LIC
According to the LIC DRHP filed with SEBI, LIC is the largest life insurer in India, with a 64.1% market share in terms of premiums (or GWP), a 66.2% market share in terms of New Business Premium (or NBP), a 74.6% market share in terms of number of individual policies issued, a 81.1% market share in terms of number of group policies issued for Fiscal 2021, as well as by the number of individual agents, which comprised 55% of all individual agents in India as at March 31, 2021.
LIC’s individual products comprise (i) participating insurance products and (ii) non-participating products, which include (a) savings insurance products; (b) term insurance products; (c) health insurance products; (d) annuity and pension products; and (e) unit linked insurance products. Group products comprise (i) group term insurance products, (ii) group savings insurance products; (iii) group savings pension products; and (iv) group annuity products. As at September 30, 2021, our Corporation’s group product portfolio in India comprised 10 group products.
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LIC
The Parliament of India passed the Life Insurance Corporation Act on the 19th of June 1956, and the Life Insurance Corporation of India was created on September 1, 1956, with the objective of spreading life insurance much more widely and in particular to the rural areas with a view to reach all insurable persons in the country, providing them adequate financial cover at a reasonable cost.According to the LIC DRHP filed with SEBI, LIC is the largest life insurer in India, with a 64.1% market share in terms of premiums (or GWP), a 66.2% market share in terms of New Business Premium (or NBP), a 74.6% market share in terms of number of individual policies issued, a 81.1% market share in terms of number of group policies issued for Fiscal 2021, as well as by the number of individual agents, which comprised 55% of all individual agents in India as at March 31, 2021.LIC’s individual products comprise (i) participating insurance products and (ii) non-participating products, which include (a) savings insurance products; (b) term insurance products; (c) health insurance products; (d) annuity and pension products; and (e) unit linked insurance products. Group products comprise (i) group term insurance products, (ii) group savings insurance products; (iii) group savings pension products; and (iv) group annuity products. As at September 30, 2021, our Corporation’s group product portfolio in India comprised 10 group products.
We don't even know where LIC's office is: Rajesh Exports chief amid regulatory heat
Rajesh Exports Chairman Rajesh Mehta clarified LIC's investment in his company, stating the insurer bought shares over two decades from the open market. He asserted neither promoters nor the company benefited from LIC's stake, emphasizing that ordinary retail shareholders are the ultimate gainers, regardless of LIC's potential losses or exit.
LIC in talks with regulators on long-term instruments to match growing liabilities: CEO
Life Insurance Corporation of India is working with regulators like the Reserve Bank and Sebi. This is to increase long-term investment options. Inflows into LIC's annuity products are growing. The company is also considering a fintech arm. LIC is prepared for further stake dilution by the government. The government is focused on listing requirements.
LIC buys Maruti Suzuki shares worth Rs 68 crore, insurer's stake in automaker crosses 5%
Life Insurance Corporation of India (LIC) has increased its stake in Maruti Suzuki above the 5% threshold after purchasing 51,750 shares through a market transaction. The move comes amid a decline in Maruti Suzuki's stock this year and reflects LIC's continued investment activity despite market volatility.
Congress questions LIC's 10.8% stake in SEBI-probed Rajesh Exports
SEBI has barred Rajesh Exports promoter and CEO Rajesh Mehta from trading securities. The regulator alleges a gigantic scam involving misrepresentation of revenues and fund diversion. LIC holds a significant stake in Rajesh Exports, raising questions about its acquisition. Investigations are ongoing, and a new forensic auditor will be appointed.
Life insurers' premium income up 19% in Apr-May
Life insurance premiums surged 19% to ₹62,581 crore in April-May, fueled by strong individual policy sales and improved retail demand post-GST exemption. Both LIC and private players saw healthy gains, with overall policy numbers rising 5%. This growth highlights renewed customer interest in savings and protection products.
LIC plans foray in fintech space, strategic investment also on table: CEO Doraiswamy
Insurance giant LIC is exploring a fintech arm to boost digital capabilities. The company is also prepared for potential further stake dilution by the government. LIC has recently rewarded shareholders with a bonus issue and increased dividend. The company reported a significant net profit increase for the March quarter.
