Life Insurance Corporation of India: News
09 Dec 2024
BusinessLIC to enroll 1L women as 'Bima Sakhis' in 2025
The Life Insurance Corporation of India (LIC) has unveiled an ambitious plan to enroll one lakh women under its Bima Sakhi scheme within the next 12 months.
24 Nov 2024
HDFC BankMarket cap of India's top 8 companies up ₹1.5L crore
Eight of India's top 10 most valued companies saw a major jump in their combined market capitalization last week, adding ₹1.55 lakh crore to their valuation.
19 Nov 2024
Tamil NaduLIC blames technical glitch after its website turns all-Hindi
The Life Insurance Corporation of India (LIC) is facing backlash for making Hindi the default language on its website.
18 Nov 2024
Indian GovernmentModi government to allow 100% FDI in insurance sector: Report
The Indian government is gearing up to introduce major reforms in the insurance sector, including allowing 100% foreign direct investment (FDI), according to a Times of India report.
17 Nov 2024
HDFC BankTop 8 Indian firms lose ₹1.7L crore in market cap
Eight of India's top 10 most valued companies witnessed a massive loss in market capitalization last week. The total loss stood at nearly ₹1,65,180.04 crore.
27 Oct 2024
Bharti AirtelMarket cap of India's top 9 companies plunges ₹2L crore
Nine of India's top 10 most valued companies have witnessed a massive erosion in their market valuation last week. The total loss stands at an eye-watering ₹2,09,952.26 crore.
13 Oct 2024
HDFC BankIndia's top 7 firms lose ₹1.22L crore in market valuation
Last week, seven of India's top 10 most valued firms saw a massive dip in their combined market valuation.
22 Sep 2024
HDFC BankMarket cap of India's top 6 companies climbs ₹1.97L crore
Six of India's top 10 most valued firms, experienced a significant increase in their combined market valuation last week, adding ₹1.97 lakh crore to their worth.
15 Sep 2024
Bharti AirtelMarket cap of top 9 companies jumps ₹2L crore
Nine out of the top 10 most valued Indian companies, experienced a significant increase in their market capitalization last week.
18 Aug 2024
InfosysMarket cap of India's top 7 firms up ₹1.4L crore
Seven of the most valued companies in India, witnessed a significant increase in their combined market valuation last week.
11 Aug 2024
Stock MarketLIC to invest ₹1.3 lakh crore in equities this fiscal
Life Insurance Corporation of India (LIC) has announced plans to invest approximately ₹1.3 lakh crore in equities during the current fiscal year, as per its MD and CEO Siddhartha Mohanty.
04 Aug 2024
Bharti AirtelIndia's top 8 companies lose ₹1.28L crore in market cap
Eight of India's top 10 most valued firms, witnessed a significant drop in their market capitalization (mcap) last week, resulting in a combined loss of ₹1.28 lakh crore.
28 Jul 2024
Reliance IndustriesMcap of 6 top-valued companies in India skyrockets ₹1.85L crore
The combined market capitalization (mcap) of six out of the top 10 valued firms in India, experienced a significant increase last week, soaring by ₹1,85,186.51 crore.
21 Jul 2024
Reliance IndustriesMarket cap of top 8 Indian companies surges ₹2.1L crore
The combined market capitalization (m-cap) of eight out of the top 10 most valued firms in India saw a significant increase last week, with a jump of ₹2,10,330.26 crore.
14 Jul 2024
ICICI BankM-cap of top 10 firms jumps ₹1.72L crore, TCS leads
The combined market valuation of seven out of the top 10 most valued Indian firms, experienced a significant increase last week, with a total jump of ₹1.72 lakh crore.
07 Jul 2024
InfosysEight Indian powerhouses drive ₹1.83 lakh crore market surge
Last week saw a significant increase in the market valuation of eight out of the top 10 most valued firms, collectively adding ₹1,83,290.36 crore to their worth.
