Thu, Apr 18, 2024
Even accounting for consistent 3x company-level growth in non-par products, VNB margins on new business are likely to remain below that of private peers by FY30. Similarly, operating returnson EV will trail the private industry, even if it enhances dividend payouts in the medium term, the brokerage held.
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Mon, Apr 15, 2024
To borrow money against your life insurance, you must have a policy with cash value, which is often found in permanent life insurance policies. Term life insurance is ineffective in this situation since it has no monetary value. The reason you need adequate cash value in your life insurance is to utilise it as collateral for a loan.
Sun, Apr 07, 2024
Six companies from the top 10 pack took a Rs 78,127.48 crore hit to their market valuation with index major Reliance Industries accounting for the majority of the losses.
Mon, Mar 21, 2022
CCEA had in May last year given in-principle approval for strategic disinvestment and transfer of management control in IDBI Bank. The government and LIC together own more than 94 per cent equity of IDBI Bank. However, the exact quantum of stake dilution is yet to be decided
Sun, Mar 13, 2022
The government has time till May 12 to launch the initial public offering (IPO) of LIC without filing fresh papers with market regulator Sebi, an official said.
Fri, Mar 11, 2022
LIC had, on February 13, filed the draft red herring prospectus (DRHP) for LIC IPO.
Fri, Mar 04, 2022
LIC IPO: However, in the wake of the market volatility due to the Ukraine-Russia war, there might be a rethink on the timing of the LIC share sale.
Mon, Feb 28, 2022
A group of Ministers will be holding a discussion to decide the share price of the Life Insurance Corporation of India (LIC) public issue, which is set to hit the markets this month. The GoM will decide on the valuation of the share price and the estimated issue size. Zee Business's Anurag Shah reports.
So, how to check if your policy and PAN are linked and what is the PAN availability status in LIC Policy?
Sun, Feb 27, 2022
Abhishek Banerjee, CEO, Lotusdew said that there is a saying ‘buying to the roar of cannons and selling to the sound of trumpets". India outperformed the world during the conflict period.
The LIC policyholders must know that today, February 28, 2022 is the last date for linking LIC policies with PAN.
Sat, Feb 26, 2022
The Union Cabinet is likely to consider on Saturday a proposal seeking changes in the foreign direct investment (FDI) policy to facilitate disinvestment of the country's largest insurer LIC.
Wed, Feb 23, 2022
ICICI Bank, LIC Housing Finance, UTI Asset Management Company, and Care Ratings shares are brokerage house Centrum Broking's 'top picks' for the current quarter.
Employees and policy holders of the insurance behemoth would get a discount over the floor price.
Tue, Feb 22, 2022
Union Finance Minister Nirmala Sitharaman on Tuesday said that there was a buzz and interest on the public issue of the Life Insurance Corporation of India (LIC).
Mon, Feb 21, 2022
LIC has given advertisements in all newspapers regarding IPO announcing that Demat accounts will also be opened in Common Service Center.
Sun, Feb 20, 2022
Amendments to the surplus/profit distribution rules for IPO-bound LIC, which has already improved its margins by 700 bps to 9.9 per cent and will further rise to 20 per cent.
Life Insurance Corporation (LIC), the country's largest initial public offering (IPO) will be launched soon.
Sat, Feb 19, 2022
The government Saturday dismissed as "speculative" media reports related to LIC IPO data claiming that Covid-related deaths in 2021 could be much higher than those recorded officially.
Life Insurance Corporation of India (LIC), filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) on last Sunday with plans to divest 5% stake in LIC through primary offering.
Fri, Feb 18, 2022
LIC declined to comment. A finance ministry spokesperson did not immediately respond to a Reuters request seeking comment.
LIC India IPO: Life Insurance Corporation of India (LIC) has released an advertisement in newspapers regarding the Initial Public Offering (IPO) which is slated or a March launch. The advertisement says that people without demat accounts will now be able to open accounts at Common Service Center.
Thu, Feb 17, 2022
LIC IPO: The initial public offering (IPO) of over 31.6 crore shares or 5 per cent government stake is likely to hit the D-street in March.
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