LIC Housing Finance Profit Rises By 18% To Rs. 568 Crores
One of the largest state-owned housing finance company, LIC Housing Finance registered an 18% surge in net standalone profit to Rs. 567.9 crores as compared...
Tag : LIC
IDBI Reports Net Loss For Seventh Consecutive Quarter
Industrial Development Bank Of India (IDBI) released their quarterly financial report for the first quarter for the fiscal year 2019 where it posted a net...
LIC board has given approval to buy majority stake in IDBI Bank
Life Insurance Corporation of India’s (LIC) board has given approval to acquire a majority stake in IDBI Bank, mostly through a preferential allotment of shares. LIC will be...
IRDA has given approval to LIC, to buy stake in IDBI Bank
The Insurance Regulatory Development Authority of India (IRDAI) has given approval to Life Insurance Corporation of India (LIC), to invest up to 51% in IDBI Bank. As...
LIC cuts down stake in Ashok Leyland by 2.04%
Life Insurance Corporation (LIC), has lowered its stake in Ashok Leyland by 2.04%. As per a BSE filing, LIC, has reduced its stake in Ashok...
LIC increases stake in Indiabulls Housing Finance
Life Insurance Corporation (LIC) has increased its stake in Indiabulls Housing Finance by 2.03%, as it has bought 86.75 lakh shares in the open market....
LIC makes bid worth Rs.7,000-8,000 cr in GIC Re IPO
Life Insurance Corporation of India (LIC), has made a bid for shares worth Rs.7,000-8,000 crore in the on going IPO of General Insurance Corporation of...
LIC lowers stake in Raymond by 2.01%
The Life Insurance Corporation (LIC) has lowered its stake in textile and apparel major Raymond by 2.01 percent by selling 12.37 lakh shares in the...
LIC reports 27% growth in first year premium in FY17
The Life Insurance Corporation (LIC) has posted a 27.22 percent growth in first year premium (FYP) in FY17. It has said in a statement that...
UCO Bank is going to raise Rs 270 crore through preferential shares to LIC
UCO Bank will be raising over Rs 270.59 crore through issuance of shares to state owned life insurer LIC on preferential basis. UCO has said...