Tue, Nov 12, 2024
Amid considerable growth in premiun during the quarter which the brokerage anticipates to continue going ahead, JP Morgan is bullish on the counter.
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After the company's earnings last Friday, shares of the largest insurer Life Insurance Corporation of India (LIC) traded on a muted note in the previous session. Since the last one month the stock is trading a range of Rs 900-950 per share.
Mon, Nov 11, 2024
With strong premium growth and an improved solvency ratio, LIC appears well-positioned to navigate the challenges of rising benefit payouts, while its emphasis on non-participating policies could support margin expansion in the upcoming quarters.
Wed, Mar 29, 2017
Income Tax Department will introduce simplified e-filing of Income Tax return form on April 1 this year which will do away with some columns while filing the the IT returns.
Mon, Mar 13, 2017
Public life insurer Life Insurance Corporation of India (LIC) reported a 12.2% decrease in its new business premium (first year premium) in February to Rs 6,847.59 crore as compared to Rs 7,806.41 crore
Mon, Feb 06, 2017
The trouble brewing in the boardroom of Tata Sons has seen its impact on the brand value of the company in the Global list of brands.
Wed, Feb 01, 2017
Finance Minister, Arun Jaitley announced the introduction of Aadhaar based smart cards for senior citizens over the age of 60 years at the presentation of the Union Budget in the lower house of parliament.
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.
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