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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 Shares Climb Nearly 3% After Q1 Profit Jumps Manifold
Shares of Life Insurance Corporation of India (LIC) on Friday ended with nearly 3 per cent gains after the company reported a multi-fold jump in its April-June quarter net profit to Rs 9,544 crore.
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Market Value Of LIC Investment In Adani Stocks Hits Rs 44,670 Crore
Market value of investments made by state-owned Life Insurance Corporation of India (LIC) in seven companies of the Adani group has swelled to Rs 44,670 crore as stock prices rose this week.
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Centre Unlikely To Withdraw Tax Plan On High-Value Life Insurance: Report
The move, which will come into effect for policies issued from April 1, has rattled insurers, with top company executives meeting Finance Minister Nirmala Sitharaman and finance ministry officials to petition them to reconsider the proposal.
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Ministry Asks Banks To Cease From Using Unethical Practices To Sell Insurance Policies
The Department of Financial Services has received complaints that fraudulent and unethical practices are adopted by banks and life insurance companies for procuring policies from the bank customers.
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Stocks' Plunge Wipes Rs 2.3 Lakh Crore Off Top-10 Most Valued Firms
The deep plunge in India equity benchmarks eroded the market capitalisation (m-cap) of the top-10 most valued companies by nearly Rs 2.3 lakh crore last week, with the shares of Life Insurance Corporation (LIC) taking the biggest hit.
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What "LIC 2.0," Share Performance Bad To Worse: 5 Points
Life Insurance Corporation of India's (LIC) much-touted public offer, listing and the company's shares performance since its tepid debut has turned from bad to worse.
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LIC IPO Listing: LIC Shares Almost Flat, A Day After A Dud Debut: Developments
LIC IPO Listing: Life Insurance Corporation's (LIC) much-awaited initial public offering (IPO), India's biggest-ever listing, turned into a dull affair. The insurance company's shares were about 0.9% higher from their lacklustre debut close.
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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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LIC Leads Life Insurer's New Business Premium Growth Of 84% In April
Life insurance companies logged 84 per cent growth in their cumulative new business premium at Rs 17,940 crore in April 2022, primarily helped by LIC, IRDAI data showed.
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Ahead Of IPO, LIC Raises Over Rs 5,600 Crore From 123 Anchor Investors
Anchor investors are institutional investors who are allotted shares before an IPO opens but they have to hold their shares for a certain period after listing
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Employees To Get Discount On Subscribing LIC Shares. Details Here
LIC IPO: Life Insurance Corporation of India employees will get a discount on subscribing the company's shares under its initial public offer
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HDFC Life's March Quarter Profit Rises 12% To Rs 358 Crore
HDFC Life Insurance Company Ltd on Tuesday reported 12.4 per cent year-on-year rise in net profit at Rs 357.52 crore for quarter ended March 31, 2022
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HDFC Life Completes Acquisition Of Exide Life, Merger Soon
HDFC Life Insurance has completed the acquisition of Exide Life by allotting over 8.7 crore shares of the company to Exide Industries, the insurer said on Saturday.
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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 Shares Climb Nearly 3% After Q1 Profit Jumps Manifold
Shares of Life Insurance Corporation of India (LIC) on Friday ended with nearly 3 per cent gains after the company reported a multi-fold jump in its April-June quarter net profit to Rs 9,544 crore.
-
Market Value Of LIC Investment In Adani Stocks Hits Rs 44,670 Crore
Market value of investments made by state-owned Life Insurance Corporation of India (LIC) in seven companies of the Adani group has swelled to Rs 44,670 crore as stock prices rose this week.
-
Centre Unlikely To Withdraw Tax Plan On High-Value Life Insurance: Report
The move, which will come into effect for policies issued from April 1, has rattled insurers, with top company executives meeting Finance Minister Nirmala Sitharaman and finance ministry officials to petition them to reconsider the proposal.
-
Ministry Asks Banks To Cease From Using Unethical Practices To Sell Insurance Policies
The Department of Financial Services has received complaints that fraudulent and unethical practices are adopted by banks and life insurance companies for procuring policies from the bank customers.
-
Stocks' Plunge Wipes Rs 2.3 Lakh Crore Off Top-10 Most Valued Firms
The deep plunge in India equity benchmarks eroded the market capitalisation (m-cap) of the top-10 most valued companies by nearly Rs 2.3 lakh crore last week, with the shares of Life Insurance Corporation (LIC) taking the biggest hit.
-
What "LIC 2.0," Share Performance Bad To Worse: 5 Points
Life Insurance Corporation of India's (LIC) much-touted public offer, listing and the company's shares performance since its tepid debut has turned from bad to worse.
-
LIC IPO Listing: LIC Shares Almost Flat, A Day After A Dud Debut: Developments
LIC IPO Listing: Life Insurance Corporation's (LIC) much-awaited initial public offering (IPO), India's biggest-ever listing, turned into a dull affair. The insurance company's shares were about 0.9% higher from their lacklustre debut close.
-
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.
-
LIC Leads Life Insurer's New Business Premium Growth Of 84% In April
Life insurance companies logged 84 per cent growth in their cumulative new business premium at Rs 17,940 crore in April 2022, primarily helped by LIC, IRDAI data showed.
-
Ahead Of IPO, LIC Raises Over Rs 5,600 Crore From 123 Anchor Investors
Anchor investors are institutional investors who are allotted shares before an IPO opens but they have to hold their shares for a certain period after listing
-
Employees To Get Discount On Subscribing LIC Shares. Details Here
LIC IPO: Life Insurance Corporation of India employees will get a discount on subscribing the company's shares under its initial public offer
-
HDFC Life's March Quarter Profit Rises 12% To Rs 358 Crore
HDFC Life Insurance Company Ltd on Tuesday reported 12.4 per cent year-on-year rise in net profit at Rs 357.52 crore for quarter ended March 31, 2022
-
HDFC Life Completes Acquisition Of Exide Life, Merger Soon
HDFC Life Insurance has completed the acquisition of Exide Life by allotting over 8.7 crore shares of the company to Exide Industries, the insurer said on Saturday.
