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LIC receives Rs 57.2 crore GST demand notice

LIC receives Rs 57.2 crore GST demand notice

by AIP Online Bureau | Feb 24, 2025 | Indian News, Life, Policy

The company has received a communication/demand order on Monday from Assistant Commissioner, Delhi regarding excess ITC availed, LIC said in a regulatory filing. New Delhi: Life Insurance Corporation of India (LIC) on Monday said tax authorities have slapped a demand...
DFS Secy launches LIC’s new Pension plan

DFS Secy launches LIC’s new Pension plan

by AIP Online Bureau | Feb 18, 2025 | Indian News, Life, Pension & Social Security

M.P. Tangirala, additional secretary, M. Nagaraju, secretary, financial services, Ministry of Finance, M Jagannath, managing director, LIC at launching ceremony of LIC’s new Pension plan LIC’s smart pension plan is a non-par, non linked, Individual/Group,...
LIC unveils digital `one man office’ for its sales force

LIC unveils digital `one man office’ for its sales force

by AIP Online Bureau | Feb 17, 2025 | Indian News, Intermediaries, Life, Technology

Siddhartha Mohanty, CEO & MD, LIC One Man Office (OMO), offered through the ANANDA (Atma Nirbhar Agents New Business Digital Application) platform, is a mobile digital office at the hands of sales force and an easy-to-use one stop solution for all business and...
Project DIVE: LIC launches Marketing Tech platform to power next-generation customer engagement

Project DIVE: LIC launches Marketing Tech platform to power next-generation customer engagement

by AIP Online Bureau | Feb 14, 2025 | Indian News, Life, Technology

Siddhartha Mohanty, CEO & MD, LIC, said, “With the launch of the MarTech platform, LIC has taken the first leap on its bold new journey of digital transformation, one that will redefine customer engagement in the insurance sector. This initiative strengthens...
Due diligence of qualified bidders for IDBI Bank underway: MoS Finance

Due diligence of qualified bidders for IDBI Bank underway: MoS Finance

by AIP Online Bureau | Feb 10, 2025 | Eco/Invest/Demography, Indian News, Life, Policy, Regulation

The government, along with LIC, is selling nearly 61 per cent stake in IDBI Bank. This includes a 30.48 per cent stake of the Government of India and 30.24 per cent of LIC New Delhi: The due diligence of qualified bidders for IDBI Bank, which is up for privatisation,...
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