by AIP Online Bureau | Mar 13, 2023 | Eco/Invest/Demography, Indian News, Life
LIC’s exposure in Adani Power (Mundra) was Rs 266 crore, Adani Power Maharashtra Ltd – Phase I (Rs 81.60 crore), Adani Power Maharashtra Ltd – Phase III (Rs 254.87 crore), Raigarh Energy Generation Ltd (Rs 45 crore) and Raipur Energen Ltd (Rs 145.67...
by AIP Online Bureau | Mar 11, 2023 | Indian News, Life
Siddhartha Mohanty, managing director, Life Insurance Corporation Mohanty is presently the senior most managing director of the country’s largest insurance company Recently, the Financial Services Institution Bureau (FSIB), has selected M Jagannath and Tablesh Pandey...
by AIP Online Bureau | Mar 4, 2023 | Indian News, Life, Wealth Management/ Philanthropy
The value of LIC’s shareholding in the Adani Group stocks has risen by about Rs 9,000 crore since and at Friday’s closing price, it stands at Rs 39,068.34 crore, according to information available on the stock exchanges Mumbai: State-owned Life Insurance...
by AIP Online Bureau | Feb 16, 2023 | Indian News, Life
M.R Kumar, chairman, Life Insurance Corporation The government is actively thinking about giving the last extension to Kumar as it is yet to finalise about his successor Though, there were some talks earlier that the government may go for a private sector...
by AIP Online Bureau | Feb 9, 2023 | Indian News, Life
“We continue to remain focussed on creating a portfolio mix to optimise value for all stakeholders, and in that context, increasing the proportion of Non-par business in a consistent and profitable manner,” said M R Kumar, chairperson, LIC Mumbai: Public...