Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Informative
LIC is the 4th most valuable brand in India: Brand Finance India 100 Report
Update / Judgement Date
29 Jun 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Insurance
Life Insurance Corporation of India (LIC) ranked 4th among India's most valuable brands with a brand value of $9.8 billion, as per the Brand Finance India 100 2024 report. LIC boasts a brand strength index score of 88 and an AAA rating, ranking third in the Top 10 Strongest Indian Brands and fifth in the Top 10 Indian Brands. \r
It remains the top insurance brand globally. The government holds 96.50% of LIC, while public holding is 3.50%. SEBI has given LIC until May 2027 to meet the 10% public shareholding norm. LIC's share price was Rs 989.05 on June 28, 2024.
