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LIC leads $703mn NSE anchor book

LIC leads $703mn NSE anchor book

by AIP Online Bureau | Sep 16, 2026 | Eco/Invest/Demography, Indian News, Life, Pension & Social Security, Wealth Management/ Philanthropy

LIC, NSE’s largest shareholder, emerged as the biggest anchor investor, acquiring 2.24 million shares valued at ₹400.3 crore. Societe Generale’s offshore derivative instrument desk picked up 1.77 million shares worth ₹316 crore, while Norway’s Government Pension Fund...

LIC launches 2 New Plans: Bima Platinum and Jeevan Raksha

by AIP Online Bureau | Sep 2, 2026 | Briefs, Life

On the occasion of 70th anniversary of Life Insurance Corporation, R. Doraiswamy, the CEO & MD,LIC, launched two new plans- Bima Platinum (Plan 770) andJeevan Raksha (Plan 894). LIC’s Bima Platinum is a Non-Par, Non-Linked, Individual Plan which offers an...
LIC at 70: Seven Decades of Trust, Protection and Progress

LIC at 70: Seven Decades of Trust, Protection and Progress

by AIP Online Bureau | Sep 1, 2026 | Articles, Eco/Invest/Demography, Life, Technology, Wealth Management/ Philanthropy

As LIC enters its eighth decade, it stands at the intersection of tradition and transformation. Armed with a robust digital infrastructure, a diversified product suite, unmatched financial might, a strong army of dedicated agents, distribution partners, employees and...
Govt achieves 78% of FY27 divestment, asset monetisation Budget target in Apr-Aug

Govt achieves 78% of FY27 divestment, asset monetisation Budget target in Apr-Aug

by AIP Online Bureau | Aug 28, 2026 | Eco/Invest/Demography, Indian News, Policy

A strategic sale in IDBI Bank is on the table. After a failed attempt earlier this year to sell it, the government has received revised bids from Dubai-based Emirates NDB and Prem Watsa-led Fairfax Financial Holdings. New Delhi: The government has achieved about 78...
Govt achieves 78% of FY27 divestment, asset monetisation Budget target in Apr-Aug

LIC gets RBI nod to raise stake in HDFC Bank to nearly 10% from 4.11%

by AIP Online Bureau | Aug 20, 2026 | Eco/Invest/Demography, Indian News, Life, Wealth Management/ Philanthropy

The approval would give LIC the option to significantly increase its ownership in the private sector lender, subject to the applicable regulatory and statutory requirements Mumbai:Life Insurance Corporation of India (LIC), India’s largest insurance company, has...
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