Insurance Firm

LIC acquires 9.9% stake in rating agency CARE

LIC acquired 28,82,136 shares of the rating agency through a bulk deal, CARE said in a BSE filing.

Mar 19, 2015, 22:34 PM IST

LIC to invest Rs 1.5 lakh crore in rail infrastructure

"LIC has taken the task of supporting Indian Railways... It is a commercial decision... LIC will invest Rs 1.5 lakh crore over a period of five years," Finance Minister Arun Jaitley said here.

Mar 11, 2015, 11:59 AM IST

LIC's new premium business jumps 52.7% in January

The company has expressed the hope it would be able to arrest the minor fall in the overall market share in the ongoing quarter.

Feb 18, 2015, 21:05 PM IST

Bupa Insurance to raise stake in Max Bupa to 49%

Through an Ordinance, the government has permitted foreign investment of up to 49 percent in the insurance sector, from a limit of 26 percent previously.

Jan 05, 2015, 13:38 PM IST

United India keen on entering Sri Lanka

The company had earlier set up office in Hong Kong but was shut in 2002.

Oct 27, 2014, 16:48 PM IST