Tata Group-owned Air India is in the process of paying the interim...
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No major impact on normal life due to one-day nationwide strike call
According to reports, a mixed response was seen in states including...
Data-driven governance and research critical for resilient securities markets: SEBI Chairman
He highlighted that while artificial intelligence and advanced...
Earlier crop insurance scheme saw cheating as insurers got profits farmers didn’t benefit Minister
"Large-scale irregularities came to light (in the previous scheme). Some insurance companies indulged in irregularities. So a decision had to be taken. So far, crop insurance companies have earned profits of Rs 10,000 crore," Maharashtra Agriculture Minister Manikrao...
ICICI Lombard general insurance net profit rises 29% to Rs 747 crore in Q1FY 26
The insurer's Combined Ratio, a key metric that compares claims and expenses to premium income, worsened to 102.9% in Q1FY26 from 102.3% a year ago though, there is fall in the underwriting losses of the company from Rs 346 crore in Q1 FY 25 to Rs 293 crore in Q1Fy...
ICICI Pru Life Q1 net jumps 34 pc to Rs 302 cr
ICICI Prudential Life Insurance MD and CEO Anup Bagchi said, "We reported a total premium growth of 8.1 per cent year-on-year in Q1 FY2026 on the back of our extensive distribution and comprehensive product suite". New Delhi: ICICI Prudential Life Insurance on Tuesday...
Irdai forms panels to look into violations by insurers
"As part of enforcement function, to decide on the violations observed as regards the provisions of Insurance Act and Regulations issued there under, with respect to certain Insurers/Insurance Intermediaries, panels of Whole-Time Members were formed," Irdai said....
General insurers rush to become preferred choices for Tesla’s EV customers in India
ACKO General Insurance,Zurich Kotak General Insurance and Liberty General Insurance have already announced their special EV covers on Tuesday for Tesla cars. Mumbai: As Elon Musk's Tesla has set up its first show room in Mumbai for selling its electronic vehicles(EV)...
IRDAI board clears R1 for WestBridge Capital’s KIWI general insurance
The IRDAI is yet to announce range of its board decisions on Monday officially and clarify how it intends to sort out WestBridge's plan to be a majority stakeholder in both, KIWI General Insurance and Star Health Insurance, where a few segments including Health...
Doraiswamy takes over as MD& CEO of LIC
Ramachandran Doraiswamy, MD&CEO, Life Insurance Corporation He will be retiring on 31st Aug,2028 after turning 62 Mumbai: Ramachandran Doraiswamy, 58, has taken charge as CEO & MD of Life Insurance Corporation on Monday after the government cleared his...
Infosys US unit pays $125,000 penalty for cybersecurity lapses
In March this year, Infosys had informed the stock exchanges that Infosys McCamish Systems reached an agreement to settle six class action lawsuits in the United States, in relation to 2023 cyber incident. Under the proposed terms, Infosys McCamish Systems had agreed...
Pension fund managers want changes on in bond rules for higher yield on retirement savings
Currently, investment in corporate bonds maturing in less than three years is capped at 10%, with most securities needing ratings from at least two credit agencies, according to a March 2025 circular by the pension regulator Mumbai/New Delhi: Indian pension managers...
AAIB initial report on plane crash found no mechanical maintenance issues with Boeing 787-8 plane AI CEO
"out of an abundance of caution and under the oversight of regulator DGCA, every Boeing 787 aircraft operating in our fleet was checked within days of the accident and all were found fit for service. We continue to perform all necessary checks, as we will any new ones...