Indian insurance industry sources said GIC Re will be paying around...
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Maharashtra cabinet nod for OPS to state employees who joined service after Nov 2005
Under the OPS, a government employee gets a monthly pension...
LIC receives GST demand notice of Rs 663 crore from Chennai tax officials
The demand pertains to wrong availment of Input Tax Credit (ITC)...
In a first, Anil Ambani threatened with class action suit at AGM
The shareholder said he will marshal 10 percent shareholders to launch the country’s maiden class action suit, in which a group of complainants sues a defendant or a number of defendants on behalf of a group,or class,of absent parties.
One-third of Indian businesses hit hard by internal, external fraud: Report
“We believe that the level of due diligence done by Indian corporates is improving, but it is still below the basic requirement when compared globally,” said Tarun Bhatia, head of South Asia and managing director in the Business Intelligence and Investigations practice of Kroll.
Maruti to Tata, festive season fails to lift up passenger vehicle sales
The country’s largest carmaker Maruti Suzuki India said its domestic sales declined by 26.7 per cent at 1,12,500 units last month as against 1,53,550 units in September 2018.
Ford hands over the wheels to M&M in $275 million deal for India JV
“But looking at a global scenario of rapid transformation in powertrains and a shift to electric, this is a better way to mitigate investment risks,”
Bihar: 19 NDRF teams deployed in flood-affected areas
As many as 19 people have lost their lives in rain-related incidents in Bihar’s capital, while 14 people have died across Uttar Pradesh owing to the rainfall and flood-like situation in the region.
IRDAI makes travel insurance sale via online ticket booking portals more stringent
This circular will come into force with immediate effect. All the group insurance arrangements that are not in compliance to these norms shall be terminated with effect from 01st Oct
Foreign investors pour in Rs 7,714 cr into domestic capital markets in Sept
The Centre last week slashed corporate tax rate by around 10 percentage points and also clarified that the enhanced tax surcharge will not apply on capital gains arising from sale of any security, including derivatives, in the hands of foreign portfolio investors (FPIs).
Anil Ambani’s Reliance Capital completes 21.54% stake sale in mutual fund arm
The company will further monetise its balance 4.28 per cent stake in Reliance Nippon Life Asset Management (RNAM) worth Rs 700 crore
PAN-Aadhaar linking date extended to 31 December
The Supreme Court, in September last year, had declared the Centre’s flagship Aadhaar scheme as constitutionally valid and held that the biometric ID would remain mandatory for filing of I-T returns and allotment of PAN.
HDFC Life launches pre-approved product
INSTAInsure is an end-to-end digital journey that enables a partner’s customers to purchase a life insurance policy in a quick and hassle free manner. Through the power of INSTAInsure an existing customer of any of HDFC Life’s partners can purchase a policy instantly, in just 3 clicks. The policy issuance is done almost instantly.