LIC to acquire 9.99% stake in HDFC Bank
LIC has been advised by the RBI to acquire 9.99% shareholding in HDFC bank by January 24, 2025.
life insurance corporation
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LIC slapped with ₹805 cr tax notice; shares down
LIC served GST notice 2nd time in more than a month after ₹183-cr tax demand from Telangana
Public shareholding norms: LIC gets 10 more years to comply; stock zooms 7%
The insurer can comply with norms of 25% minimum public shareholding by May 2032
LIC shares snap 3-session losing streak; here’s why
ICICI Securities has maintained a ‘BUY’ call on LIC stock with a target price of ₹917, an upside potential of 51% from the current market price.
LIC shares rise 4% as Q4 profit jumps over five-fold
The country’s largest life insurer posted 447% growth in consolidated net profit at ₹13,191 crore as compared to ₹2,409 crore in the same quarter of last year.
IDBI Bank divestment on track: Govt
The central government and LIC together plan to sell 60.72% of shares in IDBI Bank.
LIC, HDFC Life shares tank as govt lifts tax exemption on high-value insurance policies
Finance Minister Nirmala Sitharaman reduced the tax exemption limit on high-value insurance policies.
Adani Group exposure at 0.97% of total AUM: LIC
The total purchase value of equity, purchased over the last many years, under all the Adani group companies is ₹30,127 crore, says LIC.
LIC: Elephant Learning to Dance
The debutant that ranks at No.2 on Fortune 500 India list comes with a rich legacy, but post-listing it needs to prove its chops.
India Inc. Delivers An Encore
Elite top 500 club of India Inc. records best-ever topline growth of 35% to ₹119 lakh cr and impressive 60% jump in profit to ₹9.97 lakh cr. Hyper-growth narrative may, however, change next year.
