A Bill to amend the Life Insurance Corporation Act was introduced in the Lok Sabha on Friday. The Bill seeks to raise the minimum capital of LIC from Rs 5 crore to Rs 100 crore and empower it to make regulations for its agents and employees.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end flat - IFC plans to invest in Malaysia's Khazanah healthcare arm - Cong leaders must work together for winning elections: Scindia - Hotel Leelaventure redeems outstanding bonds worth $41.6 mn - Ex-Galleon portfolio manager testifies against Rajat Gupta

Read Business news in  Advertisements -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  Journey on, We are by Your Side. Click here to know more -  2 Lac Apartments, 1 Lac House / Plots. Click here -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  Watch The Film Here. Click here to know more.. -  Leader in Passenger Car & Automobile Tyres. Click here -  1 billion in saving for Unilever without any tangles. -  Learn How One City is Running on FOOD SCRAPS. -  One Partnership Endless Possibilities. Click here to know more -  Helping doctors detect diseases earlier, saving costs & extending lives. -  36 Lakhs can get you a pool of Luxuries. Click here -  Which is the best plan for your daughter -  Check out the TRUE COLOURS of your Stocks, Now for FREE! -  One of the leading business schools in the world.Know More