Fri, May 10, 2024
Quoting Life Insurance Council's latest figures, the insurance behemoth said the total premium collected by LIC in April 2024 was Rs 12,383.64 crore -- 113.14 per cent higher than the Rs 5,810.10 crore premium collected the same month a year ago.
More >
As per the data released by the Life Insurance Council, LIC’s premium during the reporting period surged by 113 per cent YoY, while private life insurers logged 16.5 per cent growth.
Mon, Apr 29, 2024
Last week, six of India's top 10 firms witnessed a significant increase in market valuation by Rs 1.3 lakh crore. Led by SBI and ICICI Bank, amidst a positive trend in equities, the BSE benchmark rose by 641.83 points or 0.87% during the week.
Fri, Jan 20, 2017
The further fund offer (FFO) of CPSE has received bids of approximately Rs 12,000 crore over two and half times the base issue size of Rs 4,500 crore.
Sun, Dec 18, 2016
Of the 24 life insurance companies operating in India, only 19 insurers remained profitable in 2015-16 with the sector's overall profits dipping by 2.57%.
Sun, Dec 11, 2016
State-owned Life Insurance Corporation (LIC) has hiked its stake in footwear major Bata India by 2.03%, taking its total shareholding to 7.05% in the company.
Tue, Oct 18, 2016
Small players like Star Union Daichi and Indiafirst also reported strong (75-125%) growth likely due to activation of their banking channels.
Thu, Sep 01, 2016
If the nation's largest financial entity LIC is listed on the bourses, it would command the highest valuation in the country in terms of market capitalisation, Finance Minister Arun Jaitley said on Thursday.
Tue, Jul 19, 2016
Many more public sector based insurance companies are likely to enter the market via IPO.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.