by AIP Online Bureau | May 23, 2024 | Indian News, Life, Non-Life, Regulation
The deadline for the implementation of the approved resolution plan was May 27, 2024. NEW DELHI: The administrator of debt-ridden Reliance Capital (RCap) has moved NCLT, seeking a 90-day extension beyond the deadline to implement the Rs 9,661 crore resolution plan...
by AIP Online Bureau | May 23, 2024 | Indian News, Non-Life, Wealth Management/ Philanthropy
The stock began the trade at Rs 281.10, up 3.34 per cent from the issue price on the BSE. During the day, it climbed 15.44 per cent to Rs 314. Shares of the company ended at Rs 305.75 apiece, up 12.40 per cent New Delhi: Shares of Go Digit General Insurance Ltd,...
by AIP Online Bureau | May 22, 2024 | Health, Indian News, Non-Life, Reinsurance
Titus Francis, executive director, NIA “NIA has delivered excellent results in FY24, despite adverse impact of several catastrophic claims during the year. It has recorded a 128 per cent growth in its net profit in Q4. On individual lines, Motor third party loss...
by AIP Online Bureau | May 22, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
The court has asked the Centre and Central Board of Film Certification (CBFC) to file a counter affidavit apprising it whether there is any other arrangement for OTT films or whether CBFC is authorised to give certificates to them too Lucknow: The Lucknow bench of the...
by AIP Online Bureau | May 22, 2024 | Indian News, Non-Life
Anil Aggarwal, MD & CEO, Shriram General Insurance Company. The general insurer’s combined ratio, one of the key matrix for profitability had fallen to 105.98 per cent in Fy 24 from 110.42 per cent in Fy 23 The company’s underwriting losses have fallen...
