Latest News on Life Insurance Corporation
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Life Insurance Corporation - Total results - 30
Jul 24, 2017
Varishtha Pension Yojana: Will the existing scheme cannibalise it?It appears that the new scheme would arouse the interest of only those who have more than Rs 15 lakh to spare
Jul 21, 2017
Arun Jaitley to launch senior citizens pension scheme today, to offer 8% fixed interest ratePension is payable at the end of each period, during the policy term of 10 years, as per the frequency of monthly, quarterly, half-yearly, yearly as chosen by the pensioner at the time of purchase
Jun 19, 2017
LIC corners 38.67% of SBI's Rs 15,000 cr QIP issueSBI will use the QIP proceeds to augment its capital adequacy ratio and for general corporate purposes.
Feb 07, 2017
SUUTI: Govt offloads 2% stake in ITC to LIC via block deals, raises Rs 6,700 croreThe government had in November 2016 sold 1.63 percent in L&T, while in March 2014 sold 9 percent stake in Axis Bank to raise Rs 5,500 crore through block deals
Sep 06, 2016
Virbhadra Singh money laundering case: ED files chargesheet against LIC agent Anand ChauhanThe Enforcement Directorate (ED) on Tuesday filed a chargesheet against Life Insurance Corporation agent Anand Chauhan in the disproportionate assets case registered against Himachal Pradesh Chief Minister Virbhadra Singh.
Sep 05, 2016
Railways to roll out two major initiatives; regulatory authority to be announced soonThese two initiatives are part of major reforms being undertaken by the railways that will transform the national transporter in a big way
Sep 02, 2016
Govt hints at LIC's IPO, says with Rs 22.10 lakh cr assets insurer commands over 15% of GDPWith a profit of around Rs 40,000 crore last fiscal year, LIC is the most profitable entity in the country, next only to the Reserve Bank of India
Jun 23, 2016
LIC chairman SK Roy, another UPA appointee, resigns before his 5-year termRoy has cited personal reasons for his premature exit from the country's biggest public sector financial institution
Jun 22, 2016
LIC Chairman SK Roy resigns prematurely, reason not yet knownState-run life insurance behemoth LIC Chairman S K Roy, appointed by previous UPA government, has resigned nearly two years ahead of completion of his five-year term.
Dec 11, 2015
Tamil Nadu floods: Insurance firms relax claim settlement normsTo make the claim settlement process easier for policyholders affected by the recent floods in Tamil Nadu and Puducherry, life insurers have extended several concessions and relaxed norms.