Life Insurance Corporation of India (LIC) has launched its new product ‘LIC’s Jeevan Utsav’. The new product will cater to domestic market. LIC has launched its new product on November 29, 2023.
Earlier, the company had decreased stake in ‘Dr Reddys Laboratories’. The Corporation’s shareholding in ‘Dr Reddys Laboratories’ has decreased from 1,27,20,873 to 93,28,967 Equity Shares, decreasing its shareholding from 7.627% to 5.593% of the paid-up capital of the said company.
Life Insurance Corporation of India, popularly known as LIC is Indian state-owned insurance group and Investment Company.
