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LIC gets board's nod to buy majority stake in IDBI Bank

The next step for the Life Insurance Corporation of India is to approach market regulator Sebi, as the bank, which is also state-owned, is a listed entity. The LIC board on Monday gave approval to......

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......

A second attempt for India's first private insurer

HDFC Life has a balance between traditional policies and Ulips HDFC Life Insurance could soon become the first private sector insurance company to be listed on the stock exchanges. Among the top......

Health Insurance TPA of India to be launched soon

The Health Insurance Third Party Administrator of India Ltd, which has been set up by public sector non-life insurance companies, to manage their health claims is all set to go live. Once......

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LIC increases stake in Hindalco to 10.39%

Shares of Hindalco may remain in focus as Life Insurance Corporation of India (LIC) has increased its stake in the company. In a notice to... ...

https://www.thehindubusinessline.com/markets/stock-markets/lic-increases-stake-in-hindalco-to-1039/article29157517.ece

Bharti Enterprises appoints Rajesh Sud as Managing Director-Financial Services

Sud will lead Bharti-AXA General Insurance and Bharti-AXA Life Insurance and will also be on the Board of Airtel Payments Bank. ...

https://www.thehindubusinessline.com/companies/bharti-enterprises-appoints-rajesh-sud-as-managing-director-financial-services/article29048051.ece

YES Bank, Coffee Day, DHFL, IB Housing and Hindalco

Uco Bank has approached the Life Insurance Corporation of India (LIC) to acquire up to 15 per cent stake in it. ETMarkets.com | Aug 09, 2019, 07.42... ...

https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-the-news-yes-bank-coffee-day-dhfl-ib-housing-and-hindalco/articleshow/70597466.cms

Telangana govt extends Rythu Bima for one year

The Telangana government has extended Rythu Bima, a life insurance scheme for farmers, for one more year. It will pay Life Insurance Corporation (LI ...

https://www.thehindubusinessline.com/news/national/telangana-govt-extends-rythu-bima-for-one-year/article28916743.ece

LIC launches new term insurance plan 'Jeevan Amar'

Life Insurance Corporation (LIC) of India has launched a new term insurance plan called 'Jeevan Amar'. It is a non-linked, non-participating, life... ...

https://timesofindia.indiatimes.com/business/india-business/lic-launches-new-term-insurance-plan-jeevan-amar/articleshow/70554039.cms

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