Showing results for "#LIC"
LIC to invest around Rs 1.30 lakh crore in stock market in FY25
During April-June FY25, the insurance behemoth made an investment of about Rs 38,000 crore in shares as against Rs 23,300 crore in the same period a...
LIC Q4 net profit surges 2% to Rs 13,763 crore
The total income of the insurer in the reporting quarter rose to Rs 2,50,923 crore from Rs 2,00,185 crore in the same period of the preceding fiscal,...
SEBI grants LIC 3 more years to achieve 10 pc public shareholding norm
"Pursuant to Regulation 30 of Listing Regulations, this is to inform the Securities and Exchange Board of India vide its letter dated May 14, 2024
Strategic sale of IDBI Bank in FY’25: DIPAM
The Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said the process of privatisation of IDBI Bank is on
RBI allows LIC to acquire 9.9% stake in HDFC Bank
The RBI has permitted LIC to acquire 9.9 per cent stake HDFC Bank, the largest private sector lender informed the stock exchange on Thursday.
LIC’s Jeevan Dhara II launched
Among the features of the latest product is the guaranteed annuity from inception with 11 annuity options are available to prospective policyholders.
LIC now most valuable PSU firm; surpasses SBI in market valuation
The market capitalisation of LIC stood at Rs 5,60,964.05 crore, which is Rs 2,149.47 crore more than SBI’s Rs 5,58,814.58 crore valuation.
LIC seeks stake in NHB-linked Co
The investment is to be made in one or more tranches, it added. Details about the company were not disclosed.