Latest Updates Around The World
State-owned insurer Life Insurance Corporation of India (LIC) has reduced its stake in Hindustan Copper by 2%, taking its stake in the company to 4.07%. The shares were sold on the open market between August 16 and December 23, the metals giant told exchanges.The country’s largest life insurance company LIC held 6.086% stake, amounting to […]
Life Insurance Corporation of India (LIC) has invested the maximum amount of Rs 88,404 crore in Tata Group, followed by an infusion of Rs 80,843 crore in HDFC Bank and Rs 60,065.56 crore in Reliance Group, Parliament was informed on Tuesday.Adani Group attracted an investment of Rs 47,633.78 crore while SBI attracted Rs 46,621.76 crore […]
The combined market valuation of eight of the top 10 most valued domestic companies fell by Rs 79,129.21 crore last week, with Bajaj Finance and ICICI Bank taking the biggest hits, amid a largely bearish trend in equities.Last week, the BSE benchmark index fell 444.71 points or 0.51 percent. Out of the top 10, Reliance […]
India’s largest domestic institutional investor Life Insurance Corporation of India (LIC) has sold nearly 2% stake in Adani Ports and Special Economic Zone (APSEZ) between November 2022 and December 2025, bringing its stake down to 7.34%, according to APSEZ’s filing with the stock exchanges on Friday.LIC had earlier held 9.35% stake in the APSEZ, which […]
The combined market valuation of five of the top 10 most valued companies rose by Rs 72,284.74 crore last week, with Tata Consultancy Services (TCS) and Infosys emerging as the biggest gainers.While Bharti Airtel, TCS, ICICI Bank, Infosys and Bajaj Finance were the gainers, Reliance Industries, HDFC Bank, State Bank of India, Larsen & Toubro […]
The combined market valuation of seven of the top 10 most valued companies rose by Rs 96,200.95 crore last week, with Reliance Industries and Bajaj Finance stealing the show, coupled with a bullish trend in equities.Last week, the benchmark BSE rose 474.75 points or 0.55 percent. On Thursday, the Sensex hit an all-time high of […]
The combined market valuation of seven of the top 10 most valued companies rose by Rs 1,28,281.52 crore last week, with Reliance Industries and Bharti Airtel emerging as the biggest gainers, in line with a positive trend in equities.Last week, the benchmark BSE rose 669.14 points or 0.79 percent. While Reliance Industries, HDFC Bank, Bharti […]
The combined market valuation of eight of the top 10 most valued companies rose by Rs 2,05,185.08 crore last week, with Bharti Airtel and Reliance Industries emerging as the biggest gainers.Last week, the BSE Sensex rose 1,346.5 points or 1.62 percent and the NSE Nifty rose 417.75 points or 1.64 percent. Markets staged a strong […]
State-owned insurer Life Insurance Corporation of India (LIC) on Thursday reported 31% year-on-year growth in its consolidated net profit in the second quarter at Rs 10,098 crore, compared to Rs 7,728 crore in the same period a year ago. The company’s net premium income in the quarter stood at Rs 1,26,930 crore, up 5.5% from […]
Life Insurance Corporation of India (LIC) will announce its September quarter results on Thursday, with the country’s largest life insurer expected to report a 10% year-on-year decline in its Annual Premium Equivalent (APE) – a key sales metric. The range is pegged at Rs 14,840 crore to Rs 16,380 crore as per four brokerage estimates. […]
