LIC reduces stake in Indian Hotels by 2.01%
State-owned Life Insurance Corporation (LIC) has reduced its stake in Tata group hospitality firm Indian Hotels Company by 2.01 percent as it sold 11.75 crore shares in the open market.
Dec 11, 2014, 19:48 PM IST
LIC sells Rs 7,700 cr shares in 14 Sensex cos, ups stake in 10
State-owned life insurer LIC lowered its exposure in 14 blue-chip firms during the July-September quarter with sale of shares that are currently worth about Rs 7,700 crore.
Nov 02, 2014, 18:35 PM IST
LIC hikes stake in Tata Power; buys Rs 427 cr worth additional shares
Life Insurance Corp has hiked its stake in Tata Power to more than 12.6 percent by acquiring additional shares worth nearly Rs 427 crore over a period of four years.
Oct 20, 2014, 22:58 PM IST
LIC hikes stake in Infosys; buys shares worth Rs 1,400 cr
State-owned life insurer LIC has shored up its stake in Infosys to 4.45 percent, purchasing shares that are worth about Rs 1,400 crore in the July- September quarter.
Oct 19, 2014, 18:01 PM IST
Moody's withdraws 'Baa3' rating on Life Insurance Corporation
Global rating agency Moody's Investors Service Monday said it has withdrawn the 'Baa3' insurance financial strength rating of the Life Insurance Corporation (LIC).
Oct 13, 2014, 22:41 PM IST
LIC gets Rs 11,500 cr in I-T refunds, policy holders to benefit
Life Insurance Corporation (LIC) has received more than Rs 11,500 crore in income tax refunds and a big chunk of the amount would be passed on to policyholders, an official said.
Oct 02, 2014, 20:51 PM IST
J&K floods to have 'minimal' impact on LIC: Chairman
Life Insurance Corporation, which has nearly 13 lakh customers in flood-ravaged Jammu & Kashmir, has said the financial impact of the massive tragedy would be "very minimal" on the company.
Sep 21, 2014, 20:22 PM IST
LIC eases claims settlement rules for J&K flood victims
State-run insurer LIC has relaxed claim settlement procedure for those affected in floods in Jammu and Kashmir and a special help desk has been set up for expeditious claim processing.
Sep 15, 2014, 20:58 PM IST
JanDhan cover: FinMin calls LIC top brass for meeting on Monday
The Finance Ministry has asked the state-owned Life Insurance Corporation to submit details on structuring the Rs 30,000-life cover to be offered under the Jan Dhan Yojana, unveiled by Prime Minister Narendra Modi on August 28.
Aug 31, 2014, 17:44 PM IST
LIC to invest Rs 50,000 cr in equity market this fiscal: Roy
Country's largest insurer Life Insurance Corporation plans to pump in about Rs 50,000 crore in the equity market, taking its total investment including in bonds to Rs 3 lakh crore during the current fiscal.
Aug 24, 2014, 11:54 AM IST
LIC launches pilot project with repositories for digitisation
The insurance behemoth LIC said here on Friday that it has launched a two-month pilot project in the city to digitise policies.
Aug 22, 2014, 19:47 PM IST
LIC may invest $9.8 bn in Indian equities in FY15
Roy says LIC`s 2014-15 equity investments seen at 600 billion rupees ($9.79 billion).
Aug 06, 2014, 12:51 PM IST
LIC hikes stake in Infosys; buys shares worth Rs 1,100 cr
State-owned life insurer LIC has shored up its stake in Infosys to 3.82 percent, purchasing shares worth about Rs 1,100 crore in the April-June quarter.
Jul 13, 2014, 19:11 PM IST
