.New Delhi, Delhi, India
LIC employees are likely to get 15-16% hike in their salaries. (Photo Credit: Twitter/LIC)

  • As per reports, the government has finalised a five-day week policy for the LIC employees
  • It'll make the final announcement through a gazette notification
  • The wage revision has been due since August, 2017

New Delhi, Apr 5 (PTI) The Delhi High Court Monday refused to stay the February 21 circular of General Insurance Public Sector Association (GIPSA) by which mediclaim premium of serving and ...

New Delhi, Mar 30 (PTI) The Enforcement Directorate (ED) has filed a charge sheet against a former Life Insurance Corporation (LIC) employee based in Andhra Pradesh in a money laundering case ...

.New Delhi, Delhi, India
Before the IPO is declared, LIC can increase its embedded value if it is able to cut off its stakes in IDBI Bank. (Photo Credit: Twitter/LIC)

  • The required legislative amendments will be launched in the Parliament in the Budget session
  • The government has planned to offload 25% of its stakes in LIC through multiple tranches
  • Sitharaman also announced disinvestment in non-strategic investments