Tag: IDBI

Private life insurer IDBI Federal Life Insurance has recently announced the promotion of S P Prabhu as its Chief Investment Officer (CIO). The company has also appointed Mathivanan Balakrishnan as its Chief Financial Officer (CFO).

The government plans to reduce its stake in Indian Oil, the country's largest oil refining company, to less than 51 per cent. However, the government and its companies will retain control over IndianOil.