LIC may propose 3-5 year time for IDBI Bank stake cut

LIC may propose 3-5 year time for IDBI Bank stake cut

New Delhi, March 17 (IANS) The country’s largest life insurer Life Insurance Corporation (LIC) may propose a timeline of 3-5 years for cutting down its stake in the recently acquired IDBI Bank to comply with insurance regulator Irdai’s norm of 15 per cent stake in a listed investee firm.

Christchurch attack: Adern questions Facebook

Christchurch attack: Adern questions Facebook

Christchurch, March 17 (IANS) New Zealand Prime Minister Jacinda Ardern on Sunday said she intends to ask Facebook how the Christchurch gunman, who slaughtered 50 people during Friday prayers, was able to livestream the massacre.

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