Mastodawn

Times of India | LIC profit rises 19.3% to Rs 57,419 crore

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LIC announced a 19.3% increase in its FY‑26 standalone profit after tax, rising to ₹57,419 crore, driven by a 41.6% jump in the value of new business and a steadier premium mix. Total premium income also grew, up 9.8% to ₹5,35,984 crore compared with the previous year’s ₹4,88,148 crore. The board approved a full 100% dividend, paying ₹10 per share on a ₹10 face value.

#LIC

LIC profit rises 19.3% to Rs 57,419 crore

Mumbai : LIC reported a 19.3% rise in standalone profit after tax to Rs 57,419 crore for FY26, with a 41.6% surge in value of new business, reflecting improved product mix and steady premium growth. The insurer’s total premium income rose 9.8% to Rs 5,35,984 crore in FY26 from Rs 4,88,148 crore a year earlier.

The Times of India

Antoine Dufeu May 14

Pierre Thévenin est le deuxième invité de « Avis - série 2 » #lic #avis #pierrethévenin #droit #poésiesonore #musique #philosophie

https://m.youtube.com/watch?v=WAGTltKMpxk&ra=m

jouer du droit, entretien Pierre Thévenin by Lic production

YouTube

The Bad Place May 10

Times of India | CBI searches at 17 sites in cases linked to ADAG

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The Central Bureau of Investigation (CBI) carried out coordinated searches at 17 locations in Mumbai on May 10, 2026, targeting the residential premises of directors and offices of intermediary firms linked to Reliance ADA Group companies – Reliance Telecom Ltd., Reliance Commercial Finance Ltd. and Reliance Home Finance Ltd. – following warrants issued by a Mumbai special CBI court. Investigators seized incriminating documents, uncovered that several intermediary firms operated from the same address, and have so far registered seven cases involving alleged bank‑fund diversion and fraud amounting to a total loss of roughly Rs 27,337 crore. Two senior Reliance Communications executives were previously arrested, and the probe is under Supreme Court monitoring.

#CBI #RelianceADA #AnilAmbani #SupremeCourt #LIC #DVishwanath #AnilKalya

CBI searches at 17 sites in cases linked to ADAG | India News - The Times of India

India News: NEW DELHI: Central Bureau of Investigation (CBI) on Saturday conducted searches at 17 locations in Mumbai in connection with three cases registered ag.

The Times of India

Arniepix May 6

Did you know that the Henson #muppet shop in #LIC is open for tours? The tour costs $150 (yikes!)

https://gothamist.com/arts-entertainment/go-behind-the-scenes-with-the-muppets-as-jim-hensons-creature-shop-opens-for-tours-in-nyc?utm_medium=email&utm_medium=email&utm_campaign=SCOOP_05.06.2026&utm_campaign=SCOOP_05+06+2026&utm_source=1&utm_source=ActiveCampaign&utm_content=State+s+major+job+miscount

#NYC #puppets

The Bad Place May 2

Times of India | 100% FDI allowed in insurance sector under automatic route, inflows for LIC capped at 20%

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The Indian government announced that foreign direct investment (FDI) in insurance companies can now be up to 100 % of paid‑up equity under the automatic route, subject to approval by the Insurance Regulatory and Development Authority of India (IRDAI). This change, aligned with the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025, lifts the previous ceiling of 74 % and follows parliamentary approval of the Sabka Bima Sabki Raksha Bill. While all insurers may receive full foreign ownership, Life Insurance Corporation of India (LIC) remains restricted to a maximum of 20 % foreign investment. The new rules also extend the 100 % FDI limit to insurance intermediaries, and require key top‑level positions (chairperson, managing director or CEO) to be held by resident Indian citizens, with any ownership changes complying with RBI pricing rules under FEMA.

#IRDAI #LIC #DPIIT #ReserveBank #SabkaBima #Indiangovernment #Parliament #

100% FDI allowed in insurance sector under automatic route, inflows for LIC capped at 20% - The Times of India

India Business News: The central government on Saturday announced 100% Foreign Direct Investment (FDI) in insurance companies under the automatic route, allowing full fore.

The Times of India