Date | Title | Description |
15.05.2024 | LIC gets 3-yr extension from Sebi to achieve 10% public shareholding | - |
15.05.2024 | LIC gets 3-year extension from Sebi to meet public shareholding norms | - |
10.05.2024 | LIC's premium collection in April at Rs 12,384 crore, highest since 2014 | - |
10.05.2024 | Stocks to watch on May 10: Mahanagar Gas, Brigade Ent, Paytm, Adani, LIC | - |
10.05.2024 | Irdai asks insurers to compulsorily meet rural, social sector obligations | - |
04.05.2024 | RBI greenlights Sanjeev Nautiyal as CEO of Ujjivan Small Finance Bank | Nautiyal holds a Bachelor's degree in Arts and a Master's degree in Business Administration.
The Reserve Bank of India (RBI) has approved the appointment of Sanjeev Nautiyal as the managing director (MD) and chief executive officer (CEO) of... |
04.05.2024 | IDBI Bank Q4 standalone net profit rises 44% y-o-y to ₹1,628 crore | IDBI Bank reported a 44 per cent year-on-year (y-o-y) increase in the fourth-quarter standalone net profit at ₹1,628 crores, supported by a decent rise in net interest income and a sharp decline in provisions (other than tax) and contingenc... |
25.04.2024 | India's public grievance redress system recognised as best in Commonwealth | - |
24.04.2024 | LIC cautions public against misleading social media ads using brand name | - |
23.04.2024 | First-year premium of life insurers up 2 pc at ₹3,77,960 cr in FY24: IRDAI | The first-year premium or new business premium of life insurers increased 2 per cent to ₹3,77,960 crore in the financial year ended March 31, 2024, compared with ₹3,70,543 crore in the previous financial year.
As per the data of Insurance R... |
19.04.2024 | Govt open to selling stake in GIC Re, LIC in FY24/25, says report | - |
16.04.2024 | FPIs hike stake in Adani Group companies as SC clears air on allegations | Foreign portfolio investors and mutual funds have hiked holding in Adani group companies, even as the long-term investor LIC booked profit in two Group companies.
As per the latest shareholding pattern released for 7 out of 11 Adani Group c... |
15.04.2024 | LIC Witnesses 59% Surge in Adani Stock Investments | ECONOMY & POLICY LIC Witnesses 59% Surge in Adani Stock Investments
15 Apr 2024 2 Min Read CW Team
The Life Insurance Corporation of India (LIC) has seen a remarkable 59% increase in the value of its investments in Adani Group stocks. T... |
12.04.2024 | Race for Yes Bank: Japan’s MUFG, SMBC weigh majority stake buyout in lender | MUFG and SMBC were in the fray for the proposed deal and initial discussions have begun. The deal would require the approval of the Reserve Bank of India, sources added
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09.04.2024 | Market Valuation Rollercoaster: Winners and Losers in India's Stock Market | Last week, the market valuation of top companies in India experienced a wild ride, with some soaring to new heights while others plummeted into losses. Four of the top 10 firms added a whopping Rs 1,71,309.28 crore to their market valuation... |
08.04.2024 | India's market capitalisation tops Rs 400 trillion as indices hit new high | The combined market capitalisation (mcap) of all BSE-listed companies crossed Rs 400 trillion for the first time on Monday. The feat comes amid a sharp rebound in shares of smallcap companies from their March lows. The Nifty Smallcap 100 in... |
07.04.2024 | Sequential recovery to neutralise chemical companies' sales slump | For the first time in multiple quarters, specialty chemical companies are likely to report a sequential increase in revenues and earnings for the January–March quarter (Q4). While the sector reported a 9 per cent sequential decline in reven... |
07.04.2024 | Mcap of 4 of top-10 firms hit Rs 1.71 trn; HDFC Bank, LIC lead gainers | Four of the top 10 valued firms added Rs 1,71,309.28 crore to their market valuation last week with HDFC Bank and Life Insurance Corporation of India (LIC) emerging as the biggest gainers in line with an overall positive trend in equities.
