by AIP Online Bureau | Jun 17, 2026 | Eco/Invest/Demography, Indian News, Reinsurance
Sharing the outcome of the stake sale on social media platform X, DIPAM Secretary said, “Offer for Sale (OFS) in GIC Re closed with enthusiastic response from the investors. Government of India has divested 5.0% per cent of its stake in GIC Re with full...
by AIP Online Bureau | Jun 17, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Reinsurance
Life Insurance Corporation of India (LIC), the single largest shareholder in NSE, holding a 10.72 per cent stake, will not offload any shares. GIC Re (1.07 crore shares), The New India Assurance Company (1.05 crore shares), National Insurance Company (0.60 crore...
by AIP Online Bureau | Jun 17, 2026 | Eco/Invest/Demography, Indian News, Pension & Social Security
The the Double Contribution Convention (DCC) “exempts Indian workers and employers from making dual social security contributions in the United Kingdom during temporary assignments. The period of exemption has been increased from 3 years to 5 years,” New...
by AIP Online Bureau | Jun 17, 2026 | Eco/Invest/Demography, Indian News
“Through coordinated efforts of the Indian Cyber Crime Coordination Centre (I4C) under the Ministry of Home Affairs, state governments, law enforcement agencies, banks and financial institutions, we will further strengthen our cyber security framework while ensuring...
by AIP Online Bureau | Jun 16, 2026 | Workplace/Employee Benefits
Joshi has been serving as the acting CMD of GIC Re since Oct 1. The post has fallen vacant after N Ramaswamy retired from the post on Sep...
