life insurance corporation news]
Latest from life insurance corporation
LIC AAO Prelims Result 2023 released at licindia.in, get ink to download result
LIC Assistant Administrative Officer Prelims Result 2023 on March 10.
Published on Mar 10, 2023 06:34 PM IST
Family's financial security top priority among Indians post-pandemic: Survey
The second edition of the Life Goals Preparedness Survey 2023, which was released on Thursday, surveyed 1,936 people in 13 cities, including metros, Tier 1 and emerging Tier 2 cities, learnt about their life goals, aspirations, influencers, and readiness to achieve these goals.
Published on Feb 17, 2023 11:11 PM IST
LIC AAO Prelims Call Letter 2023: How to download admit card at licindia.in
LIC AAO Prelims Call Letter 2023 releasing soon. Candidates can download the admit card through these simple steps given below.
Published on Feb 07, 2023 12:33 PM IST
LIC AAO Recruitment 2023: Last date today to register at licindia.in, link here
LIC AAO Recruitment 2023 registration ends today, January 31, 2023. Candidates can apply online through the direct link given below.
Published on Jan 31, 2023 12:54 PM IST
LIC says it will talk to Adani over short seller allegation: Report
India's LIC on Monday said it will talk to management of Adani Group days amid the Hindenburg row.
Published on Jan 30, 2023 03:05 PM IST
Reuters | | Posted by Ritu Maria Johny
LIC doubles down on Adani amid Hindenburg's fraud claims
LIC is an investor in five Adani companies, with stakes ranging from 1% to 9% that was worth a total of 722.68 billion rupees on Jan. 24 — just before the Hindenburg report was published.
Published on Jan 28, 2023 08:50 AM IST
Market cap of 10 most valued firms erodes by ₹1.68 lakh crore: Report
Market sentiment remained weak amid surging COVID cases in China and a few other nations, while stronger US growth data cemented expectations of the Federal Reserve continuing with its hawkish stance.
Published on Dec 25, 2022 01:41 PM IST
PTI | | Posted by Aryan Prakash
LIC services now available on WhatsApp. Check details
To avail these services, policyholders should text ‘Hi’ on the mobile number 8976862090, said LIC in a press release.
Published on Dec 02, 2022 03:17 PM IST
Fortune 500 list: Debutant LIC breaks into top 100 at 98th position
This is the first outing of LIC on the list, which ranks listed companies by sales. Meanwhile Reliance, with revenue of USD 93.98 billion and a net profit of USD 8.15 billion in the latest year, has moved to 104th place.
Published on Aug 03, 2022 10:10 PM IST
LIC shares hit record low of ₹782.45, market cap slips below ₹5 lakh crore
LIC share is trading in the red for the fifth straight session. The recent slump has dragged Life Insurance Corporation of India's market capitalisation below ₹5 lakh crore for the first time.
Published on Jun 06, 2022 04:36 PM IST
ANI | , Mumbai
LIC reports lower profit in Q4; declares ₹1.50 per share dividend
India's biggest insurer and largest domestic financial investor also announced a dividend of 1.50 rupees per share with a face value of 10 rupees each, it said in a regulatory filing on Monday.
Published on May 30, 2022 08:02 PM IST
Reuters | , Mumbai
How LIC's IPO, India's biggest, ended in a downbeat debut
Having missed out on last year's IPO frenzy, shares in India's biggest insurer opened at 872 rupees apiece, compared to their issue price of 949 rupees. They touched a session high of 918.95 rupees.
Published on May 17, 2022 11:58 PM IST
Video: ‘3..2…1’- The moment LIC made much-anticipated market debut
Founded in 1956 by nationalising and combining more than 240 firms, LIC has for decades been the synonymous with life insurance until the entry of private companies in 2000, experts say. The LIC IPO - India's largest - fetched the government ₹20,557 crore.
Published on May 17, 2022 11:24 AM IST
Written by Ishika Yadav | Edited by Swati Bhasin
LIC market debut lacklustre after record IPO: 10 points
LIC market debut: The LIC IPO has been the country's largest so far but a weak debut comes as a disappointment.
Published on May 17, 2022 09:22 AM IST
HT News Desk | Edited by Swati Bhasin
LIC IPO to be listed on stock markets tomorrow. Check share price, other details
LIC is the biggest IPO offering in the country, and had closed with nearly 3 times subscription, mostly by retail and institutional buyers. The foreign investor participation was muted.
