News

Holding of the company crossed 5% and the acquisition of shares were done during the period from December 03, 2021 to October 31, 2022 at average cost of Rs 455.69

Its shareholding in Capri Global has increased from 1,24,00,000 to 1,59,51,171 equity shares

Non-participating life insurance products do not offer any bonuses or add-ons such as dividends to the policyholders

The product is Non-Linked, Non-Participating, Group Health Rider for domestic market

Life Insurance Corporation is the top-ranked among the Indian firms

Between June 15, 2022 and September 30, 2022 LIC purchased 33.86 lakh shares of Dr. Reddy’s lab aggregating 2.034 per cent stake

LIC has presence in 14 countries through branch offices, subsidiaries and joint ventures

The said product will cater into domestic market

The board of director in their meeting held on July 4, 2022 has approved the same

There is a decrease of 2.04% in holding during the period from November 21, 2007 to July 4, 2023

The company is committed to supporting those affected and will expedite claim settlements to provide financial relief

The new product will cater to domestic market

The corporation has increased its shareholding in equity shares of Apollo Tyres from 4.983% to 5.030% of the paid-up capital of the said company

Each equity share has been offered at an Issue Price of Rs 2,58,851 each

The corporation’s shareholding in ‘Welspun Corp’ has diluted from 1,89,68,840 to 1,36,06,752 Equity Shares

There is an increase of 0.012% in holding on dated December 02, 2022

The said product caters to domestic market

The corporation has increased its shareholding in equity shares of Hindalco Industries from 11,22,88,358 to 11,25,35,358

The corporation’s shareholding in ‘Exide Industries’ has diluted from 4,69,10,305 to 2,98,59,892 Equity Shares

Holding increased from 6.869% to 8.884%, an increase of 2.015% during the period from November 21, 2022 to June 6, 2023 at an average cost of Rs 1050.77

The shareholding of the Corporation in LIC MF has increased from 5906 to 6865 Equity Shares

The Corporation has increased its shareholding in Bank of Maharashtra from 4.05% (pre allotment) to 7.10% (post allotment)

The Corporation’s shareholding in ‘HDFC Asset Management Company’ has decreased from 1,93,11,744 to 1,48,44,466 Equity Shares

The cumulative new premium during the first three months of this fiscal was up by over 35% to Rs 48,201 crore

The company has acquired Voltas’ shares worth Rs 634.50 crore through open market transactions

In September 2022, the company’s new premium income stood at Rs 24,991.26 crore

The Corporation’s shareholding in Century Enka has diluted from 12,00,331 to 7,54,206 equity shares

Consolidated net premium income of the company increased by 4.57% at Rs 117,431.94 crore for Q3FY24

The corporation’s shareholding in ‘Navin Fluorine International’ has increased from 23,75,398 to 24,97,139 Equity Shares

SEBI has given its nod to draft red herring prospectus (DRHP) filed by LIC on February 13, 2022

The corporation’s shareholding in HPCL has increased from 6,95,16,128 to 7,11,13,128 Equity Shares

The Corporation’s shareholding in ‘National Fertilizer’ has diluted from 4,55,02,381 to 3,56,02,539 Equity Shares

Total consolidated income of the company increased by 12.97% to Rs 197663.01 crore for Q3FY23

Following this, LIC’s holding in SAIL increased to 8.68 per cent

Its shareholding in Divis Laboratories has increased from 4.992 per cent to 5.032 per cent as the number of shares held by it in the company rose from 1,32,54,663 to 1,33,60,663

The company’s shareholding in ‘The United Nilgiri Tea Estates Company’ has diluted from 4,81,294 to 3,80,396 Equity Shares

The Board of Life Insurance Corporation of India, at their meeting held on December 11, 2023, has approved the same

The Corporation has increased its shareholding in equity shares of Asian Paints from 4,79,66,302 to 6,72,40,527

During the month of June 2025, total policies issued by LIC stood at 12.49 lakh from 14.65 lakh in the same period last year

The tax authority has raised a demand order cum penalty notice for 2019-20

The Corporation’s shareholding in ‘Shipping Corporation of India’ has diluted from 2,80,98,197 to 1,85,92,050 Equity Shares

The Corporation’s shareholding in ATUL has increased from 14,74,172 to 15,09,793 Equity Shares

There is a net increase of 2.034% in holding during the period from January 8, 2024 to February 08, 2024

The company has increased its shareholding from 47,410,710 to 47,711,794 equity shares

