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Adani Ports' Rs, 5,000 Crore Bond Sale Draws Interest From LIC: Report
Adani Ports and Special Economic Zone, India's largest private port operator, has placed its longest-tenor debt with state-run Life Insurance Corporation of India, two sources familiar with the matter said on Thursday.
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LIC Requests RBI To Introduce 100-Year Government Bonds
Life insurance giant LIC has requested the Reserve Bank to introduce long-term government bonds, including 100-year paper as well, a top official said on Tuesday.
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LIC Introduces Smart Pension Plan For Secure Retirement And Family Benefits
The LIC Smart Pension Plan offers a non-participating, non-linked individual and group savings immediate annuity solution.
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LIC Blames "Technical Problem" As Tamil Nadu Protests Website's Switch To Hindi
MK Stalin did not mince words. A "propaganda tool for Hindi imposition", is how the Tamil Nadu Chief Minister Stalin described the switch to Hindi by the State-run insurer Life Insurance Corporation of India or LIC on its website on Tuesday.
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LIC Ordered To Pay Rs 50 Lakh For Covid Policy Premium Payer's Family
A district-level consumer disputes commission in Kerala has ordered Life Insurance Corporation (LIC), India's largest insurer, to pay Rs 50 lakh in compensation to the family of a policy premium payer who succumbed to COVID-19, citing the insurer's t
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LIC Gets GST Demand Notice Of Rs 605.58 Crore
Life Insurance Corporation of India (LIC) on Thursday said tax authorities have slapped a demand notice of about Rs 605.58 crore on it for short payment of Goods and Services Tax (GST) for financial year 2019-20.
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"Drama": Finance Minister Rubbishes Objections To Tax On Insurance Premium
Union finance minister Nirmala Sitharaman, targetted by her critics over the 18 per cent GST on life and medical insurance premiums, retorted today that leaders having objection should first have consulted their state finance ministers.
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LIC Sees 59% Jump In Value Of Investments In Adani Stocks
LIC, the state-owned insurance behemoth, has seen a 59 per cent rise in value of its investments in Adani group companies in 2023-24 fiscal year after the conglomerate made a smart recovery since being hammered by a damning short seller report.
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Former LIC Agent Lachhman Das Mittal Is India's Oldest Billionaire
Lachhman Das Mittal was born in 1931 in Punjab's Hoshiarpur. He used to work as an insurance agent with LIC.
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LIC Gets GST Demand Notice Of Rs 178 Crore
Life Insurance Corporation of India (LIC) on Tuesday said tax authorities have slapped a demand notice of about Rs 178 crore on it for short payment of Goods and Services Tax (GST) for two financial years.
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LIC Becomes 5th Most-Valued Indian Firm, Reliance Tops List
State-run Life Insurance Corporation has surpassed market value of Rs 7 lakh crore, making it the fifth most-valued company in the country.
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"Had To Fill Gaps In LIC's Internal Systems Before IPO": Nirmala Sitharaman
Finance Minister Nirmala Sitharaman today said that the there were gaps in the internal systems of the Life Insurance Corporation (LIC) before the public sector company's IPO.
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GST Authority Imposes Rs 36,844 Fine On LIC
Life Insurance Corporation on Wednesday said the GST Authority has imposed a fine of Rs 36,844 on LIC for lower payment of taxes.
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Centre Announces Welfare Measures For LIC Agents, Employees
The Ministry of Finance on Monday approved a series of welfare measures for the benefit of Life Insurance Corporation of India (LIC) agents and employees according to a release from the Ministry.
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LIC Announces Relaxations For Settlement Of Claims Of Those Hit By Biparjoy
Following insurance regulator Irdai directive, LIC on Saturday announced concessions to mitigate the hardships of the claimants of policies and also of Pradhan Mantri Jeevan Jyoti Bima Yojana affected by the Cyclone Biparjoy.
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Adani Ports' Rs, 5,000 Crore Bond Sale Draws Interest From LIC: Report
Adani Ports and Special Economic Zone, India's largest private port operator, has placed its longest-tenor debt with state-run Life Insurance Corporation of India, two sources familiar with the matter said on Thursday.
-
LIC Requests RBI To Introduce 100-Year Government Bonds
Life insurance giant LIC has requested the Reserve Bank to introduce long-term government bonds, including 100-year paper as well, a top official said on Tuesday.
-
LIC Introduces Smart Pension Plan For Secure Retirement And Family Benefits
The LIC Smart Pension Plan offers a non-participating, non-linked individual and group savings immediate annuity solution.
-
LIC Blames "Technical Problem" As Tamil Nadu Protests Website's Switch To Hindi
MK Stalin did not mince words. A "propaganda tool for Hindi imposition", is how the Tamil Nadu Chief Minister Stalin described the switch to Hindi by the State-run insurer Life Insurance Corporation of India or LIC on its website on Tuesday.
-
LIC Ordered To Pay Rs 50 Lakh For Covid Policy Premium Payer's Family
A district-level consumer disputes commission in Kerala has ordered Life Insurance Corporation (LIC), India's largest insurer, to pay Rs 50 lakh in compensation to the family of a policy premium payer who succumbed to COVID-19, citing the insurer's t
-
LIC Gets GST Demand Notice Of Rs 605.58 Crore
Life Insurance Corporation of India (LIC) on Thursday said tax authorities have slapped a demand notice of about Rs 605.58 crore on it for short payment of Goods and Services Tax (GST) for financial year 2019-20.
-
"Drama": Finance Minister Rubbishes Objections To Tax On Insurance Premium
Union finance minister Nirmala Sitharaman, targetted by her critics over the 18 per cent GST on life and medical insurance premiums, retorted today that leaders having objection should first have consulted their state finance ministers.
-
LIC Sees 59% Jump In Value Of Investments In Adani Stocks
LIC, the state-owned insurance behemoth, has seen a 59 per cent rise in value of its investments in Adani group companies in 2023-24 fiscal year after the conglomerate made a smart recovery since being hammered by a damning short seller report.
-
Former LIC Agent Lachhman Das Mittal Is India's Oldest Billionaire
Lachhman Das Mittal was born in 1931 in Punjab's Hoshiarpur. He used to work as an insurance agent with LIC.
-
LIC Gets GST Demand Notice Of Rs 178 Crore
Life Insurance Corporation of India (LIC) on Tuesday said tax authorities have slapped a demand notice of about Rs 178 crore on it for short payment of Goods and Services Tax (GST) for two financial years.
-
LIC Becomes 5th Most-Valued Indian Firm, Reliance Tops List
State-run Life Insurance Corporation has surpassed market value of Rs 7 lakh crore, making it the fifth most-valued company in the country.
-
"Had To Fill Gaps In LIC's Internal Systems Before IPO": Nirmala Sitharaman
Finance Minister Nirmala Sitharaman today said that the there were gaps in the internal systems of the Life Insurance Corporation (LIC) before the public sector company's IPO.
-
GST Authority Imposes Rs 36,844 Fine On LIC
Life Insurance Corporation on Wednesday said the GST Authority has imposed a fine of Rs 36,844 on LIC for lower payment of taxes.
-
Centre Announces Welfare Measures For LIC Agents, Employees
The Ministry of Finance on Monday approved a series of welfare measures for the benefit of Life Insurance Corporation of India (LIC) agents and employees according to a release from the Ministry.
-
LIC Announces Relaxations For Settlement Of Claims Of Those Hit By Biparjoy
Following insurance regulator Irdai directive, LIC on Saturday announced concessions to mitigate the hardships of the claimants of policies and also of Pradhan Mantri Jeevan Jyoti Bima Yojana affected by the Cyclone Biparjoy.