LIC shares slip after Sebi's crackdown on Rajesh Exports. What's the connection?
Regulator Sebi has issued an interim order against Rajesh Exports and its promoter, Rajesh Mehta. The company faces allegations of significant financial irregularities and non-cooperation. Sebi's findings suggest a large portion of reported revenue may have been inflated. This development has led to a decline in Rajesh Exports' shares and impacted LIC's stock.
Did LIC shares really crash 50% in one day? Here's how the bonus math works
LIC shares appeared to fall nearly 50% on Friday after adjusting for its first-ever 1:1 bonus issue, though the actual decline was only around 1.5%. The insurer issued one bonus share for every existing share held by eligible shareholders, with May 29 fixed as the record date for the corporate action.
LIC looks to improve return from real estates, to explore option of separate subsidiary
In the recent past, he said LIC has initiated a comprehensive review of its real estate portfolio to assess the returns and yields it generates, and to identify opportunities for further optimisation and improvement.
LIC launches revamped Jeevan Sathi policy
LIC has introduced a new Jeevan Sathi plan. This plan provides both savings and protection. It is a joint life policy covering a married individual and their spouse. The minimum sum assured is Rs 3,00,000. The minimum entry age is 18 years. The maximum entry age depends on the chosen plan option.
Insurance sector may face impact if West Asia crisis prolongs: LIC chief Doraiswamy
The insurance sector may face moderation if the Middle East crisis persists, potentially reducing people's income and impacting spending and saving patterns, according to LIC CEO R Doraiswamy. He also stated that LIC is prepared for further stake dilution by the Centre, awaiting the right market conditions. LIC recently reported a 23% increase in net profit for the March quarter.
Govt plans up to 2% LIC stake sale, may raise Rs 10,000 crore
The government plans to sell up to a 2% stake in LIC, potentially raising Rs 10,000 crore. This move aims to deepen public shareholding amid improving profitability. The stake sale is likely in late June or early July. Merchant bankers were appointed last year. This divestment will help meet the government's asset monetisation target.
An Indian gold firm allegedly inflated revenue by $159 billion using its Swiss unit
Indian investigators allege Rajesh Exports overstated its Swiss unit Valcambi's revenue by a staggering $159 billion. SEBI's preliminary findings also point to missing documentation for African mine investments and fictitious trades. The company denies wrongdoing, calling the revenue interpretation misplaced. Shares fell following the probe's announcement.
LIC shares drop 4% on Rs 10,000 crore govt stake sale buzz
LIC shares fell as much as 4% on Wednesday after a report said the government may begin formal marketing next month for a proposed stake sale worth up to Rs 10,000 crore. According to Bloomberg, the Centre plans to sell around a 2% stake in the insurer in late June or early July, with DIPAM working alongside investment bankers on the transaction.
LIC 1:1 bonus bonanza: Is today the last day to buy shares for free rewards?
Life Insurance Corporation of India announces its first-ever bonus issue. Shareholders will receive one bonus share for every share held. The record date is May 29. Investors must purchase LIC shares by May 27 to be eligible for this corporate action. This move aims to enhance share affordability and liquidity for its extensive shareholder base.
SBI pays Rs 8,813 crore dividend to government for FY26, FM Nirmala Sitharaman receives cheque
The State Bank of India (SBI) presented a dividend cheque of Rs 8,813 crore to the government for the financial year ending March 31, 2026. This follows SBI's reported 6% year-on-year rise in net profit for the January-March quarter of FY26, reaching Rs 19,684 crore.
Shiv Sena (UBT) MP Sanjay Raut challenges PM Modi to hold press conference
Shiv Sena leader Sanjay Raut has challenged PM Narendra Modi to a press conference. Raut wants the Prime Minister to detail his 12 years in office. He stated that Modi cannot match the work done by former Prime Minister Jawaharlal Nehru. Raut also commented on the INDIA bloc's potential Prime Ministerial candidate, suggesting any common person could lead.
