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LIC files DRHP with SEBI for mega IPO
Updated : 4 years, 1 month ago IST
New Delhi [India], February 13 (ANI): Life Insurance Corporation of India (LIC) filed its Initial Public Offerings (IPO) papers with the Securities and Exchange Board of India (SEBI) on Sunday.
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Public issue of LIC expected shortly, says Nirmala Sitharaman
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): Union Finance Minister Nirmala Sitharaman on Tuesday announced that Initial Public Offering (IPO) of Life Insurance Corporation of India (LIC) is expected shortly.
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LIC posts Rs 1,437 crore net profit in April-September 2021 period
Updated : 4 years, 1 month ago IST
New Delhi [India], January 25 (ANI): Life Insurance Corporation of India (LIC) on Tuesday reported Rs 1,437 crore net profit for the first half of the current financial year as against a mere Rs 6.14 crore recorded in the corresponding period of previous year.
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LIC gets RBI approval to raise holding in IndusInd Bank to 9.99%
Updated : 4 years, 3 months ago IST
Mumbai (India), December 10 (ANI): The country's largest insurer Life Insurance Corporation of India (LIC) has got approval from the Reserve Bank of India (RBI) to raise its holding in private lender IndusInd Bank to 9.99 per cent from the existing 4.95 per cent.
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IDBI Intech implements its innovative Anti Money Laundering solution at Li
Updated : 4 years, 6 months ago IST
Mumbai (Maharashtra) [India], August 31 (ANI/PNN): IDBI Intech Ltd., the technology-led business transformation organisation offering specialised solutions in the Banking, Financial Services and Insurance (BFSI) verticals, has successfully implemented their iAML (Anti Money Laundering) solut
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Cyril Amarchand Mangaldas Advises in Relation to Sale of 25.53 percent Sta
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) / New Delhi [India], November 27 (ANI/NewsVoir): Cyril Amarchand Mangaldas acted as the legal counsel to State Bank of India (SBI), Life Insurance Corporation of India (LIC), Bank of Baroda (BoB), and UTI Trustee Company Private Limited (UTI) on sale of 25.53 per cent st
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Vakrangee ties up with LIC for micro insurance products
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 26 (ANI): Vakrangee Ltd said on Tuesday it has tied up with Life Insurance Corporation of India (LIC) to distribute micro insurance products in unserved and underserved areas through its centres across the country.
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TMC MP gives Zero Hour notice in RS over 'proposed changes in LIC'
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 6 (ANI): Trinamool Congress MP Santanu Sen has given a Zero Hour notice in Rajya Sabha on Thursday over 'concerns on proposed changes in Life Insurance Corporation of India (LIC)'.
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SC dismisses plea alleging 'mass cheating' by LIC
Updated : 6 years, 8 months ago IST
New Delhi [India], July 15 (ANI): The Supreme Court on Monday dismissed a petition filed by a non-profit organisation alleging mass cheating by Life Insurance Corporation of India (LIC) through its Jeevan Saral policy.
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LIC offers to buy 51% stake in IDBI
Updated : 7 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 17 (ANI): The Industrial Development Bank of India (IDBI) on Monday received an offer from the Life Insurance Corporation of India (LIC) seeking to buy a 51 percent controlling stake in the public sector bank.
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