Search For "life insurance corporation"
LIC's debt exposure in Adani Group companies declines
Updated : 3 years ago IST
Life Insurance Corporation's (LIC) outstanding debt exposure in Adani Group of companies declined from Rs 6,347 crore at the end of 2022 to Rs 6,183 crore on March 5, 2023, government data tabled in Parliament showed on Monday.
Read More
FPO pullout will have no impact on perception about India: Nirmala Sithara
Updated : 3 years, 1 month ago IST
Speaking after a post-Budget 2023-24 conference in Mumbai on Saturday, while mentioning the FPO of the group, she said, "This is not the first time that some FPO (follow-on public offering) is taken back. How many times that has affected the image of the country?"
Read More
Adani row: Congress to stage nationwide protest on February 6
Updated : 3 years, 1 month ago IST
Speaking to ANI, Venugopal said, "Government at the Centre is using common people's money to support their closest friends. Congress party has decided to have nationwide agitation across districts of the country in front of LIC and SBI offices on Monday."
Read More
Opposition parties seek JPC probe into Hidenburg-Adani row, Congress to pr
Updated : 3 years, 1 month ago IST
The Congress later said it will hold nationwide district-level protest on February 6 in front of Life Insurance Corporation Offices and State Bank of India offices.
Read More
Markets expected to stabilise by next week when SEBI report comes out: Exp
Updated : 3 years, 1 month ago IST
"Selling pressures have hit LIC, too. But LIC as an individual company is a strong, robust company and the largest one in life insurance" according to a market analyst
Read More
LIC shares rise more than 9% on back of strong quarterly earnings
Updated : 3 years, 4 months ago IST
The shares of the insurance company were trading at Rs 665 apiece at 10.20 am on BSE while it was at Rs 668.65 apiece at 11.40 am on Monday.
Read More
Govt, LIC to divest 60.72 per cent stake in IDBI Bank
Updated : 3 years, 5 months ago IST
New Delhi [India], October 7 (ANI): The Government of India and Life Insurance Corporation of India (LIC) will together divest 60.72 per cent stake in IDBI Bank. The government on Friday invited the expression of interest for the divestment of stakes in the bank.
Read More
LIC Q1 net profit jumps to Rs 683 crore; market share rises
Updated : 3 years, 7 months ago IST
New Delhi [India], August 12 (ANI): Life Insurance Corporation of India (LIC), the country's largest insurer, on Friday said its net profit jumped to Rs 682.88 crore for the quarter ended June 30, 2022, sharply higher than a mere Rs 2.94 crore net profit recorded in the corresponding period
Read More
LIC share bounces, but far from its exchange listing price
Updated : 3 years, 8 months ago IST
New Delhi [India], July 6 (ANI): Insurance heavyweight Life Insurance Corporation of India (LIC) has not grabbed headlines in a manner that was widely expected prior to its much-anticipated mega-listing in the Indian stock exchanges.
Read More
LIC crashes 5.85 per cent; down 30 per cent from IPO issue price
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 13 (ANI): The share price of Life Insurance Corporation of India (LIC) crashed by around 6 per cent on Monday as the end of the lock-in period for anchor investors intensified selling.
Read More
LIC shares hit new record low of Rs 723.70; one-fourth of market-cap wiped
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 9 (ANI): Share price of Life Insurance Corporation of India (LIC) slumped to a new record low of Rs 723.70 on Thursday, which is nearly 25 per cent down from its IPO issue price of Rs 949.
Read More
LIC shares dip 3.15 per cent; hit a new record low of Rs 751
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 7 (ANI): Share price of Life Insurance Corporation of India (LIC) slumped to a new record low of Rs 751 on Tuesday, which is over 20 per cent down from its IPO issue price of Rs 949.
Read More