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Life Insurance in India was nationalised by incorporating Life Insurance Corporation (LIC) in 1956. All private life insurance companies at that time were taken over by LIC. In 1993, the Government of India appointed RN Malhotra Committee to lay down a road map for privatisation of the life insurance sector.
The "LIC's Bima Sakhi Yojana" [27] scheme is a significant program introduced by the Life Insurance Corporation of India (LIC) under the guidance of the Government of India. [28] The scheme was officially inaugurated by Prime Minister Narendra Modi [29] [30] [31] on December 9, 2024, in Panipat, Haryana. The program aims to empower women by ...
The company got incorporated as a public limited company in Mumbai on 11 October 2000 and received Certificate of Commencement of Business from the RoC on 20 November 2000 and got registered with the IRDAI for carrying out business of life insurance on 29 March 2001. [6]
Bing Maps (previously Live Search Maps, Windows Live Maps, Windows Live Local, and MSN Virtual Earth) is a web mapping service provided as a part of Microsoft's Bing suite of search engines and powered by the Bing Maps Platform framework which also support Bing Maps for Enterprise APIs and Azure Maps APIs.
Sponsor banks are allowed to originate transactions the system required, they have a mutual agreement with NPCI and also are members of any payment system approved by the Reserve Bank of India. Destination banks are allowed to do transaction, process mandates and update the Aadhaar mapper through the use of the system.
Bing Maps Platform (previously Microsoft Virtual Earth) is a geospatial mapping platform produced by Microsoft.It allows developers to create applications that layer location-relevant data on top of licensed map imagery.
The company's overall operational performance resulted in an operational loss of ₹ 2,604.12 crore (US$300 million) in 2022-23 as against ₹ 3,025.25 crore (US$350 million) in 2021-22, thus recording a decrease of ₹ 421.13 crore (US$49 million).
LIC Building is a 15-storied building in Chennai, India, serving as the southern headquarters of the Life Insurance Corporation of India. It is the first skyscraper built in India [4] [5] and an important landmark in the city. Located on the arterial Anna Salai (formerly Mount Road), the building is 54 m (177 ft) tall.