LIC's Strategic Investment Boosts National Housing Bank's Promoted Company

10 Jan 2024 CW Team

In a significant move, the Life Insurance Corporation of India (LIC) has strategically invested in a company promoted by the National Housing Bank (NHB).

This investment marks a key development in the financial landscape, reflecting LIC's commitment to fostering growth in the housing finance sector.

LIC's decision to invest in a venture backed by NHB underscores the synergy between two pivotal entities in India's financial domain. This collaboration is poised to have a far-reaching impact, potentially shaping the trajectory of housing finance in the country.

The strategic investment not only solidifies LIC's position as a major player in the financial market but also aligns with the broader goal of promoting affordable housing initiatives.

This investment by LIC represents a strategic step towards supporting the NHB's vision and contributes to the ongoing efforts to address housing needs across the nation.

As these financial giants join forces, the impact on the housing finance sector is anticipated to be substantial, fostering innovation and growth in the coming years.

Infrastructure Urban

11 Mar 2026

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..