PSU Salary Hike: Central Govt announces to raise 12% salary of employees of four General Insurance companies
The four General Insurance companies, whose employees and officers salaries increased by 12%, are New India Insurance ltd, United India Insurance ltd, the Oriental Insurance company ltd, and National Insurance company ltd. It will burden Rs 8000 crore on Central Government exchequer.
Oct 16, 2022, 13:24 PM IST
FinMin says no plan to take general insurance companies public
The new Insurance Act allows the government to disinvest its stake in five general insurance companies -- New India Assurance, United India Insurance, National Insurance, Oriental Insurance and sole reinsurer GIC Re.
Aug 30, 2015, 13:19 PM IST
