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...
Tag : Life Insurance Corporation of India (LIC)
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...
ITC Extends Rally, Hits New Highs, Share Soars 25% So Far in 2023
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....
IDBI Bank Shares Up 10% on Report RBI Has Started Bid Evaluation Process
Shares of state-run lender IDBI Bank surged 13% in intraday trade before closing nearly 10% higher on the BSE on reports that the Reserve Bank...