income during the reporting quarter as against Rs 97,620.34 crore in the year-ago period, it said in a regulatory filing

Stock Market HIGHLIGHTS: Sensex ends 333 pts above day's low, Nifty six pts shy of 17,900; Adani Ent, Ports bleed

Thu, Feb 09, 2023

Stock Market HIGHLIGHTS: Indian equity benchmarks Sensex and Nifty50 managed to end a volatile session in the green on Thursday, led by gains in financial and IT shares though losses in metal stocks limited the upside. Globally, stock markets saw mixed moves as investors assessed earnings optimism against a hawkish tone of the Fed.

LIC WhatsApp Number, Registration: Check policy details, due dates and bonus status on phone

LIC WhatsApp Number, Registration: Check policy details, due dates and bonus status on phone

Wed, Feb 08, 2023

LIC WhatsApp Number, Registration: Customers can register their policy by visiting the LIC's customer portal on https://www.licindia.in./

Govt mulling mandating LIC, pension fund to invest 1% in green energy

Govt mulling mandating LIC, pension fund to invest 1% in green energy

Wed, Feb 08, 2023

The Indian government is considering mandating the Life Insurance Corp of India (LIC) and sovereign pension fund to invest 1% of their assets under management in bonds issued by state-run power lending firms to finance green projects, two sources said.

Corporate Radar: Monitoring The Decline In Adani Group Shares Says Siddharth Mohanty, MD Of LIC

Corporate Radar: Monitoring The Decline In Adani Group Shares Says Siddharth Mohanty, MD Of LIC

Thu, Feb 02, 2023

Siddharth Mohanty, MD of LIC said – Insurance companies will suffer losses due to exemption in the new tax regime.. Monitoring the decline in shares of adani group, investors should not panic. Watch Swati Khandelwal's exclusive conversation with MD Of LIC, Siddharth Mohanty.

Budget 2023: How experts view govt’s decision to remove tax-free status on insurance policies above Rs 5 lk

Budget 2023: How experts view govt’s decision to remove tax-free status on insurance policies above Rs 5 lk

Wed, Feb 01, 2023

An analyst said that India still has quite low insurance penetration and there is a need to provide measures and incentives to boost that in the coming years.

Exclusive - India’s LIC Reviews Adani Response To Short Seller’s Allegation

Exclusive - India’s LIC Reviews Adani Response To Short Seller’s Allegation

Mon, Jan 30, 2023

India’s Life Insurance Corporation (LIC) said on Monday it was reviewing the Adani Group’s response to scathing criticism by a U.S. short-seller and would hold talks with the group’s management within days. “Presently there is a situation that’s emerging and we are not sure what is the factual position… Since we are a large investor we have the right to ask relevant questions and we will definitely engage with them,” LIC Managing Director Raj Kumar told Reuters.

Sharp spike in Akash Bhanshali, LIC-owned stock after robust Q3 results announcement

Sharp spike in Akash Bhanshali, LIC-owned stock after robust Q3 results announcement

Mon, Jan 30, 2023

State-run insurance major Life Insurance Corporation (LIC) held 2.7 per cent in the mid-cap pharma company, according to the data.

LIC policy for women: Aadhaar Shila Plan - Check yojana premium chart, maturity calculator, benefits

LIC policy for women: Aadhaar Shila Plan - Check yojana premium chart, maturity calculator, benefits

Fri, Jan 13, 2023

LIC Aadhaar Shila Plan: On Life Assured surviving the stipulated Date of Maturity provided the policy is in- force, “Sum Assured on Maturity” along with Loyalty Addition, if any, shall be payable.

Budget My Pick: LIC - Sharad Avasthi's Stock Recommendation Before Budget 2023

Budget My Pick: LIC - Sharad Avasthi's Stock Recommendation Before Budget 2023

Wed, Jan 11, 2023

Know why Sharad Avasthi of SMIFS recommended to invest in LIC before Budget 2023?

LIC offering multiple benefits on premium payment with co-branded credit cards with Axis Bank: Check features, offer

LIC offering multiple benefits on premium payment with co-branded credit cards with Axis Bank: Check features, offer

Thu, Jan 05, 2023

LIC Credit Card: LIC, in collaboration with Axis Bank, has issued three types of credit cards — LIC Signature Credit Card, LIC Platinum Credit Card, and LIC Titanium Credit Card.

Traders Diary on 20 stocks: Buy, Sell or Hold strategy on TCS, Maruti Suzuki, LIC, Marico, others

Traders Diary on 20 stocks: Buy, Sell or Hold strategy on TCS, Maruti Suzuki, LIC, Marico, others

Thu, Jan 05, 2023

In today's edition of Traders Diary, Zee Business research team brings its exclusive research on 20 stocks that investors and traders can refer to while making their strategies in them

Will LIC stock hit Rs 1,000? check what Kotak Institutional Equities estimates

Will LIC stock hit Rs 1,000? check what Kotak Institutional Equities estimates

Tue, Jan 03, 2023

Domestic brokerage firm Kotak Institutional Equities has initiated a Buy rating on LIC with a target price of Rs 1,000, implying 40% upside from current level.

Why Kotak Likes LIC? What Is Kotak's Target For LIC?

Why Kotak Likes LIC? What Is Kotak's Target For LIC?

Tue, Jan 03, 2023

Why Kotak likes LIC? What is Kotak's target for LIC? Know full details from Nupur.

What Can Be The Big Announcement For LIC In Budget 2023?

What Can Be The Big Announcement For LIC In Budget 2023?

Mon, Jan 02, 2023

The government is planning to bring Insurance Amendment Bill in the budget. Major changes are possible in the insurance sector. Changes in the rules for starting a new insurance company are possible. What can be the big announcement for LIC in Budget 2023? Know full news from Tarun Sharma.

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