LIC board approves acquisition of up to 51% stake in IDBI Bank
LIC has been looking to enter the banking space by acquiring a majority stake in IDBI Bank as the deal is expected to provide business […]
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LIC gets Irdai nod to buy 51% stake in IDBI Bank: Report
Insurance Regulatory and Development Authority of India (Irdai) on Friday permitted Life Insurance Corporation of India (LIC) to buy up to 51 per cent stake […]
Rescued battle for life in six Mumbai hospitals
As a fire broke out in the Employees State Insurance Corporation (ESIC) Hospital in MIDC, Marol, in Andheri on Monday afternoon, those rescued were rushed […]
Typo in insurance contract costs LIC Rs 35.52L payout
A typo is set to cost the Life Insurance Corporation (LIC) of India Rs 35.52 lakh. The National Consumer Disputes Redressal Commission (NCDRC) last week […]
Saudi loans $1 billion in ‘short-term relief’ to Pakistan
Pakistan received $1 billion from Saudi Arabia Friday, a day after the United Arab Emirates deposited the first installment of a $3 billion financial support […]
Congress’s Rs 199 crore income in 2017-18 its lowest in 11 years
The Congress party has declared Rs 199 crore of income for 2017-18, a 12% decline from the previous year and its lowest in 11 years, […]