His comments came as the insurance sector discusses a major reform push, which he described as a long-awaited initiative that would amend provisions of the Insurance Act, the LIC Act and IRDAI Act.

LIC CEO R. Doraiswamy called the proposed Insurance Bill a landmark reform to boost insurance coverage and support “insurance ...

MUMBAI: The government’s three-year wait to exit IDBI Bank may bear fruition soon with the Toronto-based NRI businessman Prem ...

LIC also has maximum exposure to power generation and distribution companies, accounting for more than half of its investment ...

IDBI Bank shares rose over 4% as Fairfax Financial and Kotak Mahindra Bank are set to bid for a majority stake. The ...

Fairfax has moved ahead in the race to buy a majority stake in IDBI Bank, with Kotak Mahindra Bank still in the fray as the ...

The Centre and LIC together plan to offload a 60.72 per cent stake in the lender, valued at close to 7 billion dollars at ...

LIC faces ₹2,370 crore GST demand from Maharashtra over excess ITC claims for FY22-24. Insurer plans appeal, assures no impact on operations amid minor share dip-latest updates on tax notice.

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State-owned entities such as Rail Vikas Nigam Ltd, Garden Reach Shipbuilders & Engineers Ltd, Neyveli Lignite Corporation, ...

If spectacular vistas top your list of apartment must-haves, these are some of the best rental buildings in LIC and Astoria ...

The Life Insurance Corporation has recently launched two life insurance plans to offer better features and facilities to its ...