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LIC Chairman selection revamp: Retirement age raised to 62, only MDs eligible for post

May 24, 2021 12:52 am

The new rule clarifies that all MDs in position on the date of vacancy, irrespective of experience as MD, can compete for the chairmanship.

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Explained: Taking stock of government share sales

March 16, 2021 12:51 pm

Government’s disinvestment programme offers investors an opportunity to become shareholders in what were so far closely-held institutions. What factors should you keep in mind before investing in these?

Government may consider Oriental Insurance or United India for privatisation

February 21, 2021 6:46 pm

To further strengthen their financial health, the government is expected to infuse Rs 3,000 crore in the public sector general insurance companies during the current quarter.

Central govt considers selling 25% stake in LIC to plug a widening budget gap: Report

September 29, 2020 6:05 pm

The timing of the insurer’s initial public offering will depend on market conditions, and the sale is likely to be done in tranches

LIC MD: ‘Our market share has increased substantially ... renewal premium is showing increasing trend’

August 31, 2020 11:06 am

Under policies, we are in the negative but the volume is increasing month to month and we will be in a comfortable position soon on this count also.

Throwing LIC open to private players will destroy its ethos of public service, make them subservient to profit-making motives

July 13, 2020 8:42 pm

The argument for privatising the LIC is based on the thinking that the move will augment the corporation’s efficiency. But surely the LIC couldn’t have grown from a 5-lakh company to one worth 32 lakh crore if it lacked efficiency.

As markets crashed, LIC entered to buy stocks amid fall in holdings in March

June 29, 2020 12:57 am

LIC’s holding in companies listed on NSE fell to at least a decadal low of 3.88 per cent at the end of March 2020.

Explained: The biggest LIC IPO that the government is set to launch

June 25, 2020 10:06 am

LIC IPO 2020 Launch Date, Benefits: An IPO will certainly bring in transparency into affairs of LIC since it will be required to inform financial numbers and other market-related developments on time to the stock exchanges.

Finance Ministry invites bids from transaction advisors for LIC IPO

June 19, 2020 2:43 pm

The advisors can submit their bids beginning Friday, till July 13, 2020. The bids would be opened by DIPAM on July 14.

COVID-19 impact: LIC extends grace period for premium payment for all its policyholders

June 09, 2021 3:34 pm

LIC customers whose premium is due in the months of March and April will get an entire month to pay their pending premium.

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LIC Assistant Prelims Admit Card 2019 released: Steps to download

October 16, 2019 2:03 pm

LIC assistant prelims admit card 2019: The Life Insurance Corporation of India (LIC) has released the admit card for the preliminary examination. It will remain available on the website till October 22, 2019