M R Kumar appointed LIC chairman
NEW DELHI: M R Kumar was on Wednesday appointed the Chairman of Life Insurance Corporation of India (LIC), according to a Personnel Ministry order. Kumar was Zonal Manager (in-charge) of North Zone and will hold the post of the LIC Chairman for five years, it said. T C Suseel Kumar and Vipin Anand have been […]
LIC chairman says all options open to revive IL&FS
NEW DELHI: LIC chairman says all options open to revive India’s largest state-run insurer, Life Insurance Corporation (LIC), will not allow the country’s beleaguered Infrastructure Leasing & Financial Services (IL&FS) to collapse, LIC Chairman V.K. Sharma told reporters on Tuesday. All options, including increasing LIC’s stake in IL&FS, are open, Sharma said. IL&FS has revealed […]