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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.

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 at LIC building in Kanpur

Last Updated: Thursday, July 03, 2014, 15:18

A massive fire broke out at the Life Insurance Corporation building in Kanpur, police said.

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

Dena Bank to raise Rs 366 cr from LIC, GIC in preferential issue

Last Updated: Tuesday, March 25, 2014, 14:14

Life insurance giant LIC will be putting in Rs 282 crore as part of the capital raising programme, while GIC will invest Rs 84 crore, the city-based lender said in a statement.

LIC hikes stake in BHEL to 15%

Last Updated: Wednesday, March 05, 2014, 21:22

During this period, LIC snapped 5.942 percent stake in the power equipment maker.

LIC buys 4.66% stake in BHEL for Rs 1,889 cr

Last Updated: Tuesday, March 04, 2014, 13:56

Life Insurance Corporation has bought shares worth Rs 1,889 crore, about 4.66 percent stake, in state-owned power equipment maker BHEL through an open market transaction.

LIC invests Rs 35,293 cr in 9-month of FY'14

Last Updated: Sunday, March 02, 2014, 12:03

Country's largest insurer Life Insurance Corporation (LIC) has invested Rs 32,293 crore in the stock market in the nine months of 2013-14 and will invest another Rs 2,000 crore during this month for picking 5 percent stake in power equipment manufacturer Bhel.

IOB to raise Rs 400 cr by selling shares to LIC

Last Updated: Monday, February 10, 2014, 17:00

State-owned Indian Overseas Bank today said it plans to raise Rs 400 crore by selling shares on preferential basis to Life Insurance Corporation.

LIC raises stake in IGL to 7.2%

Last Updated: Sunday, February 09, 2014, 12:11

Prior to this, the nation's largest life insurer held 7.13 million shares of IGL.

LIC outshines pvt insurers in 9-month premium collection

Last Updated: Sunday, February 02, 2014, 12:44

Although 23 private sector insurance companies taken together recorded a flat growth, Reliance Life, Max Life and MetLife bucked the trend by recording growth in new business premium.