LIC News


LIC raises stake in IDFC First Bank to 2.68% at ₹80.63/share via private placement offer

LIC raised its stake in IDFC First Bank to 2.68% at ₹80.63 per share via a private placement offer (PPO). The public insurer raised its stake to 20.02 crore shares from 1.42 crore shares on a preferential basis.

1 min read4 Jul 2024

Exiting your insurance? This expert suggests selling instead of surrendering

As the founder-director of Aceso Endowment Services, Ketan Mehta has set up a trust structure to facilitate the saleof insurance policies

4 min read21 Jun 2024

Data recap: MSP hike, LIC property sale, IPO boom

News and developments from the week gone by, through numbers and charts.

3 min read21 Jun 2024

Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying RIL, and LIC today

Top Stock Recommendations: Dharmesh Shah of ICICI Securities has recommended two stocks to buy this week - Reliance Industries Ltd (RIL), and Life Insurance Corporation (LIC).

3 min read18 Jun 2024

LIC mega sale: Insurer to sell land, buildings to raise up to $7 billion

Some of LIC’s premium assets include the Jeevan Bharti building in Delhi’s Connaught Place; LIC building in Chittaranjan Avenue in Kolkata; and buildings housing the Asiatic Society and Akbarally’s in Mumbai. An LIC executive said the actual value may be five times their current valuation.

4 min read18 Jun 2024

LIC looks to buy a standalone private health insurer

The state-run insurance behemoth is planning to foray into health cover business with a readymade customer base, preferring to take over a player that has digital capabilities. LIC intends to leverage its network in the country to grow the planned health insurance business

4 min read14 Jun 2024

LIC stock is available at a discount. So why aren’t investors piling in?

LIC has a market-capitalisation-to-embedded-value of just 0.9 as against 2 to 2.6 for HDFC Life Insurance, ICICI Prudential Life Insurance, and SBI Life Insurance. While there is scope for the valuation discount to narrow, the process could be gradual at best.

3 min read28 May 2024

LIC sells fewer policies but records higher net profit of ₹40,676 crore in FY24

LIC maintains its dominant position in the Indian life insurance sector, boasting an impressive 58.87% share of the First Year Premium Income (FYPI).

4 min read27 May 2024

LIC Housing Finance Q4 Results Live : profit falls by 9.13% YOY

LIC Housing Finance Q4 Results Live : Revenue increased by 8.57% YoY & profit decreased by 9.13% YoY

1 min read16 May 2024

Top Stock Recommendations: Sagar Doshi of Nuvama recommends Havells, Deepak Nitrite, LIC Housing and APL Apollo today

Top Stock Recommendations: Sagar Doshi of Nuvama Professional Clients Group recommends buying these three stocks today - Havells India Ltd, Deepak Nitrite Ltd, LIC Housing Finance Ltd, and APL Apollo Tubes Ltd.

3 min read24 Apr 2024
Load More

Popular Topics


The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

25 Articles

Tata Steel

Tata Steel shares fell by -2.58% at closing today.

8 Articles
HomeMarketsPremiumInstant LoanBudget