Stock · NSE
LICI
386.30▼ 3.70 (-0.95%)Last 2 days · 15m candles9/10/2026, 02:53:29
Open: 389.90High: 390.85Low: 383.90Prev: 390.00
VERIFIEDET Policy·7h★ ON YOUR LIST
GST reforms 2026: Employers get ITC on employee health, life insurance premiumsAI summary· POSITIVE
- ·Employers may soon be able to claim input tax credit on GST paid for employee health and life insurance.
- ·This recommendation was made by the GST Council.
- ·The move is expected to reduce the effective cost of employer-sponsored coverage and benefit small businesses.
VERIFIEDET Markets·2d★ ON YOUR LIST
LIC mints Rs 531 crore in one day as Trent shares rally 13%; insurance behemoth’s stake value nears Rs 4,700 crAI summary· POSITIVE
- ·LIC's stake value in Trent increased by over Rs 531 crore in one day.
- ·Trent shares rallied 13% following a strong Q2 business update.
- ·Trent crossed the milestone of 1,000 Zudio stores during the quarter.
VERIFIEDET Finance·3d★ ON YOUR LIST
National Housing Bank likely to double affordable housing outlay for HFCs this fiscalAI summary· POSITIVE
- ·National Housing Bank plans to double its outlay for affordable housing funds for HFCs this fiscal.
- ·These funds will provide large housing finance companies with long-term and cheaper financing options.
- ·The initiative aims to reduce HFCs' reliance on banks and promote growth in housing loans.
VERIFIEDMint Markets·3d★ ON YOUR LIST
Top 2 stocks to buy or sell for tomorrow: Nykaa, LIC by Chandan Taparia - Check stop-loss, targetsAI summary· NEUTRAL
- ·The Indian stock market, including the Nifty 50, saw a 0.60% rise on October 5.
- ·Easing crude oil prices and reduced fears of US monetary tightening contributed to the market rebound.
- ·Analysts suggested buying Nykaa and selling LIC futures, noting mixed signals for both stocks.
VERIFIEDET Finance·6d★ ON YOUR LIST
From Bhubaneswar classrooms to ICICI Life’s corner office: Who is Sidharatha MishraAI summary· NEUTRAL
- ·Sidharatha Mishra is set to become the COO and CEO of ICICI Life Insurance.
- ·Mishra has a career spanning almost three decades within ICICI Bank.
- ·His previous roles at ICICI Bank include branch manager and head of digital operations.
VERIFIEDMint Industry·6d★ ON YOUR LIST
ICICI Life Insurance appoints Sidharatha Mishra as MD, CEO from October 14 - Who is he?AI summary· NEUTRAL
- ·ICICI Life Insurance Company appointed Sidharatha Mishra as managing director and CEO.
- ·The appointment is effective from October 14.
- ·The announcement was made on October 2, according to an exchange filing.
VERIFIEDET Finance·6d★ ON YOUR LIST
ICICI Life Insurance appoints Sidharatha Mishra as MD & CEO as Anup Bagchi joins HDFC BankAI summary· NEUTRAL
- ·ICICI Life Insurance appointed Sidharatha Mishra as MD & CEO effective October 14.
- ·Current CEO Anup Bagchi resigned from the company effective October 13.
- ·Sidharatha Mishra will succeed Anup Bagchi as the head of ICICI Life Insurance.
VERIFIEDMint Markets·7d★ ON YOUR LIST
HDFC Bank shares: Will stock finally reward its investors after Anup Bagchi as new MD-CEO?AI summary· NEUTRAL
- ·HDFC Bank has appointed Anup Bagchi as its new MD and CEO, following RBI approval.
- ·Anup Bagchi will assume the role of MD and CEO on October 27, 2026, succeeding Sashidhar Jagdishan.
- ·Bagchi brings extensive experience from the banking and insurance sectors, including his prior role as MD of ICICI Prudential Life Insurance.
VERIFIEDMint Companies·7d★ ON YOUR LIST
Anup Bagchi takes charge as HDFC Bank MD and CEO: Tracing the banking veteran’s career and achievements at ICICIAI summary· NEUTRAL
- ·Anup Bagchi has officially taken over as MD and CEO of HDFC Bank following RBI approval.
- ·Bagchi's prior role was CEO of ICICI Prudential Life Insurance.
- ·He has been associated with the ICICI Group since 1992.
VERIFIEDMint Markets·7d★ ON YOUR LIST
HDFC Bank ADRs jump over 5% after Anup Bagchi appointed as MD & CEO for three yearsAI summary· POSITIVE
- ·HDFC Bank ADRs increased by 5.4% following the appointment of Anup Bagchi as MD and CEO.
