Friday, September 27, 2013

FM has asked Life Insurance Corporation of India to appoint board members in 50 companies


NEW DELHI: The Finance Ministry has asked Life Insurance Corporation of India to appoint board members in 50 companies in which it has a stake and no representation. 

The insurance behemoth has stakes in about 123 companies, of which it has board members in 73 firms, while there is no representation in 50 companies, a senior Finance Ministry official said. 

http://economictimes.indiatimes.com/news/economy/policy/finance-ministry-asks-lic-to-name-board-members-in-50-firms/

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