by AIP Online Bureau | Oct 26, 2022 | Indian News, Life, Wealth Management/ Philanthropy
The finance ministry in its performance review has been sensitising the LIC management about the steps that could be taken to better investor wealth and focus on non-participating products or term plans to improve profitability New Delhi: The government is nudging LIC...
by AIP Online Bureau | Oct 21, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
After years of trying, the government has only been able to privatise national carrier Air India Ltd. and introduce outside backers to LIC, while its plans to sell refiner Bharat Petroleum Corp Ltd. hit a wall as bidders struggled to find partners. New Delhi: India is...
by AIP Online Bureau | Oct 7, 2022 | Eco/Invest/Demography, Indian News, Policy
“Expression of Interest is invited for Strategic Disinvestment of specified GoI and LIC stakes in IDBI Bank along with transfer of management control. Details are at https://dipam.gov.in,” tweeted Secretary Dipam New Delhi: The government on Friday invited...
by AIP Online Bureau | Oct 7, 2022 | Eco/Invest/Demography, Indian News, Policy, Technology
”Maximum guarantee cover per borrower shall not exceed Rs 10 crore. The credit facility being covered here should not have been covered under any other guarantee scheme,” the Department said New Delhi: The government has notified the credit guarantee scheme for...
by AIP Online Bureau | Sep 29, 2022 | Indian News, Non-Life, Policy, Risk Management, Technology
Mandating six airbags is part of a renewed push by the road transport ministry to improve safety after Cyrus Mistry, the former chairman of Indian conglomerate Tata Sons, died in a recent car crash NEW DELHI: The government will require all passenger cars to have a...
