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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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LIC's Debut Is Second-Worst Among 11 Companies That Listed This Year
State-run insurer Life Insurance Corporation of India slumped in its Mumbai trading debut after a record initial public offering that priced at the top of the range and was oversubscribed nearly three times.
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Lexus India Launches 'Lexus Life' Ownership Programme; Enters Used Car Business With 'Lexus Pre-Owned'
Lexus India today announced the launch of 'Lexus Life', a special ownership program for its buyers in the country.
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Centre Investing LIC Money In Loss-Making Firms: Priyanka Gandhi Vadra
Congress leader Priyanka Gandhi Vadra today alleged that the Modi government was "shattering" people's trust in LIC by investing the state-run insurance firm's money in loss-making companies.
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Rs 15,167 Crore Unclaimed Money Lying With Life Insurance Companies
A staggering amount of Rs 15,167 crore amount belonging to policyholders is lying unclaimed with 23 life insurance companies, according to latest regulatory data.
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ICICI Bank's New COO Sandeep Bakhshi Started Career At Bank In 1986
Sandeep Bakhshi has been the managing director and CEO of ICICI Prudential Life Insurance Company since August 1, 2010. During his tenure, ICICI Prudential Life Insurance has been a leading private life insurance company in the country, ICICI Bank said in a statement. Before this role, Mr Bakhshi was the deputy managing director of ICICI Bank. In t...
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Long-Term Capital Gains Tax Not To Apply To ULIPs
A few days after Arun Jaitley on Thursday announced the re-introduction of long term capital gains on equity during the Budget speech, market indices have been consistently declining. However, the Budget has been positive for the insurance sector, claim experts. A report released by the Nomura says that the newly inducted capital gains tax will not...
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LIC Settles Claims Of Uri Soldiers In Less Than A Week
In a show of solidarity towards soldiers killed in the Uri attack, LIC today said it has expeditiously settled the insurance claims on its own after obtaining necessary documents.
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Paytm Partners Insurance Firms for Cashless Premium Payments
Insurance companies ICICI Prudential Life, Religare Health, Reliance Life, and Reliance General have partnered.
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Bangladesh Offers 2 Special Economic Zones to Indian Companies
With an aim to boost bilateral trade, Bangladesh has offered to establish two Special Economic Zones (SEZ) for Indian companies besides allowing Life Insurance Corporation to start operations in the country.
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Insurance firm ad 'kills' people on rail tracks
There is no need to drop your jaw if someone you know is alive and kicking has his epitaph engraved on - and this is unusual - the railway tracks before Sion. It's a new-age publicity device, apparently coupled with goodwill for the janta. In an initiative allegedly meant to raise awareness about the pitfalls - namely death and mutilation - of cros...
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Big B bags one more endorsement deal
A life insurance company has signed up Amitabh Bachchan as its brand ambassador.
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SEBI's ULIP ban: Are small investors safe?
Market regulator SEBI on Friday night banned fourteen major private insurance companies, including SBI Life, ICICI Prudential and Tata AIG, from raising money from public for any Unit Linked Insurance Products (ULIP).
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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.
-
"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.
-
LIC's Debut Is Second-Worst Among 11 Companies That Listed This Year
State-run insurer Life Insurance Corporation of India slumped in its Mumbai trading debut after a record initial public offering that priced at the top of the range and was oversubscribed nearly three times.
-
Lexus India Launches 'Lexus Life' Ownership Programme; Enters Used Car Business With 'Lexus Pre-Owned'
Lexus India today announced the launch of 'Lexus Life', a special ownership program for its buyers in the country.
-
Centre Investing LIC Money In Loss-Making Firms: Priyanka Gandhi Vadra
Congress leader Priyanka Gandhi Vadra today alleged that the Modi government was "shattering" people's trust in LIC by investing the state-run insurance firm's money in loss-making companies.
-
Rs 15,167 Crore Unclaimed Money Lying With Life Insurance Companies
A staggering amount of Rs 15,167 crore amount belonging to policyholders is lying unclaimed with 23 life insurance companies, according to latest regulatory data.
-
ICICI Bank's New COO Sandeep Bakhshi Started Career At Bank In 1986
Sandeep Bakhshi has been the managing director and CEO of ICICI Prudential Life Insurance Company since August 1, 2010. During his tenure, ICICI Prudential Life Insurance has been a leading private life insurance company in the country, ICICI Bank said in a statement. Before this role, Mr Bakhshi was the deputy managing director of ICICI Bank. In t...
-
Long-Term Capital Gains Tax Not To Apply To ULIPs
A few days after Arun Jaitley on Thursday announced the re-introduction of long term capital gains on equity during the Budget speech, market indices have been consistently declining. However, the Budget has been positive for the insurance sector, claim experts. A report released by the Nomura says that the newly inducted capital gains tax will not...
-
LIC Settles Claims Of Uri Soldiers In Less Than A Week
In a show of solidarity towards soldiers killed in the Uri attack, LIC today said it has expeditiously settled the insurance claims on its own after obtaining necessary documents.
-
Paytm Partners Insurance Firms for Cashless Premium Payments
Insurance companies ICICI Prudential Life, Religare Health, Reliance Life, and Reliance General have partnered.
-
Bangladesh Offers 2 Special Economic Zones to Indian Companies
With an aim to boost bilateral trade, Bangladesh has offered to establish two Special Economic Zones (SEZ) for Indian companies besides allowing Life Insurance Corporation to start operations in the country.
-
Insurance firm ad 'kills' people on rail tracks
There is no need to drop your jaw if someone you know is alive and kicking has his epitaph engraved on - and this is unusual - the railway tracks before Sion. It's a new-age publicity device, apparently coupled with goodwill for the janta. In an initiative allegedly meant to raise awareness about the pitfalls - namely death and mutilation - of cros...
-
Big B bags one more endorsement deal
A life insurance company has signed up Amitabh Bachchan as its brand ambassador.
-
SEBI's ULIP ban: Are small investors safe?
Market regulator SEBI on Friday night banned fourteen major private insurance companies, including SBI Life, ICICI Prudential and Tata AIG, from raising money from public for any Unit Linked Insurance Products (ULIP).
