Governance Matters and the Government Is Not Setting the Right Example
Life Insurance Corporation of India (LIC) is scheduled to hit the markets soon with its initial public offering (IPO). To facilitate this, every kind of relaxation needed in the regulations has been made. Unbelievable turnaround times for clearances; a phenomenal change in the profit share ratio between the shareholder and the policyholders (adversely impacting the policyholders) are but a few...
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