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News
LIC Chairman
LIC Chairman News
LIC
28 Apr 2023
Government Appoints Siddhartha Mohanty As New LIC Chairman
Mohanty has been appointed as head of LIC till June 7, 2025, when he attains the age of 62 years.
LIC Chairman
30 Jan 2022
Govt extends tenure of IPO-bound LIC's chairman for 1 year
With the extension, M R Kumar will continue as chairman of LIC till March 2023, the sources said. The overall income from investments grew Rs 15,726 crore to Rs 1.49 lakh crore in H1FY22. This is the second extension for the LIC chairman.
LIC
14 Dec 2016
V K Sharma appointed Chairman of LIC for five years: Government
Acting chairman of Life Insurance Corporation V K Sharma was on Wednesday appointed as the Chairman of the insurer for a term of five years.
LIC
28 Aug 2016
LIC to fill posts for 2 MDs; yet to name chairman
State-owned life insurer LIC, which is yet to name a chairman after the incumbent SK Roy in June announced surprise retirement two years ahead of his tenure, is looking at selecting two MDs for which eight EDs have been called for interviews.
LIC
23 Jun 2016
LIC chairman S K Roy resigns two years before his term ends
State-run life insurance behemoth LIC Chairman S K Roy, appointed by previous UPA government, has resigned nearly two years ahead of completion of his five-year term.
Life insurance
25 Mar 2015
LIC keen on 40-year govt bonds
Life insurance major LIC on Wednesday said it is keen on buying 40-year bonds which the government is set to issue this year.
LIC
12 Jan 2015
LIC will consider all investment options
Ahead of major disinvestments expected in the comping days, country's largest investor LIC Monday said it will consider all investment offers that come its way and take advantage of opportunities.
LIC
16 Dec 2014
LIC transfers Rs 1,644-crore surplus to Govt
LIC generated a total surplus at Rs 32,685.21 crore during FY14, up 13.8 percent from Rs 28,727.64 crore in the previous fiscal.
India's markets
18 Sep 2014
LIC chairman bullish on outlook for India's markets
LIC chairman said he expected growth of 12 percent in insurance premiums this fiscal year, in line with 13.4 percent last year.
Life Insurance Corporation
06 Aug 2014
LIC may invest $9.8 bn in Indian equities in FY15
Roy says LIC`s 2014-15 equity investments seen at 600 billion rupees ($9.79 billion).
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