Life Insurance News LIC Q4 net profit down 18% to Rs. 2.371 crore July 4, 2022 admin 263 Views 0 Comments CRORE, LIC, net profit, Q4 Life Insurance Corporation of India said its consolidated net profits for the quarter ended March stood at Rs 2,409.39 crore, Read more
Life Insurance News 71% of LIC anchor allotment made to domestic MFs June 18, 2022 admin 277 Views 0 Comments allotment, domestic MFs, LIC LIC, raised Rs 5,627 crore from anchor investors ahead of its mega initial public offering (IPO), with 71 percent of Read more
Life Insurance News LIC loses Rs 46,520 crore on debut listing June 17, 2022 admin 275 Views 0 Comments CRORE, debut listing, LIC LIC lost Rs 46,520 crore in value, as the market capitalisation (m-cap) on its market debut. The stock fetched an Read more
Life Insurance News Can LIC stock prove to be a good long-term bet? June 17, 2022 admin 329 Views 0 Comments LIC, long-term, stock LIC made a less than expected debut on bourses as the stock listed at a discount, hurting all categories of Read more
Life Insurance News LIC listing to boost transparency, and its credit profile June 16, 2022 admin 271 Views 0 Comments boost, credit profile, LIC, transparency As a listed company, LIC will face more demanding disclosure requirements, resulting in increased transparency over its operations, and encouraging Read more
Life Insurance News Government approaches foreign sovereign, pension funds to be anchor investors in LIC public issue May 3, 2022 admin 280 Views 0 Comments Government, LIC, pension, sovereign The Central Government has approached the sovereign wealth and pension funds to be anchor investors for the upcoming public issue Read more
Life Insurance News LIC chairman’s term extended by a year May 3, 2022 admin 270 Views 0 Comments chairman's, extended, LIC, year The Centre has extended the term of the incumbent Chairman MR Kumar by one more year. This is expected to Read more
Life Insurance News LIC Board approved minimum 3.5% stake dilution via IPO, can raise limit to 5% May 3, 2022 admin 299 Views 0 Comments approved, Board, IPO, LIC The Board of Life Insurance Corporation (LIC) of India is learnt to have agreed on diluting 3.5% stake in the Read more
Life Insurance News PMJJBY policyholders eligible for LIC IPO at discount April 5, 2022 admin 370 Views 0 Comments IPO, LIC, PMJJBY, policyholders Subscribers of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) are eligible for LIC initial public offering at a discount, Chairman Read more
Life Insurance News Sunil Agrawal appointed CFO of LIC ahead of listing April 5, 2022 admin 482 Views 0 Comments appointed, CFO, LIC, Sunil Agrawal Life Insurance Corporation (LIC) has appointed Sunil Agrawal as the chief financial officer (CFO) of the corporation. Prior to Agrawal’s Read more