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...

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...

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 ...

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...

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, ...

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...

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...

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...

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 ...

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 ...