by AIP Online Bureau | Mar 1, 2024 | Indian News, Life
From (Lto R), Siddhartha Mohanty, chairperson handing over a cheque of Rs Rs 2,441.44 crore to Nirmala Sitharaman, finance minister, as an interim dividend to the government. Vivek Joshi, Secretary, Financial Services and M P Tangirala, additional secretary,...
by AIP Online Bureau | Mar 1, 2024 | Banking & Bancassurance, Indian News, Non-Life
The move follows a May 2023 resolution by the bank’s board to increase the bank’s holding ICICI Lombard by another 4 per cent in multiple tranches Mumbai: Private sector lender ICICI Bank on Thursday said it has bought an additional 25.14 lakh shares of...
by AIP Online Bureau | Feb 29, 2024 | Indian News, Non-Life, Policy
The new head office of Chennai based United India Insurance, which was inaugurated by Union Finance minister Nirmala Sitharaman, virtually, on Friday The DFS now has prepared a new list of five general managers(GMs)- BS Rahul, Agriculture Insurance...
by AIP Online Bureau | Feb 29, 2024 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology
“The media companies involved have incurred losses due to a less competitive market, which is a direct result of Google’s misconduct,” a statement issued by their lawyers Geradin Partners and Stek said BRUSSELS: Alphabet’s Google was hit with a 2.1-billion-euro ($2.3...
by AIP Online Bureau | Feb 29, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“We expect strong underwriting profitability to continue supporting the reinsurers’ ratings this year, with price levels and favourable terms and conditions adequately compensating for high claims inflation. Investment income will continue to bolster earnings as...