LIC chairman gets extension

LIC chairman gets extension

MR Kumar, LIC chairman.

New Delhi, June 9

The government has given a nine-month extension to LIC chairman MR Kumar till March next year in view of the insurer’s proposed IPO towards the end of the current fiscal.

In her Budget Speech 2021, Finance Minister Nirmala Sitharaman said the LIC IPO would be floated in 2021-22 as part of the ambitious Rs 1.75 lakh crore disinvestment target. — PTI

Top Stories

Yoga remains 'ray of hope' as world fights Covid: PM Modi

Yoga remains 'ray of hope' as world fights Covid: PM Modi

World to get M-Yoga app; it will make videos on yoga trainin...

Top LeT terrorist Mudasir Pandit among 3 killed in J-K's Baramulla

Top LeT terrorist Mudasir Pandit among 3 killed in J-K's Baramulla

Pandit was wanted by security forces in many cases, includin...

J&K invite: PM meets top ministers, Gupkar allies to take call tomorrow

J&K invite: PM meets top ministers, Gupkar allies to take call tomorrow

PDP’s Naeem Akhtar freed from detention

‘Not an outsider, I belong to a family of diehard Congress men’

‘Not an outsider, I belong to a family of diehard Congress men’

Congress leader Navjot Singh Sidhu on the political crisis b...

Cities

View All