Life Insurance Corporation of India ('the Corporation') has decreased its shareholding in equity shares of Mahanagar Gas Ltd. ('Company') from 89,19,236 to 68,54,264 i.e., 9.030% to 6.939% of the paid-up capital of the said Company.Powered by Capital Market - Live

Life Insurance Corporation of India announced the resignation of S Sunder Krishnan vide letter dated 24 September 2024, has submitted his resignation from the position of Chief Risk Officer of the Corporation. His resignation has been accepted with effect from the close of day on 25 September 2024.Powered by Capital Market - Live

Life Insurance Corporation of India (LIC) has undertaken a digital transformation programme named DIVE (Digital Innovation and Value Enhancement). Under DIVE, LIC aims to significantly boost its digital platform with an aim to provide superior experience to its customers, field force, partners and employees. LIC has appointed Infosys to build its new state-of-art NextGen Digital Platform which will be an integrated end-to-end digital insurance solution to provide excellent Services to its customers, Business lifecycle management and operational activities for sales intermediaries and digital front-end platform for branch employees. The NextGen Digital Platform will be modular, flexible, cloud-native, and have platform driven architecture which will be capable of quickly adopting innovative technologies, new products and features. This platform will form the foundation for building high value business applications such as the Customer & Sales Super Apps, Portals and Digital Branch for LIC. Powered by Capital Market - Live

The life insurer sold ‬‬ 1,61,98,470 shares, or 2.745% equity, at an average cost of Rs 1,187.231 via open market sale during the period from 25 November 2021 to 12 September 2024. Aurobindo Pharma is principally engaged in manufacturing and marketing of active pharmaceutical ingredients, generic pharmaceuticals and related services. LIC has been providing life insurance in India for more than 65 years and is the largest life insurer in the country. Shares of LIC added 0.25% to close at Rs 1,034 while those of Aurobindo Pharma rose 0.47% to end at Rs 1,567.60 on Friday, 13 September 2024. Powered by Capital Market - Live

Life Insurance Corporation of India has decreased its shareholding in equity shares of Aurobindo Pharma from 2,93,55,635 to 1,31,57,165 i.e., 5.01% to 2.265% of the paid-up capital of the said Company.Powered by Capital Market - Live

The life insurer purchased 1,61,56,976 shares, or 2.020% equity, at an average cost of Rs 657.614 via open market purchase during the period from 16 December 2022 to 11 September 2024. IRCTC are an Indian public sector undertaking that provides ticketing, catering, and tourism services for the Indian Railways. LIC has been providing life insurance in India for more than 65 years and is the largest life insurer in the country. Shares of LIC rose 1.02% to currently trade at Rs 1,042 and IRCTC gained 1.27% to Rs 943.25 on the BSE. Powered by Capital Market - Live

Life Insurance Corporation of India announced that LIC of Bangladesh has resumed its full operations with effect from 02 September 2024. Powered by Capital Market - Live

The life insurer sold ‬‬ 43,28,776 shares, or 2.026% equity, at an average cost of Rs 4,218.269 via open market sale during the period from 1 July 2024 to 29 August 2024. HDFC Asset Management Company (HDFC AMC) is the investment manager of HDFC Mutual Fund, one of the largest mutual funds in the country. The AMC has a diversified asset class mix across equity and fixed income/others. It also has a countrywide network of branches along with a diversified distribution network comprising banks, independent financial advisors, and national distributors. LIC has been providing life insurance in India for more than 65 years and is the largest life insurer in the country. Shares of LIC declined 0.47% to close at Rs 1,064.65 while those of Hindustan Copper shed 0.78% to end at Rs 4,421.25 on Friday, 30 August 2024. Powered by Capital Market - Live

Life Insurance Corporation of India has decreased its shareholding in equity shares of DCM Sriram from 1,33,77,968 to 1,00,28,571, i.e., 8.579% to 6.431% of the paid-up capital of the said Company. Powered by Capital Market - Live

Life Insurance Corporation of India has decreased its shareholding in equity shares of HDFC AMC from 1,04,86,912 to 61,58,136, i.e., 4.909% to 2.883% of the paid-up capital of the said Company.Powered by Capital Market - Live