Search For "life insurance corporation of india"
LIC posts Rs 1,437 crore net profit in April-September 2021 period
Updated : 1 year ago IST
New Delhi [India], January 25 (ANI): Life Insurance Corporation of India (LIC) on Tuesday reported Rs 1,437 crore net profit for the first half of the current financial year as against a mere Rs 6.14 crore recorded in the corresponding period of previous year.
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NIA to be a global institution of excellence in learning and research in I
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], January 12 (ANI/Mediawire): The National Insurance Academy was initially established in Mumbai in 1980 by the public sector insurance companies - the General Insurance Corporation of India, the New India Assurance Company, the Oriental Insurance Company, The
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Nirmala Sitharaman reviews progress on IPO of LIC
Updated : 1 year ago IST
New Delhi [India], January 7 (ANI): Union Finance Minister Nirmala Sitharaman on Friday reviewed the progress on proposed Initial Public Offering (IPO) of the Life Insurance Corporation (LIC) of India.
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LIC gets RBI approval to raise holding in IndusInd Bank to 9.99%
Updated : 1 year, 1 month ago IST
Mumbai (India), December 10 (ANI): The country's largest insurer Life Insurance Corporation of India (LIC) has got approval from the Reserve Bank of India (RBI) to raise its holding in private lender IndusInd Bank to 9.99 per cent from the existing 4.95 per cent.
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IDBI Intech implements its innovative Anti Money Laundering solution at Li
Updated : 1 year, 5 months ago IST
Mumbai (Maharashtra) [India], August 31 (ANI/PNN): IDBI Intech Ltd., the technology-led business transformation organisation offering specialised solutions in the Banking, Financial Services and Insurance (BFSI) verticals, has successfully implemented their iAML (Anti Money Laundering) solut
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Cyril Amarchand Mangaldas Advises in Relation to Sale of 25.53 percent Sta
Updated : 2 years, 2 months ago IST
Mumbai (Maharashtra) / New Delhi [India], November 27 (ANI/NewsVoir): Cyril Amarchand Mangaldas acted as the legal counsel to State Bank of India (SBI), Life Insurance Corporation of India (LIC), Bank of Baroda (BoB), and UTI Trustee Company Private Limited (UTI) on sale of 25.53 per cent st
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LIC raises stake to 5.27 per cent in IRB Infrastructure Developers Ltd
Updated : 2 years, 3 months ago IST
New Delhi [India], October 23 (ANI/NewsVoir): BSE and NSE listed IRB Infrastructure Developers Ltd (IRB) is India's leading and largest highway infrastructure developers, with an asset base of over Rs. 45,000 Crs. As per data available on BSE, Life Insurance Corporation of India has raised s
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Disinvestment in LIC goes against Atmanirbhar Bharat: LIC Employees Federa
Updated : 2 years, 7 months ago IST
New Delhi [India], July 1 (ANI): The All-India LIC Employees Federation on June 25 wrote a letter to Prime Minister Narendra Modi asking him to stop the proposed disinvestment of the Life Insurance Corporation of India, stating the move would be against his stated mission of an Atma Nirbhar
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Vakrangee ties up with LIC for micro insurance products
Updated : 2 years, 8 months ago IST
Mumbai (Maharashtra) [India], May 26 (ANI): Vakrangee Ltd said on Tuesday it has tied up with Life Insurance Corporation of India (LIC) to distribute micro insurance products in unserved and underserved areas through its centres across the country.
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LIC gives Rs 2,610.74 crore as govt share of surplus to Sitharaman
Updated : 3 years, 1 month ago IST
New Delhi [India], Dec 27 (ANI): Life Insurance Corporation of India generated a valuation surplus of Rs 53,214.41 crore, registering a growth of 9.9 per cent over the previous year, Ministry of Finance stated.
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SC dismisses plea alleging 'mass cheating' by LIC
Updated : 3 years, 6 months ago IST
New Delhi [India], July 15 (ANI): The Supreme Court on Monday dismissed a petition filed by a non-profit organisation alleging mass cheating by Life Insurance Corporation of India (LIC) through its Jeevan Saral policy.
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LIC offers to buy 51% stake in IDBI
Updated : 4 years, 6 months ago IST
Mumbai (Maharashtra) [India], July 17 (ANI): The Industrial Development Bank of India (IDBI) on Monday received an offer from the Life Insurance Corporation of India (LIC) seeking to buy a 51 percent controlling stake in the public sector bank.
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