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The National Stock Exchange (NSE) has filed draft papers with SEBI for its proposed Rs 30,000 crore initial public offering (IPO), which is set to become the largest in Indian stock market history.
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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.
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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
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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.
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LIC's shares have surged nearly 80% in the past year, driven by strong operational performance and positive investor sentiment for PSU stocks.
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In this blog, we will discover the roadmap of LIC MF for achieving this 1L Cr+ AUM Club.
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The shares of the insurance company were trading at Rs 665 apiece at 10.20 am on BSE while it was at Rs 668.65 apiece at 11.40 am on Monday.
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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 […]
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Hyderabad: Life Insurance Corporation of India (LIC), the fifth largest global insurer and the tenth largest worldwide in terms of total assets, plans to enhance its product offerings and services with an increased focus on digital and bancassurance in the future. The company today hold 2/3 market share when it comes to gross written premium […]
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Hyderabad: The SC and ST population in the country was around 38-40 crore, but the union government allocated a mere Rs 12,800 crore in the Budget for their welfare which was far less than what Telangana allocated for SC ST sub-plan, said Chief Minister K Chandrashekhar Rao on Wednesday. “This is pathetic. Telangana is spending […]
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The 65-year-old LIC, which is soon going for its IPO, has warned stringent legal or civil action against any person found misusing its official logo, in a post on Friday.
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The government will remain the majority shareholder and will continue to retain management control, safeguarding the interest of policyholders.
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Municipal Administration Minister KT Rama Rao blamed the Centre's policies for the economic slowdown in the country.
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The annuity rates are guaranteed at the inception of the policy and annuities are payable post deferment period throughout the life time of Annuitant(s)
