Tag: LIC
17 Results
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IPO-bound LIC warns against misuse of its iconic logo
The 65-year-old LIC, which is soon going for its IPO, has warned stringent legal or civil action against any person found misusing its official logo, in a post on Friday.
June 12, 2021 -
LIC’s holding at all time low on profit booking
According to Haldea, retail holding (individuals with up to Rs 2 lakh shareholding) in companies listed on NSE remained the same at 6.90 per cent as on March 31, 2021.
May 30, 2021 -
LIC employees to get over 25% wage hike
The AIIEA had submitted a charter demanding 40 per cent wage hike. In the last wage agreement, the hike given was 25 per cent on average.
April 16, 2021 -
LIC felicitated by Governor of Maharashtra for work during Covid-19 pandemic
During the pandemic, LIC rendered exceptional services to its policyholders and the society as a whole.
March 7, 2021 -
LIC of India launches new plan – LIC’s Bima Jyoti
This plan provides guaranteed lump sum payment at maturity and financial support to the family in case of unfortunate death of the policyholder during the policy term.
February 22, 2021 -
LIC of India introduces online proposal deposit collection in ANANDA
This feature was launched at the hands of LIC Chairman MR Kumar in the presence of Managing Directors TC Suseel Kumar, Vipin Anand, Mukesh Gupta and Raj Kumar on 05.01.2021.
January 6, 2021 -
LIC sells 2 pc stake in ICICI Bank over a period of Nov 27-Dec 2
Following the stake sale, LIC's holding in the bank has reduced to 6.74 per cent from 8.74 per cent earlier.
December 29, 2020 -
LIC to launch special revival campaign for lapsed policies
Policies of specific eligible plans can be revived within five years from date of the first unpaid premium subject to certain terms and conditions.
August 10, 2020 -
Yes Bank shares trade over 4% after LIC hikes stake
In the last one year, share price of Yes Bank has fallen by 84.18 per cent and 72.67 per cent since the beginning of this year.
August 7, 2020 -
IDBI Bank shares rally 20 pc on robust Mar quarter earnings
At the BSE, it jumped 19.95 per cent to Rs 24.35 - its upper circuit limit.
June 1, 2020 -
IDBI Bank posts Rs 135 cr profit in Q4
The bank, majority owned by Life Insurance Corporation of India (LIC), had posted a net loss of Rs 4,918 crore in the corresponding period of last year.
May 30, 2020 -
Grace period for life insurance policies extended till May 31
IRDAI had on March 23 and April 4 announced an additional grace period of 30 days for policies where the premium was due in March and April.
May 10, 2020 -
LIC extends premium payment deadline to April 15 amid coronavirus crisis
Due to the increasing spread of novel coronavirus in the country, several states including the national capital have been put under lockdown.
March 23, 2020 -
Yes Bank & Beyond
Further, in case of bank failures, instead of trying to revive banks by putting in capital from PSUs like SBI or LIC, the Government should pay back depositors and send the bankrupt banks to NCLT. Depositors, who are innocent sufferers, should not lose their hard-earned money.
March 17, 2020 -
Left parties, central trade unions to hold agitation against LIC privatisation
Earlier, buoyed by the Delhi poll results, 17 Left parties launched a country-wide agitation against the Prime Minister Narendra Modi led government's divisive politics.
February 19, 2020 -
Mitra hits out at Centre over bid to privatize LIC
Taking aim at the Centre for its bid to privatise LIC, Mr Mitra said that an effort was being made to sell stakes in LIC.
February 18, 2020 -
A Crisis Unheeded
The Union budget offered another opportunity to carry the process forward, but it fell short on imagination and boldness. A crisis is not to be wasted, as the wisdom goes. We wasted the current economic crisis for lack of ideas. The reduction of direct tax rates to the exclusion of all exemptions and deductions was a long-overdue reform ~ though the six-slab system cannot really be called a simplification.
February 12, 2020