LIC Shares Tumble 9% as Government Launches ₹31,000-Crore Stake Sale...
India’s government just kicked off a huge sale of its LIC shares, aiming to raise ₹31,000 crore. They set the floor price at ₹382 per share, which sent LIC stock...
Tag: LIC
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LIC falls 6% in early trades as government looks to...
Mumbai: Shares of Life Insurance Corporation of India (LIC) dropped more than 6% in early trades on Tuesday, August 4, 2026, after the government’s Offer for Sale (OFS) to sell...
IDBI stake sale suspense intensifies as Fairfax and Emirates NBD...
Mumbai: In its latest divestment move, the government is in the last stage of choosing the appropriate bidder for IDBI Bank. Currently, the Central Government and the LIC hold more...
LIC Pays Nearly ₹5 Lakh Crore to Policyholders in FY26
New Delhi: One clear indicator of life insurance is the ability of the insurance company to pay claims and policy benefits when they are needed. Although there is significance in...
SEBI cracks down on Rajesh Exports, alleges ₹15.15 lakh crore...
New Delhi: The Securities and Exchange Board of India (SEBI) has given a harsh slap on the wrist to jeweller party Rajesh Exports and its Chairman and Managing Director, Rajesh...
LIC’s stock soars 75% in four months, know what’s really...
New Delhi: The surge in Life Insurance Corporation (LIC) of India’s share price over the past four months has garnered considerable attention. During this period, the stock has witnessed a...
25th Annual C D Deshmukh Memorial Seminar concludes in Pune
Pune: The National Insurance Academy (NIA) in Pune hosted the Silver Jubilee Celebrations of the Annual C D Deshmukh Memorial Seminar at the Prathap Oburai Convention Centre, Baner Pune, on...
LIC gets Rs 84 cr Penalty notice from income tax
New Delhi: The Income Tax Department asked for a Rs 84 crore penalty for three assessment years, according to a statement made on Tuesday by Life Insurance Corporation (LIC), and the Corporation...
LIC celebrates 67th Anniversary with outstanding performance
Chennai: LIC, India’s leading life Insurance company, is pleased to announce its remarkable 67th anniversary, symbolizing decades of trust, integrity and excellence in the Insurance industry. As we reflect on...