- ·The Reserve Bank of India approved Bagchi's appointment for a three-year term starting October 27, 2026.
- ·Anup Bagchi will succeed Sashidhar Jagdishan, who will not be seeking a third term.
VERIFIEDMint Companies·7d★ ON YOUR LIST
Meet Anup Bagchi, HDFC Bank's new MD & CEO - ICICI veteran to take charge from October 27AI summary· NEUTRAL
- ·HDFC Bank has appointed Anup Bagchi as its new Managing Director and CEO.
- ·Anup Bagchi will assume his new role on October 27.
- ·Bagchi previously served as MD and CEO of ICICI Prudential Life Insurance.
VERIFIEDET Finance·7d★ ON YOUR LIST
Meet Anup Bagchi, the ICICI veteran taking HDFC Bank’s top jobAI summary· NEUTRAL
- ·Anup Bagchi has been appointed as the new MD and CEO of HDFC Bank, starting October 27, 2026.
- ·Bagchi returns to banking after serving as MD and CEO of ICICI Prudential Life Insurance for three years.
- ·The Reserve Bank of India has approved his appointment, and he will also join the bank as an additional director.
VERIFIEDET Finance·7d★ ON YOUR LIST
Insurance penetration stays low as operating costs rise faster than premiums: McKinseyAI summary· NEGATIVE
- ·India's insurance penetration stands at 3.7% of GDP, lagging behind the global average.
- ·Despite premium growth in life insurance, the sale of individual policies has decreased.
- ·Product relevance and trust are now identified as greater constraints on insurance growth than access.
VERIFIEDMint Markets·7d★ ON YOUR LIST
Macquarie stock recommendations: ICICI Bank, SBI, PayTM to LIC — top 11 financial shares to buy on rerating potentialAI summary· POSITIVE
- ·Macquarie has identified 11 Indian financial shares with rerating potential.
- ·The brokerage firm is anticipating a turnaround in the Indian financial sector.
- ·ICICI Bank, SBI, PayTM, and LIC are among the mentioned stocks.
VERIFIEDET Finance·9d★ ON YOUR LIST
Competition Commission okays BNP Paribas-IndiaFirst Life Insurance dealAI summary· NEUTRAL
- ·Competition Commission of India approved BNP Paribas Cardif's proposal to acquire a 26% stake in IndiaFirst Life Insurance Company Ltd.
- ·The stake will be purchased from private equity company Warburg Pincus.
- ·CCI also authorized Crystal Crop Protection Ltd to acquire FMC India Pvt Ltd.
VERIFIEDMint Companies·10d★ ON YOUR LIST
Coforge appoints Akhil Kumar Gupta as chairpersonAI summary· NEUTRAL
- ·Akhil Kumar Gupta has been appointed as the chairperson of Coforge.
- ·Gupta possesses four decades of experience as a chartered accountant.
- ·He currently chairs ONE WAM and Bharti Life Insurance and serves on multiple other boards.
VERIFIEDET Finance·10d★ ON YOUR LIST
IRDAI pushes LIC, SBI Life to seek further cost efficiencyAI summary· NEUTRAL
- ·IRDAI has proposed lowering the expense of management limit for insurers from around 16% to 12.5% over five years.
- ·Larger insurers like LIC and SBI Life are expected to further improve their cost efficiencies.
- ·The regulatory changes aim to increase efficiency and value for policyholders.
VERIFIEDET Stocks·10d★ ON YOUR LIST
Clean Max Enviro bulk deal: Augment India divests stakes worth Rs 1,096 crore; Goldman Sachs, HSBC India among buyersAI summary· NEUTRAL
- ·Augment India I Holdings divested 85.03 lakh shares of Clean Max Enviro Energy Solutions.
- ·The total value of the transaction was approximately Rs 1,096 crore.
- ·Goldman Sachs, HSBC, and ICICI Prudential Life Insurance were among the entities that purchased the shares.
VERIFIEDET Markets·10d★ ON YOUR LIST
Jefferies names Max Financial as its top insurance pick, sees 41% upside despite target cutAI summary· POSITIVE
- ·Jefferies has named Max Financial Services its top insurance pick.
- ·The brokerage maintained a Buy rating on the stock.
- ·Jefferies anticipates regulatory changes will have a manageable impact on growth.
VERIFIEDET Stocks·10d★ ON YOUR LIST
Jefferies names Max Financial as its top insurance pick, sees 41% upside despite target cutAI summary· POSITIVE
- ·Jefferies has named Max Financial Services as its top insurance pick.
