Life Insurance Corporation
IDBI Bank employees oppose proposed take over by LIC
This is a clear move to privatise it, bypassing the assurance given to Parliament.
IDBI Bank says 'no discussion' on Rs 13,000-cr capital infusion by LIC
Industry and government sources have said that LIC is looking to enter the banking space.
Govt confident LIC-IDBI deal will conclude by September
Insurance regulator Irdai is expected to clear the deal in its June 29 board meeting with some conditions.
LIC may enter banking sector; eyes majority stake in IDBI Bank
The deal is expected to provide business synergies despite the lender's stressed balance sheet.
IDBI-LIC stake deal: Fin Min official says boards to take a call
There have been reports that having failed to get a buyer for its stake in IDBI Bank, the govt might ask LIC.
LIC sells off 2.03 per cent stake in Tata Global beverages
Life Insurance Corporation (LIC) has reduced its shareholding in FMCG firm Tata Global Beverages Ltd (TGBL) to 5.67 per cent.
ITC's crash forces LIC to lose Rs 7,000 crore
With a 16.29 per cent stake in ITC, life insurance giant is largest shareholder in cigarette maker.
Bonds to give Metro shot in arm
MMRDA plans to raise funds for Rs 80K crore projects via LIC bonds.
Bombay HC grants LIC time to reply to PIL filed by TMH
The court has allowed three other organisations to intervene in the petition and listed the matter for hearing after the vacation.
SRCC students to teach digital ‘fundas’ to common people
The financial literacy cell “Vittshala,” which was launched by finance minister Arun Jaitley, has now come into action.