Tag: GIC
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Government set to raise ₹3,090 crore via 5% stake sale in GIC Re
Mumbai: The government aims to raise about ₹3,090 crore by selling up to a 5% stake in General Insurance Corp. of India (GIC...
GIC Re receives ₹350 crore income tax demand notice for FY23; to file appeal at NFAC
State-owned reinsurer General Insurance Corporation of India (GIC Re) on Friday (April 10) said it has received a notice of demand under Section 156 of...
Hitesh Joshi recommended for top post at GIC Re by FSIB
The Financial Services Institutions Bureau (FSIB) has recommended the name of Shri Hitesh Rameshchandra Joshi for the position of Chairman-cum-Managing Director (CMD) at GIC...
GIC Housing Finance AGM clears ₹2,500-crore NCD issuance
GIC Housing Finance Limited on Tuesday (August 19) said its shareholders have approved the issuance of redeemable non-convertible debentures (NCDs) of up to ₹2,500...
Jio Financial-Allianz JV: Four key factors that could disrupt GIC Re’s dominance
Reliance‑backed Jio Financial Services and German insurer Allianz announced formation of a 50:50 joint venture in India’s reinsurance market on Friday, July 18. Alongside...
