LIC shares

NEW DELHI: Setting the stage for commencing the sale of government and LIC shares in IDBI Bank, RBIis willing to relax the cap on maximum shareholding, provided they submit a plan for phased reduction of equity. The banking regulator…

The recently-listed or on Friday said its June quarter consolidated net profit surged multi-fold to Rs 603 crore from Rs 24.3 crore in the corresponding quarter of the last fiscal year. LIC's net premium income also improved to Rs…

Life Insurance Corporation on Monday said it has reduced shareholding in Sun Pharmaceuticals by selling 2 per cent stake in the company for about Rs 3,882 crore. The shares were sold through open market transactions during the period…

New Delhi: Nine of the 10 most valued firms added Rs 2.98 lakh crore to their market valuation last week amid a bullish trend in equities, with and emerging as lead gainers. Last week, the 30-share BSE benchmark jumped 2,311.45 points…

New Delhi: LIC on Tuesday said it has offloaded its stake in heavy electrical equipment maker and rating firm for over Rs 1,983 crore. Corporation's shareholding in has diluted from 25,623,599 to 18,412,652 equity shares, decreasing…

MUMBAI: Life Insurance Corporation of India (LIC) on Thursday said its embedded value stood at Rs 5,41,492 crore at the end of March this year compared to Rs 95,605 crore in the year-ago period. At the end of September 2021, the Indian…