Life Insurance Corporation increases stake in Hindustan Unilever; mentions its exchange filing
The filing states that the shareholding was raised from 4.99 percent to 5.01 percent.
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LIC
LIC introduces Amritbaal, a traditional endowment insurance, exclusive for children
The youngster must be 30 days old to enter, with a maximum age of 13 years. According to LIC's official statement, the minimum age at maturity is 18 years old, and the maximum age is 25 years old.
LIC’s Q3 earnings increased 49% to ₹9,444 cr, gains net premium at 4.6%.
Growth in net premium income and net income from investments were the primary drivers of the better performance. The net premium income of the biggest insurer in India increased by 4.6% to ₹1.17 trillion in Q3 FY24 from ₹1.11…