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.
Mon, Jun 19, 2017
The insurance behemoth bought 38.67% of shares put on the block via QIP by the country's largest bank earlier this month.
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.
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.
Sat, Sep 17, 2016
Up to six new players in the reinsurance market are likely to enter India by January 2017, the Insurance Regulatory and Development Authority of India (IRDAI) chief TS Vijayan, said at an Assocham event.
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