by AIP Online Bureau | Jul 5, 2022 | Disaster & Management, Indian News
Meanwhile, after a break of a couple of days, heavy rains returned to Mumbai on Monday. According to civic officials, the island city recorded 21 mm of rainfall from 8 am to 6 pm, while the eastern and western suburbs received 17 mm and 25 mm of rainfall, respectively...
by AIP Online Bureau | Jul 5, 2022 | Eco/Invest/Demography, Indian News, Non-Life
Two-wheeler retail sales last month rose 20 per cent to 11,19,096 units, as compared to 9,30,825 units in the year-ago period, FADA data showed Commercial vehicle retail sales also witnessed an 89 per cent year-on-year increase last month at 67,696 units....
by AIP Online Bureau | Jul 5, 2022 | Indian News, Life
LIC, which got listed on the bourses in May, will hold its first Annual General Meeting on September 27, 2022, according to stock exchange filing. Mumbai: State-owned LIC will invest Rs 80.67 crore in the proposed rights issue of its joint venture LIC (Nepal) Ltd. The...
by AIP Online Bureau | Jul 4, 2022 | Banking & Bancassurance, Indian News
Touted as the biggest transaction in India’s corporate history, HDFC Bank on April 4 agreed to take over the biggest domestic mortgage lender in a deal valued at about USD 40 billion, creating a financial services titan Mumbai: HDFC Bank on Monday said it has...
by AIP Online Bureau | Jul 4, 2022 | Indian News, Non-Life, Policy, Workplace/Employee Benefits
The Government has recently infused capital in these three general insurers and stands committed to provide more capital, as may be required, said an “office memorandum” signed by Mandakini Balodhi , director(Insurance), MoF. High solvency ratio makes...