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Business  /  Published 17.11.20

Actuaries sought for LIC valuation

The mega initial public offering of Life Insurance Corp (LIC) may spill over to the next fiscal as the government on Monday took the first step to an independent actuarial valuation of the country&rsq...
By Our Special Correspondent in New Delhi

Business  /  Published 09.11.20

Ircon impetus to Centre's selloffs

The government plans to sell about a 15 per cent stake in Ircon International through an offer for sale of shares in the current fiscal even as the budget divestment target of Rs 2.1 lakh crore appear...
By R. Suryamurthy in New Delhi

Business  /  Published 26.10.20

Life Insurance Corp float date gets delayed

The mega initial public offering of Life Insurance Corp (LIC) may spill over to the next fiscal as the government will first look at the independent actuarial valuation of the country’s largest ...
By PTI in New Delhi

Calcutta  /  Published 19.10.20

Early morning blaze at LIC Building, three injured

A fire broke out early on Sunday on the third floor of LIC Building on Central Avenue, barely 500m from Moon House on GC Avenue where a fire had claimed two lives on Friday night. Eyewitnesses said t...
By Our Special Correspondent in Calcutta

Calcutta  /  Published 24.09.20

Chowringhee: decay and suspicion take root

Dora Smith, where fashionable women and actresses like Kanan Debi once shopped for party wear, was located at 1A SN Banerjee Road. This building used to house Keventer’s and Livewire Cleaning, ...
By Soumitra Das in Chowringhee

Business  /  Published 12.09.20

Annuity rate shield

The widening gap between returns in the accumulation phase and the return on annuities offered to National Pension System (NPS) subscribers on retirement has prompted the Pension Fund Regulatory and D...
By A Staff Reporter in Calcutta

Business  /  Published 25.07.20

LIC: Global firms race to be adviser

Eleven global firms have offered to act as ”transaction advisers” to the government for the initial public offer of Life Insurance Corporation. The 11 entities are Axis Capital, Citigroup...
By Our Special Correspondent in New Delhi

Business  /  Published 13.07.20

Life insurance industry posts 18.64% dip in premium

The life insurance industry, comprising 23 private sector insurers and LIC of India, has posted an 18.64 per cent decline in first-year premium for the period ended June 30, 2020. A combination of fa...
By A Staff Reporter in Calcutta

Business  /  Published 11.10.18

LIC Mutual intensifies asset watch

The mutual fund arm of the LIC will strengthen its internal systems to identify risks associated with investments in the wake of the crisis of IL&FS default.While LIC Mutual Fund has been able to ...
By Pinak Ghosh in Calcutta

Business  /  Published 30.10.18

Govt sees Rs 5000cr from Coal India stake bit

The government had last sold 10 per cent stake in CIL through an OFS in January 2015. It had then mopped up about Rs 23,000 crore.Coal India posted a 61.07 per cent rise in consolidated net profit at ...
By Our Special Correspondent in New Delhi


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