LIC’s Rs 11,000-crore exposure to DHFL, Reliance Cap, Sintex defaults in H1 FY20
With AUM of Rs 30 lakh crore, LIC is the largest domestic institutional investor.
Infy, Tata Steel, Coal India among 60 stocks readying to rally, shows MACD
Strong trading volumes on many of these counters are lending crede...
Share market update: BSE Midcap index advances; HAL jumps 7%
The S&P BSE MidCap index was trading 0.62 per cent up at 15252.57.
Buy LIC Housing Finance, price target Rs 470: Kunal Bothra
The analyst suggested a stop loss at Rs 430.
LIC pays Rs 2,611 cr dividend to government
"During the Financial Year 2018-2019, LIC generated a valuation surplus of Rs 53,214.41 crore, registering a growth of 9.9% over the previous year. It has a market share of 76.28% in number of policies and 71% in First year Premium as on 30.11.2019," the finance ministry said.
Market Movers: What changed for D-Street while you were sleeping
Nifty on Tuesday ended Calendar 2019 below the 12,200 mark.
Share market update: Nifty Services sector index up; HDFC Life climbs 2%
The Nifty Services Sector index was trading 0.72 per cent up at 17312.15.
Share market update:Nifty Services sector down; ZEEL dips 4%
The Nifty Services Sector index was trading 0.29 per cent down at 17563.1.
Share market update: BSE Midcap index flat; Reliance Capital down 3%
The S&P BSE MidCap index was trading flat at 15186.65.
Key driver of D-Street picked top IT, infra, metals, pharma names in Q3
The insurance behemoth offloaded some shares of telecom, power, oil retailers and hospitals.
Share market update: Nifty Service sector index rises; Bharti Airtel up 2%
The Nifty Services Sector index was trading 0.22 per cent up at 17629.4.
Suresh Kishinchand Khatanhar takes charge as deputy MD of IDBI Bank
Suresh Kishinchand Khatanhar has exposure in retail banking business, priority sector lending, corporate banking (mid corporate and large corporate), service oriented functions such as trade finance and cross selling of various treasury products.
Women on boards double in five years, but representation still low
India Inc has lagged behind the US trend on gender diversity on boards.
Sebi orders LIC, SBI, Bank of Baroda to reduce stake to below 10% in UTI AMC
UTI AMC is promoted by four public sector financial institutions as sponsors -- State Bank of India, Life Insurance Corporation of India, Bank of Baroda and Punjab National Bank.
Insurance sector in need of positive enablers, say industry leaders
The issues of underpenetration, which at less than 4.5% of the GDP is low compared to advanced economies, stems from problems of outreach rather than a shortage of demand, they said. "Demand is not as much an issue. There is a huge market. The problem is reach," said Vipin Anand, MD Life Insurance Corporation (LIC), while sharing a panel with Vibha Padalkar, MD and CEO, HDFC Life.
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