The report said that LIC#39;s brand value remains steady at USD 9.8 billion, accompanied by a brand strength index score of 88.3 and an associated AAA brand strength rating.
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Trends in the GIFT Nifty indicate a negative start for the broader index in India, with a loss of 44 points or 0.20 percent.
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The company has received a communication/demand order for interest and penalty from the Additional Commissioner, Central GST Central Excise Jamshedpur, LIC said in a regulatory filing.
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“Due to low rainfall between June and September 2023, relatively less water is available in reservoirs, but the water supply to the city won#39;t get affected,” the Brihanmumbai Municipal Corporation stated on Tuesday.
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In the Chinese e-commerce giant#39;s latest reversal of its restructuring plan, Alibaba, which holds a stake of around 64% in Cainiao, said it was offering to acquire the remaining stock.
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The move is part of a cost-cutting drive announced nearly a year ago which will result in the loss of some 11,000 jobs worldwide.
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