Life Insurance Corporation
- Business
Govt approves 17% wage hike for 1.10 lakh employees of LIC
New Delhi: The government has approved a 17 per cent overall hike in wages for more than 1.10 lakh employees of insurance giant Life Insurance Corporation of India (LIC). The wage hike…
- News
LIC surpasses SBI to become most valuable PSU firm in India
New Delhi: Life Insurance Corporation of India (LIC) surpassed State Bank of India (SBI) to become the country’s most valued PSU firm by market valuation on Wednesday. Shares of LIC climbed 3 per…
- Business
Govt grants LIC exemption from 25% public shareholding rule till 2032
New Delhi: Government-owned Life Insurance Corporation of India (LIC) said on Thursday that the Finance Ministry has granted it a one-time exemption from the minimum 25 per cent public shareholding rule. The…
- World
Govt mulling to relax retirement age of LIC chairman, PSB chiefs
New Delhi: The government is considering relaxing the retirement age of heads of all public sector banks (PSBs) and Life Insurance Corporation (LIC). According to reports, State Bank of India (SBI) Chairman…
- Business
LIC holding in Tech Mahindra increases to 8.8 per cent
New Delhi: Life Insurance Corporation (LIC) has raised its stake in Tech Mahindra from 6.86 per cent to 8.8 per cent. LIC said in an exchange filing that during the November 21,…
- Hyderabad
Hyderabad: LIC cautions public against fraudsters
Hyderabad: The Life Insurance Corporation of India (LIC) has cautioned its customers against cyber fraud after several incidents of fraud where several citizens in Hyderabad have received calls from fraudsters who are…
- India
‘TMC to raise risk exposure of LIC, SBI due to Adani row in Parliament’
New Delhi: The TMC will raise in Parliament issues such as LIC and SBI’s risk exposure, price rise of essential commodities, unemployment and “misuse” of central agencies during the second phase of…
- Hyderabad
Hyderabad: HDFC life insurance asked to pay Rs 45L for service deficiency
Hyderabad: HDFC Life Insurance Company Limited was asked to pay Rs 45,00,000 by the state Consumer Disputes Redressal Commission on account of service deficiency. Monica Khanna, a resident of Narayanguda along with…
- India
‘We need answers’: Oppn asks questions on LIC’s stock value slump in Adani Group
Members of several opposition parties have raised questions on the latest development of the value of stocks held by the Life Insurance Corporation (LIC) of India in the embattled Adani group companies.…
- India
LIC subscribers can now access policy-related info, services on WhatsApp
New Delhi: The Life Insurance Corporation (LIC) on Wednesday introduced a 24×7 interactive service for its subscribers on WhatsApp, allowing policyholders to easily access information and services related to policies within the…
- India
‘Adaniscam’ trends on Twitter, questions on deposits in LIC, SBI raised
Following the outbreak of the Hindenburg report on the Adani group, on Friday, the hashtags ‘Hindenburg Report’, ‘Hindenburg Research’, and ‘Adani scam’ trended on Twitter. Several Twitter users including members of the…