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FSIB recommends M Jaggannath and Tablesh Pandya for 2 posts of LIC MDs

FSIB recommends M Jaggannath and Tablesh Pandya for 2 posts of LIC MDs

by AIP Online Bureau | Jan 30, 2023 | Indian News, Life

Jagannath, currently zonal manager, South Central Zone, LIC will be succeeding Raj Kumar who will be retiring tomorrow while Pandya will replace Vishnu Pattnaik who will be retiring in March end Year 2023 will see complete change of LIC’s top management, as starting...

Atal Pension Yojana has now more than 5cr subscribers

by AIP Online Bureau | Jan 30, 2023 | Eco/Invest/Demography, Indian News, Pension & Social Security

The scheme has done very well in the calendar year 2022 by enrolling more than 1.25 crore new subscribers in comparison to 92 lakh new subscriber’s enrolment in the calendar year 2021 Mumbai: Atal Pension Yojana(APY), the flagship social security scheme of the...

FPIs adopt cautious stance ahead of Budget; take out Rs 17,000 cr from equities in Jan

by AIP Online Bureau | Jan 29, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Overall, foreign portfolio investors (FPIs) have pulled out Rs 1.21 lakh crore from the Indian equity markets in 2022, following aggressive rate hikes by the central banks globally, particularly the US Federal Reserve, volatile crude, rising commodity prices and the...

LIC continues to bet big on Adani, remains in green despite share price rout

by AIP Online Bureau | Jan 29, 2023 | Indian News, Life

According to stock exchange information, LIC made a total investment of Rs 28,400 crore in Adani shares over the last few years. The value of these shares was Rs 72,200 crore before the report of the US short seller triggered a stock price crash over the last two...
FSIB to interview 6 sr LIC officials on Monday to select 2 MDs

FSIB to interview 6 sr LIC officials on Monday to select 2 MDs

by AIP Online Bureau | Jan 29, 2023 | Indian News, Life

Year 2023 will see complete change of LIC’s top management, as starting with Kumar, other three MDs, BC Pattanaik, Mini Ipe and Siddarth Mohanty along with MR Kumar,chairman will be retiring in next six months New Delhi: The Financial Services Institution Bureau...
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