“For Sikkim event, loss assessment is underway. We do not...
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India to surpass Japan to become 2nd largest eco in Asia by 2030: S&P Global
India’s nominal GDP measured in USD terms is forecast to rise from...
Cyber experts express concern about data security in India
Digital Personal Data Protection (DPDP) Act, 2023 has instilled...
FPI inflows hit 10-month high of Rs 122.6 bn on softer crude, rupee gains
Selling by FIIs intensified towards the end of September, when they had pulled out over Rs 210 billion and has continued unabated in October too, with a withdrawal of Rs 389 billion.
WhatsApp seeks RBI nod to offer payment services to all 200 mn Indian users
“Today, almost 1 million people are testing WhatsApp payments in India. The feedback has been very positive, and people enjoy the convenience of sending money as simply and securely as sending messages,” the company’s spokesperson said, responding to a specific email query on the recent plea to the RBI.
LIC’s total valuation surplus at Rs 48,445 cr, up 10 % in 2017-18
The life insurance behemoth had an annual income of Rs 5.23 lakh crore and achieved the highest ever first Year premium income of Rs 1,34,551.68 crore in FY 2017-2018 and now manages assets worth more than Rs 28.45 lakh crore
IRDA rejects Prem Watsa’s deal to acquire Sudhir Valia’s ITI Reinsurance
Though , the IRDAI is yet to inform both the parties and reveal the exact reason for rejecting the deal, sources points out that the insurance regulator decision much to do with the fact that ITI Reinsurance hadn’t done any business in the last two years after getting a license in 2016 end and deal with Pram Watsa would have been just a `trading of license’ which is not permitted under regulations.
E&Y outbids BCG & Oliver Wyman to bag merger deal of 3 PSU general insurers
“Yes, E& Y has quoted the lowest charges for undertaking the whole exercise and we as public sector companies have to go by the lowest bidding ,’’ said sources at one of the merging companies
Competition Comm approves LIC’s majority stake buy in IDBI Bank
Mergers and acquisitions beyond a certain threshold require the approval of the Competition Commission of India (CCI), which keeps a tab on unfair business practices across sectors.
Over 300,000 people have benefited from Ayushman Bharat so far: Jaitley
Dinesh Arora, deputy chief executive of the National Health Agency (NHA), the apex body implementing the scheme, said till November 26, of the total 3,65,394 beneficiaries who were admitted to hospitals for undergoing various surgeries and procedures, 204,000 have been treated in private hospitals
SEBI lays guidelines for alternative investment funds in IFSC
“The AIF shall accept from an investor, an investment of value not less than $1,50,000. Further, for investors who are employees or directors of the AIF or employees or directors of the manager, the minimum value of investment shall be $40,000,” SEBI said
`Sagarmala’ identifies over 600 projects with Rs 8 lakh crore investment by 2020
India is developing its maritime infrastructure as well as its inland waterways and coastal shipping through the launch of the ambitious “Sagarmala Programme” which will revolutionize maritime logistics and port led developments in the country.
Kejriwal announces old pension scheme will be restored in Delhi
He said a resolution to restore the old pension scheme in the city will be passed in a special session of the Legislative Assembly