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Emirates NBD and Kotak Mahindra Bank cleared by RBI to bid for IDBI Bank

Emirates NBD and Kotak Mahindra Bank cleared by RBI to bid for IDBI Bank

by AIP Online Bureau | Aug 1, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

The Indian government, which owns 45.48% in IDBI Bank, and state-owned Life Insurance Corporation of India which holds 49.24%, together plan to sell 60.7% of the lender MUMBAI/NEW DELHI: The Reserve Bank of India(RBI) has completed its review of potential buyers for a...

India’s Carbon Market: Regulations expected in months

by AIP Online Bureau | Aug 1, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Risk Management

“Large Indian corporations are on to this carbon market development in India especially since they have assets in other places around the world and their customers in European markets would be demanding more and more cleaner products.,” Dirk Forrister,...
Cloudburst in Shimla: Malana Hydropower project on Parvati River bursts, 36 missing

Cloudburst in Shimla: Malana Hydropower project on Parvati River bursts, 36 missing

by AIP Online Bureau | Aug 1, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

No loss of life has been reported in the Kullu and Mandi districts so far. Heavy damage to public and private property was reported on Thursday owing to the downpour that triggered a flash flood downstream in the Beas River from Palchan to Patlikuhal in Himachal...
Financial bids for IDBI bank likely this fiscal; PSU banks sale on hold: DIPAM Secretary

Financial bids for IDBI bank likely this fiscal; PSU banks sale on hold: DIPAM Secretary

by AIP Online Bureau | Jul 31, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

Tuhin Kant Pandey, Secretary, Department of Investment and Public Asset Management (DIPAM) On the disinvestment of PSU banks, Pandey stated that the Department of Financial Services could provide more details, but he mentioned that it is not being pursued currently...

Women face bias at work: Aon Study

by AIP Online Bureau | Jul 31, 2024 | Data, Eco/Invest/Demography

According to the study, working mothers had their own challenges, with 75 per cent responding that they faced a career setback of one-to-two years after maternity leave and close to 40 per cent said going on maternity leave had a negative impact on their pay and their...
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