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Fire Breaks Out At Chennai's Iconic LIC Building, Doused Within Minutes
The building, which serves as the southern headquarters of the Life Insurance Corporation of India, was the first skyscraper to be built in India
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Fire Breaks Out In LIC Building In Mumbai; No Casualties Reported
A fire broke out in a Life Insurance Corporation of India (LIC) office building in the Santacruz area of Mumbai on Saturday morning.
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LIC Staff Union To Hold Walk-Out Strike To Protest Against Share Sale
Listing of LIC is against national interest as over the years it has been playing a pivotal role in nation building activities, LIC's union said.
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IL&FS Crisis: Revival Plan Could Include Stake Sales, Says Government Official
The official, who declined to be named, ruled out any budgetary support for IL&FS, an infrastructure financing and building company, which has 348 businesses and debts of Rs 91,000 crore ($12.39 billion).
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Fire At High-Rise LIC Building In Kolkata, None Hurt
A fire broke out on the 10th floor of a high-rise building in the central part of the city's business area tonight, police said.
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Massive Fire In 19-Storey Building In Kolkata, No Casualties Reported
A massive fire broke out around 10 am on the 16th floor of the LIC building on Jawaharlal Nehru Road in central Kolkata. The floor housed the server room of the State Bank of India's (SBI) global market office. The chief general manager (Kolkata circle) of SBI, PP Sengupta, said there was no news of anyone getting stuck on the floor.
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LIC Buys 0.18% Stake in Axis Bank for Rs 243 Crore
Building up its stake in Axis Bank, Life Insurance Corporation (LIC) has bought over 43 lakh shares, or a 0.18 per cent stake, in the private sector lender for about Rs 243 crore.
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Glenmark, LIC Housing Finance, NBCC in Focus Today
The Nifty opened lower on Thursday tracking global cues. Sentiment is likely to be positive today as foreign investors were net buyers of Indian equities to the tune of Rs 481 crore on Wednesday. However domestic investors were net sellers to the tune of Rs 31 crore in cash market.
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LIC pumps in Rs 2,000 crore to government's record disinvestment kitty
In the current fiscal, the government has sold shares in eight public sector companies -- NBCC, HCL, NTPC, RCF, Nalco, Oil India, NMDC and SAIL -- as part of its disinvestment programme for the current fiscal ending on March 31.
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NBCC fixes IPO price band at Rs 90-106/share
National Buildings Construction Corporation has fixed a price band of Rs 90-106 for its intial share sale
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Future auction issues to be restricted to single exchange, says divestment ministry official
The additional secretary said that having the auction on both exchanges had added to the confusion, adding that LIC had invested expecting a handsome dividend pay-out in the long run.
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LIC to build realty projects across India
The government on Friday said direct tax collection has surpassed the budget estimate of Rs 3.70 lakh crore for the 2010 fiscal.
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Fire Breaks Out At Chennai's Iconic LIC Building, Doused Within Minutes
The building, which serves as the southern headquarters of the Life Insurance Corporation of India, was the first skyscraper to be built in India
-
Fire Breaks Out In LIC Building In Mumbai; No Casualties Reported
A fire broke out in a Life Insurance Corporation of India (LIC) office building in the Santacruz area of Mumbai on Saturday morning.
-
LIC Staff Union To Hold Walk-Out Strike To Protest Against Share Sale
Listing of LIC is against national interest as over the years it has been playing a pivotal role in nation building activities, LIC's union said.
-
IL&FS Crisis: Revival Plan Could Include Stake Sales, Says Government Official
The official, who declined to be named, ruled out any budgetary support for IL&FS, an infrastructure financing and building company, which has 348 businesses and debts of Rs 91,000 crore ($12.39 billion).
-
Fire At High-Rise LIC Building In Kolkata, None Hurt
A fire broke out on the 10th floor of a high-rise building in the central part of the city's business area tonight, police said.
-
Massive Fire In 19-Storey Building In Kolkata, No Casualties Reported
A massive fire broke out around 10 am on the 16th floor of the LIC building on Jawaharlal Nehru Road in central Kolkata. The floor housed the server room of the State Bank of India's (SBI) global market office. The chief general manager (Kolkata circle) of SBI, PP Sengupta, said there was no news of anyone getting stuck on the floor.
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LIC Buys 0.18% Stake in Axis Bank for Rs 243 Crore
Building up its stake in Axis Bank, Life Insurance Corporation (LIC) has bought over 43 lakh shares, or a 0.18 per cent stake, in the private sector lender for about Rs 243 crore.
-
Glenmark, LIC Housing Finance, NBCC in Focus Today
The Nifty opened lower on Thursday tracking global cues. Sentiment is likely to be positive today as foreign investors were net buyers of Indian equities to the tune of Rs 481 crore on Wednesday. However domestic investors were net sellers to the tune of Rs 31 crore in cash market.
-
LIC pumps in Rs 2,000 crore to government's record disinvestment kitty
In the current fiscal, the government has sold shares in eight public sector companies -- NBCC, HCL, NTPC, RCF, Nalco, Oil India, NMDC and SAIL -- as part of its disinvestment programme for the current fiscal ending on March 31.
-
NBCC fixes IPO price band at Rs 90-106/share
National Buildings Construction Corporation has fixed a price band of Rs 90-106 for its intial share sale
-
Future auction issues to be restricted to single exchange, says divestment ministry official
The additional secretary said that having the auction on both exchanges had added to the confusion, adding that LIC had invested expecting a handsome dividend pay-out in the long run.
-
LIC to build realty projects across India
The government on Friday said direct tax collection has surpassed the budget estimate of Rs 3.70 lakh crore for the 2010 fiscal.
