Life Insurance Corporation
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LIC IPO Update: 10 merchant bankers appointed for managing insurer's mega initial public offering
Market | September 10, 2021 10:13 ISTThe listing of LIC will be crucial for the government in meeting its disinvestment target of Rs 1.75 lakh crore for 2021-22 (April-March).
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Govt mulls allowing FDI in Life Insurance Corporation of India ahead of IPO
Market | August 26, 2021 12:58 ISTThe government is considering allowing foreign direct investment (FDI) in Life Insurance Corporation of India (LIC) ahead of the mega IPO.
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Over 58.82 crore Covid vaccine doses administered in India so far: Govt
India | August 23, 2021 23:11 ISTAccording to the 7 pm provisional report, 56,10,116 vaccine doses have been administered on Monday, the ministry said.
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LIC launches campaign for policyholders to revive lapsed policies
Business | August 23, 2021 18:58 ISTUnder the 'Special Revival Campaign', policies of specific eligible plans can be revived within five years from the date of the first unpaid premium, subject to certain terms and conditions, the insurer said in a release.
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LIC IPO Update: Government plans to complete public offer of insurance giant before March 2022
Market | July 21, 2021 11:43 ISTLIC IPO Date, LIC IPO News: The IPO of the Life Insurance Corporation of India is planned to be completed during the year.
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LIC IPO: Govt invites bids from merchant bankers, legal advisors for public offer
Market | July 16, 2021 11:47 ISTKickstarting the process for LIC disinvestment, the government has invited bids from merchant bankers and legal advisors for advising it on the proposed mega initial public offer.
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LIC's stake in IDBI Bank to be sold along with govt's: DIPAM
Business | July 09, 2021 21:50 ISTThe central government and LIC together own more than 94 per cent equity of IDBI Bank.
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LIC IPO: Govt likely to invite bids from merchant bankers in July
Business | July 04, 2021 12:25 ISTUp to 10 per cent of the LIC IPO issue size would be reserved for policyholders.
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Govt extends retirement age of LIC chairman to 62 years
Business | July 02, 2021 18:23 ISTThe government has extended the superannuation age of IPO-bound LIC Chairman to up to 62 years by making amendment to the Life Insurance Corporation of India (Staff) Regulations, 1960.
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LIC launches Saral Pension Plan: Earn minimum Rs 12,000 pension yearly; Details
Personal Finance | July 02, 2021 12:36 ISTThe Life Insurance Corporation (LIC) has launched a new annuity plan. The new scheme is called -- LIC Saral Pension plan.
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IPO-bound LIC warns against misuse of its iconic logo
Business | June 13, 2021 11:03 ISTLIC has issued a public warning over the unauthorized use or misuse of its iconic logo by anybody.
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LIC employees to get Saturday off with immediate effect
Business | April 16, 2021 16:04 ISTLIC Saturday Holiday, Salary hike: LIC employees will now get off on Saturday. The government has also announced salary hike for LIC employees.
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LIC Kanyadaan policy: Raise Rs 27 lakh with an investment of Rs 130 daily – Details
Personal Finance | April 16, 2021 15:25 ISTLIC Kanyadan policy seeks to help parents with low earnings in raising a corpus for the marriage of daughters.
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Good News! LIC employees to get over 25% wage hike
Business | April 16, 2021 12:19 ISTThe Central government on Thursday notified the revised pay packets for LIC employees. The wage revision is effective from 1.8.2017.
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LIC IPO to bring in Rs 1 lakh crore, BPCL sale may fetch Rs 80,000 crore: CEA
Business | March 28, 2021 11:45 ISTThe much-anticipated initial public offering (IPO) of Life Insurance Corporation of India (LIC) can bring in Rs 1 lakh crore for the government, said the Chief Economic Adviser (CEA) K.V. Subramanian.
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Good news! LIC Housing Finance waives off EMIs for 6 months
Business | March 26, 2021 13:48 ISTThe scheme christened Griha Varishtha is designed for employees or pensioners covered under the Defined Benefit Pension Scheme (DBPS).
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LIC allows policyholders to deposit maturity claims at any office
Business | March 19, 2021 11:45 ISTLIC has allowed its policyholders to deposit their maturity claim documents at their nearest LIC office anywhere in the country.
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LIC launches new plan Bima Jyoti
Business | February 22, 2021 20:59 ISTBima Jyoti provides a guaranteed lumpsum payment on maturity and financial support to the family in case of untimely death of the policyholder during the policy-term.
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LIC employees in Coimbatore protest Centre's disinvestment move
News | February 03, 2021 12:00 ISTLIC workers in Coimbatore protested against Centre's move of disinvestment in the corporation.
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LIC employees protest against Centre's disinvestment proposal
India | February 03, 2021 9:22 ISTDuring the Union Budget on Monday, Finance Minister Nirmala Sitharaman said that the initial public offering of LIC will be brought in through requisite amendments in the session itself.
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