The curious case of Rajesh Exports: Massive revenues, meagre profits
India's fourth-largest company, Rajesh Exports, faces a Sebi probe for alleged financial fraud. Investigations point to accounting irregularities and siphoning of funds. The company's top management claims ignorance of overseas operations, attributing them to promoter Rajesh Mehta. Auditors also faced scrutiny for their conduct during the investigation.
LIC 1:1 bonus share explained: What 21 lakh shareholders need to know before buying on record date
LIC has set May 29 as the record date for its maiden 1:1 bonus share issue, rewarding shareholders with one free share for each held. This move, capitalizing reserves, aims to boost liquidity. Investors must purchase shares by May 27 to be eligible for this significant corporate action.
LIC shares gain 6% in two sessions. Should you buy ahead of the 1:1 bonus issue?
LIC shares climbed 4% on Monday, extending gains for a second straight session and taking the two-day rally to 6%. The stock gained momentum after the insurer announced a 1:1 bonus issue alongside its Q4 results last week. LIC has fixed May 29 as the record date to determine shareholder eligibility for the bonus share allotment.
Rajesh Exports denies wrongdoing, says SEBI order stems from 'confusion' over Valcambi revenues
Rajesh Exports has responded to SEBI's interim order, denying allegations of revenue misrepresentation. The company states its reported revenues are accurate and genuine. It attributes the alleged discrepancy to SEBI's confusion between EBITDA and revenue for its Swiss subsidiary, Valcambi SA. Rajesh Exports is providing documentation to address SEBI's concerns and expects to clear all suspicions.
Mcap of 7 of top-10 valued firms erodes by Rs 1.54 lakh cr; Reliance takes biggest hit
In a holiday-shortened last week, the BSE benchmark Sensex dropped 639.61 points, or 0.84 per cent, and the NSE Nifty declined 171.55 points, or 0.72 per cent.
LIC introduces New Jeevan Sathi joint life plans: Check features, guaranteed additions and benefits
LIC new plans 2026: Life Insurance Corporation of India has launched two new joint life insurance savings plans, LIC’s New Jeevan Sathi Single Premium and LIC’s New Jeevan Sathi Limited Premium. These non-par, non-market linked plans offer couples financial protection and long-term savings with guaranteed additions and fixed benefits, ensuring certainty on returns and payouts.
India said to prepare Rs 10,000 crore LIC stake sale next month
India is preparing to launch a new share sale for Life Insurance Corporation of India next month. This offering could bring in as much as Rs 10,000 crore. The government intends to sell a stake of approximately 2% to institutional investors. This move is part of ongoing efforts to increase public shareholding in the state-run insurer.
Hindustan Zinc shares tumble 5% to 6-week low after report of govt's plan to sell 2% stake for Rs 5,000 crore
Hindustan Zinc shares fell sharply on Friday after a report said the government may sell up to a 2% stake in the company to raise around Rs 5,000 crore. The proposed divestment comes amid broader disinvestment efforts, with recent stake sales in Coal India and NHPC.
Rajesh Exports founder denies fund diversion in ACC Energy, says SEBI misread accounting entries
Rajesh Exports Chairman Rajesh Mehta refutes SEBI's fund diversion claims. He states accounting entries were misunderstood. The company faces potential removal from the Rs 18,100 crore ACC Production-Linked Incentive scheme. SEBI's order flagged a circular fund-routing scheme. The company's participation in the battery manufacturing programme is under review.
LIC emerges as highest profit-making financial company in March quarter
Life Insurance Corporation of India has achieved the highest profit in the Indian financial sector for the March quarter. The company reported a significant jump in net profit. State Bank of India and HDFC Bank followed with substantial profits. LIC's assets under management and premium income also saw growth. Vodafone Idea recorded a record quarterly profit due to statutory relief.
NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opens
The government is set to launch an Offer for Sale (OFS) to divest up to 3% of its stake in NLC India, valued at approximately Rs 1,263 crore. The OFS opens for non-retail investors on June 9, with a floor price of Rs 303 per share, a discount to its previous closing price.
