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LIC Ordered To Pay Rs 50 Lakh For Covid Policy Premium Payer's Family
A district-level consumer disputes commission in Kerala has ordered Life Insurance Corporation (LIC), India's largest insurer, to pay Rs 50 lakh in compensation to the family of a policy premium payer who succumbed to COVID-19, citing the insurer's t
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LIC Gets GST Demand Notice Of Rs 605.58 Crore
Life Insurance Corporation of India (LIC) on Thursday said tax authorities have slapped a demand notice of about Rs 605.58 crore on it for short payment of Goods and Services Tax (GST) for financial year 2019-20.
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LIC Gets GST Demand Notice Of Rs 178 Crore
Life Insurance Corporation of India (LIC) on Tuesday said tax authorities have slapped a demand notice of about Rs 178 crore on it for short payment of Goods and Services Tax (GST) for two financial years.
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GST Authority Imposes Rs 36,844 Fine On LIC
Life Insurance Corporation on Wednesday said the GST Authority has imposed a fine of Rs 36,844 on LIC for lower payment of taxes.
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Centre Announces Welfare Measures For LIC Agents, Employees
The Ministry of Finance on Monday approved a series of welfare measures for the benefit of Life Insurance Corporation of India (LIC) agents and employees according to a release from the Ministry.
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LIC Shares Climb Nearly 3% After Q1 Profit Jumps Manifold
Shares of Life Insurance Corporation of India (LIC) on Friday ended with nearly 3 per cent gains after the company reported a multi-fold jump in its April-June quarter net profit to Rs 9,544 crore.
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After Mega Merger Today, HDFC Bank Will Have Assets Of Rs 18 Lakh Crore
Housing finance major HDFC will merge with its subsidiary HDFC Bank on Saturday as their respective boards have cleared the proposal on Friday.
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Will Fast-Track Settlement Of Claims: LIC After 3-Train Crash In Odisha
India's Life Insurance Corporation (LIC) on Saturday announced many relaxations for the claim settlement process for the victims of the horrific three-train pile-up in Odisha's Balasore that killed over 270 people.
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Market Value Of LIC Investment In Adani Stocks Hits Rs 44,670 Crore
Market value of investments made by state-owned Life Insurance Corporation of India (LIC) in seven companies of the Adani group has swelled to Rs 44,670 crore as stock prices rose this week.
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Siddhartha Mohanty Appointed As LIC Chairman
The government has appointed Siddhartha Mohanty as chairman of Life Insurance Corporation of India till June 2024.
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LIC Front Running Case: SEBI Bans 5 Entities From Securities Market
Sebi on Thursday barred five entities, including an employee of Life Insurance Corporation of India (LIC), from the securities market and impounded illegal gains of Rs 2.44 crore made by them, in a case pertaining to front-running the trades of the state-owned insurer.
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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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LIC Sells 2% Stake In NMDC, Bags Over Rs 700 Crore
Life Insurance Corporation (LIC) on Wednesday said it has sold 2 per cent of its equity stake in state-owned NMDC, taking its total shareholding in the public sector unit to 11.69 per cent as of March 14.
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LIC Says It Has Exposure Of Rs 36,474.78 Crore To Adani Group
Life Insurance Corporation (LIC) on Monday said it has an exposure of Rs 36,474.78 crore to Adani group's debt and equity, and the amount is less than one per cent of the national insurer's total investments.
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BJP Using Money From LIC, Nationalised Banks To Benefit Some Leaders: Mamata Banerjee
West Bengal Chief Minister Mamata Banerjee on Thursday alleged that the BJP was using people's money deposited with the Life Insurance Corporation (LIC) and nationalised banks to benefit some of its party leaders.
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LIC Ordered To Pay Rs 50 Lakh For Covid Policy Premium Payer's Family
A district-level consumer disputes commission in Kerala has ordered Life Insurance Corporation (LIC), India's largest insurer, to pay Rs 50 lakh in compensation to the family of a policy premium payer who succumbed to COVID-19, citing the insurer's t
-
LIC Gets GST Demand Notice Of Rs 605.58 Crore
Life Insurance Corporation of India (LIC) on Thursday said tax authorities have slapped a demand notice of about Rs 605.58 crore on it for short payment of Goods and Services Tax (GST) for financial year 2019-20.
-
LIC Gets GST Demand Notice Of Rs 178 Crore
Life Insurance Corporation of India (LIC) on Tuesday said tax authorities have slapped a demand notice of about Rs 178 crore on it for short payment of Goods and Services Tax (GST) for two financial years.
-
GST Authority Imposes Rs 36,844 Fine On LIC
Life Insurance Corporation on Wednesday said the GST Authority has imposed a fine of Rs 36,844 on LIC for lower payment of taxes.
-
Centre Announces Welfare Measures For LIC Agents, Employees
The Ministry of Finance on Monday approved a series of welfare measures for the benefit of Life Insurance Corporation of India (LIC) agents and employees according to a release from the Ministry.
-
LIC Shares Climb Nearly 3% After Q1 Profit Jumps Manifold
Shares of Life Insurance Corporation of India (LIC) on Friday ended with nearly 3 per cent gains after the company reported a multi-fold jump in its April-June quarter net profit to Rs 9,544 crore.
-
After Mega Merger Today, HDFC Bank Will Have Assets Of Rs 18 Lakh Crore
Housing finance major HDFC will merge with its subsidiary HDFC Bank on Saturday as their respective boards have cleared the proposal on Friday.
-
Will Fast-Track Settlement Of Claims: LIC After 3-Train Crash In Odisha
India's Life Insurance Corporation (LIC) on Saturday announced many relaxations for the claim settlement process for the victims of the horrific three-train pile-up in Odisha's Balasore that killed over 270 people.
-
Market Value Of LIC Investment In Adani Stocks Hits Rs 44,670 Crore
Market value of investments made by state-owned Life Insurance Corporation of India (LIC) in seven companies of the Adani group has swelled to Rs 44,670 crore as stock prices rose this week.
-
Siddhartha Mohanty Appointed As LIC Chairman
The government has appointed Siddhartha Mohanty as chairman of Life Insurance Corporation of India till June 2024.
-
LIC Front Running Case: SEBI Bans 5 Entities From Securities Market
Sebi on Thursday barred five entities, including an employee of Life Insurance Corporation of India (LIC), from the securities market and impounded illegal gains of Rs 2.44 crore made by them, in a case pertaining to front-running the trades of the state-owned insurer.
-
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
-
LIC Sells 2% Stake In NMDC, Bags Over Rs 700 Crore
Life Insurance Corporation (LIC) on Wednesday said it has sold 2 per cent of its equity stake in state-owned NMDC, taking its total shareholding in the public sector unit to 11.69 per cent as of March 14.
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LIC Says It Has Exposure Of Rs 36,474.78 Crore To Adani Group
Life Insurance Corporation (LIC) on Monday said it has an exposure of Rs 36,474.78 crore to Adani group's debt and equity, and the amount is less than one per cent of the national insurer's total investments.
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BJP Using Money From LIC, Nationalised Banks To Benefit Some Leaders: Mamata Banerjee
West Bengal Chief Minister Mamata Banerjee on Thursday alleged that the BJP was using people's money deposited with the Life Insurance Corporation (LIC) and nationalised banks to benefit some of its party leaders.
