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.
Condemning the public sector Life Insurance Corporation (LIC) for turning its widely used website into Hindi, Tamil Nadu Chief Minister MK Stalin on Tuesday (Nov 18) described it as linguistic tyranny and demanded its immediate rollback.
The Life Insurance Corporation of India (LIC) is expected to enter the health insurance industry in 2025 by acquiring a stake in a standalone health insurance entity, that could significantly boost the market share of country’s largest insurer, according to a report on Friday.
The Board of Directors of Life Insurance Corporation of India (LIC) has approved and adopted the standalone and consolidated financial results for the six months ending 30 September.
LIC's profit after tax fell to 76.21 billion rupees ($903.6 million) for the quarter ended September from 79.25 billion rupees a year earlier.
LIC Housing Finance Ltd on Monday reported 12 per cent increase in net profit at Rs 1,329 crore in Q2 FY25, from Rs 1,188 crore in the same period last year.
