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ONDC to launch insurance products in its network this week

ONDC to launch insurance products in its network this week

by AIP Online Bureau | Sep 25, 2023 | Indian News, Intermediaries, Non-Life, Technology

Providing massive opportunties to the insurance industry, the platform will initially launch Motor, Health, Marin and will add more insurance products going ahead, according to an official Mumbai: After launching credit products, the government-backed Open Network for...
Can’t interfere in employment agreement between pilots Akasa Air DGCA to HC

Can’t interfere in employment agreement between pilots Akasa Air DGCA to HC

by AIP Online Bureau | Sep 25, 2023 | Indian News, Regulation, Workplace/Employee Benefits

The civil aviation regulator filed its written submissions in response to a plea by the fledgling airline which has said it was in a state of crisis following the sudden and abrupt resignation of 43 pilots, who left the airline without serving the mandatory notice...

Ambulance service provider DIAL4242 closes USD 10 mn seed funding round

by AIP Online Bureau | Sep 25, 2023 | Health, Indian News

”Investing in DIAL4242 isn’t merely a strategic decision…This investment transcends financial objectives; it’s about actively contributing to lifesaving solutions and fostering greater healthcare accessibility,” said Raju, who is the Managing...
India’s economic growth threatened as household savings hit 16-year low

India’s economic growth threatened as household savings hit 16-year low

by AIP Online Bureau | Sep 25, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation

“The household sector is consuming by borrowing more,” said Rupa Rege Nitsure economist with L&T Finance Holdings Ltd. This happens when income level stays stagnant but inflation creeps up. The recovery is not broad-based — while a section splurges on luxury...
“Our aim is profitability. We aspire to be among the top performing global reinsurers”

“Our aim is profitability. We aspire to be among the top performing global reinsurers”

by AIP Online Bureau | Sep 25, 2023 | Intermediaries, Interviews, Non-Life, Reinsurance, Technology

In an exclusive interview with Asia Insurance Post, on the occasion of Rendezvous September, Monte Carlo, Devesh Srivastava, CMD, GIC Re highlights major achievements during his 4-year tenure as the head of the third largest Asian reinsurer. The period of...
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