Life Insurance Corporation of India, LIC has made a big announcement for the victims of the train accident in Balasore, Odisha. The corporation has relaxed many rules and has also issued a helpline number (022-68276827) for information.
LIC advanced 1.62 per cent to settle at Rs 603.55 on the NSE. Its stock settled with a gain of 1.69 per cent at Rs 603.60 on the BSE.
The LIC recorded a multi-fold increase in the net profit to Rs 35,997 crore for Financial Year 2022-23.
Last month, the Financial Services Institutions Bureau (FSIB), the headhunter for directors of state-owned banks and financial institutions, recommended Mohanty's name as chairman of LIC.
LIC ADO 2022 mains exam is scheduled to be held on April 23 at various exam centers. Check vacancy details, direct link to download call letters and more.
LIC ADO Prelims Result 2023: Candidates who took the exam can check and download LIC ADO Prelims Result 2023 through the official website-- licindia.in.
LIC policyholders can utilise WhatsApp services to receive a variety of services including premium information and ULIP plan statements.
Life Insurance Corporation (LIC) Chairman MR Kumar has said that he will meet Adani Group's top management soon, amid row over Hindenburg report.
Adani row: In Delhi, the demonstration will be held by NSUI-Youth Congress outside the SBI office and LIC office located at Parliament police station.
Adani Enterprises' Rs 20,000 crore ($2.5 billion) follow-on public offer only saw a 1% subscription on the first day, with retail and institutional buyers showing limited interest.
Year ender 2022: The overall collection would have been much lower had it not been for the Rs 20,557-crore LIC public offer, which constitutes as much as 35 per cent of the total amount raised during the year.
Life Insurance Corporation (LIC) holds 529.41 crore shares representing 49.24 per cent stake in IDBI Bank, while the government holds 488.99 crore shares or 45.48 per cent stake.
Since the day of listing, LIC shares have remained below the issue price and had touched a low of Rs 708.70 and a high of Rs 920.
LIC shareholders have lost around Rs 1,23,686 crore since its listing on May 17. The scrip is trading 20% lower than the IPO issue price.
The shares of insurance sector giant Life Insurance Corporation of India (LIC) debuted on the stock exchanges on a weak note on Tuesday. This led to the bombardment of hilarious memes and jokes on the social media platforms. Take a look!
The Initial Public Offering (IPO) of Life Insurance Corporation (LIC) closed on May 9 and shares were allocated to bidders on May 12. The government sold over 22.
The largest insurer, state-owned LIC's first-year premium or new business premium more than doubled (at a 141 percent rise) to Rs 11,716 crore as against Rs 4,856.
Against 16,20,78,067 shares on offer, 29,08,27,860 bids were received, according to the data posted on stock exchanges at 7 pm. However, the Qualified Institutional Buyer (QIB) category is yet to be fully subscribed.
Subscription for non-institutional investors' segment stood at 76 per cent, while that for QIBs' portion was lower at 56 per cent.
Against 16,20,78,067 shares on offer, 16,25,35,125 bids were received, making the public issue fully subscribed, as per data on stock exchanges as of 6.24 pm.
Top News
Latest News
