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Page 37 - Lic

LIC IPO: An idea whose time has not come

More than the regulatory changes the government will have to overcome, it will need to consider LIC's returns and valuation

LIC IPO: An idea whose time has not come
Updated On : 02 Sep 2016 | 1:34 PM IST

LIC would be most valuable company in India, if listed: FM

LIC handed over a dividend of Rs 2,501.76 crore to the government for 2015-16

LIC would be most valuable company in India, if listed: FM
Updated On : 02 Sep 2016 | 12:38 AM IST

LIC eyes Rs 5,000 crore from current financial year

LIC had 100% growth till August said Zonal manager of LIC K S Nagnyal

LIC eyes Rs 5,000 crore from current financial year
Updated On : 01 Sep 2016 | 3:49 PM IST

LIC Nagpur division settles claims of Rs 58 crore in FY17

The life insurance behemoth is celebrating its diamond jubilee this year

LIC Nagpur division settles claims of Rs 58 crore in FY17
Updated On : 31 Aug 2016 | 3:29 PM IST

LIC to fill posts for 2 MDs, still to name its chairman

Government had cancelled the post of the fourth MD, the move came even after it interviewed five EDs for the same a year ago

LIC to fill posts for 2 MDs, still to name its chairman
Updated On : 28 Aug 2016 | 6:11 PM IST

Govt searching for next LIC chief

Roy had written to the government to relieve him of his duties from June itself, for personal reasons

Govt searching for next LIC chief
Updated On : 22 Aug 2016 | 11:15 PM IST

LIC signs up Axis Bank as bancassurance partner

In preliminary phase, bank will distribute LIC's life insurance products across its branches

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Updated On : 28 Jul 2016 | 5:54 PM IST

Suuti stake: LIC faces investment cap hurdle

The insurer has hit the 15% equity ceiling in L&T, ITC & Axis Bank

Suuti stake: LIC faces investment cap hurdle
Updated On : 14 Jul 2016 | 1:30 AM IST

Govt likely to pick new LIC chief by July

Selection process will begin after acceptance of Roy's resignation by the Appointments Committee of the Cabinet headed by the Prime Minister Narendra Modi

Govt likely to pick new LIC chief by July
Updated On : 24 Jun 2016 | 12:18 AM IST

LIC chairman S K Roy resigns two years before his term ends

He took charge as chairman of the country's largest insurer on June 29, 2013, had a 5-year term

LIC chairman S K Roy resigns two years before his term ends
Updated On : 23 Jun 2016 | 1:59 AM IST

LIC chairman resigns two years before his term ends

Approval of his request for being relieved of his duties will be subject to consent of the Cabinet Committee on Appointments

LIC chairman resigns two years before his term ends
Updated On : 23 Jun 2016 | 12:14 AM IST

LIC to shortly announce credit enhancement fund: Shaktikanta Das

In the Budget, Arun Jaitley had proposed that LIC will set up a dedicated fund to provide credit enhancement to infrastructure projects

LIC to shortly announce credit enhancement fund: Shaktikanta Das
Updated On : 22 Jun 2016 | 2:29 PM IST

LIC sees improvement in persistency ratios

Overall, persistency ratio of insurance policies from the fourth year onwards is becoming a concern area for life insurance companies.

LIC sees improvement in persistency ratios
Updated On : 17 Jun 2016 | 12:21 AM IST

LIC tops loyalty charts, but lead narrows

Private insurers snap at the heels of the public sector behemoth, closing the gap with the lead insurer according to a survey by IMRB

LIC tops loyalty charts, but lead narrows
Updated On : 02 Jun 2016 | 5:23 PM IST

LIC: Lot of bank shares, few votes

Banking law caps voting rights at 10% and insurer's holding is over this limit in 18 banks

LIC: Lot of bank shares, few votes
Updated On : 28 Apr 2016 | 11:44 PM IST

LIC Housing Finance sees improving outlook

Healthy growth of net interest income, net interest margin, loan book in quarter

LIC Housing Finance sees improving outlook
Updated On : 18 Apr 2016 | 11:32 PM IST

LIC clocks Rs 11,000-cr profit via equity investments

Life insurance giant LIC has made a profit of Rs 11,000 crore through its equity investments in the recently concluded 2015-16, a senior official said today. "We saw some profit booking opportunities during the fiscal and have made a profit of Rs 11,000 crore through our equity investments in the recently concluded FY16," its executive director for investment operations, Pravin Kutumbe told reporters on the sidelines of an event here. He said the largest domestic investor pumped-in Rs 2.70 lakh crore across equity and debt markets in the fiscal, of which Rs 65,000 crore was in the equity segment. The depressed markets towards the latter part of the year led to the corporation exceeding on its equity investments target of Rs 60,000 crore announced earlier, he said. He said the banking sector, where a thorough clean-up is underway, presents value buying opportunities at present. The executive director, however, declined to give a sense of how the Life Insurance Corporation (LIC) of

LIC clocks Rs 11,000-cr profit via equity investments
Updated On : 07 Apr 2016 | 11:21 PM IST

LIC to increase its stake in Indian Overseas Bank to 14.50 %

Insurer to infuse Rs 200 cr into the bank

LIC to increase its stake in Indian Overseas Bank to 14.50 %
Updated On : 04 Mar 2016 | 3:37 PM IST

LIC remains white knight in disinvestments

The state-owned insurer's stake has increased by 3.9 percentage points to 12.98% in NTPC

LIC remains white knight in disinvestments
Updated On : 27 Feb 2016 | 2:39 AM IST

LIC buys shares worth Rs 10,400 cr in 18 Sensex cos in Q3

LIC raised stake in Bajaj Auto, Axis Bank, Bharti Airtel, State Bank of India and HeroMoto Corp among others, during the quarter

LIC buys shares worth Rs 10,400 cr in 18 Sensex cos in Q3
Updated On : 22 Feb 2016 | 4:29 PM IST