NLC India drops 3% even as gov OFS draws robust institutional demand; retail window opens today
NLC India shares fell sharply on Wednesday even as the government's Offer for Sale (OFS) attracted strong demand from institutional investors, with bids worth Rs 4,158 crore on day one. The Centre has exercised the oversubscription option, taking the total stake sale size to Rs 1,263 crore.
LIC emerges as highest profit-making financial company in Jan-Mar quarter
Last week, LIC reported a 23 per cent jump in net profit to record Rs 23,420 crore in the just concluded March quarter as compared to Rs 19,013 crore in the corresponding period of the previous year..
Rajesh Exports shares hit 5% lower circuit for 2nd day; firm cites 'communication gap' after Sebi order
Rajesh Exports shares tumbled for a second consecutive session on Friday, taking the two-day decline to about 10%, after Sebi's interim order alleged large-scale financial irregularities. The regulator said its investigation and forensic review found prima facie evidence that 97-99% of the company's reported revenue may have been inflated.
Who is Rajesh Mehta, man behind Rajesh Exports, facing SEBI ban over alleged Rs 15.15 lakh crore 'fraud' impacting LIC, others?
Market regulator SEBI has taken action against Rajesh Exports and its Chairman Rajesh Mehta. The company faces allegations of significant financial misstatements and fund diversion. SEBI's order points to a pattern of non-genuine transactions and questionable accounting. This action raises serious concerns about the company's financial reporting and corporate governance practices.
RBI holds repo rate, but for how long will relief for home loan borrowers continue?
The RBI’s decision to keep the repo rate unchanged at 5.25% has provided relief to home loan borrowers, but rising inflation could trigger future rate hikes and costlier EMIs. Borrowers can reduce interest burden through strategies such as home loan prepayments, paying an extra EMI annually, or refinancing at lower rates. These methods can save lakhs in interest and significantly shorten loan tenure.
LIC shares jump 5% after Q4 results, first-ever bonus issue. Here's what brokerages say
LIC shares jumped around 5% on Friday after the state-run insurer announced its first-ever 1:1 bonus issue and a Rs 10 dividend, alongside strong Q4 results. Consolidated net profit rose 23% year-on-year to Rs 23,467 crore, while net premium income increased 12% to Rs 1.65 lakh crore. For FY26, net profit climbed over 19% and AUM crossed Rs 57 lakh crore.
LIC profit rises 23% in March quarter on all-round show
Life Insurance Corp announced a strong March quarter profit, up 23% to ₹23,467 crore. This growth was fueled by increased premiums and investment income. For the full year, profit after tax rose 19%. The company anticipates geopolitical tensions may affect savings flows. LIC is focusing on protection products and expects continued double-digit growth in new business premiums.
LIC Q4 Results: Profit rises 23% YoY to Rs 23,467 crore; co declares Rs 10 per share dividend
LIC Q4 Results: State-owned Life Insurance Corp (LIC) reported a 23% year-on-year (YoY) growth in its consolidated net profit at Rs 23,467 crore in the fourth quarter of FY26, compared with Rs 19,039 crore in the last-year period.
LIC to announce Q4 results today: Here's what to expect from the insurance behemoth
Life Insurance Corp (LIC) is poised to reveal its March quarter earnings today. Investors are keenly awaiting insights into new business growth, profit margins, and market share trends amidst escalating competition. Brokerages anticipate robust premium growth, driven by a favorable product mix and a strategic shift towards non-participating policies, signaling a positive outlook for the insurance giant.
Non-banks increase microfinance share amid muted demand
The overall microfinance gross loan portfolio stood at ₹3.34 lakh crore at the end of April, down from ₹3.39 lakh crore a month ago, said the credit information company.
Trent nears record date for 1:2 bonus issue: Should you buy shares for bonus reward? Here’s what experts say
Trent's bonus share issue is approaching its record date of June 4. The company will issue one bonus share for every two held. Analysts suggest investors should not buy Trent shares solely for the bonus. Focus should remain on the company's growth and earnings potential. Trent's stock has seen a decline over the past year but shows strong long-term gains.
