New Delhi. Pragati App will give various information like monitoring team apart from updating the real information about the performance of your workforce in critical areas of business performance like premium collection and agency activation. LIC ( LIC ) for the sake of ease of operation for the employees of our customers and field has many customer-centric and digital initiatives.
Ahead of the launch of the IPO, Life Insurance Corporation of India has released a new mobile app ‘Pragati’ (Performance Review Application, Growth and Trend Indicator) for the use of its development executives.
Let us tell you that the government is going to bring LIC’s IPO. For this, the Modi government has appointed 10 merchant bankers, including Goldman Sachs (India) Securities, Citigroup Global Markets India and Nomura Financial Advisory & Securities India, to manage the initial public offering (IPO) of the country’s largest insurance company LIC.
SBI Capital Markets, JM Financial, Axis Capital, BofA Securities, JP Morgan India, ICICI Securities and Kotak Mahindra are among the other bankers that have been selected to manage the mega IPO, according to a circular posted on the website of the Department of Disinvestment. Capital Company Ltd. Are included.
Tuhin Kant Pandey, Secretary, Department of Investment and Public Asset Management (DIPAM), tweeted that the government has selected book running lead managers and other advisors for LIC’s IPO. The disinvestment department had invited applications for the appointment of merchant bankers on July 15. Subsequently, 16 merchant bankers made presentations for the management of LIC’s IPO.
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