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LIC launches pilot project with repositories for digitisation

LIC launches pilot project with repositories for digitisation

Last Updated: Friday, August 22, 2014, 19:47

The insurance behemoth LIC said here on Friday that it has launched a two-month pilot project in the city to digitise policies.

Tata Group is India's most valuable brand

Last Updated: Thursday, August 07, 2014, 13:55

The Tata Group has retained its place as the country's most valuable brand at USD 21 billion, while the total worth of top-100 Indian brands now stands at USD 92.6 billion, says a new study.

LIC may invest $9.8 bn in Indian equities in FY15

Last Updated: Wednesday, August 06, 2014, 12:51

Roy says LIC`s 2014-15 equity investments seen at 600 billion rupees ($9.79 billion).

United Bank raises Rs 300 cr by selling shares to LIC

Last Updated: Monday, July 28, 2014, 21:10

State-owned United Bank of India Monday said it has raised Rs 300 crore by selling shares on preferential basis to LIC.

Central Bank to sell 4% stake to LIC for Rs 581 cr

Last Updated: Sunday, July 27, 2014, 11:54

The government has earmarked only Rs 11,200 crore for fund infusion into public sector banks this current fiscal, down from Rs 14,000 crore last fiscal.

United Bank to raise Rs 300 cr by selling shares to LIC soon

Last Updated: Wednesday, July 23, 2014, 14:59

The bank proposes to issue 8.45 crore shares to LIC at a price of Rs 35.50 per share.

LIC hikes stake in Infosys; buys shares worth Rs 1,100 cr

Last Updated: Sunday, July 13, 2014, 19:11

State-owned life insurer LIC has shored up its stake in Infosys to 3.82 percent, purchasing shares worth about Rs 1,100 crore in the April-June quarter.

Fire in LIC office in West Bengal

Last Updated: Thursday, July 03, 2014, 12:04

The main branch of LIC in Malda caught fire and two fire engines brought the blaze under control after about three hours.

LIC hopes to retain market share of 82% this fiscal

Last Updated: Tuesday, June 10, 2014, 14:49

"We hope to retain the existing market share in the current financial year at 82 per cent," LIC Managing Director S B Mainak said.

LIC sells shares worth Rs 6,300 cr in Sensex cos

Last Updated: Thursday, April 24, 2014, 15:23

State-owned life insurer LIC lowered its exposure in 15 blue-chip firms during the January- March quarter with sale of shares that are currently worth over Rs 6,300 crore.

Largest bond sale of Rs 20,000 cr fully covered

Last Updated: Thursday, April 17, 2014, 20:23

The Reserve Bank on Thursday auctioned the highest ever quantum of government bonds worth Rs 20,000 crore which was fully subscribed on increased demand after over Rs 40,000 crore of redemption of a security and on value-buying.

LIC trims stake in Infosys to 3.25%; garners Rs 850 cr

Last Updated: Monday, April 14, 2014, 15:26

LIC, the biggest institutional investor in the stock market, held 3.71 percent stake in Infosys during the October-December quarter, which has fallen to 3.25 percent as of March 31, 2014