FSIB to select a new LIC chairman soon

FSIB to select a new LIC chairman soon

The chairman will be selected from the four managing directors of the company, sources said Currently, Siddhartha Mohanty, managing director of LIC, is acting chairman of the country’s biggest life insurance firm after the completion of the term of MR Kumar on...
UBS to buy Credit Suisse for nearly USD 3.25B to calm turmoil in global financial markets

UBS to buy Credit Suisse for nearly USD 3.25B to calm turmoil in global financial markets

Credit Suisse is among the 30 financial institutions known as globally systemically important banks, and authorities worried about the fallout if it were to fail Authorities sought an agreement before markets opened again in Asia Geneva:Banking giant UBS is buying...