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Shares of Kfin Technologies surged up sharply as the company announced bagging a new contract from LIC.

This Goldman Sachs Backed Small Cap Stock Jumps 4% After Winning Contract From LIC

Pharma

With this move, LIC&#39;s stake in the pharmaceutical company has decreased from 5.023% to 3.012% of the paid-up capital. 

LIC Cuts Stake In This Large Cap Stock, But Shares Keep Climbing

Coforge share price

Sources told CNBC Awaaz that Hulst BV is looking to sell 1.62 crore shares, translating to an estimated deal size of approximately ₹7,400 crores.

This LIC-Backed Large Cap Firm Is Gaining Despite Possible Private Equity Exit

Acko is charting a foray into the life insurance industry

Management

The Financial Services Institutions Bureau (FSIB), responsible for selecting directors for state-owned banks and financial institutions, had suggested Sat Pal Bhanoo for the LIC managing director role.

LIC&#39;s Leadership Shuffle: R Doraiswamy Steps Up As New Managing Director

Share market 1 Photo by Gsign76 on Shutterstock

Earnings

The insurer posted a 1,299% surge in net profit, reaching ₹9,543 crore for the quarter ended June. 

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LIC

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