Life Insurance Corporation
- India
Oppn demands probe into Washington Post’s report on LIC, Adani dealings
The Washington Post–LIC–Adani controversy has evolved into one of the most high-profile financial and political debates of the year, raising questions about institutional independence and the intersection of public funds and private conglomerates. The…
- Telangana
Telangana farm labourer wins case against LIC, asked to pay Rs 2L
Hyderabad: The Telangana State Consumer Commission has issued a firm ruling against the Life Insurance Corporation of India (LIC), stating that it cannot deny an insurance claim after having revived a lapsed…
- Business
Adani Ports secures Rs 5,000 crore via 15-year non convertible debenture
Ahmedabad: Adani Ports and Special Economic Zone Ltd (APSEZ) on Friday said it has successfully raised Rs 5,000 crore through a 15-year Non-Convertible Debenture (NCD). Backed by APSEZ’s strong financials and a…
- Technology
LIC clocks 38 pc jump in Q4 net profit at Rs 19,013 Crore
Mumbai: The Life Insurance Corporation of India on Tuesday reported a 38 per cent jump in net profit to Rs 19,013 crore for the January-March quarter of the financial year 2024-25 compared…
- India
LIC shares jump after healthy quarter earnings
Mumbai: The shares of the Life Insurance Corporation of India (LIC) went up around 3 per cent in the opening trade on Friday after posting a healthy quarter earnings. The share opened…
- India
LIC shares surge nearly 80 per cent in one year
Mumbai: India’s largest insurance company, LIC’s shares railed 78 per cent over the last one year, following strong operational performance or positive sentiment for PSU shares among the investors. LIC (Life Insurance…
- News
Centre blocks mobiles linked to fraudsters posing as LIC officials
New Delhi: The government on Wednesday said it has taken action against fraudsters sending fake messages posing as Life Insurance Corporations of India (LIC) officials and insurance company representatives for redemption of…
- 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…
