LIC is not looking to acquire a majority stake, the CEO said, without sharing further details on the potential deal. "LIC will not have a 51% stake. We are exploring all possibilities,” Mohanty ...

Mumbai: Life insurance behemoth LIC is confident of buying a stake in a health insurer in the next two weeks, its chief executive Siddhartha Mohanty said on Tuesday. Without identifying the ...

LIC of India CEO and MD Siddhartha Mohanty stated on Thursday that the country's largest insurance company has never lost sight of covering rural parts of the country and economically and socially ...

is all set to foray into the health insurance sector with the public sector life insurance company in advanced stages of discussions on acquiring a health insurer, CEO Siddhartha Mohanty told CNBC ...

LIC has refuted US claims of receiving 'special treatment' from the Indian government and regulators, stating it operates in ...

State-owned Life Insurance Corporation of India (LIC ... it said in an intimation to the stock exchanges hours after MD and CEO Siddhartha Mohanty said the decision to buy stake in a health ...

LIC CEO Siddhartha Mohanty has said the public sector insurer is close to buying a health insurance company. The company expects to close and announce the acquisition no later than March 31.

LIC further stated that the Corporation is still in advanced talks and no binding agreement has been entered into. “The execution and ultimate consummation of the deal is subject to various ...

Life Insurance Corporation of India (LIC) is in talks with the Reserve Bank of India (RBI) for the introduction of 50-year and 100-year bonds, according to CEO and MD Siddhartha Mohanty.

LIC is not looking to acquire a majority stake, the CEO said, without sharing further details on the potential deal. "LIC will not have a 51% stake. We are exploring all possibilities,” Mohanty said.