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Government To Sell 6.5% Stake In LIC For Over Rs 30,000 Crore
If fully subscribed, the sale of over 82.22 crore shares or a 6.5 per cent stake at the given floor price will fetch about Rs 31,000 crore to the disinvestment kitty.
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When To Surrender Your LIC Policy? From Tenure To Tax Implications — Five Key Factors To Consider
Surrendering the policy could be a suitable choice if one needs to discontinue to coverage. This means one voluntarily cancels the policy before maturity and receives the surrender value, if any.
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LIC IPO: Here's How You Can Check Allotment Status
The tentative date for the announcement of share allotment is May 12, 2022
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LIC Jeevan Akshay-VI: Pensions, Premium, Benefits And Other Details Here
Life Insurance Corporation of India (LIC), the country's largest life insurance company is offering pension plans apart from term insurance and endowment insurance plans being offered by the LIC. LIC's Jeevan Akshay-VI is one of the pension plans among others like LIC Jeevan Shanti plan being offered by the LIC.
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LIC Press Conference Highlights: LIC IPO Opens On May 4, Price Band Rs 902-949
The LIC public issue offer with the long-awaited initial public offering (IPO) to open on May 2 for anchor investors and from May 4 to May 9 for the general public, the insurance behemoth confirmed on Wednesday at its press conference.
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All You Need To Know About LIC Pradhan Mantri Vaya Vandana Yojana
Life Insurance Corporation of India (LIC), the country's largest life insurance company, apart from insurance products also offers pension plans for senior citizens. LIC's Pradhan Mantri Vaya Vandana Yojana among other annuity or pension plans like LIC Jeevan Shanti and LIC Jeevan Akshay 6 is one of their pension plans offering for senior citizens....
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Government May Sell IDBI Bank Stake To Life Insurance Corporation: Sources
The government, the largest shareholder in IDBI Bank with 81% stake, may make around Rs 10,000-11,000 crore by selling up to 43%, sources say.
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LIC Launches 2 New Term Assurance Plans
Life Insurance Corporation (LIC) launched two new products -- New Jeevan Amar and Tech Term -- today. Both are term assurance plans.
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Centre Seeks Private Sector Chief To Head LIC: Report
LIC: A private sector appointee to lead India's largest insurer, which manages 41 trillion rupees ($500.69 billion) in assets, would be a first in its 66-year history.
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LIC To Take Legal Action Against Misuse Of Its Logo On Social Media Platforms: Report
In its caution notice, LIC has also asked the public not to fall prey to proposals of entities which are misusing its logo on social media platforms
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People Now Prefer Short Term Insurance Plan, Says LIC Official
Speaking at the launch of LIC's new insurance plan, Mr Kumar said that people still see insurance as an investment rather than security for their family.
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J&K Floods: LIC Eases Claim Settlement Rules
Life Insurance Corporation (LIC) has relaxed claim settlement procedure for those affected in the Jammu and Kashmir floods and a special help desk has been set up for expeditious claim processing.
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Bullish on Banks, IT Stocks, Says LIC Chairman
LIC, India's biggest institutional investor, is also positive on the capital goods sector, Roy told Reuters in an interview at his spacious office in Mumbai.
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J&K Floods to Have 'Minimal' Impact on LIC: Chairman
Life Insurance Corporation (LIC), which has nearly 13 lakh customers in the flood-ravaged Jammu & Kashmir, has said the financial impact of the massive tragedy would be "very minimal" on the company.
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LIC Gets Rs 11,500 Crore in Income Tax Refunds, Policy Holders to Benefit: Report
Life Insurance Corporation (LIC) has received more than Rs 11,500 crore in income tax refunds and a big chunk of the amount would be passed on to policyholders, an official said.
-
Government To Sell 6.5% Stake In LIC For Over Rs 30,000 Crore
If fully subscribed, the sale of over 82.22 crore shares or a 6.5 per cent stake at the given floor price will fetch about Rs 31,000 crore to the disinvestment kitty.
-
When To Surrender Your LIC Policy? From Tenure To Tax Implications — Five Key Factors To Consider
Surrendering the policy could be a suitable choice if one needs to discontinue to coverage. This means one voluntarily cancels the policy before maturity and receives the surrender value, if any.
-
LIC IPO: Here's How You Can Check Allotment Status
The tentative date for the announcement of share allotment is May 12, 2022
-
LIC Jeevan Akshay-VI: Pensions, Premium, Benefits And Other Details Here
Life Insurance Corporation of India (LIC), the country's largest life insurance company is offering pension plans apart from term insurance and endowment insurance plans being offered by the LIC. LIC's Jeevan Akshay-VI is one of the pension plans among others like LIC Jeevan Shanti plan being offered by the LIC.
-
LIC Press Conference Highlights: LIC IPO Opens On May 4, Price Band Rs 902-949
The LIC public issue offer with the long-awaited initial public offering (IPO) to open on May 2 for anchor investors and from May 4 to May 9 for the general public, the insurance behemoth confirmed on Wednesday at its press conference.
-
All You Need To Know About LIC Pradhan Mantri Vaya Vandana Yojana
Life Insurance Corporation of India (LIC), the country's largest life insurance company, apart from insurance products also offers pension plans for senior citizens. LIC's Pradhan Mantri Vaya Vandana Yojana among other annuity or pension plans like LIC Jeevan Shanti and LIC Jeevan Akshay 6 is one of their pension plans offering for senior citizens....
-
Government May Sell IDBI Bank Stake To Life Insurance Corporation: Sources
The government, the largest shareholder in IDBI Bank with 81% stake, may make around Rs 10,000-11,000 crore by selling up to 43%, sources say.
-
LIC Launches 2 New Term Assurance Plans
Life Insurance Corporation (LIC) launched two new products -- New Jeevan Amar and Tech Term -- today. Both are term assurance plans.
-
Centre Seeks Private Sector Chief To Head LIC: Report
LIC: A private sector appointee to lead India's largest insurer, which manages 41 trillion rupees ($500.69 billion) in assets, would be a first in its 66-year history.
-
LIC To Take Legal Action Against Misuse Of Its Logo On Social Media Platforms: Report
In its caution notice, LIC has also asked the public not to fall prey to proposals of entities which are misusing its logo on social media platforms
-
People Now Prefer Short Term Insurance Plan, Says LIC Official
Speaking at the launch of LIC's new insurance plan, Mr Kumar said that people still see insurance as an investment rather than security for their family.
-
J&K Floods: LIC Eases Claim Settlement Rules
Life Insurance Corporation (LIC) has relaxed claim settlement procedure for those affected in the Jammu and Kashmir floods and a special help desk has been set up for expeditious claim processing.
-
Bullish on Banks, IT Stocks, Says LIC Chairman
LIC, India's biggest institutional investor, is also positive on the capital goods sector, Roy told Reuters in an interview at his spacious office in Mumbai.
-
J&K Floods to Have 'Minimal' Impact on LIC: Chairman
Life Insurance Corporation (LIC), which has nearly 13 lakh customers in the flood-ravaged Jammu & Kashmir, has said the financial impact of the massive tragedy would be "very minimal" on the company.
-
LIC Gets Rs 11,500 Crore in Income Tax Refunds, Policy Holders to Benefit: Report
Life Insurance Corporation (LIC) has received more than Rs 11,500 crore in income tax refunds and a big chunk of the amount would be passed on to policyholders, an official said.
