In an exchange filing on Monday evening, LIC said its board, at a meeting held on April 13, approved the issuance of bonus equity shares in a 1:1 ratio to existing shareholders as on the record date, ...

LIC has approved the issuance of first-ever bonus equity shares in the proportion of 1:1. LIC is yet to announce the bonus record date.

As per the information available, after the proposed bonus issuance of 1:1, the paid up equity share capital will increase to Rs 12,649.99 crore from existing Rs 6,324.99 crores.

India permits 100% FDI in insurance under automatic route with conditions, while retaining 20% foreign investment cap for LIC ...

LIC announces its first-ever 1:1 bonus issue for shareholders—check record date details and learn how you can benefit!

The Indian government has officially cleared the path for 100% Foreign Direct Investment (FDI) in the insurance industry.

The board of Life Insurance Corporation of India (LIC), at its meeting on Monday, approved the issuance of bonus equity shares in the proportion of 1:1, subject to shareholder approval. The bonus ...

Life Insurance Corp. of India said it makes independent investment decisions, pushing back against a Washington Post report that alleged Indian officials influenced the company to plow money into ...

While LIC stock a high of Rs 980.05 last year in June, its prevailing price is at 15.38 per cent discount to its IPO issue ...

March 18 (Reuters) - Life Insurance Corporation of India (LIC) (LIFI.NS), opens new tab hopes to decide on acquiring stake in a health insurance company by the end of March, its chief executive said ...