LIFE INSURANCE CORPORATION
Hero MotoCorp says LIC has hiked stake by 2%
LIC acquired 40,16,255 shares amounting to 2.011 per cent stake in the company between June 21, 2017 and May 19, 2020.
Life insurers’ key nos hit, but better than expected
Continuing the trend from March, the new business premium (NBP) of the life insurers con...
LIC, overseas investors trim stake in Nestle India in Q4
Mutual fund players increased their stake to 4.19 per cent from 4.13 per cent during...
Rakesh Jhunjhunwala, wife Rekha sell 1 crore Titan shares in March quarter
Shares of Titan traded 1.06 per cent down at Rs 957 in Wednesday’s early trade.
PNB to retain stake in two life insurance ventures as Irdai gives nod
PNB is a promoter of PNB Metlife Insurance with the highest stake of 30 per cent since 2012.
Cabinet decisions will help several citizens, strengthen efforts towards a self-reliant India: PM Modi
"During today's Cabinet meeting, important decisions were taken which are focused on welfare of migrants, senior citizens, easier availability of credit, harnessing opportunities in the fisheries sector," he wrote on Twitter. The decisions, he said, will benefit several citizens.
Trending stocks: Union Bank of India stock dips 3%
Shares of Union Bank of India traded 2.75 per cent down in trade at 09:45 am on Monday.
LIC’s valuation pegged at over Rs 11 lakh crore
LIC has return on equity of 396.8% in FY19 compared to 18.8% of SBI Life.
Business performance of life insurers’ down yet again in April
New Business Premium for the sector contracts by 32.6% while Annualised Premium Equivalent (APE) down by 40% mainly due to covid related disruptions in operations and tepid demand for equity linked products. Experts, however, find some positive in growth of group and protection products.
94% of LIC’s top equity holdings see deep cuts; Rs 2 lakh crore wiped out
Only 19 stocks in the LIC portfolio have managed to stay in positive on a year to date basis.
RITES OFS non-retail quota subscribed 1.3 times
The company expects to raise a total of Rs 745 crore from the offer.
After 1,800% jump in 10 years, this pharma stock is in no mood to halt
The company is one of the active ingredients and drug formulations makers.
Jhunjhunwala co, others in race for IDBI Federal stake
RARE Equity, HDFC Life and ICICI Prudential have been shortlisted from a list of suitors.
IL&FS Fiasco: Sebi directs CARE to sack Chairman SB Mainak
Sebi asks CARE to sack Chairman SB Mainak.
LIC’s mega IPO is highly unlikely in FY21; here’s why
The chances of LIC IPO hitting the market in financial year 2021 is very low, given a slew of challenges.
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