Life Insurance Corp.
Finance
Govt names LIC veteran Siddhartha Mohanty as first CEO
India's government on Friday named Siddhartha Mohanty as the first chief executive of the Life Insurance Corp of India (LIC), ......
Finance
India to list LIC by current fiscal year end, says govt official
The Indian government expects to list state-owned Life Insurance Corp (LIC) by the end of the current fiscal year, and ......
Economy
Govt eyes asset sales to partly fund higher spending next year
India is likely to spend more next fiscal year than this year's budgeted $415 billion and prioritise infrastructure projects, relying ......
Finance
IDBI Bank to pare stake in insurance JV with Ageas, Federal Bank
IDBI Bank has approved selling a 27% stake in its life insurance joint venture with Federal Bank and Belgium’s Ageas ......
Finance
IDBI Bank looks to speed up asset-sale plans in turnaround bid
IDBI Bank hopes to complete the sale of its mutual fund and insurance businesses as well as that divestment of ......
General
LIC outshines private rivals as consolidation begins in insurance sector
India’s life insurance sector has taken the first steps toward consolidation while private insurers are taking the fight to the ......
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