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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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IPO fundraising in India drops by 32 per cent

IPO fundraising in India drops by 32 per cent

Thu, Sep 29, 2022

Overall public equity fundraising also dropped by 55 per cent to Rs 41,919 crore from Rs 92,191 crore in the corresponding period of the previous year.

LIC buys over 2% stake in state-owned BPCL for nearly Rs 1,598 crore

LIC buys over 2% stake in state-owned BPCL for nearly Rs 1,598 crore

Wed, Sep 28, 2022

LIC has acquired over a 2% stake in state-owned refiner Bharat Petroleum Corporation Ltd for nearly Rs 1,598 crore since December last year

LIC share price at all-time low since listing; down 32% from issue price - brokerages bullish, check price target

LIC share price at all-time low since listing; down 32% from issue price - brokerages bullish, check price target

Thu, Sep 22, 2022

The state-owned company’s share price has slumped around 32 per cent from its issue price of Rs 949 per share and has been trading at the lowest level since its market debut on May 17, 2022.

Mutlibagger Stock: This LIC-backed pipe manufacturer hits 12-year high on Monday – what lead the surge?

Mutlibagger Stock: This LIC-backed pipe manufacturer hits 12-year high on Monday – what lead the surge?

Mon, Sep 19, 2022

Life Insurance Corporation of India (LIC), which is also considered a domestic institutional investor, held 1,53,62,312 equity shares or 5.89 per cent stakes in Welspun Corp, as per the June shareholding pattern.

LIC Recruitment 2022 Notification for Job! Check eligibility, number of vacancies, details at licindia.in

LIC Recruitment 2022 Notification for Job! Check eligibility, number of vacancies, details at licindia.in

Wed, Sep 14, 2022

There are a total of 3 vacancies for the post of LIC CTO, CISO, and CDO.

LIC New Pension Plus plan launched - Guaranteed income after retirement and up to 15% additional benefit - Details

LIC New Pension Plus plan launched - Guaranteed income after retirement and up to 15% additional benefit - Details

Sun, Sep 11, 2022

LIC New Pension Plus Plan 867 Benefits, Details: LIC New Pension Plus plan is suitable for young persons to make provisions for retirement. The plan can be purchased both offline and online from LIC's official website licindia.in.

FY23 IPO Market: 12 public offers launched so far in this fiscal – check top winner and loser

FY23 IPO Market: 12 public offers launched so far in this fiscal – check top winner and loser

Wed, Sep 07, 2022

At present, LIC stock is down over 30 per cent from its issue price and around 25 per cent from its listing price, making it the top laggard so far in the IPOs that were launched in the current fiscal.

JSW Steel share price jumps as LIC raises stake in iron and steel company – Check the target price

JSW Steel share price jumps as LIC raises stake in iron and steel company – Check the target price

Mon, Sep 05, 2022

JSW Steel shares gained around 2.5% in the BSE Intraday trade. The stock which was trading with a gain of over 2.5% to Rs 677.90 per share yielded a flat return in the past year as on September 5, 2022

LIC plans to raise market share in non-participating products: Chairman MR Kumar

LIC plans to raise market share in non-participating products: Chairman MR Kumar

Fri, Sep 02, 2022

More than 95 per cent of LIC's individual business in terms of premium is sourced through agency force. It is less than 3 per cent through bancassurance channels.

LIC dilutes 2% stake in Nagpur Power & Industries via open market sales

LIC dilutes 2% stake in Nagpur Power & Industries via open market sales

Thu, Aug 25, 2022

The company was primarily in the metal recovery business, producing low Ferro manganese. However, it disposed of the recovery plant and entered the electrical sector a few years ago through its subsidiary.

LIC death claims: 20% decline to Rs 7,111 crore in Q1 FY23 as Covid impact ebbs, says Chairman M R Kumar

LIC death claims: 20% decline to Rs 7,111 crore in Q1 FY23 as Covid impact ebbs, says Chairman M R Kumar

Sun, Aug 21, 2022

The official said these issues seem to be settling down now and the COVID effect seems to be less threatening.

Market cap of five of top-10 firms declines by Rs 30,737.51 cr; Reliance Industries, TCS top laggards

Market cap of five of top-10 firms declines by Rs 30,737.51 cr; Reliance Industries, TCS top laggards

Sun, Aug 21, 2022

In the ranking of top-10 firms, Reliance Industries remained the most valued company.

Do you wish to renew your expired insurance policy? Check Process, Eligibility

Do you wish to renew your expired insurance policy? Check Process, Eligibility

Wed, Aug 17, 2022

“LIC brings a distinctive Special Revival Campaign from 17 August to 21 October for its customers to revive their individual lapsed LIC policies. This campaign is a unique drive as it extends to all non-ULIP policies with very attractive concession in late fee," LIC said in a statement.

LIC customers ALERT! Insurer launches campaign to revive lapsed policies - All you need to know

LIC customers ALERT! Insurer launches campaign to revive lapsed policies - All you need to know

Wed, Aug 17, 2022

LIC Policy Revival Campaign: State-owned Life Insurance Corporation of India has launched a special campaign for policyholders. The campaign allows policyholders to revive lapsed LIC policies.

91% JUMP! Life insurers' new premium income rises to Rs 39,079 cr in July 2022

91% JUMP! Life insurers' new premium income rises to Rs 39,079 cr in July 2022

Tue, Aug 09, 2022

For LIC, the cumulative new premium in the first four months of the current fiscal was up by over 62 per cent to Rs 77,317.69 crore.

LIC HFL Recruitment 2022 exam notification released: Check vacancies and steps to apply online

LIC HFL Recruitment 2022 exam notification released: Check vacancies and steps to apply online

Fri, Aug 05, 2022

Candidates should note that the admit card will be released 7 to 14 days before the date of exam

LIC reduces 2% stake in Sun Pharma; sells shares worth Rs 3,821cr in over 1 year

LIC reduces 2% stake in Sun Pharma; sells shares worth Rs 3,821cr in over 1 year

Mon, Jul 25, 2022

Life Insurance Corporation on Monday said it has reduced shareholding in Sun Pharmaceuticals by selling 2 per cent stake in the company for about Rs 3,882 crore

SBI beats LIC to become most-valued PSU firm – Motilal Oswal sees over 20% gain in stock price

SBI beats LIC to become most-valued PSU firm – Motilal Oswal sees over 20% gain in stock price

Wed, Jul 20, 2022

The state-owned PSU bank has become the seventh largest company in the overall market-cap ranking of listed companies on the BSE.

LIC's embedded value at Rs 5.41 lakh cr as of March 2022; value to be disclosed on six monthly basis now

LIC's embedded value at Rs 5.41 lakh cr as of March 2022; value to be disclosed on six monthly basis now

Thu, Jul 14, 2022

Indian Embedded Value (IEV) of country's largest insurer Life Insurance Corporation of India (LIC) is reported at Rs 5,41,492 crore as of March 31, 2022

brokerage list of this week is out now check on which stocks brokerage are bullish and target price

brokerage list of this week is out now check on which stocks brokerage are bullish and target price

Fri, Jul 08, 2022

Brokerage Report are bullish on these top 5 Stocks. Brokerage house give target price for the investors, in this video know which stocks you may add in your portfolio

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