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About 53 results for "lic insurance"

LIC increases stake in Dena Bank to over 14%
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 Control, 20 hours ago
LIC sells over 2% in Bank of Baroda in open mkt sale Business Standard, 3 weeks ago

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Money Control, 6 days ago
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Sify, 2 weeks ago
Money Control, 1 month ago
DNA, 3 weeks ago
Money Control, 1 month ago
Money Today, 1 month ago
Money Control, 1 month 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 Standard1 week ago Aadhaar for life cover scheme for informal sector workers  DNA1 month ago Death claims paid by insurers up nearly fourfold in a decade  DNA2 months ago Life insurers' June premium up 13% at Rs 14,466 cr  Business Standard2 months ago

LIC reduces stake in Raymond by 2.01%

Mumbai: State-owned Life Insurance Corporation (LIC) has reduced its stake in textile and apparel major Raymond by 2.01 %, selling 12.37 lakh shares in the open market. According to exchange filings, LIC, which had 5% stake earlier, brought down its ...
 Sify2 weeks ago LIC trims stake in Tata Global Beverages by 2.14%  Business Standard2 months ago

Rs 12,000 crore insurance money unclaimed

More than half of it - Rs 6,003 crore - belongs to LIC
 DNA3 weeks ago UCO Bank to raise Rs 3000 crore this fiscal  Money Control2 months ago Govt mops up Rs 9,100 cr through NTPC share sale  Business Standard3 weeks ago ED attaches assets worth Rs 3.72 crore of Bhajiawala, family  Business Standard2 months ago

LIC sells 2% stake in Mahindra & Mahindra

The Mahindra & Mahindra on Saturday said the Life Insurance Corporation of India (LIC) has brought down its stake to less than 10 per cent in the company by divesting around two per cent of its holding in the firm.After the stake sale, the life insurer now ...
 Prokerala2 months ago LIC pares 2% of its stake in Mahindra & Mahindra, brings it down to 10%  Business Standard2 months ago LIC divests 2 pc stake in M&M  Business Standard2 months ago LIC divests 2 pc stake in MM  Money Control2 months ago

LIC posts 145% jump in profit from sale of equities in Q1

Life Insurance Corporation of India (LIC) has registered a whopping 145 per cent jump in profit from sale of equities in the April-June quarter of the current financial year.
 DNA1 month ago LIC posts 145% jump in profit to Rs 6,100 cr from sale of equities in Apr-Jun quarter  First Post.com1 month ago

LIC aims new biz on individual basis at Rs 38k cr in FY18

State-run insurance behemoth Life Insurance Corporation (LIC) has set a premium collection target from new business on individual basis at Rs 38,000 crore in the ongoing fiscal, a top official said.
 DNA2 months ago
Money Control

Even before an insurance agent joins, LIC will know how long he will stay

If the system on which LIC is working is implemented, it could mean that only those who are expected to stay longer and exhibit certain characteristics would be taken into the system
 Money Control2 months ago

LIC picks over 3% additional stake in BoI for Rs 451 cr

Insurance behemoth LIC has bought an additional stake of over 3 per cent in public sector Bank of India for about Rs 450.88 crore. The Bank of India sold 33,500,000 shares equivalent to over 3.12 per cent equity to LIC through an open market purchase on a ...
 Business Standard2 months 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 Standard3 weeks ago
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