In May 2023, its Individual Single Premium stood at Rs 1502.68 crore

The corporation has decreased its shareholding in equity shares of Tata Power Company from 5.906% to 3.881% of the paid-up capital of the said Company

The cumulative new business premium during the first half ended September of the current fiscal year was up by 45.91% at Rs 1,24,191.08 crore

The corporation’s shareholding in MOIL has diluted from 1,83,38,326 to 1,41,02,808 Equity Shares

The corporation’s shareholding in Dr. Reddy’s Laboratories has diluted from 1,61,44,983 to 1,27,20,873 Equity Shares

The company has decreased its shareholding in equity shares of NMDC from 22,31,79,825 to 16,40,59,791

The Corporation’s shareholding in ‘Orissa Minerals Development Company’ has diluted from 4,54,163 to 4,23,996 Equity Shares

There an increase of 2% in holding during the period from September 30, 2022 to March 10, 2023

The company’s shareholding in ‘Empire Industries’ has diluted from 6,43,953 to 5,23,111 Equity Shares

The corporation’s shareholding in Mahanagar Gas has increased from 69,29,335 to 89,19,236 equity shares

The Corporation has increased its shareholding in equity shares of IRCTC from 5,82,22,948 to 7,43,79,924

The government is expecting to garner up to Rs 63,000 crore from the IPO

With this, LIC’s shareholding in the company stands increased to 7.06 percent

The product is Non-Linked, Non-Participating, Individual, Savings, Life Insurance Plan

LIC has a debt exposure of Rs 5,388.60 crore in Adani Ports and SEZ as of March 5

The Corporation’s shareholding in Sun Pharmaceutical Industries has diluted from 12,05,24,944 to 7,22,68,890 Equity Shares

The Corporation’s shareholding in ‘Hero Moto Corp’ has diluted from 22,491,571 to 18,482,495 Equity Shares

Nature of consideration is open market sale

There is a decrease of 2% in holding during the period from December 29, 2022 to March 14, 2023

The corporation’s shareholding in TIL has diluted from 10,22,985 to 8,10,038 Equity Shares

The company’s shareholding in ‘Glaxosmithkline Pharmaceuticals’ has diluted to 73,80,777 equity shares

The acquisition of shares was done on April 12, 2024 at an average cost of Rs 2248.59

Total consolidated income of the company increased by 9.36% at Rs 169,600.74 crore for Q1FY23

There is an increase of 2.029% in holding during the period from March 30, 2022 to December 14, 2022

The company has increased its shareholding in equity shares of SRF from 1,47,36,943 to 1,48,30,443

The new product will cater to domestic market

The corporation has decreased its shareholding in equity shares of Vakrangee from 69,640,256 to 47,815,583 of the paid-up capital of the said Company

The NextGen Digital Platform will be modular, flexible, cloud-native

The campaign is launched to benefit those policy holders who were not able to pay premiums due to unavoidable circumstances and their policy lapsed

The new product will cater to domestic market

The platform is the first major milestone in project Digital Innovation and Value Enhancement

The corporation’s shareholding in ‘Hindalco Industries’ has decreased from 18,82,28,567 to 14,26,68,148 Equity Shares

There is net decrease of 2.016% in holding

The company’s shareholding in ‘The United Nilgiri Tea Estates Company’ has diluted from 5,84,743 to 4,81,294 equity shares

The corporation’s shareholding in ‘TIL’ has been diluted from 8,10,038 to 5,96,195 equity shares

The corporation’s shareholding in ‘Dixon Technologies India’ has decreased from 29,97,913 to 17,94,395 Equity Shares

The corporation’s shareholding in ‘Coforge’ has increased from 30,38,803 to 30,73,908 Equity Shares

The company has increased its shareholding in Biocon from 5,98,14,429 to 6,03,14,429

The corporation’s shareholding in IRCTC has increased from 4,00,42,625 to 5,82,22,948 Equity Shares

The Corporation’s shareholding in ‘Tata Motors’ has decreased from 169,802,847 to 102,752,081 Equity Shares

The new product will cater to domestic markets

The new product will cater to domestic market

Its holding in Siemens decreased by over 2 per cent from October 14, 2020, to July 18, 2022, at an average cost of Rs 2,701.19 per piece

The Corporation’s shareholding in ‘Hindustan Copper’ has diluted from 11,91,64,785 to 9,91,10,743 Equity Shares

The Corporation’s shareholding in NMDC has decreased from 34,25,97,574 to 28,19,33,850 Equity Shares

The Corporation’s shareholding in ‘LTIMindtree’ has increased from 14,804,362 to 14,906,665 Equity Shares