India insurers seek doubling of tax-free limit for some products to boost inflows, sources say
Indian life insurers are asking the government to double the tax-free limit for insurance policies. This move aims to increase money flowing into these funds. Inflows have slowed down since new tax limits were introduced in February 2023. Higher inflows would support government borrowing needs for long-term projects. The Life Insurance Council has formally requested this change.
Dividends, bonus issues: TCS, LIC, Bajaj Auto among 30 stocks turning ex-date this week. Check details
Investors must hold shares of these companies in their demat accounts on the record date to be eligible for the respective corporate actions. The list remains tentative, as more companies may announce record dates for dividends, bonus issues and stock splits during the week.
Dividend alert! Last date to buy Bajaj Auto, GSK Pharma and 10 other stocks for solid payouts. Details here
Twelve companies are set to go ex-dividend on Friday, offering shareholders payouts totaling over Rs 250. Bajaj Auto leads with a Rs 150 per share dividend, while GSK Pharma and others also announce payouts. Investors must own shares by Friday to be eligible for these dividends and LIC's bonus issue.
LIC bonus issue: Insurance behemoth gets shareholders' approval for 1:1 issue. Check details
Life Insurance Corporation of India (LIC) said shareholders approved its 1:1 bonus issue with overwhelming support. The insurer disclosed voting results, key managerial appointments and market movement following the announcement. It outlined record date conditions, bonus issuance details, financial impact, dividend history and upcoming quarterly results scheduled for May 21.
HDFC Bank denies allegations of disguising interest payout
HDFC Bank stands resolutely against accusations of misconduct as an investigative report alleges that it masked differential interest payments to MSRDC as part of its marketing budget. The bank emphasizes its stringent internal controls and refutes any speculation of wrongdoing.
ITC dividend alert! Last date to buy FMCG major’s shares for Rs 8 dividend. Do you own?
ITC has set May 27 as the record date for its final dividend of Rs 8 per equity share for FY26, making today the last chance for investors to buy shares for eligibility. This marks the largest dividend in nearly six years, with the total payout for FY26 reaching Rs 14.50 per share.
LIC announces 1:1 bonus issue, sets May 29 as record date
LIC announced a 1:1 bonus issue, setting May 29 as the record date for eligibility. This follows Q4 earnings showing a 23% YoY rise in consolidated net profit, reaching Rs 23,467 crore. A final dividend of Rs 10 per share for FY 2025-26 was also recommended.
Central Bank of India well-positioned to surpass Rs 5,000 cr profit in FY27: MD Kalyan Kumar
Central Bank of India targets Rs 5,000 crore annual profit during this fiscal year. A new tax regime offers a significant boost. The bank plans 150 new branches and hiring 1,400 employees. Customer centricity, HR transformation, and technology are key drivers. Enhanced cybersecurity builds customer trust. These steps position the bank for a crucial role in India's economy.
Stocks in news: ITC, LIC, Sun Pharma, Maruti Suzuki, Fino Payments Bank
Benchmark indices experienced a negative close on Thursday, marked by volatile trade and profit booking. Analysts anticipate the Nifty to continue its consolidation between 23,200 and 23,900. Several companies, including ITC, LIC, Sun Pharma, Maruti Suzuki, and Fino Payments Bank, are in focus due to Q4 results and other developments.
HDFC Bank Share Price Live Updates: LIC emerges as highest profit-making financial company in March quarter
Discover the HDFC Bank Stock Liveblog, your go-to destination for real-time updates and comprehensive analysis of a top-performing stock. Keep track of HDFC Bank's latest details, including: Last traded price 758.65, Market capitalization: 1167817.89, Volume: 63680153, Price-to-earnings ratio 15.36, Earnings per share 49.39. Our liveblog offers a holistic view of HDFC Bank by examining both fundamental and technical indicators. Stay ahead of market trends with breakingnews that can impact HDFC Bank's performance. Our market analysis and expert opinions provide valuable insights to guide your investment decisions. Join us on the HDFC Bank Stock Liveblog and stay informed in this dynamic market landscape. The data points are updated as on 09:57:33 PM IST, 27 May 2026
Bonus issue alert! Goldiam International announces 1:3 bonus reward for shareholders. Check details
Goldiam International approved a 1:3 bonus issue alongside its Q4FY26 results, marking its first bonus issue in around 21 years. The company reported a 61% year-on-year rise in quarterly profit and over 18% revenue growth, driven by strong bridal jewellery demand despite tariff uncertainties and volatile gold prices.
