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Boost for Tatas as LIC assures no snap exit from group cos

State insurance giant Life Insurance Corporation of India, likely the second biggest stake-owner in the Tata group, will not exit the group following the very public fallout between interim......

Mistry's tenure saw LIC cut stake in Tata firms

Insurer likely to support Ratan Tata; reduction in stake might have been profit booking. The State-owned insurer Life Corporation of India, a major investor in Tata group stocks, reduced its stake......

ICICI Pru to list on Thursday, first insurer to do so

ICICI Prudential Life Insurance, which recently concluded its Rs 6,057-crore IPO, will make its stock market debut on Thursday, becoming the first insurer to list. The company's public issue......

Irdai plans to make insurers' listing a must

General, life insurers with 8 & 10 yrs in biz, respectively, may have to list The Insurance Regulatory and Development Authority of India (Irdai) has proposed to ask some insurance companies to......

'Railways will petition regulator for fare changes'

'We have secured long-term funding of Rs 5 lakh crore (Rs 5 trillion) from Life Insurance Corporation from which we can draw at least Rs 30,000 crore (Rs 300 billion) annually.' 'We are trying to......
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To make Indian Railways work like a corporate

'You can never bring about a change if you only bring in outsiders. Consultants will never feel what changes are necessary and where.'Railway... ...

http://www.rediff.com/money/interview/to-make-indian-railways-work-like-a-corporate/20170529.htm
IDBI Bank crafts turnaround plan

IDBI Bank has announced that it has crafted a comprehensive turnaround strategy, which includes restricting corporate loan book growth, raising... ...

http://www.deccanherald.com/content/613570/idbi-bank-crafts-turnaround-plan.html
Himachal CM's LIC agent's bail plea to be heard on 29 May

Himachal Pradesh Chief Minister Virbhadra Singh's Life Insurance Corporation (LIC) agent Anand Chauhan's bail plea will be heard by a trial court... ...

http://www.catchnews.com/national-news/himachal-cm-s-lic-agent-s-bail-plea-to-be-heard-on-29-may-62570.html
Financial sector readies for IPO rush worth over Rs 20,000 cr

State-owned general insurer New India Assurance and reinsurance firm General Insurance Corporation of India (GIC Re), as also HDFC Life are among... ...

http://www.dnaindia.com/business/report-financial-sector-readies-for-ipo-rush-worth-over-rs-20000-cr-2449343
Bank inks MoU with LIC

The city-based private sector Karnataka Bank has entered into a MOU with LIC for selling life insurance products of the latter. Karnataka Bank and... ...

http://www.business-standard.com/article/pti-stories/bank-inks-mou-with-lic-117052301035_1.html

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