Mumbai, May 21 (IANS) Government-owned Life Insurance Corporation (LIC) on Thursday reported a 23 per cent growth in its consolidated net profit at Rs 23,467 crore in the fourth quarter of the financial year 2025-26, compared with Rs 19,039 crore in the same period of the previous year.The LIC board recommended final dividend of Rs 10 per equity share of Rs 10 each (equivalent to Rs 20 per equity share pre-bonus issue basis).The record date for determining the eligibility of the investors for…
Latest Life Insurance Corporation News & Updates
New Delhi, May 2 (IANS) A Delhi court on Saturday extended the judicial custody of two former senior officials of the Anil Ambani-led Reliance Group — Amitabh Jhunjhunwala and Amit Bapna — until May 15 in connection with a money laundering probe linked to Reliance Home Finance Limited (RHFL).The Special Judge, PMLA, at the Rouse Avenue Courts allowed the Enforcement Directorate (ED) plea for custodial interrogation, extending the custody.Jhunjhunwala and Bapna were produced before the Rouse …
New Delhi, April 16 (IANS) Anil Ambani-led Reliance Group said on Thursday that Amitabh Jhunjhunwala and Amit Bapna, who earlier held charge of senior positions in the group, are currently not working with it.The duo has been arrested by the Enforcement Directorate in connection with an ongoing money laundering investigation linked to an alleged banking fraud involving group entities such as Reliance Home Finance Ltd (RHFL) and Reliance Commercial Finance Ltd (RCFL).Reliance said that Jhunjhunwa…
New Delhi, April 15 (IANS) The Enforcement Directorate (ED) has arrested Amitabh Jhunjhunwala and Amit Bapna, close aides of industrialist Anil Ambani, in an ongoing investigation under the PMLA, based on multiple ECIRs registered by the Central Bureau of Investigation (CBI), according to sources. Jhunjhunwala, who was the director of Reliance Capital Limited, is alleged to have been one of the key decision-makers in various operations of RHFL (Reliance Home Finance Limited) and RCFL (M/s Rel…