Finance and Company Affairs Minister Nirmala Sitharaman on Friday inaugurated by way of digital mode LIC’s new worldwide enterprise centre at GIFT Metropolis, Gujarat. This strategic transfer of insurance coverage behemoth to find presence in GIFT Metropolis is aligned with LIC’s dedication to offering world-class insurance coverage and monetary providers on a world scale. In the … Read more
The strategic disinvestment course of for IDBI Financial institution might be additional delayed. DIPAM (Division of Funding and Public Asset Administration) Secretary Tuhin Kanta Pandey has mentioned that it’ll not be potential for the method to be accomplished within the first half of the subsequent fiscal. Nonetheless, Pandey mentioned the strategic disinvestment strategy of the … Read more
Efficient communication of improved efficiency and vital modifications in its functioning bolstered LIC’s efficiency within the Inventory Market, DIPAM (Division of Funding and Public Asset Administration) Secretary Tuhin Kanta Pandey has mentioned. In an interview to businessline, Pandey mentioned the federal government is just not insisting on most dividend from CPSEs (Central Public Sector Enterprises), … Read more
Life Insurance coverage Company of India (LIC) has elevated its shareholding in Navin Fluorine Worldwide Ltd (NFIL) from 5.037 per cent to 7.071 per cent of the latter’s paid-up capital. India’s largest life insurer purchased 10,08,208 fairness shares of Navin Fluorine Worldwide from the open market at a mean worth of Rs 3,445.63 per share. … Read more
The Reserve Financial institution of India on Thursday authorised insurance coverage behemoth Life Insurance coverage Company of India’s (LIC) software to amass as much as 9.99 per cent mixture holding of paid-up share capital in HDFC Financial institution, the nation’s largest non-public sector financial institution. The approval has been granted on the subject of the … Read more