lic act

MUMBAI: The Bombay High Court has refused to grant interim relief to several Life Insurance Corporation (LIC) policyholders seeking judicial intervention to stay the issuance of the Draft…

The cabinet approved a proposal to allow up to 20% foreign direct investment (FDI) in Life Insurance Corporation of India (LIC) through the automatic route, a move that will facilitate the…

NEW DELHI : The Union Cabinet Saturday approved foreign direct investment (FDI) of up to 20% under the automatic route in Life Insurance Corporation (LIC) of…

The government will sell 5 per cent of its stake in Life Insurance Corporation (LIC), through an initial public…

The government may limit overseas investment in state-owned Life Insurance Corp. (LIC) of India at 20%, at par with that for public sector banks. The country’s biggest life insurer is…