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	<title>lic - newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</title>
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		<title>FSIB recommends Shri Ramakrishnan Chander as Next MD in LIC</title>
		<link>https://newsmantra.in/fsib-recommends-shri-ramakrishnan-chander-as-next-md-in-lic/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Mon, 06 Oct 2025 10:50:37 +0000</pubDate>
				<category><![CDATA[Appointments]]></category>
		<category><![CDATA[PSU Mantra]]></category>
		<category><![CDATA[FSIB]]></category>
		<category><![CDATA[lic]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=70907</guid>

					<description><![CDATA[<p>The Financial Services Institutions Bureau (FSIB) has recommended the name of Shri Ramakrishnan Chander for the position of Managing Director in LIC. There are four managing directors in the upper board of LIC, apart from the MD and CEO. R. Doraiswamy is the current MD and CEO of the corporation....</p>
<p>The post <a href="https://newsmantra.in/fsib-recommends-shri-ramakrishnan-chander-as-next-md-in-lic/">FSIB recommends Shri Ramakrishnan Chander as Next MD in LIC</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The Financial Services Institutions Bureau (FSIB) has recommended the name of Shri Ramakrishnan Chander for the position of Managing Director in LIC.</p>
<p>There are four managing directors in the upper board of LIC, apart from the MD and CEO. R. Doraiswamy is the current MD and CEO of the corporation. Dinesh Pant, Ratnakar Patnaik, and Sat Pal Bhanoo are the other MDs.</p>
<p>The post <a href="https://newsmantra.in/fsib-recommends-shri-ramakrishnan-chander-as-next-md-in-lic/">FSIB recommends Shri Ramakrishnan Chander as Next MD in LIC</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<item>
		<title>PSUs together made more than an unprecedented 5 lakh crore in profits in FY 2024.</title>
		<link>https://newsmantra.in/psus-together-made-more-than-an-unprecedented-5-lakh-crore-in-profits-in-fy-2024/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Thu, 05 Jun 2025 06:59:28 +0000</pubDate>
				<category><![CDATA[PSU Mantra]]></category>
		<category><![CDATA[IOC]]></category>
		<category><![CDATA[lic]]></category>
		<category><![CDATA[ONGC]]></category>
		<category><![CDATA[PSUs]]></category>
		<category><![CDATA[SBIN]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=63593</guid>

					<description><![CDATA[<p>SBIN: ₹67,085 Cr ONGC: ₹49,221 Cr IOC: ₹41,730 Cr LIC: ₹40,916 Cr COALINDIA: ₹37,402 Cr BPCL: ₹26,859 Cr NTPC: ₹20,812 Cr BANK OF BARODA: ₹18,767 Cr HINDPETRO: ₹16,015 Cr PFC: ₹15,889 Cr POWERGRID: ₹15,573 Cr CANBK: ₹15,279 Cr RECLTD: ₹14,145 Cr UNION BANK: ₹13,797 Cr GAIL: ₹9,899 Cr PNB: ₹9,107...</p>
<p>The post <a href="https://newsmantra.in/psus-together-made-more-than-an-unprecedented-5-lakh-crore-in-profits-in-fy-2024/">PSUs together made more than an unprecedented 5 lakh crore in profits in FY 2024.</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
]]></description>
										<content:encoded><![CDATA[<ul>
<li>SBIN: ₹67,085 Cr</li>
<li>ONGC: ₹49,221 Cr</li>
<li>IOC: ₹41,730 Cr</li>
<li>LIC: ₹40,916 Cr</li>
<li>COALINDIA: ₹37,402 Cr</li>
<li>BPCL: ₹26,859 Cr</li>
<li>NTPC: ₹20,812 Cr</li>
<li>BANK OF BARODA: ₹18,767 Cr</li>
<li>HINDPETRO: ₹16,015 Cr</li>
<li>PFC: ₹15,889 Cr</li>
<li>POWERGRID: ₹15,573 Cr</li>
<li>CANBK: ₹15,279 Cr</li>
<li>RECLTD: ₹14,145 Cr</li>
<li>UNION BANK: ₹13,797 Cr</li>
<li>GAIL: ₹9,899 Cr</li>
<li>PNB: ₹9,107 Cr</li>
<li>INDIAN BANK: ₹8,419 Cr</li>
<li>HAL: ₹7,621 Cr</li>
<li>GICRE: ₹6,907 Cr</li>
<li>BANK OF INDIA: ₹6,564 Cr</li>
<li>IRFC: ₹6,337 Cr</li>
<li>OIL: ₹6,335 Cr</li>
<li>NMDC: ₹5,575 Cr</li>
<li>MAHA BANK: ₹4,072 Cr</li>
