LIC is making a contrarian bet on the IT sector, investing heavily in companies like TCS and HCL Technologies while reducing its exposure to banking giants such as SBI and HDFC Bank.
LIC's exposure to IT rose significantly in just three months as the total value of its technology holdings increased from Rs ...
BENGALURU, Aug 8 (Reuters) - Life Insurance Corporation of India (LIFI.NS), opens new tab, the country's biggest insurer, forecast a 2%-3% higher value for new-business margin in fiscal 2025 and said ...
March 18 (Reuters) - Life Insurance Corporation of India (LIC) (LIFI.NS), opens new tab hopes to decide on acquiring stake in a health insurance company by the end of March, its chief executive said ...
Life Insurance Corp. of India said it makes independent investment decisions, pushing back against a Washington Post report that alleged Indian officials influenced the company to plow money into ...
Feb 5 (Reuters) - Life Insurance Corporation of India reported a 17% rise in third-quarter profit on Thursday, ‌aided by higher premium collections on tax cut-spurred ‌retail demand for insurance ...
India’s policy stability and digital adoption are setting up a multi-year earnings upcycle, says Karan Doshi, Fund Manager – Equity at LIC Mutual Fund ...
Overview LIC share price rose 1.21% to Rs. 883.85 even after reports showed a Rs. 340 crore loss linked to its investment in IDFC First Bank.The stock traded be ...
IDFC First Bank share price crashed 20% following a reported ₹590 crore fraud, prompting concerns over its financial health.