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Reliance Capital resolution plan all set to clear its final hurdle today

Reliance Capital resolution plan all set to clear its final hurdle today

by AIP Online Bureau | Sep 1, 2023 | Indian News, Life, Regulation

According to sources, based on this SC order, the NCLT is likely to follow the same path and dismiss Torrent’s plea. Prior to NCLT, Torrent Investment had approached SC and filed a plea seeking to restrain NCLT from considering IIHL’s resolution plan, but in a...
LIC secures 107th position in Fortune Global 500 list

LIC secures 107th position in Fortune Global 500 list

by AIP Online Bureau | Sep 1, 2023 | Indian News, Life, Pension & Social Security

Life Insurance Corporation(LIC) is celebrating its 67th anniversary on Friday. With 13.47 lakh agents, LIC has taken many customer-centric initiatives and digital initiatives besides improving pricing and creating operational efficiencies Mumbai: With total 27.74...

GDP grows at 7.8 pc in Apr-Jun, India remains fastest growing economy

by AIP Online Bureau | Aug 31, 2023 | Eco/Invest/Demography, Indian News, Policy

The expansion in ‘financial, real estate and professional services’ GVA was 12.2 per cent, up from 8.5 per cent in the year-ago quarter New Delhi: India recorded an economic growth rate of 7.8 per cent in the April-June quarter of 2023-24 and remained the fastest...
IRDAI allows modifications in some closed life products

IRDAI allows modifications in some closed life products

by AIP Online Bureau | Aug 31, 2023 | Indian News, Life, Regulation

The move will help the life insurers to provide enhanced flexibility while ensuring that policyholders benefits are not adversely impacted, the life insurers had told the IRDAI Hyderabad: The IRDAI has now allowed the life insurers to modify some of their products...
US judge set to decertify Google Play class action

US judge set to decertify Google Play class action

by AIP Online Bureau | Aug 31, 2023 | International News, Technology

Decision by U.S. District Judge James Donato in San Francisco could significantly reduce damages that Google, a unit of Alphabet, might owe over the distribution of Android mobile applications Consumers claimed they would have paid less for apps and enjoyed expanded...
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