LIC

State-run insurance giant LIC has lowered its holdings in as many as 27 of the 50 blue-chip firms forming the market benchmark index Nifty, while selling shares worth an estimated…

Life Insurance Corporation (LIC) of India, country's largest insurance service provider, is not concerned about increased foreign direct investment (FDI) in insurance sector. LIC chairman D K Mehrotra said recently…

Axis Bank is all set to raise around Rs 6,000 crore through private placement of its equity shares to qualified institutional players (QIPs).

The race for the post of the chairman of Insurance Regulatory Development Authority (IRDA) may not be a done deal yet. The Central Vigilance Commission (CVC), it seems, is frowning at…

Life insurance has a sole motive of securing the financial goals of a family in case the bread earner fails to do so due to some unfortunate event. The life…

To tap the Indian diaspora, public sector general insurers are considering expanding their operations to other countries in the next financial year. Given the large number of Indians and Indian…

State-run Life Insurance Corporation has sold 2.12% stake in drug manufacturer Cipla through open market transactions over a period of nearly five months.

1)    Definition of Globalisation. LPG--Liberalisation, Privatisation & Globalisation World has become boundaryless. Mingling of cultures & customs of different regions.

Life Insurance Corporation (LIC) launched two new policies, including a unit linked insurance plan. Flexi Plus, a unit linked insurance product, not only provides a lump sum benefit on death but…

There is a difference of opinion between the chairman of the Insurance Regulatory and Development Authority (IRDA) and the finance ministry over the creation of a new post in the…