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Shriram General Insurance net up 51% to Rs117 crore in Q3
Anil Aggarwal, MD & CEO, Shriram General Insurance Company...
Air India pilots’ unions flag concerns over duty timings; allege airline’s approach will compromise safety
In their joint letter, dated January 28, the unions also claimed...
Tata AIG collaborates with Drone Federation of India for Drone Insurance
“With the government taking active steps to support drone manufacturing and drone operations in India, we will soon see proactive usage of drones in activities like mining, construction, surveillance, transport, fire-fighting, law enforcement, agricultural and topographical data acquisition, insurance assessments, media and entertainment,” said Smit Shah, Director – Partnerships, DFI.
India among top 30 countries at ‘high risk’ from coronavirus spread: Study
The most “at risk” countries or regions worldwide are Thailand (1), Japan (2), and Hong Kong (3). The US is 6th on the list, Australia 10th, the UK 17th and India 23rd, the researchers said in the study released on Tuesday.
Coronavirus outbreak: IndiGo, Air India suspend flights between India and China
In India, many people are under observation in hospitals for suspected coronavirus infection including in Maharashtra, Goa, Odisha and the national capital. People returning to the country after visiting China are being regularly screened for the deadly virus at airports across the country.
IRDAI issues guidelines on group health insurance policies of merged PSBs
Upon merger of these PSBs, the underlying group health Insurance policies of the customers of the merged banks will be continued to be serviced by the respective insurance companies which issued the policies till the end of policy period. The insurance companies will make suitable arrangements with the acquiring banks to this effect.
FinMin’s new measures to protect prudent commercial decision of bankers
Considering the complexities involved in the commercial decisions of managers in public sector firms, the Central Vigilance Commission set up the Advisory Board for Banking and Financial Frauds (ABBFF) for a mandatory first level examination on suspected frauds in excess of Rs 50 crore, involving public servants equivalent in rank to GMs and above, before enquiry or investigations begin.
Budget 2020 likely to raise spending to revive economic growth: Report
Economists and investors say fiscal stimulus in the budget for the year beginning April 1 and an increase in spending on roads, railways and rural welfare could revive growth. The budget will be delivered to parliament on Saturday.
Budget 2020: SIAM seeks incentive-based scrappage policy, GST rate cu
The Indian auto industry has been going through a prolonged slump, recording its worst-ever sales decline in two decades in 2019, with an unprecedented slowdown hampering vehicle offtake across segments.
Govt to evacuate Indians from Coronavirus-hit Wuhan in China
The decision was taken at a high-level meeting chaired by Cabinet Secretary Rajiv Gauba which carried out a detailed review of the situation arising out of outbreak of Coronavirus in China.
Indian entities facing 3 times more cyberattack than global average: Check Point
Indian organisations were most adversely impacted by XMRig malware, which uses computer resources to mine cryto currencies.
Budget 2020: Govt unlikely to offer relief in income tax, here’s why
There are constraints not only on direct tax side but indirect tax collection is also under stress due to slowdown, sources said, adding, the moderation in demand will surely have bearing on the Goods and Services Tax (GST) collections and customs too.