Trichy: Cyber fraudsters posing as govt officials have cheated a 59-year-old man of 25 lakh by threatening to take action against him in a fake money laundering case.Trichy cybercrime police said the man, native of Trichy city, was a former employee of LIC in Thanjavur. On Apr 9, he received a call from an unknown man posing as a Telecom Regulatory Authority of India (TRAI) official. The fraudster alleged that the man had laundered 37 crore through his Canara Bank account and threatened that…
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Category: LIC
LIC officer loses ₹25 lakh to impersonators
Impersonators claiming to be officers of the CBI and the Telecom Regulatory Authority of India have extorted ₹25.48 lakh from an Investigating Officer of the Life Insurance Corporation (LIC) of India. On April 9, a caller introduced himself as a TRAI officer and accused the LIC Investigating Officer of having indulged in money laundering by opening an account in a nationalised bank and told him that the CBI was set to investigate him. Soon, another caller contacted him claiming to be from…
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Stocks To Watch: Bajaj Finance, IndiGo, Tech Mahindra, IndusInd Bank, Tata Steel, LIC, Maruti Suzuki, HCL Technologies, Aster DM Healthcare – Market News
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a lacklustre opening on Friday. Here’s a look at the key stocks to watch in trade.
Stocks in Focus: GIFT Nifty traded up by 25 points or 0.11% at 22,680 indicating a lacklustre opening for domestic indices NSE Nifty 50 and BSE Sensex on Friday. Previously, on Thursday, the NSE Nifty 50 ended up by 167.95 points or 0.75% to settle at 22,570.35 while the BSE gained 486.50 points or 0.66% to…
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LIC cuts stake in 16 PSU stocks as portfolio soars to Rs 14 lakh crore
India’s largest domestic institutional investor Life Insurance Corporation of India (LIC) has reduced ownership in at least 80 stocks, including 16 PSUs, in the March quarter with the market value of its portfolio surging to Rs 14 lakh crore.LIC was seen cutting stakes in BHEL, SAIL, Coal India, Oil India, Mahanagar Gas, MOIL, SBI, Canara Bank, HPCL, NMDC Steel, NMDC, Shipping Corporation, IOC, Container Corporation Of India, ONGC and NTPC in Q4, shows data pulled from ACE…
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Mere Insurance Proposal Does Not Amount To Acceptance Even If Initial Premium Is Paid, Solan District Commission Dismisses Complaint Against PNB Metlife LIC Ltd.
The District Consumer Disputes Redressal Commission, Solan (Himachal Pradesh) bench comprising D.R. Thakur (President), Vijay Lamba (Member) and Neelam Gupta (Member) dismissed a consumer complaint against PNB Metlife LIC Ltd. The bench observed that the insurance company received the premium. However, the acceptance of the insurance policy was not conveyed to the insured. Therefore,…The District Consumer Disputes Redressal Commission, Solan (Himachal Pradesh) bench comprising D.R. …
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Want To Sell Insurance? Know How To Become A LIC Agent
Life Insurance Corporation of India is the largest state-owned insurance company in India, offering various insurance products and services to individuals and groups. Established in 1956, LIC plays a crucial role in the Indian insurance sector and is known for its wide network of agents and offices across the country.While becoming a Life Insurance Corporation of India (LIC) agent can offer various benefits, it’s important to note that success in this role requires dedication, good…
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LIC cautions against fraudulent social media ads: ‘We wish to alert public’
Life Insurance Corporation (LIC) warned the public against certain individuals/entities engaging in fraudulent advertising practices on social media platforms. LIC said that these ads have been misusing the image of senior officials and the brand name and logo of the company. An exterior view of Life Insurance Corporation of India’s (LIC) headquarters, in Mumbai.(Reuters) In a post on X (formerly Twitter), LIC advised policyholders and public to exercise caution and verify the…
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LIC Warns Public Against Misleading Social Media Ads Misusing Its Brand
Life Insurance Corp. on Wednesday cautioned the public against certain individuals/entities engaging in fraudulent advertising practices on social media platforms by misusing the image of senior officials and the brand name and logo of the company. In a post on X (formerly Twitter), LIC asked its policyholders and the public to exercise caution and verify the authenticity of any such advertisements. ‘It has come to our attention that certain individuals and/or entities are engaging in…
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LIC cautions against fraudulent social media ads: ‘We wish to alert public’
Life Insurance Corporation (LIC) warned the public against certain individuals/entities engaging in fraudulent advertising practices on social media platforms. LIC said that these ads have been misusing the image of senior officials and the brand name and logo of the company. An exterior view of Life Insurance Corporation of India’s (LIC) headquarters, in Mumbai.(Reuters) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} In a post on X…
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LIC-backed multibagger penny stock at Rs 3.78 hit back-to-back upper circuits; PAT zooms over 700 per cent!
The stock is up by 48 per cent from its 52-week low of Rs 2.55 per share and gave multibagger returns of 320 per cent in just 2 years and a whopping 845 per cent in 5 years.
On Wednesday, both major Indian indices were trading in green, with the Sensex Index up by 0.21 per cent and the Nifty-50 Index up by 0.20 per cent. Along with the market in green, a remarkable multibagger from the FMCG sector, supported by the…
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