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Chola MS records profit before tax of Rs 264 crores in Fy23

Chola MS records profit before tax of Rs 264 crores in Fy23

by AIP Online Bureau | May 4, 2023 | Indian News, Non-Life, Reinsurance

V. Suryanarayanan, managing director, Chola MS, said, In FY 2023-24, Chola MS will continue to grow ahead of industry to step up on its present market share of 2.87% amongst multi line players.” Chennai: Cholamandalam MS General Insurance Company Ltd (Chola MS),...

Bansal to replace Sourav Mishra in NIC and NIA

by AIP Online Bureau | May 4, 2023 | Briefs, Non-Life

The government has nominated Mukesh Kumar Bansal, the new joint secretary in Department of Financial Services (DFS) on the board of Kolkata based National Insurance Company(NIC) with immediate effect in place of Saurabh Mishra, who quit his job earlier. Bansal will...
Govt amends power policy draft to halt new coal-fired capacity: Reports

Govt amends power policy draft to halt new coal-fired capacity: Reports

by AIP Online Bureau | May 4, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance

India, whose proposed coal power capacity is the highest after China, had repeatedly refused to set a timeline to phase out coal, citing low per-capita emissions, surging renewable energy capacity and demand for inexpensive fuel sources India and China account for...

82% of Indians either alarmed or concerned about global warming, says study

by AIP Online Bureau | May 4, 2023 | Eco/Invest/Demography, Indian News

The study has found that the majority of the people belonging to three segments backed the formulation of policies to fight climate change and opined that the Indian government should be doing more to address global warming Thiruvananthapuram: About 82 per cent of...
Reliance shareholders, creditors approve demerger of financial services arm

Reliance shareholders, creditors approve demerger of financial services arm

by AIP Online Bureau | May 4, 2023 | Health, Indian News, Life, Non-Life

The financial services arm will now be renamed to Jio Financial Services Limited and will undertake a host of financial services including setting up a life insurance as well as one general insurance company and the shareholders of Reliance Industries will receive one...
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