Search For "life insurance corporation"
LIC employees protest against Centre's disinvestment proposal
Updated : 5 years, 1 month ago IST
Coimbatore (Tamil Nadu) [India], February 3 (ANI): Life Insurance Corporation (LIC) employees on Tuesday opposed the government's proposal of disinvestment of the corporation and protested against the decision in Coimbatore.
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Budget pegs FY22 disinvestment target at Rs 1.75 lakh crore
Updated : 5 years, 1 month ago IST
New Delhi [India], February 1 (ANI): The Budget proposals for 2021-22 on Monday put Rs 1.75 lakh crore as a target from stake sale in public sector companies and financial institutions.
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LIC requests Karnataka govt to retain it as implementing agency for Bhagya
Updated : 5 years, 2 months ago IST
Bengaluru (Karnataka) [India], December 22 (ANI): The Life Insurance Corporation (LIC) on Tuesday has requested the Karnataka government to retain the corporation as the implementing agency for the Bhagyalakshmi scheme.
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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, 4 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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IDBI Bank offloads 27 pc stake in IFLI for Rs 595 cr
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 6 (ANI): IDBI Bank said on Thursday it has signed a share purchase agreement with Federal Bank and its Dutch partner Ageas Insurance International NV to offload 27 per cent stake in IDBI Federal Life Insurance (IFLI) at a combined value of Rs 595 crore.
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Disinvestment in LIC goes against Atmanirbhar Bharat: LIC Employees Federa
Updated : 5 years, 8 months ago IST
New Delhi [India], July 1 (ANI): The All-India LIC Employees Federation on June 25 wrote a letter to Prime Minister Narendra Modi asking him to stop the proposed disinvestment of the Life Insurance Corporation of India, stating the move would be against his stated mission of an Atma Nirbhar
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IDBI Bank to fetch Rs 595 crore by divesting 27 pc stake in IFLI
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 27 (ANI): The board of directors at IDBI Bank has approved a plan to offload 27 per cent stake in IDBI Federal Life Insurance (IFLI) at a combined value of Rs 595 crore, the public sector lender said on Saturday.
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Vakrangee ties up with LIC for micro insurance products
Updated : 5 years, 9 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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LIC's NPAs stood at Rs 1453.11 crore as on Dec 31, 2019: MoS Finance
Updated : 6 years ago IST
New Delhi [India], Mar 16 (ANI): Minister of State (MoS) Finance, Anurag Thakur on Monday said that as reported by the Life Insurance Corporation (LIC), its Non Performing Assets (NPAs) stood at Rs 1453.11 crore as on December 31, 2019.
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IPO will make LIC disinvestment more transparent: Nirmala Sitharaman
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 7 (ANI): Finance Minister Nirmala Sitharaman on Friday said that the Centre is planning to bring an Initial public offering (IPO) for the disinvestment of the Life Insurance Corporation (LIC) of India.
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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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