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LIC keen on 40-year govt bonds

Last Updated: Wednesday, March 25, 2015, 16:28

Life insurance major LIC on Wednesday said it is keen on buying 40-year bonds which the government is set to issue this year.

LIC will consider all investment options

Last Updated: Monday, January 12, 2015, 19:27

Ahead of major disinvestments expected in the comping days, country's largest investor LIC Monday said it will consider all investment offers that come its way and take advantage of opportunities.

LIC transfers Rs 1,644-crore surplus to Govt

Last Updated: Tuesday, December 16, 2014, 23:08

LIC generated a total surplus at Rs 32,685.21 crore during FY14, up 13.8 percent from Rs 28,727.64 crore in the previous fiscal.

New LIC chairman in ten days, says FinMin

Last Updated: Sunday, September 18, 2011, 16:44

Ending months of indecision, the government is set to appoint a full-time chairman for life insurance giant LIC in the next ten days, a top Finance Ministry official has said.