LIC share prices: The share prices of Life Insurance Corporation of India (LIC) experienced a decline of over 2% after the company revealed that the government had granted permission for a wage revision, which would result in a raise of approximately 17% for its workforce of over 1.1 lakh employees. The increase will have a…
The Hinduja Group has declared that it is not “tenable” and has rejected lenders’ demands that the Reliance Capital (RCap) resolution plan be implemented by March 31. This includes the release of payment. According to a letter from IndusInd International Holdings (IIHL) to the administrator, implementing the resolution plan—especially one as large and complex as…
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ITC-LIC- ICICI Bank: In the midst of weekly F&O contract expiration and the aftermath of the RBI’s money policy review, domestic stock indices concluded Thursday’s trading session settled. With a loss of 723.57 points, or 1%, the 30-share pack BSE Sensex closed at Rs 71,428.43. At 21,717.95 at the end of the session, the NSE…
In anticipation of the life insurer’s quarterly results later today, shares of Life Insurance Corporation of India (LIC) reached a new all-time high and the 1,100 mark on Thursday. Prime Minister Narendra Modi praised the fundamentals of PSU stocks, including LIC, and the stock surged 7.23% to reach an all-time high of 1,120.65 on the…
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LIC shares: The value of Life Insurance Corporation of India (LIC) shares increased by 9% on Monday and surpassed Rs 1,000 crore. The biggest domestic life insurer said that it has made the announcement of the release of LIC’s Index Plus, a new product that will go on sale on February 6, 2024. The product…
Read More “LIC shares surge 9%, reaching Rs 1,000; Reasons explained.” »
According to certain brokerages, a few large-cap equities that haven’t been able to outperform the Nifty50 in 2023 can provide substantial profits in 2024. According to certain brokerages, a number of stocks, including Infosys Ltd., State Bank of India (SBI), HDFC Bank Ltd., Divis Laboratories Ltd., JSW Steel Ltd., Life Insurance Corporation of India, and…
