Sun, Aug 18, 2024
Among the larger states, Uttar Pradesh had the maximum number of LIC agents at over 1.84 lakh with an average monthly income of Rs 11,887.
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Wed, May 15, 2024
Public sector behemoth LIC listed on the bourses on May 17, 2022. As per Sebi norms, LIC was required to achieve 10 per cent public shareholding within 2 years of listing in the capital market.
Mon, Feb 19, 2024
The insurance firm got a refund of Rs 21,740.77 crore the Income Tax Department for FY13 to FY20. The biggest PSU by market size is still talking to the Income Tax Department for the remaining money.
Wed, Sep 28, 2022
As per Sebi's regulatory norm, listed companies have to disclose shareholding in excess of 2 per cent.
Mon, Sep 12, 2022
Life Insurance Corporation of India (LIC), which is also a domestic institutional investor (DII), held 2,58,00,466 equity shares or 7.72 per cent stakes in HAL.
Sun, Sep 11, 2022
LIC New Pension Plus Plan 867 Benefits, Details: LIC New Pension Plus plan is suitable for young persons to make provisions for retirement. The plan can be purchased both offline and online from LIC's official website licindia.in.
Sat, Aug 27, 2022
PMVVY Scheme Details, Interest Rate 2022: The Pradhan Mantri Vaya Vandana Yojana was launched in 2017. It was initially available for subscription till March 31, 2020. But the government extended the last date till March 31, 2023.
Thu, Aug 25, 2022
LIC Share Dividend 2022 Record Date: LIC NSE: LICI will pay a dividend of Rs 1.50 per share to its shareholders. LIC share price has declined 18 per cent since its listing in May. LIC is the country's largest insurer.
Wed, Aug 17, 2022
LIC Policy Revival Campaign: State-owned Life Insurance Corporation of India has launched a special campaign for policyholders. The campaign allows policyholders to revive lapsed LIC policies.
Sun, Aug 14, 2022
Mediclaim policies, which are indemnity-based health plans, are the best-selling health insurance products in the country. However, in 2016, the Insurance Regulatory and Development Authority of India (Irdai) had asked life insurers to withdraw indemnity-based health plans from the market. Life insurers since then have been allowed to offer only fixed benefit health plans.
Thu, Aug 04, 2022
The list, topped by US retailer Walmart, has nine Indian companies -- five of them state-owned, and four from the private sector.
Wed, Jun 15, 2022
LIC Share Price: LIC has increased its stake in Hindustan Unilever Ltd, Hero MotoCorp and non-banking finance company Capri Global Capital through open market purchases over the last few months, the life insurer said on Tuesday.
Wed, Apr 27, 2022
The Life Insurance Corporation's (LIC) long-awaited public issue offer, India's biggest, will be in the price band of ₹ 902-949, with a ₹ 60 discount to policyholders and a ₹ 45 discount for retail investors and employees. Watch entire journey of LIC in this video.
Fri, Apr 22, 2022
The government can take a decision on the date of bringing the initial public offer (IPO) of Life Insurance Corporation of India (LIC) within this week. A senior official gave this information. The sale of five per cent stake or 316 million shares in LIC was earlier scheduled to take place in March but was postponed in view of geopolitical tensions.
Tue, Apr 12, 2022
According to Sharma, the government may sell around 5-6.5 per cent stakes in LIC to raise around Rs 50,000-60,000 crore funds through the equity market.
Tue, Jan 25, 2022
The state-owned insurer reported a jump of Rs 17,404 crore in overall premiums and income from investments grew to Rs 3.35 lakh crore in the April-September 2021 period.
Thu, Oct 28, 2021
The minimum age limit to enter the policy is 40 years, whereas the maximum age limit is 80 years.
Thu, Jul 22, 2021
Under LIC's Aarogya Rakshak Health Insurance Plan, an individual can secure himself/herself as principal insured (PI), his/her spouse, all children and parents under one policy.
Thu, May 06, 2021
The government-owned IDBI Bank spurted by around 15 per cent to Rs 43.50 per share in the early trade on Thursday, after Cabinet gave in-principle nod for strategic disinvestment in the bank.
Wed, Apr 21, 2021
Life Insurance Corporation of India (LIC) has created a new record of collecting premium worth Rs 1.84 lakh crore in the financial year 2020-21, up 3.4 percent or about Rs 1.77 lakh crore from the previous year, said the state-owned entity in the press release.
Thu, Apr 01, 2021
Ahead of LIC IPO, some very good news has just been announced. India's largest insurance company and prominent government entity, the Life Insurance Corporation has doubled its profits in equity returns in financial year 2020-21 as compared to the previous financial year 2019-20.
Mon, Feb 22, 2021
LIC Policy: After the COVID-19 pandemic, people have become cautious about their health insurance and life insurance covers. In fact, the Government of India (GoI) has also become cautious in providing health and life insurance policies to the common man.
Wed, Oct 21, 2020
State-owned Life Insurance Corporation (LIC) on Wednesday launched a new deferred annuity plan, which is a non-linked, non-participating, individual single premium plan.
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