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lic news: LIC offers opportunity for policyholders…

IPO-bound Life Insurance Corporation of India (LIC) has launched a campaign for revival of individual lapsed policies. Policies, which are in a lapsed condition during the premium paying term and not completed policy

IL&FS sells entire stake in Warora Chandrapur…

Debt-ridden Infrastructure Leasing and Financial Services (IL&FS) on Friday said it has completed sale of its 35 per cent stake in Warora Chandrapur Ballarpur Toll Road Ltd (WCBTRL) to its majority joint venture

Net Profit Up 62% YoY On Lower Provisions

State Bank of India Ltd., the country’s largest lender, saw its October-December quarter profit rise on lower provisions. Net profit for the quarter rose 62% year-on-year to Rs 8,432 crore. This compares with