Search result for 'lic dividend'

LIC is considering a fintech arm via strategic investment or organic growth to meet digital needs, says CEO Doraiswamy.

LIC aims to improve real estate returns, exploring a separate subsidiary for efficient asset management. Focus on policyholder benefits.

LIC CEO discusses potential impact of prolonged West Asia crisis on the insurance sector, individual incomes, and LIC stake dilution.

LIC reports a 23% surge in Q4 net profit to Rs 23,420 crore, driven by core business growth and investment returns. Key highlights inside.

LIC reports a 23% surge in Q4 net profit to Rs 23,420 crore. Total income rises to Rs 2,53,592 crore. Final dividend of Rs 10/share recommended.

LIC Housing Finance reports a 9% rise in Q4 net profit to Rs 1,497 crore. Total income declined, but disbursements rose by 10%.

LIC pays Rs 7,324.34 crore dividend to Finance Minister Nirmala Sitharaman for FY25. Approved at AGM on August 26, 2025.

DIPAM Secretary Arunish Chawla hopes to complete the IDBI stake sale this fiscal. Due diligence is nearly complete. Target is Rs 47,000 crore.

State Bank of India (SBI) raises Rs 25,000 crore through Qualified Institutional Placement (QIP) to fund business growth. LIC increases SBI shareholding.

LIC's net profit jumped 38% to Rs 19,013 crore in Q4 FY25, driven by lower expenses. The insurer also announced a final dividend of Rs 12 per share and updates on its health insurer stake purchase.

Life Insurance Corporation of India (LIC) reported a 38% jump in net profit to Rs 19,013 crore in the fourth quarter ended March 2025, driven by strong performance in renewal premiums.

LIC Mutual Fund reintroduces five flagship equity schemes: Value Fund, Small Cap Fund, Multi-Asset Allocation Fund, Dividend Yield Fund and Focused Fund. Learn more about their investment...

The Indian government has received Rs 2,413 crore in dividends from BPCL, taking the total dividend received from CPSEs to Rs 15,389.14 crore in FY24-25.

The Indian government has received Rs 5,091 crore as dividend from Indian Oil Corporation (IOC). This is part of the government's target of Rs 56,260 crore in dividend from public sector...

LIC handed over a dividend cheque of Rs 3,662.17 crore to Finance Minister Nirmala Sitharaman, taking the total dividend paid to the Centre for FY24 to Rs 6,103.62 crore.

LIC Chairman Siddhartha Mohanty announced plans to enter the health insurance segment and explore inorganic options. The company is also expecting composite licenses to be permitted, allowing...

LIC Housing Finance reported a 7.5% decline in its Q4 profit to Rs 1,091 crore, but total income increased. Gross NPAs improved to 3.31% from 4.41%.

Life Insurance Corporation of India (LIC) presented a dividend cheque of Rs 2,441 crore to Finance Minister Nirmala Sitharaman on Friday.

LIC expects to receive a Rs 25,464 crore income tax refund in Q4, boosting its bottom line. The refund is related to interim bonuses to policyholders. LIC also reported a 49% jump in net profit for...

LIC reported a 49% jump in net profit to Rs 9,444 crore in Q3 FY24, driven by higher net premium income. Its AUM also increased to Rs 49.66 lakh crore, registering a growth of 12%.

LIC's net profit for Q2 FY24 rose 49% to Rs 9,444 crore, driven by higher net premium income. The insurer's AUM also increased to Rs 49.66 lakh crore.

Leading banker Uday Kotak highlights India's shift from a saver to an investor nation, emphasizing the role of mutual funds and equity markets. He also discusses challenges facing the banking...