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Source: Live Mint The Jeevan Utsav plan provided by Life Insurance Corporation of India (LIC) is a non-linked, non-participating whole life insurance policy. This policy is designed to provide lifetime income and risk coverage. This particular insurance plan is developed with an objective to assist individuals seeking long term financial security with the option of…
Source: Live Mint Stock to watch: LIC (Life Insurance Corporation)-owned small-cap NBFC (Non Banking Financial Services) stock Paisalo Digital Limited redeems NCD worth ₹12 crore Paisalo Digital Limited Intimated to the exchanges on Friday 28 March 2025 about the part redemption of 1200 9.95% Listed, Secured Redeemable Non Convertible Debentures (NCDs). Paisalo Digital-Details on NCDs…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. IndusInd Bank Moody’s Investors Service has affirmed IndusInd Bank’s long-term foreign currency deposit rating at Ba1 with a stable outlook. However, the agency has placed the bank’s Baseline Credit Assessment (BCA) under review for a possible downgrade due…
Source: Live Mint Paisalo Digital share price rallied more than 3% on Tuesday after the company announced the country’s largest PSU bank, State Bank of India (SBI), has invested in the Commercial Papers (CPs) issued by it. Paisalo Digital shares gained as much as 3.24% to ₹36.96 apiece on the BSE. The small-cap Non-Banking Financial…
Source: Live Mint Life Insurance Corporation has rolled out LIC New Smart Pension Plan. It is a non-participating, non-linked, individual, savings, immediate annuity plan. This is a single premium immediate annuity plan. The official website of the state insurer – last updated on Feb 18 – specifies that the plan offer a wide range of…
Source: Live Mint The combined market valuation of eight of the 10 most valued domestic firms eroded by ₹2 lakh crore last week, with Reliance Industries taking the biggest hit in line with a bearish trend in the broader stock market. Equity benchmark indices Sensex and Nifty extended their downward trend to the eighth day…
Source: Live Mint Shares of Vakrangee, a LIC-backed penny stock, were locked in their 5 percent upper circuit at ₹16.71 on Friday, February 14, following the Reserve Bank of India’s (RBI) decision to renew its authorisation for White Label ATMs. This marked the second consecutive session that the stock hit its upper circuit. In an…
Source: Live Mint LIC Q3 Results: Life Insurance Corporation of India (LIC) announced its October to December quarter results on February 7. The company recorded a rise in net profit of 17% YoY to ₹11,056 crore in the third quarter, compared to ₹9.444.42 crore in the same quarter a year ago. Read Full Article
Source: Live Mint JTL Industries, a company specialising in the production of ERW pipes, GI pipes, MS black pipes, hollow sections, and solar structures, has received a ‘buy’ rating from Axis Securities. Axis Securities has set a target price of ₹111 per share, suggesting a 10 per cent upside from its current market price of…
Source: Live Mint Asian Paints share price will be in focus on Wednesday after the state-run insurance giant Life Insurance Corporation of India (LIC) raised its stake in the company, LIC announced that it has increased its investment in Asian Paints to 7% through open market purchases, at an average cost of ₹2,891.25 per share…
