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by AIP Online Bureau | May 17, 2026 | Workplace/Employee Benefits

AKCSD;LKL;...
UK’s Prudential buys 75% in Bharti Life Insurance for Rs 3,500 crore, to reduce stake in ICICI Pru Life to below 10% from 22%

UK’s Prudential buys 75% in Bharti Life Insurance for Rs 3,500 crore, to reduce stake in ICICI Pru Life to below 10% from 22%

by AIP Online Bureau | May 17, 2026 | Eco/Invest/Demography, Indian News, Life, Regulation

Anil Wadhwani, CEO, Prudential There is potential additional consideration payable of up to ₹700 crore ($78 million) by Prudential in Bharti Life deal, dependent on the fulfilment of certain conditions. Anil Wadhwani, CEO, Prudential, said, “India is a strategically...
Drone strike targets UAE’s Barakah nuke plant complex, triggers electrical generator fire

Drone strike targets UAE’s Barakah nuke plant complex, triggers electrical generator fire

by AIP Online Bureau | May 17, 2026 | International News

In an official public update released on X, Abu Dhabi’s media office confirmed that emergency teams successfully managed the situation on the ground. The statement reassured the public that no injuries were reported and there was no impact on radiological safety...
Financial advisor gets 2-year RI, fined Rs 30 lakh in breach of trust case

Financial advisor gets 2-year RI, fined Rs 30 lakh in breach of trust case

by AIP Online Bureau | May 17, 2026 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

The court, in the judgment passed on Saturday, ordered that the entire fine amount of ₹30 lakh, once recovered, be paid as compensation to the woman, a resident of Thane in Maharashtra. Thane: A Thane court has sentenced a financial advisor to two years rigorous...
SBI must pay Rs 5 lakh to woman despite 6-yr delay in claim: Nagpur consumer panel

SBI must pay Rs 5 lakh to woman despite 6-yr delay in claim: Nagpur consumer panel

by AIP Online Bureau | May 17, 2026 | Banking & Bancassurance, Indian News, Non-Life

The bank was also ordered to pay Rs 10,000 for mental agony and litigation costs.As per the complainant, her husband had an account with the bank’s Tri Junction Cantonment area in Nagpur. She stated that insurance protection up to Rs 5 lakh was being provided to...
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