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Life Insurance Corp appoints Ramakrishnan Chander as new CIO
Life Insurance Corp appoints Ramakrishnan Chander as new CIO

Business Standard

time2 days ago

  • Business
  • Business Standard

Life Insurance Corp appoints Ramakrishnan Chander as new CIO

Life Insurance Corporation of India (LIC) announced that its current executive director, Ramakrishnan Chander, has assumed charge as the company's new chief investment officer (CIO), effective immediately. Chander will serve as CIO until his superannuation, which is scheduled for 30 September 2027. With this appointment, he becomes one of LIC's key managerial personnel. Chander joined LIC in 1990 as an assistant administrative officer after completing his post graduation diploma in financial management. He is also a fellow of the Insurance Institute of India. According to LIC, Chander has an experience of working as senior divisional manager of Nagpur and Hyderabad divisions. He has also worked as regional manager (marketing), South Zone and as regional manager (pension & group schemes), South Central Zone. Previously, Chander led LIC's strategic business unit international operations as executive director. He currently heads investment front office of the company. LIC has been providing life insurance in India for more than 65 years and is the largest life insurer in the country. The company reported 38.15% jump in standalone net profit to Rs 19,012.79 crore while total income fell 3.53% to Rs 243,386.15 crore in Q4 March 2025 over Q4 March 2024. The scrip rose 0.13% to Rs 957.75 on the BSE.

Suicide victim was hypersensitive to petulance....', court acquits his wife, man
Suicide victim was hypersensitive to petulance....', court acquits his wife, man

Time of India

time16-05-2025

  • Time of India

Suicide victim was hypersensitive to petulance....', court acquits his wife, man

1 2 3 Panchkula: Finding that the victim, who committed suicide, was "hypersensitive" to ordinary petulance, discord, and differences in domestic life, which are not expected to induce a similarly circumstanced individual in a given society to commit suicide, a Panchkula court on Thursday acquitted his wife and another man. "If it transpires to the court that a victim committing suicide was hypersensitive to ordinary petulance, discord, and differences in domestic life quite common to the society to which the victim belonged, and such petulance, discord, and differences were not expected to induce a similarly circumstanced individual in a given society to commit suicide, the conscience of the court should not be satisfied for basing a finding that the accused charged with abetting the offence of suicide should be found guilty," observed the court of Panchkula sessions judge Ved Parkash Sirohi. The court also said in the case of alleged abetment of suicide, there must be proof of direct or indirect acts of incitement to the commission of suicide. "The court should be extremely careful in assessing the facts and circumstances of each case and the evidence adduced in the trial for the purpose of finding whether the harassment meted out to the victim induced him to end his life by committing suicide," noted the court. "...There must be a direct nexus between the act and omission of the accused and the commission of suicide by the deceased. Here in this case, no evidence has been brought by the prosecution to prove that the accused played any role in the commission of the alleged suicide by the deceased. As such, the prosecution has failed to prove its case against the accused beyond doubt...," ordered the court while observing. Statements of prosecution witnesses were not found to be satisfactory. Thus, Manju Devi and Noorudeen were acquitted of charges under Section 306 of the IPC (abetment to suicide) in connection with the 2019 death of Chander Pal Sharma. The case dates back to November 21, 2019, when he was found dead at the railway tracks. Initially treated as a railway accident, the case took a turn in February 2020 when his brother, Rakesh, alleged that Chander committed suicide due to the illicit relationship between his wife Manju and Noorudeen, both natives of Budaun, Uttar Pradesh. He claimed Manju, who was then a present resident of Rampur Saini, Dera Bassi, previously eloped with Noorudeen, which led to Chander's mental distress. Following this complaint, an FIR was registered under Sections 306 and 34 IPC. Both accused were arrested and later granted bail. MSID:: 121192891 413 |

Pak drones target army bases in Pathankot, Jalandhar; neutralised
Pak drones target army bases in Pathankot, Jalandhar; neutralised

