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LIC Golden Jubilee Scholarship Scheme: Check eligibility & how to apply

This scholarship scheme is meant for students from economically weaker families

LIC Golden Jubilee Scholarship Scheme: Check eligibility & how to apply
Updated On : 10 Dec 2024 | 4:38 PM IST

LIC shares dive 3% after premiums struggle in November; key metrics here

LIC's premiums for November fell 27 per cent on a year-on-year basis (Y-o-Y), though the company saw a 16 per cent increase in premiums for the first eight months of FY25

LIC shares dive 3% after premiums struggle in November; key metrics here
Updated On : 10 Dec 2024 | 10:20 AM IST

Stocks to Watch on Dec 10: Vi, Metropolis, MapmyIndia, TaMo, LIC, PFC

Stocks to Watch on Dec 10: From Vodafone Idea (Vi) to Tata Motors, here is a list of stocks that will remain in limelight today

Stocks to Watch on Dec 10: Vi, Metropolis, MapmyIndia, TaMo, LIC, PFC
Updated On : 10 Dec 2024 | 7:47 AM IST

SC to rule on revenue dept's plea over LIC policy surrender value exemption

The Supreme Court has also condones the delay of 365 days in filing the present case

SC to rule on revenue dept's plea over LIC policy surrender value exemption
Updated On : 10 Dec 2024 | 12:29 AM IST

LIC rises 5% on filing appeal against GST demand order of Rs 66 lakh

Life Insurance Corporation of India ("the Corporation") has filed an appeal with GST Appellate Authority, Jammu Kashmir against the order demanding GST of Rs. 66,69,251/- for FY 2019-20

LIC rises 5% on filing appeal against GST demand order of Rs 66 lakh
Updated On : 29 Nov 2024 | 1:04 PM IST

LTIMindtree rises 3% after LIC increases stake by 2% via open market

LIC increased its shareholding from 1,49,06,665 shares to 2,08,34,009 shares which translates to a shareholding from 5.033 per cent stake to 7.034 per cent

LTIMindtree rises 3% after LIC increases stake by 2% via open market
Updated On : 22 Nov 2024 | 11:24 AM IST

Stocks to watch, Nov 22, 2024: Adani Group stocks, Tata Power, NTPC, LIC

Stocks to watch on November 22, 2024: Here is a list of stocks from Infosys to Hyundai Motor India which will be on radar today

Stocks to watch, Nov 22, 2024: Adani Group stocks, Tata Power, NTPC, LIC
Updated On : 22 Nov 2024 | 7:56 AM IST

LIC faces Tamil Nadu backlash over Hindi website; cites technical glitch

The controversy erupted after Chief Minister M K Stalin criticised LIC, calling it a "propaganda tool for Hindi imposition"

LIC faces Tamil Nadu backlash over Hindi website; cites technical glitch
Updated On : 19 Nov 2024 | 6:25 PM IST

New business premium of life insurers rises 13% in Oct, LIC leads

Private insurers log 18% yearly increase at Rs 13,216.51 cr, according to data

New business premium of life insurers rises 13% in Oct, LIC leads
Updated On : 15 Nov 2024 | 11:25 AM IST

Here's why LIC's shares rallied over 4% on Nov 12; check details here

India's largest life insurance company, Life Insurance Corporation (LIC) shares surged to an intraday high of Rs 194.20 per share, rallying 4.29 per cent on the BSE on Tuesday

Here's why LIC's shares rallied over 4% on Nov 12; check details here
Updated On : 12 Nov 2024 | 1:07 PM IST

Stocks to watch, Nov 12: SBI, Britannia, Nykaa, Hindalco, ONGC, IRFC, LIC

Stocks to watch, Nov 12: Here are few stocks will be in focus for today's session

Stocks to watch, Nov 12: SBI, Britannia, Nykaa, Hindalco, ONGC, IRFC, LIC
Updated On : 12 Nov 2024 | 7:24 AM IST

