Market valuation of 4 of top-10 most valued firms erode by Rs 1 lakh crore
The combined market valuation of four of the top-10 most valued firms eroded by Rs 1 lakh crore last week.
The combined market valuation of four of the top-10 most valued firms eroded by Rs 1 lakh crore last week.
In a report on India’s insurance sector, the global ratings agency said the industry is poised to benefit from sustained premium growth driven by robust economic momentum, rising digitisation, tax reforms and planned restructuring of the state-owned insurance sector.
LIC has sanctioned Rs 38,01,000 to Vivekananda Hospital & Research Institute from its golden jubilee foundation fund for ICU equipment and lift installation. The hospital provides free treatment to underprivileged cancer patients undergoing chemotherapy and thalassaemia patients.
LIC's net profit amounted to Rs 21,040 crore, marking a 16.36 per cent increase year-on-year (Y-o-Y), in the first six months of FY26 (H1FY26).
“LIC denies false reports by The Washington Post, reaffirming that all investments are made with integrity and due diligence,” the statement read.
The government has appointed Sat Pal Bhanoo, Managing Director of the Life Insurance Corporation of India (LIC), as the Chief Executive Officer and Managing Director (CEO & MD) of the Corporation for three months.
As per media reports, the LIC has fully subscribed to Adani Ports' Rs 5,000 crore NCD issue, supporting their strategy to replace short-term debt with longer-term, lower-cost options.
A man from Indore in Madhya Pradesh was shot dead, while his daughter was injured in the terrorist attack on tourists at Pahalgam in Kashmir on Tuesday.
The Life Insurance Corporation of India’s (LIC) potential acquisition of a 40-49 per cent stake in ManipalCigna Health Insurance could reshape the health insurance market, a JP Morgan
Life Insurance Corporation of India (LIC) is likely to announce the acquisition of a stake in a standalone health insurance company by the end of the current financial year, Siddhartha Mohanty
