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About 943 results for "life insurance corporation of india"

SBI gets approval to divest 10% stake in SBI Life Insurance

State Bank of India, the country's largest lender, said on Tuesday it had received approval for divestment of its stake in private life insurer SBI Life Insurance Co Ltd by up to 10 percent. The executive committee of the central board of the bank authorised ... Business Standard, 1 day ago
UCO BANK : TO RAISE Rs400 CRORE 4 Traders, 1 week ago
UCO bank plans to raise Rs 427 crore via share sale Indian-Commodity, 1 week ago
Business Today India

BoI raises Rs 641 crore from share sale to LIC, New India Assurance

"...members had accorded their approval for issue of 2,00,00,000 equity shares to Life Insurance Corporation of India (LIC) and 26,45,502 equity shares to the New India Assurance Company Ltd on preferential basis at a price of Rs 283.50 per share," the bank ...
 Jagran Post1 week ago Bank of India raises Rs. 642 crore additional capital  The Hindu6 days ago BOI raises capital via pref allotment to LIC, New India Assurance  MyIris1 week ago Bank of India raises Rs 641 cr via preference shares  Hindu Business Line1 week ago

Strike in Public Sector Insurance: A Resounding Success

received overwhelming response from the employees of the Life Insurance Corporation and the four public sector general insurance companies across the country. This massive strike action was not just a protest against the totally undemocratic action ...
 Peoples Democracy.in1 week ago Reliance Life to add 20,000 agents during next fiscal  Hindu Business Line1 week ago Rs 50,000 cr bonanza for life insurance industry  Smart Investor2 weeks ago Rs 50,000-cr cheer for life insurance?  Rediff.com2 weeks ago

LIC acquires 10% stake in CARE

Life Insurance Corporation of India (LIC) has acquired about 9.93% stake in Credit Analysis and Research (CARE) for total consideration of Rs 418 crore through open market. The insurance major has purchased 2.88 million shares in the rating agency ...
 Indian-Commodity1 week ago LIC buys 9.94% stake in CARE  MyIris2 weeks ago CARE climbs on LIC stake buy  MyIris1 week ago CLSA Global acquires 1.7% stake in CARE  Indian-Commodity1 week ago

LIC sees 40% growth in new premiums in March

Life Insurance Corporation of India (LIC) has seen more than 40% growth in new premiums for the month of March 2015 (on a month-on-month basis), said its chairman S K Roy. Speaking on the sidelines of the ET Financial Inclusion Summit, Roy said that ...
 Business Standard India1 week ago LIC premium collection dips by 21%; market share slips to 70%  Business Standard1 month ago LIC marketshare drops to 70% on shortage of new products.  Times of India1 month ago

PSU banks turn to LIC for lifeline

Life Insurance Corporation of India (LIC) continues to add to its already substantial stake in several public sector banks as lenders look to the insurer to raise capital, reports Pallavi Ail in Mumbai. On Friday, Bank of India (BOI) said it was ...
 Financial Express1 week ago Stop banking on LIC: S&P's note should show FM that he shouldn't rely on insurer to save public banks  Firstpost.com1 week ago LIC fails to utilise tie-ups optimally  The Financial Chronicle2 months ago Sliver Of Hope For Public Sector Banks  Equitymaster.com2 months ago
DNA India

Massive funds earmarked for Indian rail projects

India's ministry of railways has signed a memorandum of understanding (MoU) with Life Insurance Corporation (LIC) for funds in excess of EUR 14 billion for railway projects in the country. It is the highest ever funding for Indian Railways, ...
 Transport Journal1 week ago Efficiency Will Decide Investment in Railways  New Indian Express2 weeks ago Global reinsurers firm up plans to set up operations in India  Asia Insurance Post2 weeks ago LIC rakes in Rs 22,000 crore profit from share sales, but new investments drop on inflated valuation  Economic Times2 weeks ago
Trade Arabia

LIC launches app for smartphones

MANAMA: Bahrain-based LIC (International), a regional subsidiary of Life Insurance Corporation of India (LIC), yesterday launched smartphone apps on Android and iOS platforms. The apps, which have been developed by Bahraini firm Appshouse, will ...
 Gulf Daily News1 week ago LIC launches app for smartphones in Bahrain  Trade Arabia1 week ago Letters: LIC's strong case  Business Standard1 month ago

Development officers working in LIC not 'workmen': Supreme Court

NEW DELHI: The Supreme Court has held that development officers working in Life Insurance Corporation of India (LIC) cannot be put in the category of "workmen" under the provisions of Industrial Disputes Act. A bench of justices Dipak Misra and ...
 Economic Times2 weeks ago "Development officers working in LIC not 'workmen'  Press Trust of India2 weeks ago LIC offices on strike  The Telegraph3 weeks ago LIC agents lodge protest hold against dismantling services  Himvani1 month ago

LIC to invest Rs.1.50 lakh crore in Railways

Comment · print · T T T+· T- TOPICS The Life Insurance Corporation of India (LIC) will provide Rs.1.50 lakh crore in the next five years to the Railways for funding projects. The move is in line with Railway Minister Suresh Prabhu's ...
 The Hindu2 weeks ago LIC to invest Rs150,000 crore in Railways over next 5 years  Domain-B3 weeks ago LIC To Invest Rs.150,000 Crore In Indian Railways  Silicon India2 weeks ago
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