<li>BEL: ₹3,985 Cr</li>
<li>NHPC: ₹3,624 Cr</li>
<li>MRPL: ₹3,597 Cr</li>
<li>UCO BANK: ₹3,435 Cr</li>
<li>SAIL: ₹3,067 Cr</li>
<li>CENTRAL BANK: ₹2,668 Cr</li>
<li>IOB: ₹2,666 Cr</li>
<li>HUDCO: ₹2,117 Cr</li>
<li>NATIONALUM: ₹1,988 Cr</li>
<li>MAZDOCK: ₹1,937 Cr</li>
<li>NLCINDIA: ₹1,854 Cr</li>
<li>RVNL: ₹1,574 Cr</li>
<li>CONCOR: ₹1,261 Cr</li>
<li>IREDA: ₹1,252 Cr</li>
<li>IRCTC: ₹1,111 Cr</li>
<li>NIACL: ₹1,048 Cr</li>
<li>IRCON: ₹930 Cr</li>
<li>SJVN: ₹911 Cr</li>
<li>COCHINSHIP: ₹783 Cr</li>
<li>SCI: ₹679 Cr</li>
<li>PSB: ₹595 Cr</li>
<li>RITES: ₹455 Cr</li>
<li>ENGINERSIN: ₹445 Cr</li>
<li>NBCC: ₹402 Cr</li>
<li>GRSE: ₹357 Cr</li>
<li>BDL: ₹352 Cr</li>
<li>HINDCOPPER: ₹295 Cr</li>
<li>MOIL: ₹293 Cr</li>
<li>BHEL: ₹282 Cr</li>
<li>RCF: ₹225 Cr</li>
<li>MMTC: ₹192 Cr</li>
<li>IFCI: ₹104 Cr</li>
<li>MIDHANI: ₹92 Cr</li>
<li>KIOCL: -₹83 Cr</li>
<li>ITI: -₹569 Cr</li>
</ul>
<p>&nbsp;</p>
<p>The post <a href="https://newsmantra.in/psus-together-made-more-than-an-unprecedented-5-lakh-crore-in-profits-in-fy-2024/">PSUs together made more than an unprecedented 5 lakh crore in profits in FY 2024.</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>LIC ने 24 घंटे में सबसे ज़्यादा जीवन बीमा पॉलिसियाँ बेचने का गिनीज़ वर्ल्ड रिकॉर्ड बनाया।</title>
		<link>https://newsmantra.in/lic-%e0%a4%a8%e0%a5%87-24-%e0%a4%98%e0%a4%82%e0%a4%9f%e0%a5%87-%e0%a4%ae%e0%a5%87%e0%a4%82-%e0%a4%b8%e0%a4%ac%e0%a4%b8%e0%a5%87-%e0%a4%9c%e0%a4%bc%e0%a5%8d%e0%a4%af%e0%a4%be%e0%a4%a6%e0%a4%be/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Mon, 26 May 2025 06:37:24 +0000</pubDate>
				<category><![CDATA[PSU Mantra]]></category>
		<category><![CDATA[lic]]></category>
		<category><![CDATA[गिनीज़ वर्ल्ड रिकॉर्ड]]></category>
		<category><![CDATA[भारतीय जीवन बीमा निगम]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=63065</guid>

					<description><![CDATA[<p>भारतीय जीवन बीमा निगम ने एक दिन में सबसे ज़्यादा जीवन बीमा पॉलिसियाँ बेचने का गिनीज़ वर्ल्ड रिकॉर्ड बनाया है। 20 जनवरी, 2025 को LIC के 4,52,839 एजेंटों के व्यापक नेटवर्क ने पूरे भारत में 5,88,107 पॉलिसियाँ सफलतापूर्वक जारी कीं। यह उपलब्धि MD और CEO सिद्धार्थ मोहंती के नेतृत्व में...</p>
<p>The post <a href="https://newsmantra.in/lic-%e0%a4%a8%e0%a5%87-24-%e0%a4%98%e0%a4%82%e0%a4%9f%e0%a5%87-%e0%a4%ae%e0%a5%87%e0%a4%82-%e0%a4%b8%e0%a4%ac%e0%a4%b8%e0%a5%87-%e0%a4%9c%e0%a4%bc%e0%a5%8d%e0%a4%af%e0%a4%be%e0%a4%a6%e0%a4%be/">LIC ने 24 घंटे में सबसे ज़्यादा जीवन बीमा पॉलिसियाँ बेचने का गिनीज़ वर्ल्ड रिकॉर्ड बनाया।</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>भारतीय जीवन बीमा निगम ने एक दिन में सबसे ज़्यादा जीवन बीमा पॉलिसियाँ बेचने का गिनीज़ वर्ल्ड रिकॉर्ड बनाया है। 20 जनवरी, 2025 को LIC के 4,52,839 एजेंटों के व्यापक नेटवर्क ने पूरे भारत में 5,88,107 पॉलिसियाँ सफलतापूर्वक जारी कीं। यह उपलब्धि MD और CEO सिद्धार्थ मोहंती के नेतृत्व में &#8216;मैड मिलियन डे&#8217; पहल से मिली।  इस शानदार प्रयास ने 24 घंटे के भीतर जीवन बीमा उद्योग में एजेंट उत्पादकता के लिए एक नया वैश्विक मानक स्थापित किया।</p>
<p>गिनीज़ वर्ल्ड रिकॉर्ड्स द्वारा सत्यापित यह ऐतिहासिक उपलब्धि 20 जनवरी, 2025 को निगम के समर्पित एजेंसी नेटवर्क के असाधारण प्रदर्शन को मान्यता देती है, LIC ने एक बयान में कहा।</p>
<p>The post <a href="https://newsmantra.in/lic-%e0%a4%a8%e0%a5%87-24-%e0%a4%98%e0%a4%82%e0%a4%9f%e0%a5%87-%e0%a4%ae%e0%a5%87%e0%a4%82-%e0%a4%b8%e0%a4%ac%e0%a4%b8%e0%a5%87-%e0%a4%9c%e0%a4%bc%e0%a5%8d%e0%a4%af%e0%a4%be%e0%a4%a6%e0%a4%be/">LIC ने 24 घंटे में सबसे ज़्यादा जीवन बीमा पॉलिसियाँ बेचने का गिनीज़ वर्ल्ड रिकॉर्ड बनाया।</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>SBI, LIC And NTPC ,ONGC, Power Grid, HAL, IRFC and Bharat Electronics were also among the most-valued state-run companies mentioned in the Hurun India report</title>
