Four Of Top 10 Valued Firms Add Rs 1.71 Lakh Cr To Mcap; HDFC Bank, LIC Lead Gainers | Markets News

[ad_1] New Delhi: Four of the top 10 valued firms added Rs 1,71,309.28 crore to their market valuation last week with HDFC Bank and Life Insurance Corporation of India (LIC) emerging as the biggest gainers in line with an overall positive trend in equities. On the other hand, six companies from the top 10 … Read more

Market Valuation Of 5 Of Top 10 Firms Tanks Rs 2.23 Lakh Crore; Reliance, LIC Biggest Laggards | Markets News

[ad_1] New Delhi: Five of the top 10 valued firms faced a combined erosion of Rs 2,23,660 crore from their market valuation last week, with Reliance Industries and Life Insurance Corporation of India taking the steepest hit amid an overall bearish trend in equities. Last week, the BSE benchmark tanked 1,475.96 points or 1.99 percent. … Read more

Big Bonanza For LIC Employees; Government Approves 17% Wage Hike | Personal Finance News

[ad_1] New Delhi: Ahead of the Loksabha elections and the Holi, the government has brought good news for LIC employees. Effective August 2022, Life Insurance Corporation of India personnel are set to receive a 17 percent wage hike. The decision comes after a DA hike for central and many state employees. Number Of Employees That … Read more

LIC Housing Finance Hopes To Earn Rs 5,000 Cr Profit In FY24 | Companies News

[ad_1] New Delhi: LIC Housing Finance, the mortgage arm of insurance behemoth LIC, is expecting a net profit of Rs 5,000 crore in the current financial year on the back of robust loan demand and expansion in non-core business. The non-core business includes Loan Against Property (LAP) and affordable housing finance, LIC Housing Finance … Read more

LIC Introduces New Plan For Children; Check Key Features, Eligibility, Maturity And Other Benefits | Personal Finance News

[ad_1] New Delhi: The Life Insurance Corporation of India (LIC) has recently launched “Amritbaal,” a traditional endowment policy aimed at parents seeking to secure their children’s higher education expenses over the long term. This non-linked, non-participating policy is designed to provide financial stability and support for parents planning for their children’s future educational needs. LIC … Read more

Mcap Of 4 Most Valued Firms Jumps Rs 2.18 Lakh Cr; LIC, SBI Lead Gainers | Economy News

[ad_1] New Delhi: Four of the top-10 most valued firms together added Rs 2.18 lakh crore in market valuation last week, with Life Insurance Corporation and State Bank of India emerging as the biggest gainers. From the top-10 pack, Reliance Industries, Tata Consultancy Services (TCS), Life Insurance Corporation of India (LIC) and SBI were … Read more

Mutual Funds Holding In NSE Companies At All-Time High | Markets News

[ad_1] New Delhi: The share of domestic Mutual Funds (MFs) in companies listed on NSE rose to an all-time high of 8.81 per cent as on December 31, 2023, from 8.73 per cent as on September 30, 2023, powered by strong net inflows of Rs 58,198 crore during the quarter, as per Primeinfobase, an initiative … Read more

LIC Unveils Jeevan Dhara II: Check Benefits, Features, And More | Personal Finance News

[ad_1] New Delhi: Life Insurance Corporation of India (LIC) has introduced a new saving and annuity plan named Jeevan Dhara II, offering a secure alternative for individuals hesitant about market risks. Unveiled by LIC Chairman Siddhartha Mohanty on January 19, the plan opens for applications starting January 22, 2024. Tailored as an individual, savings, deferred … Read more