Connect with us

Business

Govt extends term of IPO-bound LIC’s chairman & MD by one year

Published

on

Govt extends term of IPO-bound LIC’s chairman & MD by one year

The government has extended the term of the chairman of the IPO Life Insurance Company (LIC) for another year to facilitate the smooth listing of the insurance giant, sources said.

In addition, the government extended the term of one of the managing directors, Raj Kumar, for another year.

With the extension, MR Kumar will remain as LIC chairman until March 2023, sources said.

Advertisement

This is the second extension of the LIC chairman. In June last year, he was given a nine-month extension given LIC’s planned IPO by the end of the current financial year.

The government has extended MR Kumar’s term from June 30, 2021 to March 13, 2022, the date when he will complete his three-year period, sources said.

The government wants to list LICs in this financial year based on the budget announcement.

Finance Minister Nirmala Sitharaman said in her budget speech that LIC’s initial public offering (IPO) will be listed in 2021-22 as part of an ambitious Rs 175 crore divestment target.

Advertisement

The government owns 100% of LIC. Once listed, it is likely to become the country’s largest company by market capitalization, with an estimated valuation of Rs 8-1 crore.

Complete News Source : Mint

Advertisement
Continue Reading

Web Series

Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

Published

on

By

Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

romantic partners

Hsu

Stephanie Hsu and Zosia Mamet talk about their new series Laid, and some of the horrors of dating as millennials.
Imagine a scenario where anyone and everyone you have ever been intimate with begins to die one by one. Is it a curse? If yes, then who is cursed? These are questions that Stephanie Hsu‘s Ruby battles with in the new zany comedy, Laid. Ahead of the show’s release, Stephanie and co-star Zosia Mamet spoke exclusively with HT about their roles, the show’s unique premise, and the horrors of dating as millennials. (Also read: Dune: Prophecy star Emily Watson on working with Tabu: ‘She is a true treasure’)

Stephanie Hsu on her character’s flawed morality

Laid, created by Nahnatchka Khan and Sally Bradford McKenna, is the story of Ruby (Stephanie Hsu), who discovers that all her sexual partners are dying one by one, and she must warn them. Helping her in this unique quest is her best friend AJ (Zosia). The fun thing about Laid is that the protagonists are not the usual likeable characters. “She is totally an anti-hero of our story. I really love that,” says Stephanie, referring to Ruby’s moral greyness. “I am not a perfect person and I love playing flawed characters. But it was difficult. The creators told me that she is a total narcissist. But narcissists don’t think they are one, so I had to figure out a way to love her. For me, playing Ruby was about getting into her psychology and finding the innocent part of her – which is that she just wants love,” the actor adds.

While sitcoms usually add the best friend as the voice of reason trope, Laid diverges from that, with AJ even zanier and more morally ambiguous than Ruby. Talking about playing such a colourful character, Zosia Mamet says, “When you play not-so-likable or zany characters, people don’t believe they are that way. I don’t think AJ wakes up every morning and thinks, ‘I am absolutely crazy’. It’s about trusting the writing and finding an organic way into these characters to make them seem grounded, real, and relatable.”

Advertisement

Stephanie, Zosia reveal the worst gifts they received from partners

In Laid, Ruby gives the gift of death to the men she is with, even if that is inadvertent. Ask the women about the worst ‘gift’ a partner has ever given them, and the discussions veer into the unusual horrors of modern-day dating. “I got a vintage wooden duck decoy from someone. It was broken, and I thought, ‘What does this say about our relationship?’. They didn’t know me well enough to know if I’d want this but also that they gave me something old and ailing,” Zosia says with a laugh.

Group Media Publications
Entertainment News Platforms – anyflix.in      
Construction Infrastructure and Mining News Platform – https://cimreviews.com/
General News Platform – https://ihtlive.com/

Advertisement
Continue Reading
Anyskill-ads

Facebook

Trending