		<link>https://newsmantra.in/sbi-lic-and-ntpc-ongc-power-grid-hal-irfc-and-bharat-electronics-were-also-among-the-most-valued-state-run-companies-mentioned-in-the-hurun-india-report/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Fri, 21 Feb 2025 08:19:38 +0000</pubDate>
				<category><![CDATA[PSU Mantra]]></category>
		<category><![CDATA[Bharat Electronics]]></category>
		<category><![CDATA[HAL]]></category>
		<category><![CDATA[Hurun India]]></category>
		<category><![CDATA[Hurun India report]]></category>
		<category><![CDATA[IRFC]]></category>
		<category><![CDATA[lic]]></category>
		<category><![CDATA[NTPC]]></category>
		<category><![CDATA[ONGC]]></category>
		<category><![CDATA[power grid]]></category>
		<category><![CDATA[sbi]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=57421</guid>

					<description><![CDATA[<p>State Bank of India was named as the most-valuable state-controlled company in India in the &#8216;2024 Burgundy Private Hurun India 500&#8217; report. The report, released on Tuesday, focussed on 500 most-valuable private Indian firms but had an exclusive note on the 10 most valued state-run entities in India. The report...</p>
<p>The post <a href="https://newsmantra.in/sbi-lic-and-ntpc-ongc-power-grid-hal-irfc-and-bharat-electronics-were-also-among-the-most-valued-state-run-companies-mentioned-in-the-hurun-india-report/">SBI, LIC And NTPC ,ONGC, Power Grid, HAL, IRFC and Bharat Electronics were also among the most-valued state-run companies mentioned in the Hurun India report</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>State Bank of India was named as the most-valuable state-controlled company in India in the &#8216;2024 Burgundy Private Hurun India 500&#8217; report. The report, released on Tuesday, focussed on 500 most-valuable private Indian firms but had an exclusive note on the 10 most valued state-run entities in India. The report valued SBI at Rs 7.69 lakh crore, marking a 53% increase from its last valuation. Lif</p>
<p>1          State Bank of India                                 7,69,000          53%</p>
<p>2          Life Insurance Corp. of India                5,89,000          54%</p>
<p>3          NTPC                                                        3,46,000          51%</p>
<p>4          ONGC                                                       3,20,000          38%</p>
<p>5          Hindustan Aeronautics                         3,12,000          152%</p>
<p>6          Power Grid Corp. of India                     3,11,000          66%</p>
<p>7          Coal India                                                2,53,000          31%</p>
<p>8          Bharat Electronics                                 2,31,000          139%</p>
<p>9          Indian Railway Finance Corporation  2,08,000          121%</p>
<p>10        Indian Oil Corporation                          2,04,000          66%</p>
<p>The post <a href="https://newsmantra.in/sbi-lic-and-ntpc-ongc-power-grid-hal-irfc-and-bharat-electronics-were-also-among-the-most-valued-state-run-companies-mentioned-in-the-hurun-india-report/">SBI, LIC And NTPC ,ONGC, Power Grid, HAL, IRFC and Bharat Electronics were also among the most-valued state-run companies mentioned in the Hurun India report</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>NEWS MANTRA UPDATES</title>
		<link>https://newsmantra.in/govt-mulls-diluting-up-to-5-stake-in-lic-in-fy25/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Wed, 07 Aug 2024 04:02:05 +0000</pubDate>
				<category><![CDATA[PSU Mantra]]></category>
		<category><![CDATA[Coal India]]></category>
		<category><![CDATA[GAIL]]></category>
		<category><![CDATA[HUDCO]]></category>
		<category><![CDATA[IndiGo]]></category>
		<category><![CDATA[KSEB]]></category>
