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All insurance offices wil remain open on Mar31

by AIP Online Bureau | Mar 30, 2026 | Briefs, Life, Non-Life

The IRDAI has asked insurers to keep their branches open as per normal working hours on March 31, 2026.March 31 is a gazetted and public holiday in India owinng to Mahavir Jayanti.“The insurers may take note of the above and give adequate publicity to the...
Govt may consider OFS option for raising public float in IDBI Bank

Govt may consider OFS option for raising public float in IDBI Bank

by AIP Online Bureau | Mar 22, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

Earlier this month, the proposed sale of a 60.72 per cent majority stake, held jointly by the government and the LIC, was scrapped after financial bids from two potential buyers reportedly fell short of the reserve price. New Delhi:The government may consider selling...
LIC keen on buying stakes in a suitable health insurance company,says CEO Doraiswamy

LIC keen on buying stakes in a suitable health insurance company,says CEO Doraiswamy

by AIP Online Bureau | Feb 12, 2026 | Health, Indian News, Life

“We are evaluating various options available in the market, but we don’t have any particular deadline or any such immediate date by which we are looking at doing that. We’ll be open to having a stake if a very good opportunity makes itself...
LIC keen on buying stakes in a suitable health insurance company,says CEO Doraiswamy

LIC’s net profit rises 17% to Rs12,930 cr Q3FY25

by AIP Online Bureau | Feb 5, 2026 | Indian News, Life

R Doraiswamy, CEO & MD, LIC R Doraiswamy, CEO & MD, LIC said,““The consumers and the companies in the life insurance industry have responded positively to the various initiatives of the government, especially to GST 2.0. At LIC, we have further increased...
EC work: LIC field workers move HC for protection of their service conditions

EC work: LIC field workers move HC for protection of their service conditions

by AIP Online Bureau | Jan 30, 2026 | Indian News, Life

Petitioner National Federation of Insurance Field Workers of India, through their lawyer, stated before the court of Justice Krishna Rao that they apprehend that their service in the company will be affected if they are engaged in election-related work. The court said...
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