16 Jun 2024
Reliance IndustriesM-cap of top 5 firms soars to over ₹85,580 crore
The combined market capitalization of five of India's top 10 most valued firms experienced a significant surge last week, reaching ₹85,582.21 crore.
11 Jun 2024
Hyundai Motor IndiaHyundai Motor India may file $2.5B IPO in coming weeks
Hyundai's Indian subsidiary is preparing to submit a draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) in the coming weeks.
02 Jun 2024
Adani GroupLIC's investment in Adani Group companies skyrocket by 51.6%
The Life Insurance Corporation of India (LIC) has seen a significant surge in the value of its investments in Adani Group shares.
28 May 2024
BusinessLIC Q4 earnings exceed expectations, brokerages predict 30% stock rise
Life Insurance Corporation (LIC), India's largest insurer, has reported a better-than-expected performance for the January-March quarter of fiscal year 2024.
19 May 2024
Bharti AirtelM-cap of 8 top Indian firms skyrockets ₹1.48 lakh crore
Eight of the top-10 most valued companies in India experienced a significant surge in their market capitalization last week, collectively adding ₹1,47,935.19 crore.
15 May 2024
Securities and Exchange Board of IndiaLIC receives 3-year extension to meet public shareholding norms
The Securities and Exchange Board of India has granted the Life Insurance Corporation of India (LIC), the country's largest life insurer, a three-year extension to meet the 10% public shareholding requirement.
12 May 2024
HDFC BankMarket cap of top Indian firms plummets by ₹1.73L crore
Last week, six of the top-10 most valued companies in India, experienced a drop in their combined market valuation, with a total loss amounting to ₹1,73,097.59 crore.
05 May 2024
Bharti AirtelMarket cap of 6 major companies declined by ₹68,400 crore
Last week, six out of the 10 most valued firms experienced a significant decrease in their combined market valuation by ₹68,417.14 crore.
28 Apr 2024
ICICI BankSBI, ICICI Bank emerge as top performers in market capitalization
Last week, a significant increase was observed in the combined market capitalization of six out of the ten most valued companies, which rose by ₹1,30,734.57 crore.
07 Apr 2024
HDFC BankHDFC Bank and LIC led market cap boost last week
Last week, four of India's most valued companies, including HDFC Bank and Life Insurance Corporation of India (LIC), experienced a significant increase in their market valuation.
17 Mar 2024
Reliance IndustriesReliance leads top 5 firms with significant market cap drop
Over the past week, five of India's top 10 valued companies experienced a combined market capitalization loss of Rs. 2,23,660 crore.
07 Feb 2024
State Bank of India (SBI)SBI becomes second PSU company with over Rs. 6T m-cap
Shares of the State Bank of India (SBI) soared over 4% to all-time high of Rs. 675 each, raising its market capitalization above Rs. 6 lakh crore.
30 Jan 2024
Initial Public Offering (IPO)LIC's stock reaches highest-level since IPO: How it benefits investors?
Life Insurance Corporation of India (LIC) has experienced a remarkable 75% surge since late March 2023. It has reached its highest stock value following its initial public offering (IPO) in May 2022.
26 Jan 2024
HDFC BankRBI approves LIC's acquisition of 9.99% stake in HDFC Bank
Life Insurance Corporation of India (LIC), the nation's leading insurer, has been granted permission by the Reserve Bank of India (RBI) to acquire an aggregate 9.99% stake in HDFC Bank.
21 Jan 2024
HDFC BankTop 5 firms' market value declines by Rs. 1.68L crore
Last week, the market value of five leading companies, including HDFC Bank, Reliance Industries, Hindustan Unilever, and State Bank of India, dropped by a staggering Rs. 1.68 lakh crore.
17 Jan 2024
State Bank of India (SBI)LIC becomes most valued PSU with Rs. 5.64L crore m-cap
Life Insurance Corporation of India (LIC) has once again become the most valuable listed public sector company, overtaking State Bank of India (SBI) in market capitalization.
