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Suitors raises concerns over bidding process as Reliance Capital resolution enters final stage

by AIP Online Bureau | Oct 30, 2022 | Indian News, Life, Non-Life, Regulation

Foreign bidders have expressed apprehension regarding the rules governing the cap on foreign holding and lock in period in an Indian Insurance entity As per the government guidelines, foreign players cannot hold more than 74 per cent in the Indian insurance venture....

HDFC Life elevates Suresh Badami as Deputy Managing Director

by AIP Online Bureau | Oct 30, 2022 | Briefs, Life

Mumbai: HDFC Life, the second largest private sector life insurers, at its board meeting, announced that it has elevated Suresh Badami to the role of deputy managing director with effective from October 21. Suresh has a rich and diverse experience of 27+ years in...

Delhi air in ‘very poor’ zone, farm fire smoke may push it to ‘severe’

by AIP Online Bureau | Oct 30, 2022 | Eco/Invest/Demography, Health, Indian News

New Delhi: Delhi recorded its air quality in the ‘very poor’ category on Sunday morning and forecasters said slow wind speed and an increase in stubble burning, especially in Punjab, may push it to the ‘severe’ zone. With pollution levels...

As inflation crisis hits Britain, healthy diets are a casualty

by AIP Online Bureau | Oct 30, 2022 | Eco/Invest/Demography, Facts, Health

Close to 10 million adults – or one in five households – are unable to put enough food on the table, with some skipping meals or going without for an entire day, the charity’s nationwide survey carried out in late September suggests. That’s double...

Key management personnel of Indian auto firms have poor understanding of compliance obligations: Report

by AIP Online Bureau | Oct 30, 2022 | Indian News, Non-Life, Regulation, Risk Management

“…it was discovered that the KMPs (key management personnel) in Indian automobile companies have a poor understanding of compliance obligations in over 80 per cent of the instances,” the report said, citing a survey conducted by TeamLease Regtech. As a...
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