LIC of India celebrates 69th anniversary in Hyderabad
Hyderabad: The Life Insurance Corporation of India (LIC) marked its 69th anniversary on Sunday with a flag-hoisting ceremony at the Zonal Office building in Saifabad, Hyderabad. The event was led by Sri Puneet Kumar, Zonal Manager of LIC’s South Central Zone.
Addressing the gathering, Puneet Kumar recalled that LIC was established in 1956 with an initial capital of Rs 5 crore from the Central Government. Today, the Corporation has grown into the world’s largest insurance brand with an asset base of Rs 56.22 lakh crore, as per Brand Finance Insurance 2024.
He highlighted that LIC currently offers 35 insurance products under its individual business, including Endowment, Term Assurance, Pension, Micro Insurance, Children’s plans, and Unit Linked products, catering to diverse needs across society.
Puneet Kumar also spoke about LIC’s focus on social initiatives. He pointed to the success of the Bima Sakhi programme, which empowers women in rural areas by giving them financial independence. So far, 48,882 women agents have been recruited under this initiative.
He further informed that a revival campaign is currently underway, offering up to 30% rebate on interest for the revival of lapsed policies. The campaign will run until October 17, 2025.
On the occasion, he urged employees to focus on three principles – My Country First, My Earth First, and My LIC First. He called upon staff to avoid the use of plastic, contribute towards environmental protection, and support the government’s Make in India initiative.
Puneet Kumar encouraged all LIC employees and agents to rededicate themselves to the Corporation’s motto, Yogakshemam Vahamyaham (your welfare is our responsibility), and continue working with commitment to take LIC to greater heights.
The event was attended by senior officials, including Sri Rajesh Bharadwaj, Sri M Ravi Kumar, Sri Saravana Ramesh, Sri G S Sastry, Sri P G Kumaravaidyalingam, and Sri A A M Hilali.
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MP: Woman, lover conspire to get husband killed; police looking for contract killer
Dhar (MP) (PTI): A 25-year-old woman and her lover have been arrested in the district for allegedly conspiring to kill her husband by hiring a contract killer, police said on Thursday.
The case was solved within 36 hours of the murder though the woman initially tried to mislead the police by claiming that robbers killed her husband, an official said.
Dev Krishna Purohit (28) was stabbed to death on the intervening night of Monday and Tuesday at his house in Gondikheda Charan village, about 60 km from here.
Superintendent of Police Mayank Awasthi told reporters that accused Priyanka Purohit (25) was married to Dev Krishna when she was around 15 years old. Priyanka moved to her matrimonial home after attaining adulthood but was unwilling to live with her husband, leading to frequent disputes between them.
During investigation, it emerged that she was in a relationship with Kamlesh (32), the SP said.
The duo allegedly hatched a plan to kill Dev Krishna and hired a man identified as Surendra for Rs 1 lakh do the job, he said
After Dev Krishna was killed, Priyanka told police that unidentified persons broke into the house, attacked her husband with a sharp weapon while holding her captive in another room, and fled with valuables.
But the inconsistencies in her statements raised suspicion, and eventually she confessed to hatching the murder conspiracy, the SP said.
While she and Kamlesh were arrested, police are looking for the contract killer, the official added.
