by AIP Online Bureau | Apr 26, 2022 | Indian News, Life
The issue is set to open on May 2 for anchor investors and will open for subscription on May 4 and close on May 9 Retail investors and employees of LIC are also likely get a discount of Rs 45 on subscribing to the shares of LIC New Delhi: The government has set a...
by AIP Online Bureau | Apr 26, 2022 | Indian News, Life
Vibha Padalkar, MD & CEO, HDFC Life Insurance With a total premium of almost Rs 46,000 crore up 19 per cent y-o-y, over Rs 38,583 crore recorded in year-ago period, the life insurer’s asset under management (AUM) crossed Rs 2 trillion mark, clocking 17 per cent...
by AIP Online Bureau | Apr 26, 2022 | Indian News, Life, Wealth Management/ Philanthropy
LIC management and the investment bankers will embark on road shows in six cities across India – including Mumbai, New Delhi, Bengaluru, Ahmedabad, Rajkot, Kolkata – where they will be meeting potential investors and analysts starting on Wednesday, one of...
by AIP Online Bureau | Apr 26, 2022 | Briefs, Regulation
In line with the Telangana High Court’s order but with delay, the Insurance Regulatory and Development Authority of India (IRDAI) has promoted S.N. Jayasimhan as the Chief General Manager (CGM). As per the IRDAI order, Jayasimhan has been promoted to the grade...
by AIP Online Bureau | Apr 26, 2022 | Eco/Invest/Demography, International News
Russian foreign minister Sergei Lavrov “Lavrov’s trademark over the course of 15 years or so that he has been the Russian foreign secretary has been that sort of bravado. I don’t think that right now there is an imminent threat of escalation,”...