LIC Shares Surge 5% on Filing Appeal with GST Appellate Authority
Shares of Life Insurance Corporation of India (LIC) surged 5% on 29 November after the company announced filing for an appeal with the Goods and...
Tag : Life Insurance Corporation of India (LIC)
Decoding the Differences: General Insurance vs. Life Insurance – Which one is the right choice for you?
Life and General Insurance Meaning Feeling safe and secure in every aspect of our lives is a universal desire. When you think about insurance, you...
LIC Shares Climbed Over 5% After Receiving Rs 21,740-crore Refund
Life Insurance Corporation of India’s (LIC India) shares climbed over 5% on Monday as it received a refund of Rs 21,740.77 crore from the Income...
LIC Shares Surged to a 52-week high After Posting Strong Q3 Profits
Shares of the state-owned Life Insurance Corporation (LIC) gained 4% after it released its results for the quarter and the nine months ended December 31,...
LIC Shares Slip 1% Lower on Receiving Rs 3,528.75 Crore Income Tax Demand Notice
Shares of Life Insurance Corporation of India (LIC) slipped 1% on 12 January after the company announced receiving two demand orders from the Mumbai income...
LIC Offloads 2% Stake in Sun Pharmaceutical
LIC (Life Insurance Corporation of India), on 14 September, had divested a 2.011% stake in Sun Pharmaceutical Industries Ltd, taking its stake in the company...
LIC Acquired a 6.66% Stake in Jio Financial Services
The state-run insurance behemoth, Life Insurance Corporation (LIC), on 22 August announced that it has acquired a 6.66% stake in the demerged non-banking financial services,...
ITC Hits Rs 5.5 Trillion Market Cap, Shares Rise for 6th Straight Day
ITC’s market capitalisation touched the Rs 5.50 trillion mark, with shares of the cigarette-to-hotel giant touching a fresh high of Rs 443.85, up 1% on...
LIC’s New Business Premium Falls 50% After Tax Rule Changes
New business premiums (NBP) of Life Insurance Corporation of India (LIC) fell 50.41% YoY to Rs 5,810.1 crore in April 2023 due to a sharp...
Sebi Bans 3 Individuals, 2 Entities in LIC Front-Running Case
The Securities and Exchange Board of India (Sebi) has banned five entities, including an employee of Life Insurance Corporation of India (LIC), from trading in...