Life Insurance Corporation of India (LIC) Archives

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,...

MARKETS

LIC Shares Slip 1% Lower on Receiving Rs 3,528.75 Crore Income Tax Demand Notice

Ali WaghbakriwalaJanuary 12, 2024January 12, 2024

by Ali WaghbakriwalaJanuary 12, 2024January 12, 202413713

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...

BUSINESS

LIC Offloads 2% Stake in Sun Pharmaceutical

Ali WaghbakriwalaSeptember 15, 2023September 15, 2023

by Ali WaghbakriwalaSeptember 15, 2023September 15, 202303505

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...

MARKETS

LIC Acquired a 6.66% Stake in Jio Financial Services

Ali WaghbakriwalaAugust 22, 2023August 22, 2023

by Ali WaghbakriwalaAugust 22, 2023August 22, 202306908

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,...

MARKETS

ITC Hits Rs 5.5 Trillion Market Cap, Shares Rise for 6th Straight Day

NileshMay 26, 2023May 26, 2023

by NileshMay 26, 2023May 26, 202304016

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...

BUSINESS

LIC’s New Business Premium Falls 50% After Tax Rule Changes

NileshMay 17, 2023

by NileshMay 17, 202302197

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...

MARKETS

Sebi Bans 3 Individuals, 2 Entities in LIC Front-Running Case

NileshApril 28, 2023April 28, 2023

by NileshApril 28, 2023April 28, 202301745

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...

MARKETS

ITC Extends Rally, Hits New Highs, Share Soars 25% So Far in 2023

NileshApril 27, 2023

by NileshApril 27, 202301842

Shares of ITC continued to move north, hitting a fresh high of Rs 416.50, gaining 1% in intraday trade on Thursday on strong earnings expectations....

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Tag : Life Insurance Corporation of India (LIC)

Decoding the Differences: General Insurance vs. Life Insurance – Which one is the right choice for you?

LIC Shares Climbed Over 5% After Receiving Rs 21,740-crore Refund

LIC Shares Surged to a 52-week high After Posting Strong Q3 Profits

LIC Shares Slip 1% Lower on Receiving Rs 3,528.75 Crore Income Tax Demand Notice

LIC Offloads 2% Stake in Sun Pharmaceutical

LIC Acquired a 6.66% Stake in Jio Financial Services

ITC Hits Rs 5.5 Trillion Market Cap, Shares Rise for 6th Straight Day

LIC’s New Business Premium Falls 50% After Tax Rule Changes

Sebi Bans 3 Individuals, 2 Entities in LIC Front-Running Case

ITC Extends Rally, Hits New Highs, Share Soars 25% So Far in 2023

EquityPandit