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About 40 results for "lic insurance"

LIC insurance for New India Assurance's mega IPO
Business Standard

LIC insurance for New India Assurance's mega IPO

Life Insurance Corporation of India (LIC) has again acted as a white knight, to ensure success of The New India Assurance Company's Rs 9,600-crore Initial Public Offering (IPO), through which the Centre is eyeing Rs 7,680 crore.New India garnered full ... Business Standard, 2 weeks ago
LIC raises stake in Coal India to 9.4% Money Control, 2 weeks ago

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Rs 12,000 crore insurance money unclaimed

More than half of it - Rs 6,003 crore - belongs to LIC
 DNA2 months ago LIC pays dividend of Rs 2,207 cr to govt  Business Standard1 month ago LIC's surplus payout to govt up 15.8pc at Rs 2,207 cr in FY17  Business Standard1 month ago Govt mops up Rs 9,100 cr through NTPC share sale  Business Standard2 months ago

Bank recap bill too could be handed over to LIC

FC Bureau City: New Delhi Insurer may participate by either raising stake in banks or joining holding company for PSB stocks State-own-ed Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation programme for public ...
 The Financial Chronicle2 weeks ago LIC may participate in bank recapitalisation programme  Business Standard2 weeks ago

Fire breaks out at LIC building in Kolkata

A massive fire broke out at Life Insurance Corporation (LIC) building in Kolkata's Jawaharlal Nehru Road on Thursday morning.As per reports, 10 fire tenders have been rushed to the spot.As of now no casualties have been reported and the reason of fire is yet ...
 Business Standard4 weeks ago Kolkata: Fire breaks out at LIC building  catchnews.com4 weeks ago
Money Control

LIC increases stake in Dena Bank to over 14%

LIC, the country#39;s largest and the only state-owned life insurer, bought nearly 4.52 percent shares in Dena Bank in a period between May 23 to September 18, the bank said in a regulatory filing.
 Money Control1 month ago LIC sells over 2% in Bank of Baroda in open mkt sale  Business Standard2 months ago

Life insurers cut fresh exposure to equities by 57% in FY17

The life insurance industry, led by state-run LIC, drastically cut down its fresh exposure in equities by 57 per cent during the fiscal 2016-17 to Rs 16,793 crore from Rs 39,535 crore a year ago, data collated by the Life Insurance Council said. This ...
 Business Standard2 months ago

Axis Bank to raise Rs 11,626 cr from investors including LIC

Axis Bank, the third largest private sector lender, on Friday said it proposes to raise equity and equity-linked capital of Rs 11,626 crore from a set of marquee investors including Life Insurance Corporation of India and Bain Capital Private Equity, among ...
 Deccan Herald1 week ago Axis Bank to raise $1.8 billion from investors including Bain Capital, LIC  Reuters1 week ago

Stewardship code to nudge institutional shareholders to turn active

The corporate governance committee's proposal to put in place a common stewardship code may compel Life Insurance Corporation of India (LIC) and top mutual funds to play a more active role in corporate governance. At present, there is no specific provision ...
 Business Standard1 month ago

Guaranteed returns for golden years? Go for annuities

Conservative investors and those in the lower tax bracket should opt for these, experts tell Sanjay Kumar Singh The Insurance Regulatory and Development Authority of India (Irdai) recently asked the Life Insurance Corporation (LIC) to lower the return it offers on its immediate annuity plan, Jeevan Akshay. The regulator wants the rate to be aligned with the 10-year government securities (G-sec) yield, which is currently at around 6.58 per cent. This news has brought annuities into focus.
 Rediff.com1 month ago

Insurers pull out $4 billion from equities in 2017

Domestic insurance firms sold stocks for the eight consecutive month in August, taking their year-to-date net sales past the $4-billion mark. This contrasts sharply with the inflows from domestic mutual funds and the buying spree by foreign portfolio ...
 Business Standard2 months ago
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