State-owned insurance giant LIC said its board has approved a bonus issue of shares in the proportion of 1:1, its first since listing. This means, for every share investors hold as on the record date, they will get an additional share. The record date for the same will be announced soon. “The Board at its…
Life Insurance Corporation of India (LIC) will announce its September quarter results on Thursday, where the country’s largest life insurer is expected to report an up to 10% year-on-year drop in its Annual Premium Equivalent (APE) – a key sales metric. Its range is pegged at Rs 14,840 crore to Rs 16,380 crore according to…
The first quarter earnings season is underway and as many as 225 companies will announce their numbers on Thursday. Key results to watch out include that of LIC, Eicher Motors, RVNL, SAIL, MRF and GRSE. Apart from the above, companies like ABB India, Agri-Tech, Astral, AstraZeneca India, Biocon, Birla Corp, Container Corp, Emkay Global, HCL…