
The reason for the downward trend can be attributed to the contraction in business activity seen by the Life Insurance Corporation of India (LIC).

LIC news updates: According to the Irdai rules, the insurer is required to settle a claim within 30 days of receipt of all documents

In rupee terms, retail holding in listed companies reached an all-time high of Rs 16.18 lakh-cr in June from Rs 13.94 lakh-cr on March 31, 2021

The amendments will help public sector companies in catering to the demand of customers by offering innovative products.

The most important condition for the policy is that the minimum age of the investor should be at least 30 years or more

LIC holds over 10% stake in big companies like Coal India, NTPC, ONGC, Adani Ports and Grasim Industries

Mishra Dhatu Nigam, National Fertilisers and Rashtriya Chemical & Fertilizers are three PSUs in line

According to research by Fintrackr, a dozen companies have announced ESOP buybacks worth over $100 million in the first half of 2021

Finance Minister Nirmala Sitharaman in her Budget address in February had said that one general insurance company, along with two public sector banks

To facilitate the mega IPO, the government significantly increased the authorised capital of LIC to Rs 25,000 crore from Rs 100 crore