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S Appoorwa and D N Shivadas emerged champions in the LIC South Central Zonal carrom selection trials in Rajamahendravaram, defeating P Nirmala and B Ajay Kumar respectively in straight-game finals

As part of the Vigilance Awareness Week with the theme “Culture of Integrity for Nation’s Prosperity”, the Life Insurance Corporation of India (LIC), Hyderabad Zonal Office, organized a walkathon on Sunday in which nearly 450 employees and agents from all offices of Hyderabad and Secunderabad participated.

While the valuation of SBI jumps Rs 36,100.09 crore to Rs 7,32,755.93 crore, ICICI Bank adds Rs 25,775.58 crore to Rs 9,10,686.85 cr

The share opened at 1,159 each after India’s largest insurer reported a 9% year-on-year increase in net profit for the April-June period, alongside a 16% rise in net premium income. The company sold nearly 35 lakh policies in the individual segment during Q1 FY25, up from 32 lakh in the same period last year.

LIC's shares have surged nearly 80% in the past year, driven by strong operational performance and positive investor sentiment for PSU stocks.

In a recent development, Life Insurance Corporation (LIC) of India has successfully clinched the tender for semi-naming rights of a station within the Hyderabad Metro network.

The Board of Directors of Life Insurance Corporation of India (LIC) approved and adopted the standalone and consolidated financial results for the quarter and half year ended September 2023.

Life Insurance Corporation of India (LIC) has been sent a Goods and Services Tax demand of over Rs 290 crore, including interest and penalty, by Bihar state tax officials.

The dividend was approved by the shareholders in the annual general meeting held on August 22, it said.

Sebi on Thursday disposed of adjudication proceedings against state-owned LIC with respect to alleged violations of mutual fund norms.

When the Adani Group suddenly found the ground beneath it slipping away, India’s largest life insurer stood up for the group

Balabaktula Srihari won a silver medal in 110 metres hurdles and a gold medal in 400 metres hurdles at 4th National Masters Athletic Championship-2023

The national level meeting of various unions and associations of LIC officers, employees and agents scheduled to be held in Hyderabad on October 29, will announce an action plan for a nation-wide movement.

Mumbai: A whopping Rs 70,000 crore is lying with various banks, insurance companies, and mutual funds as unclaimed amounts by the depositors/legal heirs/nominees. In the case of banks, the unclaimed amount is over Rs 48,200 crore at the end of FY22, according to a Reserve Bank of India (RBI) report. The unclaimed deposits in the […]

New Delhi: Those investors who had put their money in the initial public offerings of Life Insurance Corporation of India had experienced a heavy depreciation in their portfolio, as the shares of the insurance major have been tumbling ever since its exchange listing. The government had offloaded 3.5 per cent of its stake through the […]

Siddipet: Finance Minister T Harish Rao has said that the Life Insurance Corporation of India (LIC) is known for its credibility in the country. However, the Finance Minister has expressed his disappointment about the Centre’s decision to privatise the LIC. After inaugurating the new LIC branch office building in Siddipet on Wednesday, Harish Rao said […]

New Delhi: The country’s largest insurer LIC on Tuesday listed its shares at a discount of 8.11 per cent at Rs 872 per share on the NSE. On the BSE, the shares got listed at Rs 867.20 apiece, down 8.62 per cent over the issue price of Rs 949 a share. LIC had fixed the […]

Hyderabad: IT and Industries Minister KT Rama Rao tore into the BJP-led union government for its hypocrisy and double standards over the fuel price hike. He stated that the price hike of the LPG cylinder which was Rs 410 in 2014 to more than Rs 1,000 in 2022, was possible only under the Modi administration. […]

New Delhi: LIC public offer, the country’s biggest-ever IPO, on Wednesday opened for subscription for retail and institutional investors. The government aims to generate about Rs 21,000 crore by diluting its 3.5 per cent stake in the insurance behemoth. The LIC initial public offering (IPO), now open for retail and institutional investors, is set to […]

Hyderabad: LIC IPO in its current form will lead to a loss of more than Rs 50,000 crore as the current share price band severely undervalues the insurance behemoth, said People’s Commission on Public Sector and Public Services (PCPSPS). In a statement, it termed the LIC IPO as nothing short of a scandal and perhaps […]