Published on May 16, 2022 07:36 PM IST
HT News Desk | Edited by Aryan Prakash
LIC Debut puts millions of small investors' faith to test
Prime Minister Narendra Modi’s government raised $2.7 billion by selling shares in Life Insurance Corporation of India, including to millions of families nationwide that hold LIC policies.
Published on May 16, 2022 08:51 AM IST
India raises ₹205.6 billion in LIC IPO priced at top of range, ₹949 a share
Life Insurance Corporation of India will offer at 949 rupees a share, the state-run firm said in a prospectus filed Friday.
Published on May 13, 2022 10:17 AM IST
LIC IPO: Supreme Court refuses interim relief on pleas seeking stay of allotment
LIC IPO share allotment: Those who have applied for shares will be able to check the IPO allotment status by either logging in to the BSE website or that of its registrar KFin Technologies Ltd.
Published on May 12, 2022 12:55 PM IST
LIC IPO share allotment status announced: Know how and where to check online
Earlier, Department of Investment and Public Asset Management (DIPAM) secretary Tuhin Kanta Pandey had said that the allotment of the IPO share will be done on May 12.
Updated on May 13, 2022 01:49 PM IST
Written by Manjiri Sachin Chitre | Edited by Chandrashekar Srinivasan
LIC IPO: Why foreign investors shunned India's biggest share sale
While the anchor portion of the IPO drew in sovereign funds from Norway and Singapore, most of the shares went to domestic mutual funds.
Published on May 09, 2022 11:07 PM IST
LIC IPO last day: Issue subscribed nearly 3 times | Top 10 points
As many as 11.20 crore bids were received for the 3.95 crore shares earmarked for the segment.
Updated on May 09, 2022 08:11 PM IST
Afternoon brief: LIC IPO subscription closes today
Here are today’s top news, analysis, and opinion. Know all about the latest news and other news updates from Hindustan Times.
Published on May 09, 2022 12:46 PM IST
On LIC IPO, Rahul Gandhi says Modi govt undervalued insurance behemoth
State-owned LIC's IPO – the country's biggest-ever offer – opened for subscription by retail and institutional investors a day ago (May 4) and will close on May 9.
Published on May 05, 2022 07:43 PM IST
Written by Shubhangi Gupta | Edited by Sohini Goswami, New Delhi
LIC IPO sees 100% subscription on Day 2; issue to remain open on weekend
The IPO will close on May 9. The government aims to generate about ₹21,000 crore by diluting its 3.5 per cent stake in the insurance behemoth.
Updated on May 05, 2022 08:12 PM IST
HT News Desk | Written by Aniruddha Dhar
Delhivery IPO to open on May 11; sets price band at ₹462-487 per share
At the upper end of the price band, the company is valued at ₹35,284 crore, Delhivery announced in a virtual press conference.
Published on May 05, 2022 05:49 PM IST
LIC IPO is credit positive for India's life insurance sector: Moody's
According to Moody's, while LIC complies with the Insurance Regulatory and Development Authority of India's (IRDAI's) solvency requirements, its capital adequacy is weaker than that of global life insurance peers.
Published on May 05, 2022 05:45 PM IST
LIC’s record IPO set to be fully sold as valuation drives demand
By Thursday, the second day of the offering, investors had already put in orders for 79% of the shares for sales in India’s biggest IPO.
Published on May 05, 2022 01:54 PM IST
LIC IPO: On Day 1, overall subscription at 67% | Key updates
The LIC has fixed the price band at ₹902-949 per equity share for the issue. The offer includes a reservation for eligible employees and policyholders.
Updated on May 04, 2022 09:00 PM IST
HT News Desk | Written by Aniruddha Dhar, New Delhi
LIC IPO booked over 30% so far, bids to stay open Saturday for retail investors
Retail investors can place their orders for shares of state-controlled Life Insurance Corporation of India until May 9.
Published on May 04, 2022 01:15 PM IST
LIC IPO: Norway, Singapore wealth funds invest in India's largest public issue
LIC’s IPO, which had previously been touted as India’s Aramco moment in reference to the $29.4 billion listing of Gulf oil giant Saudi Arabian Oil Co., is testing the depth of India’s capital market.
Published on May 04, 2022 09:54 AM IST