... |
01.04.2024 | IIFL Home Finance invests Rs 250 mn for 5% stake in RDCL | ECONOMY & POLICY IIFL Home Finance invests Rs 250 mn for 5% stake in RDCL
01 Apr 2024 1 Min Read CW Team
IIFL Home Finance announced on that it would be investing Rs 250 million to acquire a 5 per cent stake in the RMBS Development Comp... |
01.04.2024 | Growth expectations and better margins drive gains in hotel stocks | The hospitality industry has seen plenty of interest since the catastrophic impact of the pandemic, which led to losses in FY21. The hotel industry market cap has more than tripled since 2019 on the combination of a strong earnings rebound ... |
31.03.2024 | FY24's best-performing stock has more legs to run, say analysts | Shares of BSE (formerly Bombay Stock Exchange) rallied nearly six times in 2023-24 (FY24), the most among National Stock Exchange (NSE) Nifty 500 components. Analysts at HDFC Securities see that the stock has more legs to run.
Higher partic... |
31.03.2024 | Real estate registration in Mumbai up 8% to 14,150 units this month: Report | Registration of properties in Mumbai city has gone up 8 per cent so far this month to around 14,150 units compared to March last year, reflecting strong demand, according to a report.
Real estate consultant Knight Frank said the registratio... |
26.03.2024 | 5G speeds up, gender gap in mobile money awareness still loading: Report | India has witnessed a mobile revolution in recent years, particularly with one of the fastest 5G networks globally. However, there exists a clear gender gap in India regarding the awareness of mobile money accounts, a key financial tool for... |
26.03.2024 | YouTube removes 2.25 mn videos in India over rules, most for any country | YouTube said on Tuesday it removed 2.25 million user-generated videos in India between October and December 2023 for violating its community guidelines, making the country the top in a list for such action.
Globally, the company removed 9 m... |
20.03.2024 | Front running case: LIC fires employee banned by Sebi from stock market | State-owned Life Insurance Corporation of India (LIC) on Wednesday informed the exchanges that it has sacked an employee, who was banned by Securities & Exchange Board of India (Sebi) in a front-running case.
Markets regulator Sebi had ... |
20.03.2024 | Gratuity to conveyance allowance: Exemptions under New Tax Regime decoded | Choosing the right tax regime in India can significantly impact your final tax liability. With the introduction of the new tax regime in 2020, taxpayers now have two options: the traditional old regime with its plethora of deductions and ex... |
19.03.2024 | SEBI confirms involvement of LIC employee in front-running of a big client's trades | The interim order was served to the noticees on April 27, 2023. The regulator has impounded illegal gain of over Rs 2.44 crore
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18.03.2024 | P&G India appoints Kumar Venkatasubramanian as CEO effective May 1 | Kumar Venkatasubramanian will be the new chief executive officer (CEO) of Procter & Gamble India beginning May 1, as the incumbent LV Vaidyanathan has decided to move on after 28 years at the FMCG giant.
Venkatasubramanian is currently ... |
18.03.2024 | Torrent Power leaps 8%, nears 52-week high on 300 MW solar, wind project | Shares of Torrent Power surged 7.6 per cent to Rs 1,249.25 per share on the BSE in Monday's intraday trade, in an otherwise volatile market, on the back of Rs 3,650-crore project win.
