கைதன் சட்டப்பூர்வமானது கூட்டாளிகள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from கைதன் சட்டப்பூர்வமானது கூட்டாளிகள். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In கைதன் சட்டப்பூர்வமானது கூட்டாளிகள் Today - Breaking & Trending Today

Opening the door wider

ISSUE DATE: March 22, 2021
UPDATED: March 14, 2021 11:09 IST
Illustrations by Tanmoy Chakraborty
The Modi government is not looking to divest stake in Life Insurance Corporation (LIC) purely as a fiscal measure; it has also announced far-reaching reforms in the insurance sector in Budget 2021. Finance minister Nirmala Sitharaman proposed hiking the foreign direct investment (FDI) limit in the domestic insurance sector from the current 49 per cent to 74 per cent, a move that would attract additional capital and help insurers maintain adequate solvency margins and invest in technology and product innovations.
The government also plans to privatise one of the five general insurance companies. The Centre has said that 50 per cent of company boards (under the new FDI norms) will be independent directors, and all key people will be Indians. A specified percentage of the profits of the insurance JV will also be retained as a general reserve. ....

Nirmala Sitharaman , Jan Dhan , Keki Mistry , Cyril Amarchand Mangaldas , Sakate Khaitan , Pwc Joydeep Roy , Indranath Bishnu , Japan Dai Ichi Star Union Life , Khaitan Legal Associates , Fitch Ratings , Life Insurance Corporation , Nippon Life , Reliance Life Insurance , Tokio Marine , Edelweiss Tokio Life , Star Union Dai Ichi Life , Cyril Amarchand , Pradhan Mantri Jeevan Jyoti Bima Yojana , Pradhan Mantri Suraksha Bima Yojana , Opening The Door Wider Issue Date Mar 22 , ஜான் தன் , கேகி மிஸ்ட்ரி , சிரில் அமர்சந்த் மங்கல்தாஸ் , பவ்க் ஜோய்தீப் ராய் , இந்திரநாத் பிஷ்ணு , ஜப்பான் தாய் ஈச்சதி நட்சத்திரம் தொழிற்சங்கம் வாழ்க்கை ,

Unlocking LIC's Value

ISSUE DATE: March 22, 2021
UPDATED: March 15, 2021 12:48 IST
Illustration by Nilanjan Das
Its acronym, LIC, and its logo have been iconic symbols of financial security for Indians born before the new millennium. Even now, 290 million, or one in five, Indians are insured by the government-owned Life Insurance Corporation. It still controls 66 per cent of the country’s life insurance market even though private insurers, allowed into the fray in 1999, have now been around for over two decades. LIC is a financial behemoth like no other in the country, overshadowing even the State Bank of India (SBI). It has 4,955 offices across the country, many of them occupying prime real estate. It directly employs 108,000 people, besides 1.3 million agents across the country, and has assets under management ofRs 36 lakh crore, making it a megacorp three times the size of Reliance Industries, India’s largest private sector company. ....

West Bengal , Nariman Point , Vipin Anand , Rajeevr Shah , Arun Jaitley , Keki Mistry , Motilal Oswal , Sangh Parivar , Uday Kotak , Nirmala Sitharaman , Tanmoy Chakraborty , Tarun Bajaj , Aditya Birla Sun , Deven Choksey , Atal Bihari Vajpayee , Anurag Thakur , Yashwant Sinha , Rajya Sabha , Narendra Modi , Mahesh Sharma , Joydeep Roy , Bajaj Finserv , Sakate Khaitan , Department Of Investment , Axis Bank , Khaitan Legal Associates ,