"True LEADER always leads his team to success". The mantra in which Mr. Rajesh Kumar Hegde truly believes in. In words of Mr. Rajesh Kumar Hegde himself, "Recruiting is easy, building a team is difficult and even more difficult is producing Successful Entrepreneurs. My mission is to make each and everyone in my team a Successful Entrepreneur who becomes the brand ambassador of LIC".
State-owned insurer LIC's board has approved a 1:1 bonus share issue, granting one additional share for every share held on the record date. This move will be funded by capitalizing Rs 6,325 crore from reserves by December 2025 and is expected to be completed within two months of the board's approval.
Indian economy on strong footing but duration of West Asia conflict, resultant damage to the energy infrastructure add risk to inflation, growth outlooks, says RBI Governor Malhotra.
