Author: Rishabh Sharma

NEW DELHI – The Life Insurance Corporation of India (LIC) has formally notified stock exchanges of the superannuation of three senior management officials, effective March 31, 2026. In a regulatory filing under SEBI’s Listing Regulations, the corporation confirmed that the officials will be relieved of their duties at the close of business today, March 30, 2026. The transition is part of LIC’s ongoing succession planning as it manages its massive operational network across India. Retiring Senior Management Personnel The officials stepping down from their respective roles include: Geeta Prabhakaran: Executive Director (Subsidiaries), Mumbai. Chilaka Venkata Ramana: Executive Director (New Business…

NEW DELHI – Registrar General and Census Commissioner of India, Shri Mritunjay Kumar Narayan, announced today that the long-awaited Census 2027 will officially commence its first phase on April 1, 2026. This 16th Indian Census marks a historic shift as the world’s largest administrative exercise goes fully digital for the first time. The government has allocated an outlay of ₹11,718.24 crore to manage the massive scale of the operation, which involves over 3.1 million trained enumerators and supervisors. A Two-Phase Digital Roadmap The Census will be conducted in two distinct stages to ensure comprehensive data collection: Phase I: House Listing…

NEW DELHI – The Ministry of Environment, Forest and Climate Change is set to implement the Solid Waste Management Rules, 2026, starting April 1, 2026. Replacing the decade-old 2016 framework, these new regulations prioritize a circular economy and enhanced accountability for large-scale waste producers. The details were shared by Union Minister of State Shri Kirti Vardhan Singh in a written reply to the Lok Sabha today. Key Mandates of the 2026 Rules Four-Stream Segregation: Households and entities must now sort waste into four distinct categories at the source: Wet Waste (Biodegradable) Dry Waste (Recyclable/Non-recyclable) Sanitary Waste Special Care Waste (Hazardous/Electronic…

MUMBAI – In a move to strengthen its corporate governance and operational leadership, Magnus Steel and Infra Limited (formerly Magnus Retail) has appointed Chinmay Pradhan as its new Managing Director, effective March 28, 2026. The appointment was approved during a board meeting held over the weekend.

JODHPUR – The Board of Directors of Neelkanth Rock-Minerals Limited has approved the re-appointment of Noratmal Kawar as Managing Director for a fresh three-year term. The decision, finalized during a board meeting on March 28, 2026, follows a recommendation from the Nomination and Remuneration Committee.

NEW DELHI – Lieutenant General Abhijit S Pendharkar, the current General Officer Commanding (GOC) of the Dimapur-based Spear Corps (3 Corps), is set to take over as the Director General of Military Operations (DGMO) of the Indian Army.

NEW DELHI – In a significant leadership transition for India’s largest public-sector steel maker, the Public Enterprises Selection Board (PESB) has recommended Dr. Ashok Kumar Panda for the position of Chairman and Managing Director (CMD) of Steel Authority of India Limited (SAIL).

GANDHINAGAR – Prime Minister Narendra Modi is scheduled to visit Gujarat on March 31, 2026, for a high-impact tour centered on technological self-reliance, cultural heritage, and infrastructure expansion. The visit includes the inauguration of India’s second commercial semiconductor plant and the launch of projects worth over ₹20,000 crore. Key Highlights of the Visit: Jain Heritage at Koba Tirth: On the occasion of Mahavir Jayanti, the PM will inaugurate the Samrat Samprati Museum in Gandhinagar. Named after the grandson of Emperor Ashoka, the museum features seven galleries showcasing over 2,000 rare Jain artifacts, manuscripts, and immersive digital exhibits. Semiconductor Milestone in…

NEW DELHI – State-run hydropower giant NHPC Limited has announced a strategic increase in its core portfolio, officially raising its stake in the Ratle Hydroelectric Power Corporation to 51%. The move, confirmed on March 29, 2026, transitions the project into a majority-owned subsidiary of NHPC. The stake increase from 49.72% follows the allotment of additional equity shares after NHPC released its matching equity contribution. The development signals a long-term commitment to expanding India’s renewable and hydroelectric energy capacity. Tax Dispute: NHDC Limited Receives Demand Notice In a separate regulatory filing, NHPC informed stock exchanges that its subsidiary, NHDC Limited, has…

BENGALURU – Biocon Limited has announced the appointment of Shreehas Pradeep Tambe as its Chief Executive Officer and Managing Director, effective April 1, 2026. This leadership shift coincides with a major corporate restructuring aimed at fully integrating Biocon Biologics Limited as a wholly-owned subsidiary of the parent company.