The corporation’s shareholding in Bank of Baroda has increased from 25,77,78,275 to 26,02,17,275 Equity Shares

The corporation’s shareholding in ‘Gujarat Gas’ has increased from 3,42,90,854 to 3,45,07,854 Equity Shares

The corporation’s shareholding in ‘Oil India’ has diluted from 12,71,67,248 to 10,50,70,405 Equity Shares

In the June quarter of the previous fiscal, settlement of death claims was to the tune of Rs 7111 crore, which for Q1 of this year was Rs 5743 crore

The company has acquired stake in ‘Jio Financial Services’ through demerger action by ‘Reliance Industries’

The total cost of acquisition Rs 5000 crore at issue price of Rs 817 per equity share

The MoU will benefit rural households in their pursuit of improving their household income

LIC has opened a new place of business on June 22, 2023

The company’s shareholding in Peria Karamalai Tea & Produce Company has diluted from 2,19,481 to 1,54,623 Equity Shares

The Corporation’s shareholding in Mphasis has increased from 94,12,589 to 95,30,789 equity shares

LIC has launched its new product on June 23, 2023

Both the products will cater to domestic markets

There is an increase of 2.011% in holding during the period from November 30, 2021 to November 21, 2022.

The Corporation’s shareholding in ‘Engineers India’ has decreased from 2,89,70,343 to 1,75,46,621 Equity Shares

The Corporation’s shareholding in ‘Dr Reddys Laboratories’ has decreased from 1,27,20,873 to 93,28,967 Equity Shares

The corporation has increased its shareholding in equity shares of LTIMindtree from 1,49,06,665 to 2,08,34,009 of the paid-up capital of the said Company

The corporation’s shareholding in ‘Industrial Investment Trust’ has diluted from 12,25,017 to 7,57,966 Equity Shares

There is a decrease of more than 2% in holding during the period from December 27, 2019 to November 22, 2022

The company’s shareholding in Mahindra & Mahindra Financial Services has increased from 6,19,16,149 to 8,67,63,025 Equity Shares

The holding in company has crossed 5% on April 21, 2023

In terms of premium collected, it continues to hold a market share of 62.58 per cent as on March 2023

The Corporation’s shareholding in Tata Chemicals has increased from 1,81,45,978 to 2,33,78,890 Equity Shares

Consolidated net premium income of the company decreased by 8.28% at Rs 132,223.21 crore for Q4FY23

The Corporation’s shareholding in ‘Bajaj Auto’ has been diluted from 1,47,12,999 to 89,77,945 Equity Shares

The corporation has increased its shareholding in equity shares of Patanjali Foods from 1,80,48,377 to 1,81,73,377

The corporation’s shareholding in Container Corporation of India has increased from 3,04,31,759 to 3,06,09,408 equity shares

The new product will cater to Domestic market

The said product caters to domestic market

The Corporation’s shareholding in ‘NMDC’ has diluted from 28,19,33,850 to 22,31,79,825 Equity Shares

There is a decrease of 2% in holding during the period from January 10, 2022 to February 27, 2023

The total consolidated income of the company decreased by 3.78% at Rs 2,42,270.32 crore for Q4FY25

The Corporation’s shareholding in ‘DCM’ has diluted from 11,75,843 to 7,86,394 Equity Shares

The company’s shareholding in Siemens has diluted from 1,84,12,652 to 1,11,45,887 equity shares

The company’s shareholding in BPCL has increased from 15,25,08,269 to 19,61,15,164 equity shares

The Corporation’s shareholding in ‘Hindustan Copper’ has diluted from 9,91,10,743 to 7,90,11,485 Equity Shares

LIC has decreased its shareholding in equity shares of Mahanagar Gas from 89,19,236 to 68,54,264

The Corporation’s shareholding in ‘Bharat Heavy Electricals’ has decreased from 40,74,40,614 to 33,48,62,025 Equity Shares

The approval is granted pursuant to application made by LIC to RBI on November 30, 2023

The corporation’s shareholding in ‘Bharat Bijlee’ has diluted from 3,78,352 to 2,56,553 Equity Shares

LIC has launched its new product on November 29, 2023

The company has decreased its stake from 2.41 crore to 1.58 crore equity shares

The company has increased its shareholding in ‘Deepak Nitrite’ from 67,88,327 to 68,58,414 equity shares

The Corporation’s shareholding in ‘Indraprastha Gas’ has increased from 5,11,01,634 to 6,54,83,460 Equity Shares

The company has reported a standalone net profit of Rs 2,371.55 crore for the quarter ended March 31, 2022