IndusInd Bank's shares plummeted 27% due to accounting discrepancies, costing LIC nearly 1,000 crore. The bank's internal review indicated a 2.35% impact on net worth, leading to downgrades from several brokerages and a potential loss in Q4FY25.

Life Insurance Corpo.. has an average target of 1125.20 from 5 brokers.

Life Insurance Corporation of India

10 Mar 2025

890.65

-0.35%

Government seeks best hands for LIC FPO; says firm steps being taken

Business Today

Timing of LIC's stake sale would be decided based on right market conditions.

Life Insurance Corporation of India's price crossed below 100Day SMA today

Life Insurance Corporation of India

09 Mar 2025

890.65

-0.35%

Halt disinvestment of Govt and LIC's equity in IDBI to private entities: AIBOA

Business Line

Proposed dilution of Govt stake in five public sector banks should be shelved and implementation of 5-day week in the banking industry are some of the demands raised in the two-day strike notice

Life Insurance Corporation of India's price crossed below 100Day SMA today

Life Insurance Corporation of India

05 Mar 2025

890.65

-0.35%

LIC raises stake to 7.06% in Baba Ramdev's Patanjali Foods. Stock edges higher

livemint

LIC raises stake to 7.06% in Baba Ramdev's Patanjali Foods

Number of FII/FPI investors increased from 149 to 177 in Jun 2025 qtr.

Life Insurance Corporation of India

01 Mar 2025

890.65

-0.35%

Company Update

Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 Of SEBI (LODR) - …

BSE India

This is to inform that the Life Insurance Corporation of India has received demand order for Goods & Service tax, Interest and penalty for Tamil Nadu state.

pdf

Life Insurance Corporation of India

28 Feb 2025

890.65

-0.35%

Company Update

Life Insurance Corporation of India - 543526 - Announcement under Regulation 30 (LODR)-Cessation

BSE India

This is to inform that Ms. Manju Bagga, Executive Director (Pension & Group Schemes), Central Office, Mumbai, Senior Management Personnel of the Life Insurance Corporation of India, will be superannuating w.e.f. February 28, 2025.

pdf

Life Insurance Corporation of India

27 Feb 2025

890.65

-0.35%

LIC gets demand notice of Rs 479.88 crore for short payment of GST for FY21

Business Standard

Life Insurance Corporation of India (LIC) on Thursday said it has received a demand notice of Rs 479.88 crore for short payment of Goods and Services Tax (GST) for 2020-21. The company has received a communication/demand order for interest and penalty for Maharashtra on February 27 from Deputy Commissioner of State Tax, Mumbai, LIC said in a regulatory filing. The demand notice pertains to wrong availment and short reversal of Input Tax Credit (ITC), Interest on late payments, short payment of tax liability, it said. The order is appealable before the Joint Commissioner of State tax (Appeals), Mumbai, it said. The financial impact of the demand is to the extent of the GST (Rs 242.23 crore), Interest (Rs 213.43 crore) and Penalty (Rs 24.22 crore), it said, adding, there is no material impact on financials, operations or other activities of the corporation.

Life Insurance Corporation of India's price crossed below 100Day SMA today

VOTE: Is Life Insurance Corporation of India worth buying?

470 Votes:

Buy 76.6%

Sell 12.77%

Hold 10.64%

RESEARCH REPORTS

Buy SEE REPORTS >

pdf

Buy SEE REPORTS >

pdf