		<category><![CDATA[lic]]></category>
		<category><![CDATA[ONGC]]></category>
		<category><![CDATA[PESB]]></category>
		<category><![CDATA[PFC]]></category>
		<category><![CDATA[POWERGRID]]></category>
		<category><![CDATA[RITES]]></category>
		<category><![CDATA[SJVN]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=42351</guid>

					<description><![CDATA[<p>August 7 -2024 1 . NEW DELHI . Govt mulls diluting up to 5% stake in LIC in FY25; Business Line 2 . NEW DELHI . Coal India &#38; GAIL Sign a JV for Setting up Coal to SNG Plant. The plant to come up in Raniganjarea of Eastern Coalfields...</p>
<p>The post <a href="https://newsmantra.in/govt-mulls-diluting-up-to-5-stake-in-lic-in-fy25/">NEWS MANTRA UPDATES</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>August 7 -2024</strong></p>
<p>1 . NEW DELHI . Govt mulls diluting up to 5% stake in LIC in FY25; Business Line</p>
<p>2 . NEW DELHI . Coal India &amp; GAIL Sign a JV for Setting up Coal to SNG Plant. The plant to come up in Raniganjarea of Eastern Coalfields Limited, West Bengal.</p>
<p>3 . NEW DELHI . Assets worth Rs 3.86 lakh cr monetised in 3 years to FY24; coal sector highest contributor.</p>
<p>4 . KOCHI . KSEB was criticised for missing low-cost electricity procurement with SVJN.. Mathru Bhoomi</p>
<p>5 . NEW DELHI . Govt. of Uganda Dedicates Sub-Stations Built with POWERGRID as PMC.</p>
<p>6 . NEW DELHI . PFC Q1 Results: Net profit rises 24% to Rs 3,718 crore.</p>
<p>7. KOLKATA . Shipping Corporation sale on the verge of collapse as bidders said to lose interest.</p>
<p>8 . NEW DELHI . HUDCO and RITES Limited Sign MoU to Boost Infrastructure and Urban Development in India.</p>
<p>9 . NEW DELHI . PFC Independent Directors Raise Concerns Over Rs.20,000-cr Loan Plan for SP Group; MINT</p>
<p>10 . NEW DELHI . IndiGo offers business class on 12 routes, tickets start at Rs 18000; Business Standard</p>
<p>11 . NEW DELHI . Gati Shakti Vishwavidyalaya In Collaboration With Airbus Begins Its First Executive Training Program For Aviation Sector In New Delhi</p>
<p>12 . NEW DELHI. ONGC was honoured with the EEF Global Environment Award 2024 for reducing pollution and environmental management.</p>
<p>13 . BANGLURU. Graphisads was recognised as an OOH Regional Powerhouse at the recently concluded National Outdoor Advertising Convention.</p>
<p>14 . MUMBAI. Govt appoints CS Setty as SBI chairman; Rana Ashutosh Kumar Singh to take-over as MD; Deccan Herald</p>
<p>15 . NEW DELHI . PESB selects Manoj Kumar Agarwal for Director (Technical), BCCL.</p>
<p>16 . NEW DELHI . The government appoints Harish Dudani as a Member in CERC.</p>
<p>The post <a href="https://newsmantra.in/govt-mulls-diluting-up-to-5-stake-in-lic-in-fy25/">NEWS MANTRA UPDATES</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>NEWS MANTRA UPDATES</title>
		<link>https://newsmantra.in/govt-grants-one-time-exemption-to-lic-to-achieve-25-mps-in-10-yrs-m0ney-control/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Fri, 22 Dec 2023 04:31:48 +0000</pubDate>
				<category><![CDATA[PSU Mantra]]></category>
		<category><![CDATA[lic]]></category>
		<category><![CDATA[REC Limited]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=33993</guid>

					<description><![CDATA[<p>December 22 -2023 1 . MUMBAI . Govt grants one-time exemption to LIC to achieve 25% MPS in 10 yrs. M0ney Control 2 . NEW DELHI. REC marks 10-year milestone of REC Foundation with CSR Symposium. 3 . VIJAYWADA . RINL-Vizag Steel inks pact with Jindal Steel to restart Blast...</p>
<p>The post <a href="https://newsmantra.in/govt-grants-one-time-exemption-to-lic-to-achieve-25-mps-in-10-yrs-m0ney-control/">NEWS MANTRA UPDATES</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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										<content:encoded><![CDATA[<p><strong>December 22 -2023</strong></p>
