The uncertainty over LIC's top job arose when former chairman TS Vijayan was denied an extension after his term came to an end on May 2.
Uttar Pradesh Lokayukta Justice N K Mehrotra on Tuesday recommended an inquiry by an independent agency, including Central Bureau of Investigation or Enforcement Directorate, against former sports minister Ayodhya Prasad Pal in a disproportionate assets case.
Uttar Pradesh Lokayukta indicted 199 government officials, including two ministers, in the Rs 1,410 cr memorial scam. However, the omission of then chief minister Mayawati from the list has raised eyebrows. Sharat Pradhan reports
Samajwadi Party president Mulayam Singh Yadav got Justice N K Mehrotra an extension of two years, nearly a week after he had completed his full-term as UP Lokayukta. Sharat Pradhan reports.
D K Mehrotra, chairman, LIC, tells Business Standard the proposed new product guidelines need to be tailored with some caution.
Chairman says turnaround has begun in sector expects 10% growth in firm's core business this year.
In further embarrassment for Chief Minister Mayawati, Uttar Pradesh Lokayukta has now recommended removal of a junior minister, the fifth member of her ministry to be indicted by the anti-corruption ombudsman.
Chairman of insurance giant says it has invested Rs 16,000 cr in equity till Oct.
Virtually driven against the wall following indictment by Uttar Pradesh Lokayukta Justice N K Mehrotra, state animal husbandry and dairy development minister Avadhpal Singh Yadav on Wednesday put in his papers, an official spokesman said in Lucknow.
The minister wrote he had not said anything against the dignity of the post, however, if dignity of the post was hurt due to wrong selection of words by him, he apologises for it, they said.
"BJP national general secretary Kirit Somaiya lodged a complaint against me with Lokayukta, but nothing was found. If I did not have personal relationship with Lokayukta I could have moved the Supreme Court and got him removed," Upadhyaya said while addressing a public meeting in Haathras on Friday evening.
Uttar Pradesh Lokayukta has launched an inquiry against yet another minister in the Mayawati government for alleged misuse of office, just days after the ombudsman recommended sacking of the fifth member of her ministry.
Another cabinet minister of the Mayawati government has come under the scanner of the Uttar Pradesh Lokayukta for alleged misuse of office.
A whistle-blower, who dared to make a complaint to the Uttar Pradesh Lokayukta against a minister, is now being hounded by the latter. Literally terrorised by the minister's sustained intimidation, the whistle-blower is now on the run.
Decks have been cleared for acting chairman D K Mehrotra to become the regular chairman of Life Insurance Corporation, as the finance ministry has decided to send his name to the Appointment Committee of Cabinet (ACC) for final approval.
"We have written to all the companies in which we have nominee-directors, asking them not to give Esops," said LIC managing director D K Mehrotra. He said there were more than 100 companies in which LIC had nominee-directors.
Roy joined the largest insurance company in the country in 1981.
The Uttar Pradesh government on Monday ordered a vigilance probe against former Bahujan Samaj Party minister Naseemuddin Siddiqui and his wife in connection with a disproportionate assets case after Lokayukta recommendations.
Retired Allahabad HC Justice Sanjay Mishra was sworn in as the new Lokayukta of UP bringing to an end a bitter year-long feud between Raj Bhawan and the state government.
Life Insurance Corporation of India (LIC) on Friday got its first female managing director and another new MD.
Bahujan Samaj Party chief Mayawati's close aide Naseemuddin Siddiqui and former minister Babu Singh Kushwaha were among the 19 people booked on Wednesday for their alleged role in the Rs 1,400 crore scam in the construction of Dalit memorials and parks in Uttar Pradesh.
When the governor and chief justice objected to his choice, the UP chief minister just changed the law.
Uttar Pradesh chief minister Akhilesh Yadav received a jolt on Tuesday when Governor Ram Naik finally rejected his recommendation for the appointment of the state's Lokayukta.
The Supreme Court on Monday rapped the Uttar Pradesh government for not appointing Lokayukta in the state despite its directions and ordered compliance by December 16, saying it seemed that appointing authorities have their "own agenda".
The complaint alleges that Thakur misused his position as IG and both, he and his wife, possessed properties disproportionate to their income.