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LIC CFO
Rajesh Exports founder denies fund diversion in ACC Energy, says SEBI misread accounting entriesRajesh Exports Chairman Rajesh Mehta refutes SEBI's fund diversion claims. He states accounting entries were misunderstood. The company fac...- HDFC Bank denies allegations of disguising interest payoutHDFC Bank stands resolutely against accusations of misconduct as an investigative report alleges that it masked differential interest payme...
- US life insurers, not LIC, led recent Adani investmentsGlobal insurers are now key financiers for Adani Group companies. This comes as India's LIC faces scrutiny over its investments. Athene Ins...
- Stocks in news: Wipro, IRFC, TCS, Zydus Life, LIC HousingLIC Housing Finance said its board has given a nod to borrow Rs 1.23 lakh crore through loans, issue of bonds, and other instruments, in th...
- Stocks in news: LIC, SBI Cards, Bharti Airtel, Zomato, Vodafone IdeaThe Board of SBI Cards has declared an interim dividend of Rs 2.5 per share for the financial year ending 2023-24. The company has also fix...
- Stocks in news: Delta Corp, SBI, SAMHI Hotels, Bajaj Finance, ICICI LombardState Bank of India (SBI) has raised about Rs 10,000 crore through issuance of infra bonds, which carry a coupon rate of 7.4%. This is the ...
- LIC hires Reliance-Nippon’s Sunil Agarwal as CFO ahead of IPOAgarwal, a chartered accountant and a long-standing finance executive who worked with two major life insurance companies in the past, will ...
- IDFC First Bank raises Rs 1,500 cr in maiden tier-2 bond issuanceIDFC First Bank has raised Rs 1,500 crore through private placement of unsecured, subordinated, rated, listed, non-convertible, fully paid-...
- LIC invites application for post of CFOThe listing of LIC will be crucial for the government in meeting its disinvestment target of Rs 1.75 lakh crore for 2021-22 (April-March). ...
- LIC seeks to appoint CFO before its mega IPO planned in 2021/22LIC is currently undergoing a valuation exercise for an IPO that could be India's biggest ever as the government seeks to raise around 900 ...
- IDBI Bank plans to raise Rs 6,000 cr via share placementIDBI Bank is initially planning to raise equity of about Rs 6,000 crore through a placement of shares with institutional investors, investm...
- LIC to seek briefing on Infosys strategyAnother official said LIC didn't have any plans to lower its investment in the company.
- Life Insurance Corporation loses market share in first halfData released by regulator IRDA showed that first-year premium collection stood atRs 49,178 crore in September against Rs 50,056 crore a ye...
- Hotel Leelaventure seeks more time to repay LIC debtWhen asked about the matter, Hotel Leelaventure Chairman and Managing Director Vivek Nair said that the payment was to be made to Life Insu...
- Orbit Corporation sinks 15%, hits 52-week low on loan defaultOrbit Corp plunged 14.98 % to hit its 52-week low of Rs 10.10, as the real estate developer defaulted on liabilities of Rs 96 crore.
- Orbit Corporation defaults on 96 crore loansOrbit Corporation has defaulted on liabilities of 96 crore, including repayment of loan availed from LIC Housing Finance and the interest o...
- Markets will closely watch earnings guidance for FY13: Emkay GlobalIt is the global liquidity which is the dominating factor and which is driving our market, says Krishna Kumar Karwa, Emkay Global Financial...
- IRDA probes LIC's profit transfer between various schemesThe problems being encountered by the life insurer only reflect the grave risks associated with assured-return schemes.
- Satyam's board meet likley to discuss L&T stake issueThe board of Satyam will meet for two days to finalise appointing CEO and CFO, capital arrangement and may discuss L&T stake issue. Five fa...
- Funding, appointment of CEO, CFO top priority: KarnikIn the meeting the board is likely to discuss the appointment of Chief Executive Officer and Chief Financial Officer.
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