by AIP Online Bureau | Dec 30, 2021 | Eco/Invest/Demography, Indian News, Life, Non-Life
There are fears that LIC listing may be pushed beyond March 2022 as the valuation of the state-owned behemoth is taking more than anticipated time and preparatory work is still far from complete New Delhi: With the amended general insurance business legislation, the...
by AIP Online Bureau | Dec 29, 2021 | Indian News, Life, Technology
Mumbai: Life Insurance Corporation (LIC) of India has set up a ‘Digi Zone’ as part of its effort to enhance its digital footprint. It was inaugurated by LIC chairperson M.R. Kumar on Wednesday. “LIC plans to undertake the next wave of digital...
by AIP Online Bureau | Dec 28, 2021 | Indian News, Life
The strategy drawn should be in line with LIC’s business strategy with the aim of organizational growth, sustainable competitive advantage, increased productivity of intermediaries, creating a unique as well as best value for customers, according to the EoI...
by AIP Online Bureau | Dec 23, 2021 | Indian News, Life, Policy
Sources at LIC said that the corporation has already accumulated Rs 6,300 crore of capital by not paying any dividend to the government in recent years and planning raise more though, at present it is not known how it will do it Mumbai: In a bid to conserve capital,...
by AIP Online Bureau | Dec 20, 2021 | Indian News, Life, Policy
“Some media speculation doubting the feasibility of LIC IPO this fiscal year is not correct. It is reiterated that plan is on course for the IPO in the last quarter of this fiscal,” Secretary of Department of Investment and Public Asset Management tweeted...
