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Global accounting rule ends leeway over operating profit

Global accounting rule ends leeway over operating profit

by AIP Online Bureau | Apr 9, 2024 | Banking & Bancassurance, Eco/Invest/Demography, International News, Regulation

Banks and insurers will have to include interest, a key part of their business model, in their operating profit, which some already do London: Companies will have to publish standardized operating profit figures from 2027 under new requirements from a global...

EV sales almost double to 90,000 in fy 23-24

by AIP Online Bureau | Apr 9, 2024 | Data, Eco/Invest/Demography, Technology

Tata Motors led the segment with registrations of 64,217 units, up 66 per cent over 38,728 units in the 2022-23 financial year. New Delhi: Electric vehicle retail sales in India increased last fiscal with all the segments, including passenger vehicles and...

Tata AIA Life Insurance chooses SAS for IFRS 17

by AIP Online Bureau | Apr 9, 2024 | Briefs, Regulation, Risk Management, Technology

Tata AIA Life Insurance Company has chosen SAS, a leader in AI and analytics, to help the insurance company in its adoption of the Indian equivalent of IFRS 17 reporting standards. SAS will collaborate with Tata AIA Life Insurance to address the reporting requirements...

ICICI Lombard partners Policybazaar to sell its products

by AIP Online Bureau | Apr 9, 2024 | Briefs, Intermediaries, Non-Life, Technology

ICICI Lombard General Insurance has partnered with Policybazaar to distribute its product the insurance platform . The collaboration encompasses access to nearly 10 million customers with a wide range of insurance products, including motor insurance, health insurance,...

Bajaj Allianz Life provides prm payment options on WhatsApp

by AIP Online Bureau | Apr 9, 2024 | Briefs, Life, Technology

To leverage this popularity and offer ultimate convenience, Bajaj Allianz Life has upgraded its premium payment services via WhatsApp, enabling customers to seamlessly manage their policies and payments all in one place. Customers can effortlessly pay their premiums...
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