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Uncertainty looms over Reliance Nippon Life Insurance JV as RCAP Resolution Plan to come up for NCLT approval on Wed

Uncertainty looms over Reliance Nippon Life Insurance JV as RCAP Resolution Plan to come up for NCLT approval on Wed

by AIP Online Bureau | Aug 28, 2023 | Indian News, Life, Regulation

According to a banker involved in the process, as the resolution plan states that all existing shareholders agreement will be nullified, there is a question mark on the fate of RCAP’s life insurance joint venture with Nippon Life of Japan Mumbai: The resolution...
Jio Financial Services to enter insurance sector soon, confirms Mukesh Ambani

Jio Financial Services to enter insurance sector soon, confirms Mukesh Ambani

by AIP Online Bureau | Aug 28, 2023 | Health, Indian News, Life, Non-Life

`JFS will enter the insurance segment to offer simple, yet smart, Life, General, and Health insurance products through a seamless digital interface, potentially partnering with global players. It will use predictive data analytics to co-create contextual products with...

Climate change compensation could eat up 44% of global corporations profit: Study

by AIP Online Bureau | Aug 28, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts

Earlier this year, the European Union enacted rules that would eventually require firms to disclose carbon emissions and the United States Securities and Exchange Commission and the state of California are looking at similar regulations The world’s corporations...
Jan Dhan Yojana revolutionised financial inclusion in India, more than 50 cr bank a/cs opened: FM

Jan Dhan Yojana revolutionised financial inclusion in India, more than 50 cr bank a/cs opened: FM

by AIP Online Bureau | Aug 28, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Non-Life, Policy

Nirmala Sitharaman,Union Finance Minister Some of the features of PMJDY are, one Basic Savings Bank Deposit (BSBD) account to every unbanked adult, overdraft limit of Rs 10,000, and a free Rupay debit card with inbuilt accident insurance cover of Rs 2 lakh (Rs 1 lakh...

Millions of carbon credits generated by overestimating forest preservation: Study

by AIP Online Bureau | Aug 27, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts

Carbon credit markets have exploded in recent years. Over 150 million credits originated from voluntary REDD+ projects in 2021, with a value of US USD 1.3 billion. Some companies use carbon offsetting to claim progress towards ”net zero” while doing little...
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