LIC Q4 profit rises 2% to ₹13,762 cr; govt to get ₹3,662 cr dividend
LIC will give a dividend of ₹3,662 crore to the government, its largest shareholder.
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LIC shares jump 6% on getting extension to meet MPS norms
SEBI has granted LIC an additional three years till May 2027 to comply with the 10% minimum public shareholding (MPS) requirement.
SEBI confirms involvement of LIC employee in front-running case
LIC says it has placed robust controlling mechanisms along with best practices to prevent any kind of front running
LIC to acquire 9.99% stake in HDFC Bank
LIC has been advised by the RBI to acquire 9.99% shareholding in HDFC bank by January 24, 2025.
LIC receives GST demand of ₹183 cr; stock falls
LIC in a statement said that it has received a Goods and Service Tax (GST) notice of approximately ₹183 crore from the Telangana government.
LIC shares jump 5% on ₹9,544 crore Q1 profit
Net investment income surges 29.8% year-on-year to ₹90,309 crore in Q1 FY24.
LIC is making 45% profit on Adani investment
LIC has invested ₹31,200 crore in Adani Group companies that have touched ₹45,481 crore or 45% above the cost price by May 23
Adani Group exposure at 0.97% of total AUM: LIC
The total purchase value of equity, purchased over the last many years, under all the Adani group companies is ₹30,127 crore, says LIC.
LIC stock surges 9% as Q2 profit jumps multifold; what should investors do now?
LIC of India share price jumped 8.7% to ₹682.70 on the BSE, registering its biggest intraday gain since listing.
IDBI Bank strategic sale process begins; Centre, LIC to offload over 60% stake
Government as well as LIC will sell a little over 30% stake each in the bank along with the transfer of management control.
