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Wipro awarded £500m deal from UK insurance giant Phoenix Group

Wipro awarded £500m deal from UK insurance giant Phoenix Group

by AIP Online Bureau | Mar 26, 2025 | Indian News, Life, Pension & Social Security, Technology

As per the deal, Wipro’s existing FCA-regulated entity Wipro Financial Outsourcing Services Limited (WFOSL) will deliver comprehensive life and pension administration services to Phoenix Group’s ReAssure customers Mumbai: IT services company Wipro on Wednesday (26)...
GIFT City improves ranking in global financial centres index bolsters hub status

GIFT City improves ranking in global financial centres index bolsters hub status

by AIP Online Bureau | Mar 26, 2025 | Eco/Invest/Demography, Indian News

“GIFT City’s continued rise in the Global Financial Centres Index rankings is a reflection of India’s growing influence in global finance. “Our …ranking in reputational advantage, significant improvement in FinTech, and strong overall...

PSU general insurance industry unions call off their Thursday strike

by AIP Online Bureau | Mar 26, 2025 | Indian News, Non-Life

In another important development, the association has said that the Department of Financial Services has confirmed that clause of performance linked wage negotiation that was added at the time of settlement of the last wage revision, has been deleted New Delhi: Joint...

Federal Bank increases its stake in Ageas Federal Life Insurance by 4% to 30 %

by AIP Online Bureau | Mar 26, 2025 | Banking & Bancassurance, Briefs, Life

Federal Bank has increased equity stake in Ageas Federal Life Insurance(AFLI) by four per cent to 30 per cent. Jude Gomes, MD & CEO, Ageas Federal Life Insurance, said, “We welcome this step by Federal Bank, which reflects the continued trust and confidence in our...

More than a fifth of super rich want to migrate out of India Survey

by AIP Online Bureau | Mar 26, 2025 | Eco/Invest/Demography, Facts, Policy, Wealth Management/ Philanthropy

The survey of 150 ultra high networth individuals said that the US, UK, Australia, Canada and even UAE due to its golden visa scheme are the favourite destinations where the rich prefer to settle down. Mumbai: At least 22 per cent super rich Indians wish to leave the...
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