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  Life Insurance Corporation gets Rs 11,500crore in income tax refunds, policy holders to benefit

  October 02, 2014 21:17 IST

  Mumbai: Life Insurance Corporation (LIC) has received more than Rs 11,500 crore in income tax refunds and a big chunk of the amount would be passed on to policyholders, an official said."We received I-T refunds

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  LIC to increase equity investment this fiscal: Chairman

  October 24, 2013 16:07 IST

  Mumbai: LIC is likely to cross its initial investment target of Rs 40,000 crore in equities this fiscal following the positive market sentiment, Chairman of the largest domestic institutional investor S K Roy said today.“We