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BJP moves EC against LIC scheme aimed at 'helping' Nilekani

The Bharatiya Janata Party on Friday filed a complaint with the Election Commission against the LIC seeking a ban on its new scheme in Bangalore, alleging it is aimed at propagating the Aadhar card......

LIC trims holding in 15 Sensex firms

Booking profit in the recent stock market uptrend, state-run insurance giant LIC offloaded shares worth over $1 billion in half of the 30 Sensex companies, including in RIL and ICICI Bank, in last......

Govt likely to pick new LIC chief by next month

Government will soon start the selection process of new LIC chairman following the premature exit of the incumbent, S K Roy, and complete the whole exercise by the next month. The selection process......

How to stop exploiting life insurance users

It is the nature of insurance products, how they are sold and the government's lock on LIC for such patriotic duties as rescuing badly-planned share sales, notes Debashis Basu. On 24 August,......

LIC is the saviour again, buys 86% shares in IOC stake sale

State-owned Life Insurance Corporation of India, the country's largest investor, bought just under 86 per cent of shares sold by the government earlier this week in state-run refiner and fuel......

Why LIC is the big bull on Dalal Street

Image: LIC building at Nariman Point. Photograph: Danish Siddiqui/Reuters The top 10 insurance companies hold more than Rs 4.56 lakh crore (Rs 4.56 trillion) in Indian equities. Life Insurance......

Advance tax: SBI pays 23% more at Rs 1,794 cr

A clutch of financial institutions, including SBI, LIC and HDFC, have showed double digit growth in terms of advance tax payments for March quarter, say industry sources. Despite weak credit......
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Edelweiss

Edelweiss is bullish on LIC Housing Finance has recommended buy rating on the stock with a target price of Rs 550 in its research report dated June... ...

http://www.moneycontrol.com/news/recommendations/-buy-lic-housing-finance-targetrs-550-edelweiss_6915901.html
Future of mutual funds to be digital, direct

A few months ago, Value Research analysed different mutual fund companies on how much of a good deal it gives investors on direct plans of their... ...

http://economictimes.indiatimes.com/wealth/invest/future-of-mutual-funds-to-be-digital-direct/articleshow/52933903.cms
We are becoming wiser, says Nilesh Sathe, IRDA member

Nilesh Sathe, member, Insurance Regulatory & Development Authority (IRDA), has worn many hats in his long and distinguished career spanning 30... ...

http://www.freepressjournal.in/interviews/we-are-becoming-wiser-says-nilesh-sathe-irda-member/878796
Rupee sell-off may continue as investors rush to dollar safety

Rupee is expected to be in a bear grip as risk-averse foreign portfolio investors (FPI) may continue to sell their positions in the debt and equity... ...

http://www.dnaindia.com/money/report-rupee-sell-off-may-continue-as-investors-rush-to-dollar-safety-2228373
Mumbai University professor teaches computer skills to underprivileged

A Mumbai University (MU) professor has found a novel way to spend her summer vacations. For the last two years, she has been teaching computer... ...

http://www.dnaindia.com/mumbai/report-mumbai-university-professor-teaches-computer-skills-to-underprivileged-2228324

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