LIC
LIC NEWS
Wage revision impact caps LIC Q4 net profit at Rs 13,762 crore
May 28, 2024 8:30 am
The board of LIC recommended a final dividend of Rs 6 per share for FY 2023-24. Earlier, during the year an interim dividend of Rs 4 was declared.
LIC Q4 net profit rises 2 pc to Rs 13,763 crore
May 27, 2024 9:59 pm
The total income of the insurer during the reporting quarter rose to Rs 2,50,923 crore from Rs 2,00,185 crore in the same period of the previous fiscal, LIC said in a regulatory filing.
LIC gets three more years to meet Sebi's 10% public holding norm
May 15, 2024 1:32 pm
Currently, Government holding in LIC is 96.50 per cent, while public holding is 3.50 per cent.
LIC cautions public against misleading social media ads using its brand name, logo
April 24, 2024 4:05 pm
In a post on X (formerly Twitter), LIC asked its policyholders and the public to exercise caution and verify the authenticity of any such advertisements.
LIC gets GST demand notice of Rs 178 crore
March 26, 2024 10:31 pm
The company has received a communication/demand order for interest and penalty from the Additional Commissioner, Central GST & Central Excise Jamshedpur, LIC said in a regulatory filing.
LIC sells over 2% stake in Sun Pharma for Rs 4,699 crore
September 14, 2023 4:40 pm
LIC on Thursday said it has sold 2 per cent of its holding in Sun Pharma for Rs 4,699 crore via open market sale.
LIC acquires 6.66% stake in Jio Financial Services through demerger process
August 22, 2023 1:06 pm
Life Insurance Corporation (LIC) on Tuesday said it has acquired 6.66 per cent stake in Jio Financial Services, the demerged non-banking financial services unit of the Mukesh Ambani-led Reliance group.
Govt appoints R Doraiswamy as LIC MD
August 14, 2023 4:16 pm
Doraiswamy is currently the executive director at the central office in Mumbai.
LIC profit jumps to Rs 9,543 crore in June quarter
August 10, 2023 10:21 pm
The income from investments of LIC, the largest investor in the stock markets, rose 29.80 percent to Rs 90,309 crore in the quarter under review, compared with Rs 69,571 crore in the same quarter of last fiscal.
Commission asks LIC, others to pay Rs 4.22 lakh to Panchkula local for not giving full claim
July 01, 2023 2:05 pm
Pal Singh of Panchkula stated in his complaint that he and his family members were duly covered by Medical Claim Policy taken by the LIC of India from New India Assurance Company Limited for the year 2019-2020 having a coverage of Rs 30 lakh.
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