16 Jan 2024
BusinessLIC gains 5% to cross listing price for first time
The stocks of LIC soared nearly 5% to a 52-week high of Rs. 900 on Tuesday, surpassing the listing price of Rs. 867 for the first time since debut on May 17, 2022.
02 Jan 2024
InsuranceLIC shares trade in red on Rs. 800cr GST notice
Shares of insurance giant Life Insurance Corporation of India (LIC) traded 1.5% lower at Rs. 851.30 in early trade on January 2 after the company was slapped a Rs. 806-crore GST notice.
14 Dec 2023
BusinessIDFC First Bank to launch LIC co-branded credit card
IDFC First Bank, LIC Cards, and Mastercard have teamed up to introduce a unique co-branded credit card.
10 Dec 2023
Stock MarketMarket cap of 7 top-valued firms rise Rs. 3L crore
Last week, seven of India's top 10 most valued companies saw their combined market value increase by a whopping Rs. 3,04,477.25 crore.
24 Nov 2023
InsuranceLIC, NIACL shares surge up to 19%: What's driving rally
On November 24, shares of public sector insurance companies like Life Insurance Corporation of India (LIC), General Insurance Corporation (GIC), and the New India Assurance Company Limited (NIACL) soared by as much as 19%.
23 Nov 2023
InsuranceLIC targets double-digit growth in FY2024 with new product launches
Insurance giant Life Insurance Corporation (LIC) has big plans for the coming months, with the goal of achieving double-digit growth in new business premium this financial year.
10 Nov 2023
BusinessLIC Q2 results: Profit falls 50% YoY to Rs. 7,925cr
The Life Insurance Corporation of India (LIC) saw a major 50% year-on-year (YoY) drop in net profit for the quarter ending September, plummeting to Rs. 7,925 crore.
18 Sep 2023
IndiaCentre announces new welfare measures for LIC agents and employees
The Indian government has announced a slew of welfare measures for over 13 lakh agents and one lakh regular employees of Life Insurance Corporation of India (LIC).
27 Aug 2023
State Bank of India (SBI)Retirement age extension for LIC, PSB executives proposed
The Centre is currently discussing a proposal to extend the retirement age of top executives at the Life Insurance Corporation (LIC), State Bank of India (SBI), and other public sector banks (PSBs).
11 Aug 2023
BusinessLIC shares rise 6% as year-on-year profit skyrockets 1,300%
Shares of Life Insurance Corporation of India (LIC) soared nearly 6% on the NSE in early trade after the state insurer reported a 14-fold increase in net profit for the June quarter of FY24.
28 Jul 2023
InsuranceLIC launches 'Jeevan Kiran' plan: All you need to know
On Thursday, the Life Insurance Corporation of India (LIC) unveiled "Jeevan Kiran," a new life insurance plan that combines life cover with a return of premium.
12 Jun 2023
BusinessLIC is planning roadshows in Hong Kong, UK: Here's why
It's been over a year since the Life Insurance Corporation of India (LIC) became a public company. The insurance behemoth's big bang listing hasn't turned out the way everyone hoped it would.
17 May 2023
BusinessWhy LIC share continues to struggle a year after IPO
One year ago today, Life Insurance Corporation of India (LIC), India's largest insurer, made its debut on the stock exchanges. It was touted as a big-bang listing that would change India's equity market.
06 Feb 2023
Congress PartyAdani-Hindenburg row: Congress launches nationwide protest, calls for probe
The Congress on Monday took to the streets nationwide, calling for an impartial investigation into the fraud allegations against Adani Group, which it claimed endangers public savings.
04 Feb 2023
Nirmala SitharamanRegulators monitoring Adani-Hindenburg crisis, FPO pullout hardly impacted economy: Sitharaman
Union Finance Minister Nirmala Sitharaman on Saturday said that market regulators are independently monitoring the crisis around Adani Group, which is facing allegations of stock manipulation and accounting fraud.