- ·The brokerage maintained a Buy rating on the stock.
- ·Jefferies anticipates regulatory changes will have a manageable impact on growth.
VERIFIEDET Finance·11d★ ON YOUR LIST
Insurance mis-selling is arising because upfront commissions are too high: Ajay Seth, Chairman, IRDAIAI summary· NEUTRAL
- ·Ajay Seth, Chairman of IRDAI, stated that upfront commissions are too high, leading to insurance mis-selling.
- ·He emphasized that cost efficiencies should benefit customers through lower premiums or better returns on savings products.
- ·Seth indicated that the goal is to ensure policyholders receive better outcomes from insurance products.
VERIFIEDMint Companies·13d★ ON YOUR LIST
Who is Dinesh Pant? LIC MD takes voluntary retirement, moves to IRDAIAI summary· NEUTRAL
- ·Dinesh Pant, LIC Managing Director, has taken voluntary retirement.
- ·He is moving to IRDAI.
- ·Pant has a background in actuarial science.
VERIFIEDET Finance·13d★ ON YOUR LIST
Govt appoint Dinesh Pant and Girija Subramanian as members of IRDAIAI summary· NEUTRAL
- ·Dinesh Pant, MD of LIC, has been appointed as a member of IRDAI.
- ·Girija Subramanian, ex-CMD of New India Assurance, has also been appointed as a member of IRDAI.
- ·Dinesh Pant's tenure as a member will end on September 24, 2026.
VERIFIEDMint Markets·13d★ ON YOUR LIST
Govt approves voluntary retirement of MD Dinesh Pant; shares edge higherAI summary· NEUTRAL
- ·Dinesh Pant's voluntary retirement from LIC has been approved by the Government of India, effective September 24, 2026.
- ·Pant will no longer serve as Managing Director and Chairperson of the Information Technology Strategy Committee.
- ·LIC shares experienced a slight rise amid general market fluctuations.
VERIFIEDET Stocks·14d★ ON YOUR LIST
Damani, Premji, LIC among big winners from NSE listingAI summary· POSITIVE
- ·The National Stock Exchange (NSE) has successfully listed on the stock market.
- ·Life Insurance Corporation of India (LIC) holds NSE shares valued at approximately Rs 48,620 crore.
- ·Aranda Investments Mauritius and Stock Holding Corporation also hold NSE shares valued over Rs 20,000 crore each.
VERIFIEDEconomic Times News·14d★ ON YOUR LIST
NSE listing performance highlights struggles of India's recent big IPOsAI summary· NEUTRAL
- ·The National Stock Exchange saw a 2% rise on its debut day.
- ·Several major Indian IPOs have struggled post-launch, including Hyundai Motor India and LIC.
- ·LG Electronics India had a strong debut, and ICICI Prudential Asset Management stayed above its offer price.
VERIFIEDET Markets·14d★ ON YOUR LIST
NSE listing performance highlights struggles of India's recent big IPOsAI summary· NEUTRAL
- ·The National Stock Exchange saw a 2% rise on its debut day.
- ·Several recent major Indian IPOs have struggled post-launch, including Hyundai Motor India and LIC.
- ·LG Electronics India had a strong debut, and ICICI Prudential Asset Management stayed above its IPO price.
VERIFIEDMint Markets·15d★ ON YOUR LIST
Top 3 IPOs Performance Report Card: Ahead of NSE, know how Hyundai, LIC, Paytm fared on exchange debut day; data detailsAI summary· NEUTRAL
- ·Hyundai, LIC, and Paytm experienced weak openings on their exchange debuts.
- ·The IPOs showed varied recoveries after their initial weak openings.
- ·Market volatility and valuation concerns influenced the post-listing stock performance.
VERIFIEDMint Money·16d★ ON YOUR LIST
Indian households' savings mix shifts: Mutual funds and equity gain, insurance flows weaken — what it meansAI summary· NEUTRAL
- ·Mutual funds have experienced the sharpest rise in inflows over three years.
- ·Equity investments have also grown, albeit from a smaller base.
- ·Life insurance and small savings have shown weaker or uneven flows.
VERIFIEDET Markets·16d★ ON YOUR LIST
LIC said to lead bidding in NSE’s Rs 22,800 crore India IPOAI summary· POSITIVE
- ·LIC led bids for NSE's Rs 22,800 crore IPO with Rs 4,500 crore.
- ·Institutional demand for the IPO was 12.7x, while retail participation was 1.3x.
- ·The overall subscription for the IPO reached 5.7x before its September 24 listing on BSE.