Page 18 - Lic

Demonetisation: LIC extends grace period for premium payment

Renewal premium of policies, where grace period ends between November 9 and 30, can now be paid without penal interest if payment is made before November 30

Value of LIC's holding rises 4% in Sept quarter

Though the rise in valuation was in line with the rise in the benchmark indices, LIC has underperformed the broader market

Govt's disinvestment lifeline: LIC of India

State-run insurer has been the biggest subscriber of all three government stake sales this financial year

LIC buys over 50% of NBCC shares, invests Rs 1,200 cr

LIC's stake in the state-run construction firm has gone up to 8.11% following its participation in NBCC

LIC loses 20% agents in six years

The number of active LIC agents as on March 31, 2016, was 1,018,039 against 1,081,495 on a year-on-year basis

LIC turns white knight for PSB capital infusion

UCO Bank said that it would sell 71.7 million shares to LIC on a preferential basis, which could fetch about Rs 270 crore to the bank

LIC unveils new money-back plan to mark diamond jubilee

Plan is available for sale until August 31, 2017

V K Sharma gets additional charge as LIC chairman

Few months ago, current chairman S K Roy had written to the government to relieve him of his duties; reason remains unknown

Investment tracker

The Life Insurance Corporation of India (LIC) has seen a big rise in its infrastructure and social sector investments in the past three years

LIC IPO: An idea whose time has not come

More than the regulatory changes the government will have to overcome, it will need to consider LIC's returns and valuation

LIC would be most valuable company in India, if listed: FM

LIC handed over a dividend of Rs 2,501.76 crore to the government for 2015-16

LIC eyes Rs 5,000 crore from current financial year

LIC had 100% growth till August said Zonal manager of LIC K S Nagnyal

LIC Nagpur division settles claims of Rs 58 crore in FY17

The life insurance behemoth is celebrating its diamond jubilee this year

LIC to fill posts for 2 MDs, still to name its chairman

Government had cancelled the post of the fourth MD, the move came even after it interviewed five EDs for the same a year ago

Govt searching for next LIC chief

Roy had written to the government to relieve him of his duties from June itself, for personal reasons

LIC signs up Axis Bank as bancassurance partner

In preliminary phase, bank will distribute LIC's life insurance products across its branches

Suuti stake: LIC faces investment cap hurdle

The insurer has hit the 15% equity ceiling in L&T, ITC & Axis Bank

Govt likely to pick new LIC chief by July

Selection process will begin after acceptance of Roy's resignation by the Appointments Committee of the Cabinet headed by the Prime Minister Narendra Modi

LIC chairman S K Roy resigns two years before his term ends

He took charge as chairman of the country's largest insurer on June 29, 2013, had a 5-year term

LIC chairman resigns two years before his term ends

Approval of his request for being relieved of his duties will be subject to consent of the Cabinet Committee on Appointments