न्यूज से अंग्रेजी सीखों - LIC seeks to appoint CFO ahead of its mega IPO - #Use of According to

न्यूज से अंग्रेजी सीखों - LIC seeks to appoint CFO ahead of its mega IPO - #Use of According to

LIC seeks to appoint CFO ahead of its mega IPO : https://namaste-english.com/daily-news/news-article-lic-seeks-to-appoint-cfo-ahead-of-its-mega-ipo-i1632822922224.html

Use of According to :

According to means ‘as reported by’ or ‘as stated by’ and refers to an opinion which is not the speaker’s opinion. According to usually occurs in front position. It is commonly followed by a noun phrase and sometimes by a clause:
Example :
1. According to Jeff, the film starts at 7.30.
2. According to the instructions, you’ll need to buy some glue.

We often use according to in formal contexts to refer to official evidence such as statistics or reports:
Example : According to a recent report by the Department of Health, most people still do not take enough exercise.

According to also means ‘depending on’ or ‘in agreement with’:
Example :
1. They take a test and are then put in to groups according to their ability.
2. The rents are high but they vary according to whether you want a garden.

NEWS in details :

State-backed #Life Insurance Corp of India (#LIC) is seeking to appoint a #chief financial officer, according to a notification on its website, ahead of an initial public offering slated before the end of the fiscal year. The move to hire a #CFO follows a decision to re-designate LIC’s top job to chief executive officer from chairman earlier this year. #LIC is currently under going a valuation exercise for an IPO that could be India's biggest ever as the government seeks to raise around 900 billion Indian rupees by selling 5%-10% stake in the company by the end of the fiscal year that runs through March.Recently, government appointed ten investment banks including Goldman Sachs, Citigroup and #SBI Capital Market to handle the offering.

भारतीय जीवन बीमा निगम (एलआईसी) अपनी वेबसाइट पर एक अधिसूचना के अनुसार, वित्तीय वर्ष के अंत से पहले एक प्रारंभिक सार्वजनिक पेशकश से पहले, एक मुख्य वित्तीय अधिकारी नियुक्त करने की मांग कर रहा है। सीएफओ को नियुक्त करने का कदम इस साल की शुरुआत में एलआईसी की शीर्ष नौकरी को मुख्य कार्यकारी अधिकारी के रूप में फिर से नामित करने के निर्णय के बाद लिया गया है।एलआईसी वर्तमान में एक आईपीओ के लिए एक मूल्यांकन अभ्यास के तहत जा रहा है जो कि भारत का अब तक का सबसे बड़ा हो सकता है क्योंकि सरकार मार्च तक चलने वाले वित्तीय वर्ष के अंत तक कंपनी में 5% -10% हिस्सेदारी बेचकर लगभग 900 बिलियन भारतीय रुपये जुटाना चाहती है। हाल ही में, सरकार ने पेशकश को संभालने के लिए गोल्डमैन सैक्स, सिटीग्रुप और एसबीआई कैपिटल मार्केट सहित दस निवेश बैंकों को नियुक्त किया।

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