Rs 53k crore IDBI stake sale with LIC takes government past selloff target

NEW DELHI: Govt and LIC will sell a combined 60.7% in IDBI Bank for Rs 52,878 crore to an arm of Fairfax Financial Holdings, which is controlled by Canadian billionaire…

LIC launches three new plans

LIC CEO and Managing Director R. Doraiswamy with other senior officials at the launch of the plans. | Photo Credit: Arrangement The Life Insurance Corporation of India (LIC) has introduced…