by AIP Online Bureau | Mar 12, 2025 | Banking & Bancassurance, Eco/Invest/Demography, International News, Risk Management, Technology
The neo bank, which was launched in 2021 and has over 750,000 customers, plans to expand into Canada, the UK and Australia, and incorporate sectors like auto, personal and education loans into its business portfolio Zolve raised $251 million in its latest equity and...
by AIP Online Bureau | Mar 12, 2025 | Climate, Environment, Renewable Energy, International News, Risk Management
Total insured losses out of the collision are estimated to range between $100 million and $300 million for all coverages, Canada-based global credit ratings agency Morningstar DBRS . Focus is now shifting to the environmental impact of the blaze. While the incident is...
by AIP Online Bureau | Mar 11, 2025 | Eco/Invest/Demography, Health, Indian News, Intermediaries
The board approved a proposal to make an investment for an aggregate amount of up to Rs 696 crore in PB Healthcare Services Private Limited, its wholly owned subsidiary, by way of subscribing or purchasing its shares or Compulsory Convertible Preference Shares during...
by AIP Online Bureau | Mar 11, 2025 | Indian News, Non-Life
Justice N Anand Venkatesh quashed the notice dated September 26, 2024 while allowing a petition filed by United India Insurance Company, which challenged the notice issued by CMRL proposing to acquire a portion of its property Chennai: The Madras High Court on Tuesday...
by AIP Online Bureau | Mar 11, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation
This enhanced limit will be available to those companies which invest their entire premium in India, said Pankaj Chaudhary, minister of state, Ministry of Finance in the Lok Sabha. New Delhi: By raising foreign direct investment(FDI) in the Indian insurance sector...