Priority sector lending boosts inclusion, not always guarantee growth: EAC-PM
India's priority sector lending has aided financial inclusion for decades. However, a recent report suggests that simply increasing directed credit might not lead to higher economic growth. The analysis indicates that while these policies have helped reduce poverty, forcing credit into poorer districts may be inefficient. Priority Sector Lending Certificates help banks manage risks associated with these loans.
Zydus Lifesciences buyback alert! Last date to buy shares to participate in Rs 1,100 crore buyback at 7% premium
Investors must purchase Zydus Lifesciences shares by Wednesday, May 27, to be eligible for the Rs 1,100 crore buyback, as the record date is May 29. The company approved buying back up to 95.65 lakh shares at Rs 1,150 each, a 7% premium. This follows strong Q4 results and a dividend recommendation.
Ahead of Market: 10 things that will decide stock market action on Wednesday
Domestic equity benchmarks ended lower on Tuesday, snapping a three-session rally amid profit booking in financial, realty and consumer stocks. Analysts said Nifty may remain positive above key support levels despite near-term weakness, while broader market sentiment stayed mixed with selective buying interest.
Cautious on valuations, bullish on insurance and IT: How Nilesh Shetty is positioning for the next 12 months
A cautious Nilesh Shetty of Quantum Advisors warns of a possible earnings disappointment in the next three to six months, citing El Niño risks, IT job losses, and unabsorbed cost pressures. Despite the caution, he sees deep value in private banks, insurance, and large-cap IT. He is trimming metals, autos, and power stocks, which he considers overvalued.
We are ambitious and working to become a top 5 private bank again: Vinay Tonse, MD & CEO, Yes Bank
Yes Bank is embarking on an ambitious journey to enhance its foundational elements—people, processes, products, and technology. With a keen eye on both corporate and retail sectors, the bank is committed to fostering resilient growth. While it remains vigilant about lending to MSMEs in light of geopolitical uncertainties, there's currently no sign of distress.
Rahul Shah bullish on pharma, sees Sun Pharma and Aurobindo as key large-cap plays
Indian equity markets show a mixed but improving consumption trend, with selective FMCG and premium retail outperforming. Page Industries is highlighted as a strong recovery story, while Nykaa and Honasa are viewed cautiously. The pharma sector continues its outperformance, with Sun Pharma and Aurobindo Pharma looking attractive.
Ahead of Market: 10 things that will decide stock market action on Tuesday
Indian equity benchmarks extended gains for a third consecutive session as strong buying in banking, financial, energy and auto stocks lifted market sentiment. Analysts signalled bullish technical momentum for Nifty, while broader market breadth, lower volatility and strong participation across sectors supported the rally.
Stocks in news: ITC, Nykaa, Lenskart, Ola Electric, IndusInd Bank
Markets saw a volatile session with Nifty trading below the 23,800-24,000 resistance zone, though select heavyweight buying limited downside. Several companies like ITC, Nykaa, and IndusInd Bank are in focus due to Q4 results and news developments, including Lenskart's profit decline and Dr. Reddy's new diabetes drug launch.
Hospitals and LIC Housing are the best bottom-up bets right now, says Varun Saboo
Markets face a tricky situation with rising crude oil, a weakening rupee, and increasing global interest rates. Varun Saboo advises ignoring sector calls and focusing on safe, stock-specific investments. He highlights the hospital sector for its operating leverage and LIC Housing for its structural advantage. Investors should seek businesses with clear earnings and reasonable valuations.
Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus
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