Search For "life insurance corporation of india"
LIC says PMJJBY policyholders are not eligible for 'quota benefits'
Updated : 4 years, 1 month ago IST
New Delhi [India], February 22 (ANI): Life Insurance Corporation of India on Tuesday issued a clarification saying Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) subscribers are not eligible to avail the benefits offered to policyholders in the proposed initial public offering (IPO).
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PMJJBY policyholders also eligible for LIC IPO 'quota benefits'
Updated : 4 years, 1 month ago IST
New Delhi [India], February 21 (ANI): Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) subscribers are also eligible to avail the quota benefits reserved for the LIC policyholders, Life Insurance Corporation of India Chairman M R Kumar said on Monday.
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IPO going to be very positive development in LIC history, says Sitharaman
Updated : 4 years, 1 month ago IST
New Delhi [India], February 14 (ANI): The filing of a draft red herring prospectus (DRHP) by Life Insurance Corporation of India (LIC) has created a "positive buzz in the air" and the public issue will be a very positive development in the history of the country's largest insurer, Union F
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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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NIA to be a global institution of excellence in learning and research in I
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], January 12 (ANI/Mediawire): The National Insurance Academy was initially established in Mumbai in 1980 by the public sector insurance companies - the General Insurance Corporation of India, the New India Assurance Company, the Oriental Insurance Company, The
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Nirmala Sitharaman reviews progress on IPO of LIC
Updated : 4 years, 2 months ago IST
New Delhi [India], January 7 (ANI): Union Finance Minister Nirmala Sitharaman on Friday reviewed the progress on proposed Initial Public Offering (IPO) of the Life Insurance Corporation (LIC) of India.
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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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LIC raises stake to 5.27 per cent in IRB Infrastructure Developers Ltd
Updated : 5 years, 5 months ago IST
New Delhi [India], October 23 (ANI/NewsVoir): BSE and NSE listed IRB Infrastructure Developers Ltd (IRB) is India's leading and largest highway infrastructure developers, with an asset base of over Rs. 45,000 Crs. As per data available on BSE, Life Insurance Corporation of India has raised s
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