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Mini Ipe appointed as LIC MD ahead of proposed IPO

Mini Ipe appointed as LIC MD ahead of proposed IPO
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.

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NCLAT stays order on MGM Healthcare's acquisition of Appu Hotels

NCLAT stays order on MGM Healthcare's acquisition of Appu Hotels
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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NCLT clears ₹423-cr resolution plan for Appu Hotels - The Hindu BusinessLine

NCLT clears ₹423-cr resolution plan for Appu Hotels - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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BBB recommends two names for forthcoming two LIC MD posts - The Hindu BusinessLine

BBB recommends two names for forthcoming two LIC MD posts
May 09, 2021
Government looking take LIC public through mega IPO
The Banks Board Bureau (BBB), an apex body tasked to recommend candidates for the top management posts in public sector banks and state owned insurers, has recommended two names for the forthcoming two positions of Managing Director in insurance behemoth Life Insurance Corporation (LIC).
While Ipe Mini has been recommended for the first vacancy of Managing Director of LIC, the BBB has recommended B C Patnaik for the second vacancy of Managing Director in LIC.
Meanwhile, the Finance Ministry is yet to approach the Appointments Committee of the Cabinet (ACC) on the issue of recommending an extension in the tenure of the incumbent LIC Chairman M R Kumar. Although it is widely speculated that Government is bringing changes in the eligibility and experience criteria for appointment of LIC Chairman, no such formal proposal has been yet made by t ....

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LIC logs record Rs 37,000 cr profit from stock sale

LIC logs record Rs 37,000 cr profit from stock sale
LIC s FY21 profit is a 44.4% leap against its Rs 25,625 crore profit from share sales in fiscal 2020. During the fiscal, the insurer bought stocks worth Rs 94,000 crore, also its highest ever
BusinessToday.In | April 30, 2021 | Updated 11:44 IST
The latest profit is the highest in LIC s 65-year history, as the stock market logged record highs
State-run Life Insurance Corporation of India (LIC) booked a record Rs 37,000 crore profit from several share sales in 2020-21.
The latest profit is the highest in the insurer s 65-year history, as the stock market logged record highs. LIC s FY21 profit is a 44.4% leap against its Rs 25,625 crore profit from share sales in fiscal 2020. ....

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