life insurance corporation of india

LIC enters into tie-up with IDFC First Financial institution underneath company company association

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Life Insurance coverage Company of India (LIC) has entered right into a tie-up with IDFC First Financial institution Ltd underneath company company association. This tie-up will facilitate greater than 1 crore clients of IDFC First Financial institution to purchase LIC insurance policies on-line by visiting the financial institution’s web site, India’s largest life insurer mentioned … Read more

Mcap: 7 of top-10 most valued corporations bounce ₹1.72 lakh crore; TCS steals present

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The mixed market valuation of seven of the top-10 most valued corporations jumped ₹1,72,225.62 crore final week, with IT bellwether Tata Consultancy Companies (TCS) stealing the present, amid a rally in equities. Additionally learn: TCS earnings rise 8.8% to ₹12,105 cr in Q1 on India income progress Final week, the BSE benchmark jumped 522.74 factors, … Read more

LIC’s medical health insurance foray to intensify competitors, could set off consolidation

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Life Insurance coverage Company of India’s foray into the medical health insurance phase is anticipated to intensify competitors within the already crowded medical health insurance house and will even set off some consolidation, based on trade gamers. Medical insurance has been the fastest-growing insurance coverage phase on the again of a pointy rise in medical … Read more

First-year premium of life insurers up 2 computer at ₹3,77,960 cr in FY24: IRDAI

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The primary-year premium or new enterprise premium of life insurers elevated 2 per cent to ₹3,77,960 crore within the monetary yr ended March 31, 2024, in contrast with ₹3,70,543 crore within the earlier monetary yr. As per the information of Insurance coverage Regulatory and Improvement Authority of India (IRDAI), Life Insurance coverage Company’s (LIC) first yr … Read more

IDBI Financial institution’s synergy constructing with LIC to be on maintain on account of strategic divestment plans

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India Rankings and Analysis (Ind-Ra) expects a big a part of IDBI Financial institution’s anticipated synergy constructing with the Life Insurance coverage Company of India (LIC) to be on the backburner, given the upcoming strategic divestment plans of the Authorities and LIC. The ranking company famous that IDBI Financial institution has benefited some extent on … Read more

Mcap of seven of top-10 most valued companies climbs ₹71,301 crore final week; Bharti Airtel shines

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The mixed market valuation of seven of the top-10 most valued companies climbed ₹71,301.34 crore within the holiday-shortened final week, with Bharti Airtel rising because the lead gainer. In a record-breaking rally final week, the BSE benchmark climbed 374.04 factors or 0.50 per cent. Additionally learn: Mcap of seven of top-10 most valued companies climb … Read more