 "The stock market surged dramatically, with top firms gaining significantly, while TCS, Infosys, and LIC faced steep losses.")
Last week, the BSE benchmark soared by 1,653.37 points, marking a significant 1.99 percent increase. This surge pushed the index to an all-time high of 84,544.31 points, with an intra-day peak of 84,694.46 points. The combined Market value of six of the top ten firms rose by Rs 1,97,734.77 crore, led by ICICI Bank, which ...
 "LIC allocates Rs 600 crore for a bold digital transformation, aiming for a paperless future amid fierce market competition.")
Life Insurance Corporation of India (LIC) is investing Rs 600 crore in its digital transformation to become fully paperless within two years. At a recent event in Mumbai, Chief Risk Officer Sunder Krishnan shared details about the investment, which includes hiring a system integrator and consultants for various aspects of the transformation. LIC has partnered ...
 "LIC Faces ₹605.58 Crore GST Demand Amid Taxation Controversy")
Life Insurance Corporation of India (LIC) has received a tax demand notice amounting to approximately Rs 605.58 crore due to a short payment of Goods and Services Tax (GST) for the financial year 2019-20. The notice indicates issues related to incorrect input tax credit claims and late payment interest. This demand includes a breakdown of ...
Stay updated with the latest happenings in the financial world with these 50 multiple-choice questions. Based on significant events and updates reported on May 19, 2024, this comprehensive quiz is perfect for those preparing for competitive exams or anyone keen on current affairs. Current Affairs Questions and Answers for Business category Q1: Which company announced ...
