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Tag Archives: LIC

The Union Cabinet chaired by Prime Minister Narendra Modi has approved conveying of no objection to reduction in Government of India shareholding in IDBI Bank Limited to below 50% by dilution. It has also approved the acquisition of controlling...

By Staff Reporter on Aug 2nd, 2018

Government has appointed V K Sharma as the chairman of state-owned behemoth Life Insurance Corporation (LIC) for five years. Managing director at LIC, Sharma was already acting as chairman since September 16 when the then chairman S K Roy was relieved of his duties. Roy had resigned in June, nearly two years ahead of his retirement. “The Appointments...