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LIC CHAIRMAN EXTENSION
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...- Centre extends FSIB chairman, other team members' tenure by one yearThe government has approved an extension for Bhanu Pratap Sharma. He will continue as the chairman of the Financial Services Institutions B...
- Govt considers raising retirement age for PSU bank chiefs by 2 yearsThe Indian government is considering extending the retirement age of managing directors and CEOs of public sector banks by two years. Curre...
- SBI chief Dinesh Khara likely to get extension as govt mulls relaxing retirement age of PSB heads, MDsState Bank of India Chairman Dinesh Khara is likely to get an extension as the government is considering relaxing the retirement age of chi...
- Govt appoints Siddhartha Mohanty as interim chairman of LICCurrently, Mohanty is MD and CEO of LIC Housing Finance. He was appointed as the MD of Life Insurance Corporation (LIC), effective February...
- IPO-bound LIC ropes in 6 independent directors on its boardLIC last month appointed six independent directors on its board to meet regulatory norms of corporate governance. LIC appointed former fina...
- Government extends tenure of IPO-bound LIC's chairman for one yearThis is the second extension for the LIC chairman. Last year in June, he was given a nine-month extension in a view of LIC's proposed initi...
- Govt extends retirement age of LIC chairman to 62 yearsThe changes made in the rules will be called the Life Insurance Corporation of India (Staff) Amendment Rules, 2021, according to a governme...
- LIC chief’s term extended to shepherd largest IPOThe IPO of LIC is crucial for the government to achieve its divestment target of Rs 1.75 lakh crore in FY22 as announced in the budget by f...
- Government gives nine-month extension to LIC chairmanThe government has given a nine-month extension to LIC chairman M R Kumar till March next year in view of the insurer's proposed initial pu...
- LIC new business premium crosses Rs 1.5 lakh-crore-mark, income soars 18%The Corporation's total income grew by 17.79 per cent to Rs 2,97,017.28 crore as of September 2019 from Rs 2,52,149.60 crore a year ago, ch...
- MR Kumar likely to become LIC chairmanActing chairman Bhargava may get three-month extension as model code of conduct could delay Kumar’s appointment.
- New year: Seven jobs in finance up for grabs in 2013TS Vijayan, DK Mehrotra, R Chandrasekhar and petroleum secretary GC Chaturvedi are candidates who may succeed Hari Narayan.
- CBI may close case against ex-LIC chief TS VijayanThe Central Bureau of Investigation may soon close a long-running investigation into investment decisions taken by TS Vijayan, the former c...
- If govt continues to treat LIC as an extension of coffers, co may lose strengthLIC manages assets worth Rs 13 lakh crore which is equal to 15% of India's gross domestic product of Rs 85 lakh crore.
- IRDA raises concerns over corporate governance in LICIrda's main concern relates to the composition of LIC's govt-appointed board which includes the chiefs of some state-owned financial instit...
- CVC allows finance ministry to select LIC chairmanLIC may finally get to see a new chairman as the Central Vigilance Commission (CVC) has allowed the finance ministry to go ahead with the s...
- CBI clears Vijayan in corruption caseClean chit gives him another shot at LIC top job after being denied extension in May.
- LIC MuddleYet another large, state-owned enterprise goes headless; pray, why?
- LIC signs up GE, Corp Bank for credit card forayThe country’s largest financial institution Life Insurance Corporation of India has announced its entry into the credit card business with ...
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