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Top headlines: LIC Q4 PAT declines 18%; TaMo to acquire Ford's Sanand plant

Business Standard brings you the top headlines on Monday

LIC, Life Insurance Corporation
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BS Web Team New Delhi
LIC Q4 standalone PAT declines 18%, firm declares dividend of Rs 1.5

India's largest insurer Life Insurance Corporation of India on Monday reported 18% decline in standalone net profit of Rs 2,372 crore for the quarter ending March 31, 2022. It reported consolidated net profit of Rs 2,893 crore in Q4FY21.

Its net premium income rose 18% to Rs 1.44 trillion for Q4FY22 as against Rs 1.22 trillion in the year-ago period. Read more

Tata Motors to takeover Sanand plant; signs MoU with Ford and Gujarat govt

Tata Motors' subsidiary Tata Passenger Electric Mobility Limited (TPEML) on Monday