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LIC launches single premium new plan Dhan Vridhhi

LIC launches single premium new plan Dhan Vridhhi

by AIP Online Bureau | Jun 23, 2023 | Indian News, Life

(L to R) Siddhartha Mohanty, chairman, LIC and M Jagannath, managing director, LIC at the launch of the corporation’s new product Dhan Vridhhi The plan comes with two options to choose from wherein the sum assured on death can either be 1.25 times or 10 times in...

LIC announces relaxations for victims of Cyclone Biparjoy

by AIP Online Bureau | Jun 17, 2023 | Disaster & Management, Indian News, Life

LIC in a statement said it is reaching out to the affected people to provide assistance although the loss of lives has been minimal. LIC has also created a portal link for the online submission of claims arising due to Biparjoy Cyclone New Delhi: Following insurance...

SBI, LIC, two other sponsors to dilute stake in UTI Mutual Fund

by AIP Online Bureau | Jun 15, 2023 | Indian News, Life

UTI Mutual fund is promoted by the State Bank of India (SBI), Life Insurance Corporation of India (LIC), Punjab National Bank (PNB) and Bank of Baroda (BoB), having a combined holding of 45.21 per cent in the paid-up capital New Delhi: Sponsors of UTI Mutual Fund,...
LIC to hold 5-day roadshows in Hong Kong, UK in June last week

LIC to hold 5-day roadshows in Hong Kong, UK in June last week

by AIP Online Bureau | Jun 11, 2023 | Indian News, Life

The top management of LIC will interact with global investors through a series of meetings spread over five days and highlight the strength of the company The management will urge the investors to invest in LIC scrips as the company has huge potential, the sources...

LIC raises stake in SAIL by 2%

by AIP Online Bureau | Jun 10, 2023 | Briefs, Life, Workplace/Employee Benefits

Life Insurance Corporation of India (LIC) has raised its stake in state-owned steel production firm SAIL by about 2 per cent to to 8.68 per through an open market acquisition. LIC bought 8.26 crore shares or 2.001 per cent of equity capital at an average price of Rs...
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