Hindustan Times

time09-05-2025

  • Politics
  • Hindustan Times

Pak drones target army bases in Pathankot, Jalandhar; neutralised

Pakistan on late Thursday launched drone and rocket attacks targeting key military facilities in Punjab's Pathankot and Jalandhar. In Bathinda, the Indian forces foiled drone attacks by Pakistan. Bathinda deputy commissioner Showkat Ahmad Parray said that a few drones were spotted which were neutralised. 'No damage was reported in the district,' he added. Residents spotted at least two empty shells of explosive devices lodged by Pakistani drones at Lal Singh Basti and Bir Talab Basti-4, located on Bathinda's periphery. The Indian Air Force has alerted the Punjab government of a possible air attack by Pakistan. Apart from attacking defence establishments, Pakistan also tried to target Ranjit Sagar Dam and Pathankot military station. In Pathankot district, some locals claimed they heard an explosion-like sound. 'Loud blasts were heard at Matti Kot village near Ranjit Sagar Dam, and Gharmata near the Pathankot Cantonment Area. The airbase at Pathankot was also targeted,' said Chander, a local resident of Pathankot. 'Military stations at Jammu, Pathankot and Udhampur were targeted by Pakistani-origin drones and missiles along the International Border in Jammu and Kashmir today,' a defence ministry spokesperson said. 'The threats were swiftly neutralised using kinetic and non-kinetic capabilities in line with established standard operating procedures (SOPs),' he said, adding no casualties or material losses were reported. Anticipating the attack, the district administration has already declared blackouts in 16 districts of Punjab, including Fazilka, Ferozepur, Amritsar, Gurdaspur, Tarn Taran, Pathankot, Jalandhar, Hoshiarpur, Bathinda, Sangrur, Mohali, Ludhiana, Rupnagar, Barnala, Muktsar and Patiala districts. The blackout in Mohali, Ludhiana Rupnagar, Jalandhar, Patiala and Muktsar is partial. Another resident of Pathankot, Jasdeep Singh, also confirmed the strikes by Pakistan, saying that the situation is alarming as loud blasts have been heard on more than three occasions. 'We appreciate that the air defence system of India has defused the missiles in the air,' he said. In the evening, Pakistani missiles also attacked defence establishments located in Jalandhar. Deputy commissioner, Jalandhar, Himanshu Aggarwal confirmed that the drone attacks were carried in near PAP headquarters and Sooramusi area, a Jalandhar Cantonment area. 'Our armed forces are taking care of most of things and they have neutralised most of the drones. We all should support them and help in adhering to the protocol of blackout as well as prevention of fake news/videos/msgs that can spread panic amongst common people. Civilian population is not being targeted as per official information. So please don't worry and be calm,' the DC said. 'The situation is under control, but it's a fact that Pakistan is targeting the Punjab border. Air Force officers have been alerted of possible attacks. We are following the Government of India and state government guidelines to ensure the safety of residents,' said a senior official. Another senior official said the Centre has asked the state government to enable communication systems directly linked with satellites. 'We are directed to buy and use satellite phones,' he said. The border area DCs have been asked to build bunkers to function during emergency situations. The Punjab government on Thursday directed all deputy commissioners to remain alert and coordinate with the defence forces. The home department has been asked to align with the NDRF, while the food department has been tasked with ensuring the smooth availability of grains in every border district.

Nearly 3 times over the DUI limit, man who killed Naperville bicyclist get 10-year sentence
Nearly 3 times over the DUI limit, man who killed Naperville bicyclist get 10-year sentence

Chicago Tribune

time28-04-2025

  • Chicago Tribune

Nearly 3 times over the DUI limit, man who killed Naperville bicyclist get 10-year sentence

A driver nearly three times over the legal intoxication limit when he struck and killed a Naperville bicyclist in Woodridge was sentenced Monday to 10 years in prison. Salil Chander, 35, of Woodridge, was drunk when he left his home in the 4100 block of Nelson Court about 5 p.m. Aug. 6, 2023, according to a DuPage County State's Attorney's Office news release. He drove into a light pole on Nelson Court and then headed westbound on Green Trails Drive, where he veered into the eastbound lanes and struck 64-year-old Michael Norton as he was riding his bike, the release said. An eyewitness called 911 after seeing the incident and Chander leaving the scene. Woodridge police arrested him about a third of a mile away at Green Trails Drive and Ridgewood Road, the release said. Chander's blood alcohol content was later found to be 0.222. The legal driving limit is 0.08 or less. Chander pleaded Monday guilty but mentally ill to one count of aggravated driving under the influence resulting in the death of another person, a class 2 felony. DuPage County Judge Joseph Bugos handed down the sentence. Chander had been held at the DuPage County jail in lieu of $1 million bond until October 2024, when the state's Pre-Trial Fairness Act went into effect and he was granted pre-trial release. 'With a BAC of nearly three times the legal limit, Mr. Chander had no business behind the wheel of a car,' State's Attorney Robert Berlin said in a statement. 'The sad truth is, like all drunk driving fatalities, the tragic death of an innocent person was completely avoidable had Mr. Chander simply not operated a vehicle after he had been drinking.' Under state law, Chander will be required to serve 85% of his sentence before being eligible for parole.

Man sentenced to 10 years in fatal 2023 DUI hit-and-run crash in Woodridge
Man sentenced to 10 years in fatal 2023 DUI hit-and-run crash in Woodridge

CBS News

time28-04-2025

  • CBS News

Man sentenced to 10 years in fatal 2023 DUI hit-and-run crash in Woodridge

A Woodridge man was sentenced to 10 years in prison for a DUI hit-and-run crash that killed a bicyclist in 2023, the DuPage County State's Attorney's Office announced on Monday. Salil Chander, 35, appeared in court where he entered a guilty plea, but mentally ill, to one count of aggravated DUI resulting in the death of another person. On Aug. 6, 2023, just after 5 p.m., Woodridge police officers responded to a 911 call on the 4100 block of Nelson Court. About three minutes later, the caller told officers that a person [Chander] left the home in a silver Kia. Shortly after, Chander hit a light pole on Nelson Court. After hitting the light pole, he continued driving westbound on Green Trails Drive when he veered into the eastbound lane of Green Trails Drive, where he hit and killed the victim, Michael Norton, 64, of Naperville, who was riding a bicycle. After hitting the bicyclist, Chander continued to drive away, the office said. An eyewitness to the crash called 911. Woodridge officers quickly arrived and found Chander about three-tenths of a mile away near Green Trails Drive and Ridgewood Road, where he was arrested. Investigation into the crash found that Chander's blood alcohol level was 0.222. Prior to his sentencing, Chander appeared in bond court on Aug. 8, 2023, where his bond was set at $1 million with 10% to apply. Then, in October 2024, following a pre-trial detention hearing under the new Pre-Trial Fairness Act, Chander was granted pre-trial release. Chander must serve 85% of his sentence before being eligible for parole. The office said he was taken off the floor following Monday's appearance and will begin serving his sentence immediately.

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