<p>1 . MUMBAI . Govt grants one-time exemption to LIC to achieve 25% MPS in 10 yrs. M0ney Control</p>
<p>2 . NEW DELHI. REC marks 10-year milestone of REC Foundation with CSR Symposium.</p>
<p>3 . VIJAYWADA . RINL-Vizag Steel inks pact with Jindal Steel to restart Blast Furnace-3. The Hindu</p>
<p>4 . NEW DELHI .Power Grid Corporation has acquired two Project Special Purpose Vehicles (SPVs) viz. Ramgarh II Transmission Limited and Beawar Dausa Transmission Limited.</p>
<p>5 . NEW DELHI .President inaugurates NBCC built new flag post replica at Rashtrapati Nilayam Hyderabad.</p>
<p>6 .CHANDIGARH . Haryanais on the verge of introducing a comprehensive City Gas Distribution Policy. Business Standard</p>
<p>7 . NEW DELHI .Supreme Court will hear challenge to EPA rule limiting downwind power plant pollution in 10 states. ET</p>
<p>8 . NEW DELHI . Govt says 164 planes lying idle at 15 airports.Most of the aircraft are grounded due to Pratt &amp; Whitney (P&amp;W) engine issues;</p>
<p>9 . NEW DELHI . NTPC&#8217;s coal mining projects bag Star Rating Awards for sustainable mining excellence</p>
<p>10 . NEW DELHI. IndiGo pays Rs 20 lakh penalty to DGCA over 4 tail strikes. Deccan Herald</p>
<p>11. NEW DELHI. REC marks 10-year milestone of REC Foundation with CSR Symposium</p>
<p>12 . NEW DELHI. Indian Gas Exchange plans to soon launch small-scale LNG trading. Indian Express</p>
<p>13 . NEW DELHI .EIL wins four Award at PSE Excellence Awards.</p>
<p>14 . NEW DELHI . Ms Neha Shrivastava, CM (HR), GAIL for received the Business World HR 40 Under 40 Award .</p>
<p>15 . NEW DELHI. Ms. Rashmi Singh assumes charge as Director &#8211; Commercial at MOIL</p>
<p>The post <a href="https://newsmantra.in/govt-grants-one-time-exemption-to-lic-to-achieve-25-mps-in-10-yrs-m0ney-control/">NEWS MANTRA UPDATES</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>LIC ranks 4th in world’s top life insurance companies list</title>
		<link>https://newsmantra.in/lic-ranks-4th-in-worlds-top-life-insurance-companies-list/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Wed, 06 Dec 2023 05:27:09 +0000</pubDate>
				<category><![CDATA[PSU Mantra]]></category>
		<category><![CDATA[lic]]></category>
		<category><![CDATA[life insurances]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=33232</guid>

					<description><![CDATA[<p>Life Insurance Corporation (LIC) has ranked as the fourth largest life insurer in the world, according to a new ranking, on the basis of life and accident &#38; health reserves, by S&#38;P Global Market Intelligence. &#160; Companies on the list have been ranked by life and accident &#38; health reserves...</p>
<p>The post <a href="https://newsmantra.in/lic-ranks-4th-in-worlds-top-life-insurance-companies-list/">LIC ranks 4th in world’s top life insurance companies list</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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										<content:encoded><![CDATA[<p>Life Insurance Corporation (LIC) has ranked as the fourth largest life insurer in the world, according to a new ranking, on the basis of life and accident &amp; health reserves, by S&amp;P Global Market Intelligence.</p>
<p>&nbsp;</p>
<p>Companies on the list have been ranked by life and accident &amp; health reserves in 2022 which indicates their financial strength.</p>
<p>&nbsp;</p>
<p>Life and accident &amp; health reserves generally represent a liability to provide for future commitments under outstanding policies.</p>
<p>&nbsp;</p>
