Latest News on Life Insurance Corporation Of India
Showing of 0 - 10 from 16 results
Life Insurance Corporation Of India - Total results - 16
Jul 25, 2018
Moody's places IDBI Bank's long-term ratings under review ahead of proposed acquisition by LICMoody's said the review for upgrade will focus on the exact amount of fresh equity that LIC will inject into the bank and its impact on IDBI's capitalisation
Jul 17, 2018
IDBI Bank board seeks government's nod on LIC's proposal to acquire up to 51% stake in debt-ridden lenderOnce the deal goes through, IDBI Bank will get much-needed capital support to revive its fortune
Jul 16, 2018
LIC board to meet today to finalise acquisition of stake in IDBI Bank, say sourcesLIC has been looking to enter the banking space by acquiring a majority stake in IDBI Bank as the deal is expected to provide business synergies despite the lender's stressed balance sheet.
Jun 22, 2018
Cash-strapped Hotel Leelaventure defaults on payment of quarterly interest of Rs 2.12 crore to LICHotel Leelaventure, which currently has a debt of over Rs 3,600 crore, had issued secured redeemable non-convertible debentures on private placement basis aggregating to Rs 90 crores to LIC in December, 2008.
Feb 01, 2018
Budget 2018: Arun Jaitley hikes exemption limit on interest income for senior citizens to Rs 50 k annuallyAnnouncing benefits for senior citizens, Arun Jaitley said exemption limit on income from interest for them has been raised five times to Rs 50,000 per year
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
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 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
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.
Sep 01, 2013
LIC loses Rs 3,000 cr to salvage disinvestment of PSUs(LIC) has purchased shares of PSUs worth about Rs 16,372 crore in the disinvestment programme through the Offer for Sale (OFS).