All posts tagged "LIC"
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Business
LIC acquires 6.66 pc stake in Jio Financial Services through demerger process
August 22, 2023Life Insurance Corporation (LIC) on Tuesday said it has acquired 6.66 per cent stake in Jio...
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Business
Govt nudges LIC to tweak product strategy for better investor return
October 26, 2022The government is nudging LIC to tweak its product strategy to maximise profitability in a bid...
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Business
Life insurers log new business premium growth of 84 pc in April, led by LIC
May 10, 2022Life insurance companies logged 84 per cent growth in their cumulative new business premium at Rs...
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Business
LIC IPO: QIB portion fully subscribed on last day
May 9, 2022Shares reserved for Qualified Institutional Buyers (QIB), including banks and mutual funds in the LIC’s public...
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Business
LIC raises Rs 5,627 cr from anchor investors led by domestic institutions
May 3, 2022Insurance behemoth LIC on Tuesday said it has garnered a little over Rs 5,627 crore from...
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Business
LIC fixes price band at Rs 902-949 a share for Rs 21,000 cr IPO
April 26, 2022Insurance giant LIC has fixed the price band at Rs 902-949 per share for the Rs...
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Business
Sebi approves LIC draft papers; clears decks for mega IPO
March 9, 2022Markets regulator Sebi has given approval to mega IPO proposal of Life Insurance Corporation (LIC) to...
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Business
RBI grants approval to LIC to up stake in IndusInd Bank to nearly 10pc
December 10, 2021Private bank IndusInd Bank on Friday said the RBI has given approval to Life Insurance Corporation...
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Business
LIC improves asset quality ahead of IPO; lowers net NPA to 0.05%
December 6, 2021Ahead of its proposed initial public offering (IPO), insurance behemoth LIC has improved its asset quality...
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Business
Life insurance companies record 45% growth in new business premium in April
May 7, 2021Life insurance companies logged nearly 45 per cent growth in their cumulative new business premium at...
