| NewsClick

Neelambaran A
Tamil Nadu LIC Agents Protest Against FDI in Insurance and GST on Premium
18 Oct 2019
The demonstration, organised by the LIC Agents Organisation of India (LICAOI), witnessed huge participation of LIC employees, who braved the incessant rain across the state to put forth their demand…
Newsclick Report
LIC Equity Portfolio Erodes to Rs 57,000 Crore in Current Quarter, Gross NPAs Spurt
17 Sep 2019
Investments by the public sector insurer, used as a cash cow by the government, zoomed by 76% during 2014-19, as per RBI data.
PTI
Modi Govt to Infuse Rs 9,300 Cr into IDBI Bank, LIC to Shell Out Rs 4,743 Cr
03 Sep 2019
The remaining 49% capital, amounting to Rs 4,557 crore, will come from the government as its share on one-time basis
Newsclick Team
‘We Won't Allow Privatisation of LIC, It’s People's Asset'
08 Aug 2019
“The Modi government forced the Life Insurance Corporation (LIC) to invest in various firms in the name of disinvestment plans.
Praneta Jha
LIC Public Listing: From Cash Cow to Sacrificial Lamb?
06 Aug 2019
Given the role played by LIC in keeping the Indian financial markets stable, it is anybody’s guess how advisable it is to dilute the public financial character of the company.
Saurav Datta
Pulwama Attack: LIC Employee Suspended, Faces Death Threats for Facebook Posts
28 Feb 2019
Krishnendu Sengupta has been summarily suspended, and is facing disciplinary action. He is not the only one.
Praneta Jha
How Govt Milking of Cash Cow LIC is Endangering India’s Most Trusted Life Insurer
29 Oct 2018
Govt is repeatedly turning to LIC for its disinvestment agenda. The insurer’s NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&…
C Shivkumar
IL&FS Crisis: It's the Rating Agencies That Really Need Some Fixing
15 Oct 2018
Even after the infra major dropped clear hints of liquidity problems, downgrades began only after the September 14 default, leaving mutual, provident and pension funds high & dry.
Subodh Varma
IL&FS: Not Satyam, Not Lehman, Maybe it’s Both!
07 Oct 2018
The new government-appointed board has been welcomed by corporate India but how will it wipe out the Rs.91,000 crore debt mountain?
Newsclick Report
Govt to Take Over Reins of Serial Defaulter IL&FS
01 Oct 2018
NCLT approval comes at a time when the collapsing infra major was trying to capitalise through a rights issue. New Board to give roadmap by Oct 8.