LIC not run by someone's whims and fancies, has robust regulations in place: Expert
Mumbai, Oct 27 (IANS) The Life Insurance Corporation of India (LIC) is not an ad hoc institution -- being run by someone’s whims and fancies -- but has robust rules and regulations in place before making any investment, Sanjay Asher, a senior partner at law firm Crawford Bayley and Co, said on Monday.