Mini Ipe takes charge as Managing Director of Life Insurance Corporation of India
Bengaluru(Press Release): Mini Ipe has taken charge as Managing Director of Life Insurance Corporation of India on 2nd August, 2021.
She was appointed as Managing Director vide Government of India notification dated 5th July, 2021. Mini Ipe is a post graduate in Commerce from Andhra University and has joined LIC in 1986 as a Direct Recruit Officer.
She has rich and diverse experience in LIC having worked in various capacities. Prior to taking charge as Managing Director, she was Executive Director, Legal Department, LIC of India. Ms.Mini Ipe was the first woman Zonal Manager (In-charge) of LIC and headed SCZO, Hyderabad. She has also worked as Executive Director (International Operations), Director & CEO of LICHFL Financial Services Ltd. and was instrumental in taking LICHFL Financial Services Ltd. to new heights in business revenue and profits during her tenure.
She has also worked as Regional Manager (P&IR) and Regional Manager (Estate) of Western Zone.
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Man arrested with Rs 2.54-crore heroin in Mumbai
Mumbai (PTI): Police have arrested a man and seized over 500 grams of heroin worth Rs 2.54 crore in the illicit market from him in Mumbai, officials said on Friday.
The police's Anti-Narcotics Cell (ANC) made the drug seizure in Santacruz in the western suburbs. The operation was conducted by the Kandivali unit of the ANC on Thursday as part of a special crackdown against drug trafficking in the area, they said.
Acting on specific inputs, an ANC team conducted a raid in Santacruz (East) and intercepted a man. During a search, the team recovered 508 grams of high-grade heroin from his possession, an official said.
The seized contraband, a highly addictive, opioid drug derived from morphine, is estimated to be worth Rs 2.54 crore in the international market, he informed.
Following the seizure, a case was registered against the man under relevant sections of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985, and he was formally placed under arrest in the early hours of Friday.
The police are currently investigating the source of the drug and trying to identify the intended recipients of the consignment, he said.
