Fri, Dec 13, 2024
State-owned insurer Life Insurance Corp of India (LIC) has pared its stake in iron-ore producer NMDC Ltd by 2 per cent, according to an exchange filing. After the stake sale, LIC's holding in the state-run iron ore mining company NMDC has dropped to 5.6 per cent from 7.6 per cent earlier.
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Tue, Aug 06, 2024
LIC's new schemes are named Yuva Term, Digi Term, Yuva Credit Life, and Digi Credit Life.
Fri, Jan 06, 2023
LIC is not considered as a public shareholder of IDBI bank, and according to market experts, it is very unlikely that the regulator will be up for the change in the shareholding classification.
Fri, Sep 30, 2022
The increase of 0.051 per cent was at an average cost of Rs 2074.49 per piece. This is an investment in the ordinary course of transaction through open market purchase, LIC said.
Mon, Mar 14, 2022
India aims to launch its $8 billion listing of state-run Life Insurance Corp (LIC) by mid-April, two government sources said, after delaying what will be the country`s biggest ever IPO from this month due to market volatility.
Tue, Mar 01, 2022
The Indian government is open to reviewing plans for the initial public offering of state-run Life Insurance Corp of India (LIC) this month, the finance minister said.
Thu, May 11, 2017
Sources said some lenders might be seeking to gain concessions on other debt with Essar units before giving their approval.
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