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LIC unveils Smart Pension plan: Single premium annuity with multiple payout options
Business

LIC unveils Smart Pension plan: Single premium annuity with multiple payout options

The Life Insurance Corporation of India (LIC) has launched a single premium “Smart Pension plan,” offering a range of annuity options for single life and

IL&FS Group initiates ₹5,000 crore payout, including InvIT units
Business

IL&FS Group initiates ₹5,000 crore payout, including InvIT units

IL&FS Group companies have initiated an interim distribution of ₹5,000 crore – including ₹3,500 crore of Infrastructure Investment Trust (InvIT) units and ₹1,500 crore in