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Union Cabinet Allows Up to 20 Per Cent Foreign Direct Investment In IPO-Bound LIC: Report

Union Cabinet Allows Up to 20 Per Cent Foreign Direct Investment In IPO-Bound LIC: Report
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New delhiNarendra modiLife insurance corporation onUnion cabinet onUnion cabinetPrime minister narendraLife insurance corporationCoal indiaReliance powerPm modi

Cabinet likely to consider proposal for FDI in IPO-bound LIC tomorrow

The Department for Promotion of Industry and Internal Trade (DPIIT) has mooted the proposal after taking views from the finance ministry.

Union cabinetLife insurance corporation onLife insurance corporation of indiaDepartment for promotion of industryInternal tradeLife insurance corporationCoal indiaReliance powerLic ipoFdi in lic ipoDepartment for promotion of industry and internal trade

Stage set for historic LIC IPO: Govt files draft papers to sell 5 pc for around Rs 63,000 crore

Setting the stage for the country’s biggest ever public offering, Life Insurance Corporation on Sunday filed draft papers with capital market regulator Sebi for the sale of 5 per cent stake by the government for an estimated Rs 63,000 crore.

New delhiTuhin kanta pandeyCitigroup global markets india pvt ltdDepartment of investmentCabinet committee on economic affairsLife insurance corporation onAir indiaGoldman sachs india securities pvt ltdSecurities india pvt ltdLife insurance corporationPublic asset managementSecretary tuhin kanta pandeyCoal indiaReliance powerInsurance corporationKotak mahindra capital

LIC launches new savings plan Bachat Plus

LIC launches new savings plan Bachat Plus LIC launches new savings plan Bachat Plus MUMBAI: Life Insurance Corporation on Monday said it has introduced a new policy, Bachat Plus that offers a combination of protection and savings. The plan, with a five-year maturity, provides financial support for the family of the deceased policy holder any time before maturity and a lump sum amount at the time of maturity for the surviving policy holder, the company said. It gives an option to choose ‘sum assured on death’ for both single premium and limited premium payment modes. If the policyholder dies after the completion of policy but before the stipulated date of maturity, the sum assured on death will be paid along with loyalty addition.

Life insurance corporation onLife insurance corporationBachat plusவாழ்க்கை காப்பீடு நிறுவனம் ஆன்வாழ்க்கை காப்பீடு நிறுவனம்பச்சாட் ப்லஸ்