October 24, 2020

New India Assurance , Genenral Insurance Corp- 10% Stake Sale by Govt. Likely

 Please click :-

https://economictimes.indiatimes.com/markets/stocks/news/govt-set-to-divest-10-in-gic-re-new-india-assurance/articleshow/78840087.cms?utm_source=newsletter&utm_medium=email&utm_campaign=NewsDigest&utm_content=todayhighlights&utm_term=1&ncode=d361cc3f69bb34864998bcae362a59d3389ddea79007c0db39197aa51d34eac99770ef53c0f9c9abab4eee863486a17b8c45a8443b906272da17004c39f85ab663d680c92400f0023f3c3543ab0e32c1

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Blog Comments 

New India Assurance was earlier owned by Tatas . It was nationalised in 1973 by Indira Gandhi. . Very little compensation was paid. JRD Tata had described the move as " Confiscation ."

 

 

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