<p>The importance of LIC&#8217;s ranking is reflected in the fact that MetLife Inc., the largest life insurance company based in the US, ranks seventh on the list of the largest global life insurers. Prudential Financial Inc., the second-largest life insurance company headquartered in the US is placed eighth in the ranking.</p>
<p>&nbsp;</p>
<p>The post <a href="https://newsmantra.in/lic-ranks-4th-in-worlds-top-life-insurance-companies-list/">LIC ranks 4th in world’s top life insurance companies list</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>LIC IPO  Today Still Negative</title>
		<link>https://newsmantra.in/lic-ipo-today-still-negative/</link>
					<comments>https://newsmantra.in/lic-ipo-today-still-negative/#respond</comments>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Sat, 14 May 2022 08:31:40 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Research and Education]]></category>
		<category><![CDATA[BUSSINESS]]></category>
		<category><![CDATA[education]]></category>
		<category><![CDATA[IPO]]></category>
		<category><![CDATA[lic]]></category>
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		<category><![CDATA[share bazar]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=14494</guid>

					<description><![CDATA[<p>The initial share sale of the country’s insurance behemoth Life Insurance Corporation (LIC) was recently concluded after six days of bidding. The share ALLOTMENT  of the LIC IPO  (initial public offering) was also done recently, whereby investors were able to check whether they had won bids for the LIC IPO....</p>
<p>The post <a href="https://newsmantra.in/lic-ipo-today-still-negative/">LIC IPO  Today Still Negative</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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										<content:encoded><![CDATA[<p id="0" class="story_para_0">The initial share sale of the country’s insurance behemoth Life Insurance Corporation (LIC) was recently concluded after six days of bidding. The share ALLOTMENT  of the LIC IPO  (initial public offering) was also done recently, whereby investors were able to check whether they had won bids for the LIC IPO. However, after the share allotment got concluded, the grey market premium has declined and shares are now trading at a discount. The price band of the LIC IPO was fixed at Rs 902 to Rs 949 per equity share.</p>
<p id="1" class="story_para_1"><strong>LIC IPO GMP Today</strong></p>
<p id="2" class="story_para_2">The unlisted shares of the LIC IPO nosedived in the negative zone in the grey market a few days back, and there has been no coming back from that yet. LIC IPO GMP (grey market premium) is still negative, according to market observers. The GMP is minus Rs 20, according to them, which is Rs 5 higher than yesterday’s grey market premium. Market observers maintained that LIC IPO GMP has remained in the negative zone for the fourth successive day, which is a bad sign for the listing of India’s largest public issue</p>
<p>LIC is the largest insurance provider company in India. It has a market share of above 66.2% in new business premium. The company offers participating insurance products and non-participating products like unit-linked insurance products, saving insurance products, term insurance products, health insurance, and annuity &amp; pension products.</p>
<p>As of 30 Sep 2021, it has a total AUM of Rs. 39 lakh crore. LIC operates through 2048 branches, 113 divisional offices, and 1,554 Satellite Offices. It operates globally in Fiji, Mauritius, Bangladesh, Nepal, Singapore, Sri Lanka, UAE, Bahrain, Qatar, Kuwait, and the United Kingdom.</p>
<h2></h2>
<p>The post <a href="https://newsmantra.in/lic-ipo-today-still-negative/">LIC IPO  Today Still Negative</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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