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LIC clarifies on ManipalCigna stake acquisition buzz
LIC’s potential acquisition of ManipalCigna could shake-up the health insurance sector: Analysts
While LIC surged over 2 percent following the media report, Star Health and Niva Bupa declined up to a percent on
LIC clarifies on ManipalCigna stake acquisition buzz; here’s what the insurer said
LIC clarified that it is exploring various strategic opportunities, including in health insurance, but currently no material information requires disclosure regarding a potential 50% stake acquisition in ManipalCigna Health Insurance.
LIC rises for 6th day, clarifies on ManipalCigna stake buzz
LIC is the largest life insurer in the country. On a consolidated basis, its net profit declined 3.8% to Rs 7728.68 crore while total income rose 14.1% to Rs 231926.41 crore in Q2 September 2024 over Q2 September 2023.
Healthy ambitions: LIC eyeing ManipalCigna
LIC plans to buy half of ManipalCigna Health Insurance. The deal could be worth ₹4,000 crore. This move will let LIC enter the health insurance market. ManipalCigna is a joint venture between Manipal Group and Cigna Corporation.
1d
on MSN
Why is LIC share price rising for six straight sessions despite fall in other insurance stocks? EXPLAINED
Despite selling in the insurance stocks last week, shares of the Life Insurance Corporation (LIC) of India registered decent ...
DSIJ Pvt Ltd
4h
LIC-Backed Stock Under Rs 20 Jumps Over 16 Per Cent With Heavy Volume After Shares Ex-Trade Bonus Shares
On Friday, the shares of the company were traded at an intraday high of Rs 19.01 per share, up 16.5 per cent from its ...
Hosted on MSN
1h
Stock market: Rs 2.3 lakh crore m-cap gain for top 10 companies! LIC leads the rally - Full list
The market capitalization (mcap) of ICICI Bank surged Rs 15,858.02 crore to Rs 9,17,724.24 crore, while that of State Bank of ...
4h
on MSN
Nine most-valued companies add Rs 2.29 lakh core in overall valuation, LIC sees most gain
Meanwhile, there is no ease in relentless FPI outflows in the domestic stock market, with provisional figures for November 28 ...
2d
LIC rises 5% on filing appeal against GST demand order of Rs 66 lakh
Life Insurance Corporation of India ("the Corporation") has filed an appeal with GST Appellate Authority, Jammu Kashmir ...
Fortune India
2d
LIC, NIACL, Go Digit shares surge up to 5% as FM proposes to raise FDI limit in insurance to 100%
The government also plans to reduce the net owned funds requirement for foreign re-insurers from ₹5,000 crore to ₹1,000 crore ...
3d
on MSN
LIC shares climb 4%, cut gains as insurance company clarifies on rumours
LIC shares jumped 3.95 per cent to hit a high of Rs 952.50 on BSE. The stock was later trading at Rs 931.55, still up 1.67 ...
15h
LIC highlights: Garden City gets by Sayville to take Long Island Class III crown in 54th straight victory
Garden City held off a late surge from Sayville to bring home the Long Island title in its first season in Class III.
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