VARINDIA IT MAGAZINE

KIC Housing Finance CEO - Siddhartha Mohanty roped in as new LIC MD:  With effect from February 1, the government has roped in   KIC Housing Finance Chief Executive Officer (CEO), Siddhartha Mohanty as the Managing Director of Life Insurance Corp. (LIC) .   The  Appointments Committee of the Cabinet (ACC)  has approved the appointment of Mohanty till his superannuation on June 30, 2023.   Mohanty has succeeded TC Susheel Kumar who is set to retire on January 31, 2021.   “ The Appointments Committee of the Cabinet (ACC) has approved the proposal of the department of financial services for appointment of Shri Siddhartha Mohanty, CEO,LIC Housing Finance as MD, LIC, in the pay scale of Rs.205,400 – Rs.224,400 with effect from the date of his assumption of charge of the post on or after 01.02.2021 and upto the date of his superannuation or until further orders, whichever is earlier”, the government notification said.... Read More

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   VMware, Inc. (VMW) has announced that Tata AIA Life Insurance Company Limited has selected VMware virtualization and cloud infrastructure technology to help the company reduce capital and operating costs, and accelerate their journey to the cloud. Tata AIA Life Insurance Company Limited is one of India’s leading life insurance companies with pan-India presence. Tata AIA Life Insurance Company Limited has deployed VMware vSphere to virtualize the company’s IT infrastructure. The VMware deployment has helped Tata AIA Insurance Company Limited consolidate its IT infrastructure from more than 90 servers to only 10 servers, helping the company save in capital and operational expenditure. Tata AIA Insurance Company Limited has also invested in a disaster recovery solution to protect its IT infrastructure and data with VMware vCenter Site Recovery Manager. Samrat Das, Chief Information Officer, Tata AIA Life Insurance Company Limi...