Browsing Tag
Life Insurance Corporation of India
16 posts
IDBI Bank’s Rs 52,878cr Fairfax deal clears Cabinet, but ownership transfer is not final
India's Cabinet has selected Fairfax Financial Holdings Limited's Canadian subsidiary to acquire 60.72% of IDBI Bank at ₹81 per share. The transaction could become India's largest financial-sector foreign investment, but regulatory approvals, funding and the proposed integration of insurance and capital markets businesses remain unresolved.
LIC can nearly double ICICI Bank stake after RBI grants 9.99% ownership ceiling
The Reserve Bank of India has authorised Life Insurance Corporation of India to hold up to 9.99% of ICICI Bank within one year, giving the insurer scope to more than double its current stake while stopping well short of obligating LIC to make any specific purchase.
Why LIC Housing Finance picked Sandeep Kumar as CEO as margin pressure persists
LIC Housing Finance Limited has elevated Chief Operating Officer Sandeep Kumar to managing director and chief executive officer after T. Adhikari’s retirement, handing a 35-year Life Insurance Corporation of India veteran responsibility for a ₹3.22 lakh crore loan portfolio as the lender tries to accelerate growth without sacrificing margins.
Why LIC CFO Sunil Agrawal’s early resignation puts succession and strategy in focus
Sunil Agrawal is leaving Life Insurance Corporation of India months after receiving a one-year extension, creating a finance leadership test as the insurer reshapes products, distribution and shareholder returns.
Dynacons Systems & Solutions FY26 results: Can DSSL justify its rally with BFSI cloud and cybersecurity momentum?
DSSL has rallied hard, but FY26 numbers show real BFSI tech momentum. Can Dynacons convert order wins into durable growth?
Tata Capital IPO grey market premium climbs to Rs12.5 — What it means for investors ahead of Day 3 bids
Tata Capital IPO GMP today points to 3–5% listing gains as India’s biggest 2025 IPO enters Day 2. Find out how demand and valuations are shaping.
Hindustan Unilever stock rises on defensive strength, premiumisation strategy, and institutional rotation
Discover how Hindustan Unilever's premiumisation, brand strength, and investor flows drove its stock up despite input cost and rural demand concerns.
Say goodbye to paper policies! LIC teams up with CAMSREP for digital insurance revolution
India’s largest life insurer, Life Insurance Corporation of India (LIC), has taken a significant step toward digital transformation…
Infosys stock surges! Record deals and growth push IT giant’s stock higher—FY25 guidance revised
Infosys, a global leader in digital services and consulting, delivered a robust Q2 FY25 performance, achieving revenues of…
Infosys and LIC join forces for ambitious digital transformation initiative
Infosys, a global IT services and consulting company, has announced a significant partnership with the Life Insurance Corporation…