At 11:05 AM, shares of the company were ruling 5 per cen... |
18.03.2024 | Investor should rebalance portfolio after surge in value fund returns | Over the last year, value funds have delivered a category average return of 46.8 per cent to investors, outperforming most diversified equity categories, barring midcap and smallcap funds. Investors must temper their return expectations fro... |
16.03.2024 | IDBI Bank’s synergy building with LIC to be on hold due to strategic divestment plans | India Ratings and Research (Ind-Ra) expects a large part of IDBI Bank’s expected synergy building with the Life Insurance Corporation of India (LIC) to be on the backburner, given the impending strategic divestment plans of the Government a... |
15.03.2024 | General insurance premium up 13% till February in FY24, shows data | The non-life insurance industry, including general, standalone health and specialised PSU insurance companies, have witnessed a 13.1 per cent growth in premiums to Rs 2.63 trillion in the first 11 months of FY24, up from Rs 2.32 trillion in... |
15.03.2024 | Income tax allowances, deductions allowed for individuals in old tax regime | India’s personal tax system has two ‘regimes’: Old and new. The new tax regime does not have most of the deductions and exemptions that the other one provides. Most taxpayers, especially those with high income or those having several tax-sa... |
15.03.2024 | Funds safe, claims edtech major Byju's after US court's freeze order | In a hearing presided over by Judge John T. Dorsey of the United States Bankruptcy Court for the District of Delaware, edtech firm Byju’s stated that the judge rejected the request made by the alleged debtor in possession and TLB Lenders fo... |
15.03.2024 | Govt nod for 17% wage hike for Life Insurance Corporation employees | The state-owned insurer, Life Insurance Corporation of India (LIC), on Friday, announced that the government has approved a 17 per cent wage revision for its employees, effective from August 2022.
“The Government of India has approved, with... |
14.03.2024 | Recent strong rally leaves little room for IT firms to disappoint | Analysts are cautious about the performance of IT services sector from January to March quarter (Q4) of FY24 and the first half (H1) of FY25. While the Bloomberg consensus on revenue implies the market is expecting 2-3 per cent growth on a ... |
09.03.2024 | LIC, private insurers lift new biz premium of life insurers by 48% | Life insurers reported 48 per cent year-on-year (Y-o-Y) growth in new business premium (NBP) in February on the back of the strong increase shown by Life Insurance Corporation of India (LIC), coupled with robust performance by private insur... |
07.03.2024 | Stocks to watch: Infosys, LIC, NLC India, Mukka Proteins, Zomato | After a surprise second half turn around at the markets on Wednesday, investors will have some optimism to carry forward for this week’s last trading session.
At 7:10 am, the Gift Nifty futures were 72 points higher at 22,659.50 over Nifty ... |
06.03.2024 | FD or SCSS? Best low-risk investment options for senior citizens | As a senior citizen investor, you want your investments to give you money regularly and also grow over time for your retirement. Some investments do only one of these things, while others do both. If you already get a pension, you might not... |
04.03.2024 | This state-run power generation large-cap has zoomed 102% so far in FY24 | Shares of NTPC rallied 4 per cent to hit a fresh high of Rs 354 on the BSE in Monday’s intra-day trade. The rally comes as Prime Minister Narendra Modi will lay the foundation stone today for the power company's various projects worth Rs 30... |
15.03.2023 | LIC sells 2% stake in NMDC between Dec and Mar, gets over Rs 700 crore | Life Insurance Corporation (LIC) on Wednesday said it has sold 2 per cent of its equity stake in state-owned NMDC, taking its total shareholding in the public sector unit to 11.69 per cent as of March 14.
In a regulatory filing, LIC said it... |
15.02.2022 | LIC Policyholders To Link PAN To Apply For Shares | |
15.02.2022 | LIC is on its way to overtake Reliance Industries Ltd and become India’s most valuable listed business | |
14.02.2022 | Four key facts about Indian insurance giant LIC as $8 bln mega-IPO nears | NEW DELHI, Feb 14 (Reuters) - The Indian government has set the ball rolling for the country's biggest initial public offering (IPO) by March-end, filing draft papers https://www.reuters.com/world/india/life-insurance-corp-files-draft-paper... |
27.05.2021 | LIC Policy Holders Targeted For Massive Online Fraud: Don’t Do This, Warns LIC | LIC warns its customers of circulating fraudsters, posing as LIC or IRDAI agents and officials.
In a tweet addressing all the life insurance holders, the Indian insurance and investment corporation, Life Insurance Corporation warned people ... |
22.01.2018 | At 59, LIC looks increasingly to IT for running its massive business | Information technology is a major enabler of work at LIC of India, the life insurance behemoth, which completed 59 years in service of the nation on September 1.
LIC has been a pioneer in using information technology for enhancing the quali... |