RK Sinha, MD& CEO, SBI Capital Markets Sinha is an officer from...
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FSIB kickstarts exercises to appoint 9 EDs in PSU general insurance companies
FSIB has shortlisted a few of GMs who were promoted in FY2022-23...
Gujarat’s GIFT City to be one of the top global financial centres in coming years CM Patel
Elaborating on the GIFT-IFSC, Gujarat Chief Minister Bhupendra...
IRDAI to get two full-time members soon
The particulars of the post and eligibility conditions and details related to the application process are given on the Ministry’s website http://financialservices.gov.in/ and IRDAI’s website https://www.irdai.gov.in/.
Draft law proposes compensation for faulty medical devices, implants
“…any person who has suffered harm or injury as a result of any violation of any provision of this Act, rules or regulations, such person shall have the right to seek compensation from the manufacturer or other economic operator committing a violation in respect of that device,” the proposed law reads.
Maharashtra sanctions Rs 10,000 cr immediate aid for rain-hit farmers
“It was also decided to provide help to farmers through insurance companies. The government is in touch with insurance companies. The process of conducting ‘panchnamas’ (on-the-spot assessment of crops) is being expedited and mobile photographs have been permitted.
1.5 million more people may die in India by 2100 due to extreme heat by climate change: Study
“Six states of Uttar Pradesh, Bihar, Rajasthan, Andhra Pradesh, Madhya Pradesh and Maharashtra are estimated to contribute 64% of the total excess deaths — more than 1.5 million deaths each year in all — due to temperature rises caused by climate change,” the study said.
RBI asks Indian banks to probe alleged data leak of 1.3 million cards
Security researchers at Singapore-based Group-IB had found that card details were being sold at a price of $100 per card, ZDNet had reported. The value of the leaked database has been estimated by the group at $130 million (£100 million).
Car buyers not as price-conscious; more emphasis over styling: JD Power
New Delhi: India's largest selling car for 15 straight years, which is also its bestselling car historically, witnessed a steep 54.5 per cent fall in sales in August 2019 at just 10,123 units. This was Alto's lowest tally in a month since April 2004...
Govt appoints Raj Kumar and Gupta as MDs of LIC
The Bureau of Banking Board(BBB), an exclusive body to choose the CEOs of public sector banks and insurance companies, on Aug 27,. had conducted the interviews of senior officialsof the LIC and public sector general insurance industry, for selecting CMDs of GIC Re , Agriculture Insurance Company(AIC) and two MDs of LIC and had selected Raj Kumar and Gupta as the MDS of LIC and Devesh Srivastav and Malay Podday as the CMD of GIC Re and AIC respectively.
Standard Life sells 5% stake in HDFC Life for Rs 5,750-cr
At the end of the September quarter, Standard Life held 19.69 per cent stake in HDFC Life, while the other promoter Housing Development Finance Corp Ltd (HDFC) owned 51.47 per cent, as per shareholding data on BSE.