This LIC-backed multibagger stock bags new order worth Rs 15,000 crore!

















Shares of the company have gained more than 110 per cent in the last six months.




Bharat Heavy Electricals Limited (BHEL) has received a major boost with a Letter of Award (LOA) from NLC India Limited for the Engineering, Procurement, and Construction (EPC) package of the 3×800 MW NLC Talabira Thermal Power Project (NTTPP) in Odisha. This landmark contract, valued at over Rs 15,000 crore, marks a significant win for BHEL…
Read More…

Source: https://www.dsij.in/dsijarticledetail/rs-101461-crore-order-book-this-lic-backed-multibagger-stock-bags-new-order-worth-rs-15000-crore

Reliance Home Finance, M&M, Infosys, TCS, Nykaa, Tata Power, LIC and others in news

Reliance Home Finance: Prashant Utreja has ceased to be the Chief Executive Officer and key managerial personnel of the company as he resigned with effect from January 11.

Mahindra and Mahindra: Mahindra and Mahindra: The automobile company recorded production of 44,348 units in December 2023, down 2.1 percent compared to a year-ago period. Total sales grew by 8.9 percent YoY to 58,369 units, but exports dropped sharply by…
Read More…

Source: https://www.moneycontrol.com/news/photos/business/stocks/buzzing-stocks-reliance-home-finance-mm-infosys-tcs-nykaa-concorp-tata-power-lic-and-others-in-news-12037731.html/amp

Access Denied

Access Denied

You don’t have permission to access “http://www.businesstoday.in/amp/personal-finance/investment/story/im-37-invest-rs-17k-monthly-in-lic-jeevan-umang-with-rs-1-crore-term-insurance-should-i-continue-with-lic-or-switch-to-mutual-fund-sips-412946-2024-01-12” on this server.
Reference #18.157a2b17.1705092804.168a6eb6

Read More…

Source: https://www.businesstoday.in/amp/personal-finance/investment/story/im-37-invest-rs-17k-monthly-in-lic-jeevan-umang-with-rs-1-crore-term-insurance-should-i-continue-with-lic-or-switch-to-mutual-fund-sips-412946-2024-01-12

LIC gets IT demand notices worth Rs 3,529 crore, CFO News, ETCFO

The corporation has received orders from Income Tax authorities regarding Income Tax demand issued by Assistant Commissioner of Income Tax, Mumbai, LIC said in a regulatory filing. LIC would file an appeal before the Commissioner (Appeals), Mumbai, against the said orders within the prescribed timelines, it said.


Read More…

Source: https://cfo.economictimes.indiatimes.com/amp/news/tax-legal-accounting/lic-gets-it-demand-notices-worth-rs-3529-crore/106748240

LIC Gets Rs 3,529 Crore GST Demand Notice From Mumbai Tax Authority

Life Insurance Corp. has received a Goods and Services Tax demand notice of Rs 3,529 crore from the tax authorities in Mumbai.The notice will not impact the finances or other operations of the company, it said in its exchange filing on Thursday. It will file an appeal before the Commissioner of Income Tax. On Jan. 5, the insurance company had received a demand notice of Rs 382 crore from the tax authorities of Gujarat for GST collection, along with interest and penalties for FY18 and FY19.On…
Read More…

Source: https://www.ndtvprofit.com/amp/law-and-policy/lic-gets-rs-3529-crore-gst-demand-notice-from-mumbai-tax-authority

LIC opens stall at exhibition

Update: 2024-01-11 14:29 ISTHyderabad: Life Insurance Corporation of India (LIC) has opened its stall at All India Industrial Exhibition, being held at Nampally, Hyderabad. LK Shamsunder, Zonal Manager, inaugurated the stall in a brief function held on Wednesday. LIC customers and others can avail of services through this stall.Speaking on this occasion, LK Shamsunder explained the new products launched and also shared the new initiatives taken by the corporation to provide the best…
Read More…

Source: https://www.thehansindia.com/amp/business/lic-opens-stall-at-exhibition-850746

Life Insurance Corporation of India share price Today Live Updates : Life

Life Insurance Corporation of India Stock Price TodayLife Insurance Corporation of India Share Price Today : The Life Insurance Corporation of India (LIC) opened at ₹833.85 on the last day of trading. The stock closed at ₹824.1, with a high of ₹837.95 and a low of ₹828.15 during the day. The market capitalization of LIC is ₹526,777.43 crore. The 52-week high for the stock is ₹863, while the 52-week low is ₹530.2. The BSE volume for LIC shares was 153,014.Disclaimer: This…
Read More…

Source: https://mintgenie.livemint.com/news/markets/life-insurance-corporation-of-india-share-price-live-blog-for-10-jan-2024-151704856455318

LIC increases its stake to 5% in this chemical stock; Are you holding it? 

The shares of one of the largest integrated specialty fluorochemical companies in India in talk after Life Insurance Corporation of India Limited increased its stake in the company to 5 percent. 

At 12:24 p.m the shares of Navin Fluorine International Limited were trading at Rs. 3,468.85, down 0.91 percent from its previous day’s close price of Rs. 3500.85 and its market capitalization is Rs. 17,190 Crores. 

As per the company’s filing on BSE, Life Insurance Corporation of…
Read More…

Source: https://tradebrains.in/features/lic-increases-its-stake-to-5-in-this-specialty-chemicals-stock-are-you-holding-it/

LIC drives new business premium growth in December 2023, shows data – Business Standard

LIC drives new business premium growth in December 2023, shows data  Business StandardLife Insurers Report Healthy Set Of Nos In Dec, SBI Life Sees 21% Growth, LIC’s Premium Rises By 94%  CNBC-TV18LIC beats industry with 94% premium growth in Dec  IndiaTimesLIC records 93.8% surge in December premium  The Economic TimesDecember life insurance data: LIC’s premium rises by 94%, SBI Life sees 21% growth  CNBCTV18
Read More…

Source: ”
https://www.business-standard.com/companies/news/life-insurance-firm-new-business-premium-up-44-yoy-in-dec-lic-s-leads-124010900698_1.htmlRhttps://www.business-standard.com/amp/companies/news/life-insurance-firm-new-business-premium-up-44-yoy-in-dec-lic-s-leads-124010900698_1.html

Life Insurance Corporation of India share price Today Live Updates : Life Insurance Corporation of India sees uptick in trading

Life Insurance Corporation of India Share Price Today : The Life Insurance Corporation of India (LIC) stock opened at ₹833.85 and closed at ₹824.1 on the last day of trading. The stock had a high of ₹837.95 and a low of ₹828.15. The market capitalization of LIC is ₹526,777.43 crore. The stock’s 52-week high is ₹863, while the 52-week low is ₹530.2. On the BSE, there were 153,014 shares traded.Disclaimer: This is an AI-generated live blog and has not been edited by…
Read More…

Source: https://www.livemint.com/market/live-blog/life-insurance-corporation-of-india-share-price-live-blog-for-10-jan-2024/amp-11704854438308.html