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LIC hunts for a suitable health insurance partner, to pick up less than 50% stake

LIC hunts for a suitable health insurance partner, to pick up less than 50% stake

by AIP Online Bureau | Oct 3, 2024 | Health, Indian News, Life, Non-Life

Siddarth Mohanty, MD &CEO, LIC Siddartha Mohanty, MD &CEO, LIC, said, “Yes , we are now actively searching for an Indian health insurer where we can pick up a large stake but less than 50 per cent. We will not run the company on day- to- day basis but...
LIC hunts for a suitable health insurance partner, to pick up less than 50% stake

LIC to tap NRIs and PIOs through Gift City

by AIP Online Bureau | Sep 20, 2024 | Eco/Invest/Demography, Indian News, Life

Siddartha Mohanty, CEO & MD,LIC Siddartha Mohanty, CEO & MD,LIC, addressed a conference of its CEO’s & Heads of foreign units from UK, Singapore, Bahrain, Kenya, Fiji, Mauritius, Nepal, Sri Lanka & Bangladesh at GIFT city, Gandhinagar on Friday Gift...
LIC hunts for a suitable health insurance partner, to pick up less than 50% stake

Infosys to drive LIC’s digital transformation with NextGen platform

by AIP Online Bureau | Sep 16, 2024 | Indian News, Life, Technology

Siddhartha Mohanty, CEO and MD, LIC “It will not only enhance our operational capabilities but also enable us to cater to our vast customer, agent and employee base with newer, more personalised experiences. We are committed to leveraging the latest technologies...
LIC pays Rs 3662 cr dividend cheque to Sitharaman

LIC pays Rs 3662 cr dividend cheque to Sitharaman

by AIP Online Bureau | Aug 29, 2024 | Indian News, Life

(L toR) M P Tangirala, additional secretary, Department of of Financial Services, Siddhartha Mohanty, CEO & MD, LIC, Nirmala Sitharaman, Union Minister of Finance, M Jagannath, MD, LIC LIC also paid interim dividend of Rs. 2441.45 crores on 1st March 2024, thus...

LIC sells 2.09% in Hindustan Copper

by AIP Online Bureau | Aug 20, 2024 | Briefs, Eco/Invest/Demography, Life

Life Insurance Corporation of India (LIC) on Monday said it has sold a 2.09 per cent stake in state-owned Hindustan Copper for Rs 447 crore through an open market transaction. The insurance behemoth has sold a total of 2,01,62,682 shares, or 2.085 per cent stake, in...
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