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West Bengal: Mamata Banerjee accuses BJP, CPI (M) for SC verdict on SSC recruitment, vows to support affected teachers | Supreme Court stays deforestation in Hyderabad's Kancha Gachibowli amid protests | Modi a great friend of mine but not treating US right: Donald Trump announcing reciprocal tariffs on India | Crushing defeat for Mamata Banerjee: BJP reacts to Supreme Court's SSC recruitment order | DMK to challenge Waqf (Amendment) Bill in Supreme Court, announces Stalin | Supreme Court upholds Calcutta HC order quashing 25,000 appointments by SSC in Bengal | In a major boost for tourism, Shimla to get Asia's longest ropeway spanning 13.79 kilometers | Karnataka govt hikes sales tax on diesel, price goes up by Rs. 2 | 'Heard India will be dropping its tariffs substantially': Donald Trump ahead of announcing reciprocal tariff | Opposition MPs decide to vote against Waqf Amendment Bill in Parliament tomorrow
LIC Q3FY25 profit grows 17% to Rs 11,056 cr as employee costs decline

LIC Q3FY25 profit grows 17% to Rs 11,056 cr as employee costs decline

Feb 07, 2025, at 10:12 pm

Mumbai: Life Insurance Corporation of India (LIC), the country’s largest insurer, posted a 17% increase in its third-quarter profit, driven by lower employee-related expenses, Reuters reported.

Union Budget: FDI limit for insurance sector raised from 74 to 100 percent

Union Budget: FDI limit for insurance sector raised from 74 to 100 percent

Feb 01, 2025, at 02:37 pm

Union Finance Minister Nirmala Sitharaman presented the Union Budget on Saturday when she informed that the FDI limit for the insurance sector will be raised from 74 to 100 per cent.

LIC IPO: Filing of DRHP with SEBI likely on Feb 11, says report

LIC IPO: Filing of DRHP with SEBI likely on Feb 11, says report

Feb 11, 2022, at 07:49 am

Mumbai: The Draft Red Herring Prospectus (DRHP) of India's most awaited initial public offering (IPO) by Life Insurance Corporation of India is expected to be filed with SEBI on February 11, sources told CNBC-TV18.

Centre won't need to change any law for foreign participation in LIC IPO

Centre won't need to change any law for foreign participation in LIC IPO

Oct 07, 2021, at 05:32 am

New Delhi/IBNS: No amendments will be necessary to any legislation to allow foreign participation in the proposed IPO of insurance giant Life Insurance Corporation of India (LIC), according to the media reports.

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