LIC shares jump 5% on ₹9,544 crore Q1 profit
Net investment income surges 29.8% year-on-year to ₹90,309 crore in Q1 FY24.
life insurance corporation of india
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LIC is making 45% profit on Adani investment
LIC has invested ₹31,200 crore in Adani Group companies that have touched ₹45,481 crore or 45% above the cost price by May 23
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 stock surges 9% as Q2 profit jumps multifold; what should investors do now?
LIC of India share price jumped 8.7% to ₹682.70 on the BSE, registering its biggest intraday gain since listing.
IDBI Bank strategic sale process begins; Centre, LIC to offload over 60% stake
Government as well as LIC will sell a little over 30% stake each in the bank along with the transfer of management control.
Life insurance industry to grow 10.3% annually to $150.6 bn by 2026
Double-digit growth projections for India’s life insurance industry are twice the global average of 5.5%, thanks to increased penetration, regulatory changes, and growing awareness, says GlobalData
LIC share extends fall for 10th session; erodes investors’ wealth by 1.71 lakh cr
On Monday, LIC shares declined 4.5% to hit their lowest level of ₹676.05, driven by sustained selling as the lock-in period for anchor investors ends today.
LIC IPO booked 67% on Day 1; will it fully subscribe today?
The portion reserved for employees and policyholders was subscribed 1.17 times and 1.99 times, respectively, on day one of bidding.
LIC's contingent liabilities balloon to nearly ₹30,000 crore
The corporation's aggregate amount of income tax and interest contested is ₹72,762 crore.
It's official! LIC IPO to open on May 4; to sell 3.5% stake
LIC IPO issue opens for subscription on May 4, 2022, and the price band has been fixed at ₹902-949 apiece.
