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Latest Articles in lic india

India Likely To Announce Sale Of IDBI Bank, Stake In LIC, Sources Say

Finance Minister Nirmala Sitharaman's plans to divest government control of large companies such as Air India and Bharat Petroleum Corp Ltd failed to make much headway in the current fiscal year because of the pandemic.

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Disinvestment Receipts Will Be Used To Develop Infrastructure For Country: FM Nirmala Sitharaman

The government set an ambitious disinvestment target of Rs 2.10 lakh crore for the next financial year, which includes selling its stake in BPCL and insurance behemoth Life Insurance Corporation of India (LIC).

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Delhi HC Dismisses Appeal Against LIC Move To Acquire 51% Stake In IDBI

LIC to pay back its policy holders since it will have to invest an amount of Rs 13,000 crores to acquire the 51 per cent stake

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Is The Recently Launched PMVVY A Go Or A No-Go?

In a financial world replete with fine prints and disclaimers, PMVVY surely scores in terms of simplicity: the retired (60-plus) annuitant commits a lump sum of money at the beginning of the plan, and starts receiving an “end of period” annual, bi-annual, quarterly or monthly income for the next 10 years.

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Lenders Including LIC Approve Rs 86,000 Cr Essar Oil Sale To Rosneft

Essar group has crossed the last hurdle to complete the sale of its Gujarat refinery to Russia's Rosneft, with the lenders, including LIC, giving the go-ahead to the deal

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Policy Buyer: Beware Of "Retire And Fun"

Be watchful of agents such as the one in question, who could be looking to confuse you further through the innovative mis-selling tactic of clubbing different policies together and lumping them into one tacky sounding product. Ask for the details of the constituent plans and for a proper, IRDAI approved benefit illustration for each of them

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Out Of The Comfort Zone

LIC India’s managing director Usha Sangwan believes that energy and positivity are key for success

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LIC's 'Not-So-Shiny' Diamond

Smart investors will be doing their personal finances a favour by giving this "not-so-shiny" diamond a wide berth! Fortunately, you won't have a choice after 31st August

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Economic Growth Can Help Deepen Insurance Coverage: Jaitley

The Finance Minister also says, his counterpart at the Health Ministry is working on a plan to offer a health cover of Rs 1 lakh to the poor who form one-third of the population

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LIC Buys 59 Per Cent Of NTPC Shares On Offer

The sale of NTPC shares was part of India's asset sales programme, which is crucial to contain the government's budget deficit

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