life insurance corporation

Dismisses Plea Filed By Employees’ Assn

Alleges That Publication Of Article And Subsequent Social Media Posts Adversely Affected The Reputation Of The Company And Created Uncertainty Among Investors

Seven of India's top 10 companies experienced a combined market valuation drop of Rs 1.54 lakh crore last week, with Reliance Industries leading the decline. This occurred as the BSE Sensex and NSE Nifty saw minor dips. Despite the losses, Reliance Industries maintained its position as the country's most-valued firm.

India's top companies saw a significant market valuation surge last week, with Reliance Industries leading the gains. Despite a volatile trading period, the BSE Sensex managed a modest advance. While several giants added billions, others like Bharti Airtel and Hindustan Unilever experienced notable dips. Analysts point to global optimism and domestic buying as drivers for the market's recovery.

LIC is undertaking a comprehensive review of its substantial real estate holdings, valued at over Rs 60,000 crore, to boost returns for policyholders and shareholders. The insurer is exploring options, including a potential separate subsidiary, to manage these assets more effectively. This strategic move aims to optimize yields from its vast property portfolio.

Indian markets experienced a significant downturn last week, with the top 10 most valued firms losing Rs 3.12 lakh crore. Geopolitical tensions, a weakening rupee, and rising inflation, exacerbated by surging crude oil prices, drove the decline. Reliance Industries saw the steepest fall, while Bharti Airtel was the sole gainer among the giants.

The central government has announced 100% Foreign Direct Investment (FDI) in insurance companies via the automatic route, enabling full foreign ownership. This move, aligning with the Sabka Bima Sabki Raksha Act, 2025, aims to boost foreign participation, with IRDAI approval required. LIC remains an exception with a 20% FDI limit.

India has eased foreign investment rules, allowing up to 100% FDI in insurance and relaxing norms for investments from neighbouring countries. Companies with up to 10% Chinese holding can now invest via the automatic route, though entities registered in China itself are excluded. These changes aim to boost capital inflows amidst a weakening rupee.

Dalal Street concluded the holiday-shortened week with gains, as the combined market valuation of India's top 10 firms surged by Rs 2.20 lakh crore, led by Reliance Industries. Despite a volatile trading environment and mixed global cues, investor sentiment remained resilient, with the BSE Sensex rising 0.32%.

Maharashtra government is set to acquire the iconic Air India building in South Mumbai for Rs 1,600 crore. The Finance Department has released funds, paving the way for a deal with Air India Assets Holding Limited. This move aims to alleviate space crunch at Mantralaya and consolidate government offices, offering significant office space near the secretariat.

Indian equity markets experienced a significant downturn, with the top ten most-valued firms losing over Rs 2 lakh crore. Tata Consultancy Services and Reliance Industries bore the brunt of this decline, influenced by geopolitical tensions and weak IT sector commentary. The broader market also saw substantial drops in benchmark indices.

Director Vignesh Shivan revealed that the life insurance corporation of India demanded a staggering Rs 112 crore to use the title 'LIC' for his film 'Love Insurance Kompany.' Facing this exorbitant demand, the team opted for the creatively spelled title 'LIK' to avoid legal complications and proceed with the release.

Indian markets concluded the week on a positive note, with the combined market value of the top ten companies surging by over Rs 1.87 lakh crore. Bharti Airtel emerged as the leading gainer, adding Rs 58,831 crore to its valuation. This uptrend was supported by easing geopolitical tensions and a positive risk sentiment.

LIC Housing Finance Limited has opened applications for 180 Junior Assistant positions, with registration commencing April 16, 2026. Candidates need a graduate degree with 55% marks and must be between 21 and 30 years old. The selection involves an online exam and interview, with a starting salary of ₹20,000 plus benefits.

The LIC AAO 2025 recruitment has progressed with results announced for different stages of its three-tier selection process. The preliminary exam, held in October 2025, served as a screening round, followed by the mains in November. Results were released online in PDF format, shortlisting candidates for further stages across 841 vacancies in AAO and Assistant Engineer roles.

Global rating agency Moody's Investors Service on Monday said it has withdrawn the 'Baa3' insurance financial strength rating of the life insurance corporation (LIC).

Members of the life insurance corporation of India (LIC) Agents Welfare Association staged a protest in front of the LIC divisional office in Dharwad on Friday, urging the government to fulfill their long pending demands.

life insurance corporation of India (LIC) has made available online its immediate annuity plan offering a 1% higher return for online purchases.

The government has appointed S K Roy as managing director of life insurance corporation (LIC) of India.Roy was executive director in charge of international operations before his promotion.

The authorities of life insurance corporation (LIC) have decided to give relaxation to the policyholders affected by natural calamity in Uttarakhand.

Interestingly last year, Kumar had voiced his opinion that the time was not ripe for an IPO. When asked about those comments, he replied, “What can I say, perhaps I have been overruled.”

With the life insurance corporation of India (LICI) scheduled to wind up all its existing schemes by December 31, the Guwahati division of the life insurance company, the largest in the northeast, said that its business is expected to grow manifold by the end of this year.

"Our attention is drawn to some messages circulated in social media with our emblem and logo asking policyholders to link their Aadhaar number by sending SMS to designated number," life insurance corporation of India (LIC) said in a public notice.

life insurance corporation (LIC) is facing disputed tax claims of Rs 74,894 crore under litigations, which is close to the amount that the corporation is widely expected to raise through an initial public offering (IPO) in the next few weeks.