Condemning the public sector Life Insurance Corporation (LIC) for turning its widely used website into Hindi, Tamil Nadu Chief Minister MK Stalin on Tuesday (Nov 18) described it as linguistic tyranny and demanded its immediate rollback.
The Life Insurance Corporation of India (LIC) is expected to enter the health insurance industry in 2025 by acquiring a stake in a standalone health insurance entity, that could significantly boost the market share of country’s largest insurer, according to a report on Friday.
The Board of Directors of Life Insurance Corporation of India (LIC) has approved and adopted the standalone and consolidated financial results for the six months ending 30 September.
LIC's profit after tax fell to 76.21 billion rupees ($903.6 million) for the quarter ended September from 79.25 billion rupees a year earlier.
LIC Housing Finance Ltd on Monday reported 12 per cent increase in net profit at Rs 1,329 crore in Q2 FY25, from Rs 1,188 crore in the same period last year.
In a victory for Life Insurance Corporation (LIC), the Income Tax Department has issued a refund intimation of Rs 25,464.46 crore for seven assessment years.
Life Insurance Corporation of India has received orders for Rs 3,528 crore from Income Tax authorities regarding Income Tax demand issued by Assistant Commissioner of Income Tax, Mumbai.
"The Unique Identification Number (UIN) for LIC’s Jeevan Utsav Plan is 512N363V01," said the LIC in a statement.
The India’s largest insurer posted a profit after tax of 79.25 billion Indian rupees ($951.41 million) for the quarter ended Sept 30, compared to 159.52 billion rupees a year ago.
Life Insurance Corporation of India (LIC) has been sent a Goods and Services Tax demand of over Rs 290 crore,…
