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Tag: LIC

LIC ups stake in SBI to 9.49% via QIP route, buys over 6.1 crore shares worth Rs 5,000 crore
Posted in Business

LIC ups stake in SBI to 9.49% via QIP route, buys over 6.1 crore shares worth Rs 5,000 crore

Estimated read time 2 min read
Posted on July 21, 2025
by Joelgalvan

Life Insurance Corporation of India (LIC) has increased its stake in State Bank of India (SBI) from 9.21% to 9.49%…

Learn More Leave a Comment on LIC ups stake in SBI to 9.49% via QIP route, buys over 6.1 crore shares worth Rs 5,000 crore
Corporate actions this week: LIC, Hero Moto and 23 other stocks to set record dates for dividends
Posted in Business

Corporate actions this week: LIC, Hero Moto and 23 other stocks to set record dates for dividends

Estimated read time 2 min read
Posted on July 20, 2025
by Joelgalvan

India’s largest life insurer Life Insurance Corporation (LIC), two-wheeler major Hero MotoCorp and pharma stocks like Novartis, Zydus Lifesciences and…

Learn More Leave a Comment on Corporate actions this week: LIC, Hero Moto and 23 other stocks to set record dates for dividends
Who is R Doraiswamy, the new LIC MD and CEO appointed till 2028?
Posted in Business

Who is R Doraiswamy, the new LIC MD and CEO appointed till 2028?

Estimated read time 2 min read
Posted on July 14, 2025
by Joelgalvan

The Centre on Monday appointed R Doraiswamy as the new Managing Director and Chief Executive Officer of Life Insurance Corporation…

Learn More Leave a Comment on Who is R Doraiswamy, the new LIC MD and CEO appointed till 2028?
LIC Mutual Fund trims long-term bond holdings as rate-cut rally ends
Posted in Business

LIC Mutual Fund trims long-term bond holdings as rate-cut rally ends

Estimated read time 2 min read
Posted on June 26, 2025
by Joelgalvan

LIC Mutual Fund is lowering maturities across debt schemes and investing in up to five-year notes, as India’s rate cut-led…

Learn More Leave a Comment on LIC Mutual Fund trims long-term bond holdings as rate-cut rally ends
LIC Net Profit Q4: LIC Q4 results: Net profit jumps 38% on better margins, non-par biz
Posted in Business

LIC Net Profit Q4: LIC Q4 results: Net profit jumps 38% on better margins, non-par biz

Estimated read time 3 min read
Posted on May 28, 2025
by Joelgalvan

Mumbai: Life Insurance Corporation of India, the country’s second-largest government asset by market capitalisation, on Tuesday reported a 38% increase…

Learn More Leave a Comment on LIC Net Profit Q4: LIC Q4 results: Net profit jumps 38% on better margins, non-par biz
LIC declares Rs 12 final dividend after strong FY25 earnings, sets record date
Posted in Business

LIC declares Rs 12 final dividend after strong FY25 earnings, sets record date

Estimated read time 2 min read
Posted on May 27, 2025
by Joelgalvan

Life Insurance Corporation of India (LIC) has recommended a final dividend of Rs 12 per equity share for the financial…

Learn More Leave a Comment on LIC declares Rs 12 final dividend after strong FY25 earnings, sets record date
LIC Mutual Fund reintroduces five flagship equity schemes; details here
Posted in Business

LIC Mutual Fund reintroduces five flagship equity schemes; details here

Estimated read time 3 min read
Posted on May 14, 2025
by Joelgalvan

LIC Mutual Fund has reintroduced five of its flagship equity schemes, aiming to enhance its product offerings, attract new investors,…

Learn More Leave a Comment on LIC Mutual Fund reintroduces five flagship equity schemes; details here
LIC MF’s Sumit Bhatnagar bets on smart beta schemes as ETF inflows hit Rs 19,000 cr in April
Posted in Business

LIC MF’s Sumit Bhatnagar bets on smart beta schemes as ETF inflows hit Rs 19,000 cr in April

Estimated read time 5 min read
Posted on May 12, 2025
by Joelgalvan

Smart beta and factor–based ETFs that use investment factors such as value, momentum, or low volatility for index construction rather…

Learn More Leave a Comment on LIC MF’s Sumit Bhatnagar bets on smart beta schemes as ETF inflows hit Rs 19,000 cr in April
‘No special treatment from govt…’: LIC responds to USTR’s report on non-tariff barriers 
Posted in Business

‘No special treatment from govt…’: LIC responds to USTR’s report on non-tariff barriers 

Estimated read time 3 min read
Posted on April 4, 2025
by Joelgalvan

The Life Insurance Corporation of India (LIC) stated on Friday that it does not receive preferential treatment from the government…

Learn More Leave a Comment on ‘No special treatment from govt…’: LIC responds to USTR’s report on non-tariff barriers 
‘Will not have majority stake’: LIC to announce acquisition in health insurance firm by March 31, says CEO Mohanty
Posted in Business

‘Will not have majority stake’: LIC to announce acquisition in health insurance firm by March 31, says CEO Mohanty

Estimated read time 2 min read
Posted on March 18, 2025
by Joelgalvan

Life Insurance Corporation of India (LIC) is poised to make a significant entry into the health insurance sector, as discussions…

Learn More Leave a Comment on ‘Will not have majority stake’: LIC to announce acquisition in health insurance firm by March 31, says CEO Mohanty

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