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Govt sets up a merger cell for due diligence of merger among 3 PSU general insurers

Govt sets up a merger cell for due diligence of merger among 3 PSU general insurers

by AIP Online Bureau | Dec 14, 2025 | Eco/Invest/Demography, Indian News, Non-Life

Any possibility of three companies- NIC, OIC and UII – getting merged with New India Assurance(NIA), the country’s largest general insurance company, is ruled out as latter has opposed it tooth and nail New Delhi: Beginning its home work on the issue of...

IndusInd General announces strategic partnership with Citroën

by AIP Online Bureau | Dec 14, 2025 | Briefs, Non-Life, Technology

IndusInd General Insurance (formerly known as Reliance General Insurance) announced a strategic partnership with Citroën for providing comprehensive coverage to Citroën customers. Apart from cashless claim settlements and minimal paperwork, Citroën customers can...

ICICI Lombard General Insurance ties up with Vastu Housing Finance

by AIP Online Bureau | Dec 14, 2025 | Briefs, Non-Life

ICICI Lombard General Insurance and Vastu Housing Finance, one of India’s tech-enabled Housing Finance companies, have entered into a partnership. It aims to provide Vastu’s customers across 17 Indian states and 340 districts with a suite of comprehensive and...

FPIs withdraw Rs 17,955 cr from Indian equities in Dec; total outflow at Rs 1.6 lakh cr in 2025

by AIP Online Bureau | Dec 14, 2025 | Data, Disaster & Management, Wealth Management/ Philanthropy

Over the last 12 months, the Indian primary markets have seen FII net inflows to the tune of Rs 823 billion ($9.5 billion) while secondary markets have seen FII net outflows of Rs 2,144 billion ($24.5 billion), according to a note by JM Financial. New Delhi:Foreign...
Parl Panel for diversification of crude sources to cut geopolitical risks

Parl Panel for diversification of crude sources to cut geopolitical risks

by AIP Online Bureau | Dec 14, 2025 | Eco/Invest/Demography, Indian News, Risk Management

n its report tabled in Parliament last week, the Public Undertaking Committee noted that India imports nearly 89 per cent of its crude oil requirements, making the country vulnerable to global disruptions arising from conflicts, sanctions, civil unrest in...
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