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LIC Asked To Pay Rs19.75 Lakh Death Insurance Claim with 9% Interest under Jeevan Tarang Policy

Rejecting the Life Insurance Corporation of India (LIC)s contention that the insured failed to disclose diabetes and an earlier operation for the removal of gall bladder, the national consumer disputes redressal commission (NCDRC) directed the insurer to pay Rs19.75 lakh as a death insurance claim along with an interest of 9%pa (per annum) and Rs10,000 litigation cost to the family of the deceased life assured (DLA).
Shubhalaxmi Shankar Shetty Subhash Chandra Sulbha Motegaonkar Jeevan Tarang Rekhaben Nareshbhai Rathod Shankar Shetty

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Investors will take final call on Zee leadership: Punit Goenka

Goenka, who is part of the promoter family that holds a 4% stake, is the longest-serving CEO of Zee. In 2019, Goenka was reappointed as the MD and CEO of the entertainment giant, beginning January 2020. The Securities and Exchange Board of India is investigating Goenka and his father, Subhash Chandra, for allegedly diverting the entertainment companys funds to promoter-owned firms.
Subhash Chandra Punit Goenka Prudential Mutual Fund Sony Pictures Networks India Exchange Board Of India Mutual Fund

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