Although India's fertile plains have seen a chilly winter, a lack...
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Centre allows woman employees to nominate son daughter for family pension
Previously, family pension was granted to the spouse of a deceased...
Ayushman Bharat: 6.2 hospital admissions with 30.3 cr cards issued till Jan 17
National health accounts data also demonstrates a consistent...
Eyeing leadership position in electric vehicle segment: Tata Motors
“As far as Tata Motors is concerned, we want to establish ourselves as leaders in the EV space. We have taken up the mission that we should be ahead in terms of EV technology,” Tata Motors President Electric Mobility Buisness Shailesh Chandra told PTI in an interview.
The auto major aims to build complete in-house capabilities in terms of design, supply chain and even full local manufacturing in the EV space as part of its plans to be a complete player in the segment, he added.
Sitharaman may announce the merger of 3 PSU gen insurers in Budget 2020
“Though, the roadmap for the merger of the three companies are yet to be made public by the ministry of finance(MoF), it seems, it will be announced in the next week Budget. The actual process of merger may take one year after the Budgetary announcement on Feb 1,’’ said MoF sources adding that the way, MoF sought approvals of the boards of three companies hurriedly, indicate some major announcement about the merger in the Budget 2020.
FPIs pour in ₹1,624 cr in Jan so far as US-China trade deal boosts sentiment
“After starting the year on a muted note, investments from FPIs has picked up pace and most of that flows came after US and China signed a trade deal putting the trade war between them on a pause,” said Himanshu Srivastava, senior analyst manager research at Morningstar Investment Adviser India.
Acko Gen Insurance fined Rs 1 core for violating IRDA’s advertisement regulations
Hyderabad: The insurance regulator IRDAI has slapped a fine of one crore rupees against Acko General Insurance (AGIL) for violating various provisions of IRDA(Insurance Advertisements and Disclosure) Regulations, 2000. AGIL's...
Budget 2020:Govt may not provide any more tax incentives for the insurance industry
The official representative bodies of the domestic insurance industry like General Insurance Council and Life Insurnace Council in course of the their routine pre-Budget discussions with the tax authorities, have been told not to demand any more tax incentives for the industry as the scopes for such incentives currently are extremely limited because of poor mobilisations of the tax proceeds during year.
Non-life insurers can offer standard health policies before April 1
The regulator also said those insurers currently not offering indemnity based health insurance policies will have to offer ‘Aroygya Sanjeevani Policy’ as and when they start selling the former product.
Coronavirus: 11 people who returned from China under watch in Kerala, Mumbai
Two people who returned to Mumbai from China have been kept in an isolation ward at Kasturba Hospital, and their blood samples collected to check for the new strain of coronavirus, officials said in Mumbai.
Niti to develop National Data Platform
“Given that data is the new oil, we at Niti Aayog feel the need to modernise our data system,” said Niti Aayog vice-chairman Rajiv Kumar .
India Inc’s insurance cost to go up as GIC Re hikes reinsurance premiums
Mumbai: India Inc has to shell out a lot more premium within the range of 20-50 per cent in the property segments, as GIC Re has decided to hike its reinsurance premium in as many as 291 occupancies since January 2020.Most of renewals in the Indian market...
New India Assurance settles insider trading case with SEBI, pays over Rs 62 lakh
After a meeting of Sebi’s internal committee in December 2019, New India Assurance paid settlement amount of Rs 62.68 lakh to settle the case through settlement procedure.Consequently, Sebi in a settlement order passed on Thursday said, “The proceedings that may be initiated for the default…are settled.”