LIC Shareholders Alert! Update PAN, Bank Details Or Pay Higher TDS On Dividend–Check Important Dates | Personal Finance News

New Delhi: State-owned Life Insurance Corporation of India (LIC) has advised its shareholders to update their bank details and Permanent Account Number (PAN) before July 19 to be eligible for tax deductions on dividend. “In order to enable us to determine the appropriate tax rate at which tax has to be deducted at source under the […]

ABHISEK RAJPUT

July 9, 2024

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LIC Share Prices Rally 80% In One Year | Markets News

New Delhi: LIC (Life Insurance Corporation of India) share price was Rs 1,101 at 12:30 p.m. on Thursday, which was Rs 620 on July 18, 2023. The company’s revenue in the financial year 2023-24 has been Rs 8.46 lakh crore, which was Rs 7.84 lakh crore in the financial year 2022-23. During this period, the […]

ABHISEK RAJPUT

July 18, 2024

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Mcap Of 6 Of Top-10 Valued Firms Jumps Rs 1.85 lakh Crore; LIC, Infosys Biggest Winners | Markets News

New Delhi: The combined market valuation of six of the top 10 valued firms jumped Rs 1,85,186.51 crore last week, with Life Insurance Corporation of India (LIC) and Infosys emerging as the biggest gainers. Last week, the BSE benchmark climbed 728.07 points or 0.90 per cent. The valuation of LIC surged Rs 44,907.49 crore to […]

ABHISEK RAJPUT

July 28, 2024

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LIC Office In Bangladesh To Remain Closed Till 7 August | Companies News

New Delhi: Life Insurance Corporation of India (LIC) has said that its offices in Bangladesh will be closed till August 7 owing to the ongoing turmoil in the neighboring country. “This is to inform that the office of LIC of Bangladesh Ltd. will remain closed during the period from August 05, 2024 to August 07, […]

ABHISEK RAJPUT

August 6, 2024

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LIC To Invest Around Rs 1.30 Lakh Crore In Stock Market In FY25 | Economy News

New Delhi: Life Insurance Corporation of India (LIC) MD and CEO Siddhartha Mohanty has said that the corporation is looking to make fresh investments of around Rs 1.30 lakh crore in equities during the current financial year. During April-June FY25, the insurance behemoth made an investment of about Rs 38,000 crore in shares as against […]

ABHISEK RAJPUT

August 11, 2024

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LIC Unclaimed Amount: Here’s How To Check And Claim Unclaimed Money With LIC | Personal Finance News

New Delhi: Life Insurance Corporation of India (LIC) scheme’s easy installment option allows for payments to be made with ease, thus meaning long-term savings for lakhs of policyholders. However many a time, account holders are unable to deposit the premium due to several reasons and do not even surrender the policy. In such a situation, […]

ABHISEK RAJPUT

August 22, 2024

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Nine Of Top 10 Valued Firms Add Rs 95,522 Cr To Market Valuation; Reliance, TCS Lead Gainers | Economy News

New Delhi: The combined market valuation of nine of the top 10 most valued firms jumped by Rs 95,522.81 crore last week, with Reliance Industries, TCS and HUL emerging as the biggest gainers. Rising for the fourth straight session, the 30-share BSE Sensex ended 33.02 points or 0.04 per cent higher at 81,086.21 on Friday. […]

ABHISEK RAJPUT

August 25, 2024

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LIC Unclaimed Dividend –What Is The Procedure For Claiming LIC Unclaimed Dividend Amount; List Of Documents Required | Personal Finance News

New Delhi: Dividends form the percentage of a company’s earnings and is paid to investors/shareholders with respect to their share of profits.  What Happens To Unclaimed Dividends For Longest Time? As per the Investor Education and Protection Fund (IEPF) rules in terms of the provisions of Section 205A of the Companies Act, 1956, Dividends that […]

ABHISEK RAJPUT

August 27, 2024

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LIC New Business Premium Up 35 Per Cent To Rs 19,309 Crore In August | Economy News

Mumbai: Life Insurance Corporation (LIC) of India saw a 35.1 per cent surge in its new business premium for the month of August to Rs 19,309.10 crore, from Rs 14,292.53 crore in the same month last year, showed data by the Life Insurance Council on Monday.  The LIC’s new business premium collection for the first […]

ABHISEK RAJPUT

September 9, 2024

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LIC Hikes Stake In Railway Sector ‘Miniratna’ PSU IRCTC To 9.3% | Economy News

New Delhi: Life Insurance Corp (LIC) on Thursday said it has hiked its stake in Indian Railway Catering and Tourism Corporation (IRCTC) to about 9.3 percent. LIC said its holding in railway sector ‘miniratna’ PSU has increased 2.02 per cent in the period December 16, 2022, to September 11, 2024, via open market purchases.   […]

ABHISEK RAJPUT

September 13, 2024

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