As competition arrives, LIC now plans to focus on customers
The entry of private players has started changing the insurance business. Life Insurance Corporation (LIC), which monopolised the life insurance sector till last month, has finally discovered that it has customers.



Deadline for independent directors near, but CII complains
Corporate sector is desperately seeking independent directors. As many as 141 top companies will have to reshuffle their boards of directors within the next five months -- before the expiry of March 31, 2001 deadline set up by the market regulator SEBI.



Jaitley raps Zee chief for criticising Govt DTH policy
Union minister for law, justice and company affairs, Arun Jaitley rapped Zee Chairman Subash Chandra on the knuckles on government restrictions. At the inaugural session of the CII-sponsored Media Unconvention on Friday.



Other headlines
Bank stocks poor picks despite good Q2
Sluggish Q2 sales dim prospects for consumer goods
MRO-TEK lists at a discount
Viacom to buy BET for $2.5 bn
First NPA ‘Info Bureau’ on anvil
Lloyd’s wins major fraud case
FIs to sell Gesco stake after counter offer
UB acquires ABD for Rs 50 cr