Life Insurance Corporation of India (LIC) is an Indian state-owned insurance group and investment company headquartered in Mumbai. It is the largest insurance company in India with an estimated asset value of ₹1,560,482 crore (US$240 billion). As of 2013 it had total life fund of Rs.1433103.14 crore with total value of policies sold of 367.82 lakh that yearadnb shmdabvcxvmhdvjsdhfusdakhgfagvhsaghjsdbvhjsbhsdvbhdnvbhvhjsdv adnb shmdabvcxvmhdv
Sensex jumps nearly 200 pts.
Shrugging off tepid opening on disappointing GDP numbers for the June quarter, the domestic stock market continued to strengthen in afternoon session on rising hopes of another rate cut by the Reserve Bank of India. The BSE Sensex was trading up by 185.09 points or 0.58 per cent at 31,915.58 around 02.00 pm, while NSE Nifty50 was up by 55.40 points, 0.56 per cent at 9,973.30