With a score of 28.7 in the Global Hunger Index-2023, India has a...
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Temasek and others to pick up a minority stake in Niva Bupa Health insurance for Rs800 crore
Each of our investors brings a wealth of expertise across various...
RBI slaps Rs 5.39 crore penalty on Paytm PB for violating series of norms
The central bank also found non-compliance with certain provisions...
Nine dead, 14 hurt in blast at SAIL’s Bhilai plant
According to SAIL’s website, the Bhilai steel plant, located around 30 km from the capital, is India’s sole producer and supplier of world class rails for the Indian Railways, including 260 metre long rails, and a major producer of a large variety of wide and heavy steel plates and structural steel.
Won J&K mediclaim policy contract after transparent process: Reliance General
The five bidders were Reliance General Insurance Company: Rs 8,776.84 (L-1), National Insurance Company: Rs 11,918.00 (L-2), ICICI Lombard: Rs 17,691.74 (L-3), Bajaj Allianz: Rs 23,476.10 (L-4), United India Assurance: Rs 27,225.00 (L-5).
Aadhaar mandatory for those seeking treatment under Ayushman Bharat for second time
Since its rollout over 47,000 people have already availed the benefits of the scheme, which has been touted as the world’s largest health insurance programme while over 92,000 have been given Gold cards, Deputy CEO of NHA, Dinesh Arora said
Flipkart forays into insurance distribution, ties up with Bajaj Allianz
“In line with our customer-first policy and as the market leader in this segment, insurance felt like the logical next step in providing consumers with excellent after-sales care for their phones. The plan, from purchase to claim, will be completely integrated into our online platform…” Flipkart Senior Vice President and head of Fintech Ravi Garikipati said.
Govt to create `talent pool’, to allow second option on pension for PSU general insurance Cos
New Delhi: The government is keen to set up a `talent pool’ to deal with the succession planning for the PSU general insurance sector,even as, it has shown favourable response to the long standing demand to give one more option on pension to the...
MoF holds two-day strategic meet to modernise PSU general insurers
The MoF has roped in two consultants McKinsey and Boston Consulting Group(BCG) along with other private sector professionals for the event. The gathering will be addressed by the finance ministrer Arun Jaitley and at the end of the gathering, MoF will list out a detailed action plan for its implementation by the psu general insurers
Banks, telcos may be allowed to use Aadhaar again via legislation: Jaitley
The Supreme Court had last month upheld the Constitutional validity of Aadhaar, the 12-digit biometric-based unique identity number, but restricted its use by private entities like telecom operators for verifying the identity of mobile phone users
US mulls waivers on Iran oil sanctions amid India’s refusal to stop imports
The comments followed news that India, Iran’s No. 2 oil customer after China, will buy 9 million barrels of Iranian oil in November. It was an indication that India will continue purchasing crude from Iran, despite the Trump administration’s push to get countries to stop their purchases.
IRDA’s nod for Anil Ambani’s Reliance Health Insurance
Anmol Ambani, Executive Director, Reliance Capital had said “Traditionally, heath insurance was part of our general insurance set-up. But to create retail focus we are setting up a standalone health insurance company.” said Anmol is the eldest son of Reliance ADAG Chairman Anil Ambani.
LIC makes Rs 12,602 cr open offer for 26% stake in IDBI Bank
LIC made a public announcement for the open offer to shareholders, including retailers, as per the Sebi’s regulations with regard to substantial acquisition and takeover of shares in a company.According to the open offer, LIC proposes to acquire more than 204 crore equity shares of Rs 10 each, equivalent to 26 percent equity of IDBI Bank.