No plan to bring clawback clause, says LIC MD & CEO Siddhartha Mohanty

LIC launched 32 products on October 1, 2024, as per the revised norms, and currently, the corporation has 35 products

No plan to bring clawback clause, says LIC MD & CEO Siddhartha Mohanty
Updated On : 11 Nov 2024 | 11:12 PM IST

Strong growth, margin metrics could support LIC's stock valuations

The management aims for a positive growth trajectory in the par segment and expects strong growth to continue in the non-par segment

Strong growth, margin metrics could support LIC's stock valuations
Updated On : 11 Nov 2024 | 10:49 PM IST

Manickam Tagore writes to Sitharaman over LIC's policy restructuring

In the letter dated November 5, Tagore said that the changes in LIC policies are troubling

Manickam Tagore writes to Sitharaman over LIC's policy restructuring
Updated On : 11 Nov 2024 | 9:56 AM IST

LIC Q2 profit falls 3.8% on higher benefits paid, but margin expands

The net premium income rose 11.6% to 1.20 trillion rupees but the net benefits paid by the insurer to policyholders climbed 17% to 975.62 billion rupees during the quarter

LIC Q2 profit falls 3.8% on higher benefits paid, but margin expands
Updated On : 08 Nov 2024 | 4:56 PM IST

Life Insurance Corporation receives GST demand notice of Rs 65 crore

Life Insurance Corporation of India (LIC) on Wednesday said tax authorities have slapped a demand notice of about Rs 65 crore on it for short payment of Goods and Services Tax (GST) for 2017-18. Besides, there is a penalty of Rs 6.5 crore and interest as applicable. The insurer has received communication/ demand order for Goods & Service Tax, Interest and penalty for Jharkhand on October 30, LIC said in a regulatory filing. There is no material impact on financials, operations or other activities of the corporation, it added.

Life Insurance Corporation receives GST demand notice of Rs 65 crore
Updated On : 30 Oct 2024 | 9:43 PM IST

LIC eyes entry into bond forward rate agreement market by end of FY25

The move comes as the interest rate cycle is set to soften, with insurers offering more guaranteed-return products

LIC eyes entry into bond forward rate agreement market by end of FY25
Updated On : 28 Oct 2024 | 12:04 AM IST

LIC plans entering bond forward rate agreement market in FY25: Sources

State-owned insurer's entry expected to increase demand for instruments typically used to lock interest rates for a future date

LIC plans entering bond forward rate agreement market in FY25: Sources
Updated On : 25 Oct 2024 | 11:37 AM IST

LIC, MCD directed to pay Rs 4.8 lakh claim, Rs 40,000 compensation

The central Delhi consumer disputes redressal forum has directed the Life Insurance Corporation (LIC) and Municipal Corporation of Delhi (MCD) to pay a claim amount of Rs 4.8 lakh to the wife and daughter of a deceased cleaning staff of the civic body, along with a compensation of Rs 40,000, for causing them sufferings, harassment and mental agony. Rejecting the LIC's argument that the policies had lapsed, the forum also observed that the contract to deduct the premium amount from the salary and then remit it to the insurer was between the MCD and the LIC and the employee was unaware of the non-deduction of the said amount. The forum comprising President Inder Jeet Singh and member Rashmi Bansal was hearing a complaint filed by the wife and daughter of a deceased safai karamchari, who alleged deficiency in service by the LIC for rejecting their claims. In an order dated October 14, the forum noted that the employee, appointed in the Karol Bagh zone in May 2005, had opted for the ...

LIC, MCD directed to pay Rs 4.8 lakh claim, Rs 40,000 compensation
Updated On : 21 Oct 2024 | 9:27 PM IST

LIC Housing Finance accepts bids worth Rs 1,300 cr for 5-year bonds: Report

The housing finance company will pay an annual coupon of 7.57 per cent and had invited bids from bankers and investors earlier in the day

LIC Housing Finance accepts bids worth Rs 1,300 cr for 5-year bonds: Report
Updated On : 17 Oct 2024 | 5:07 PM IST