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Curious share transfer case involving Axis Bank, Max Financial referred to RBI, SEBI: IRDAI
Last October, the Insurance Regulatory and Development Authority of...
Reliance Capital resolution plan all set to clear its final hurdle today
According to sources, based on this SC order, the NCLT is likely to...
Govt Extends Deadline for Linking Aadhaar, PAN With Financial Services to March 31
New Delhi: The central government has extended the December 31 deadline for mandatory quoting of Aadhaar and PAN numbers for certain financial transactions like opening of a bank account till March 31, 2018. The new rule notified in the gazette modifies the...
Government sets up NIC-CERT centre to detect, prevent cyber attacks
“This is establishment of an institution in India’s pursuit of safe and secure cyberspace. Any unusual movement on the NIC network, any attacks, intrusions will be detected and cleaned,” Prasad said.The government has already announced setting up of similar frameworks for the finance and power sectors, he added.
New India bags Rajasthan’s Rs 1200 cr Health Insurance Project
This is one of the largest health insurance schemes in the country as it gives cover for cashless treatment of 1401 diseases – of Rs 3,00,000 for 663 critical and Rs 30,000 each for 738 general illnesses
Increase social security pension in Budget 2018: Economists to Jaitley
“The amount (for social security pension) has been Rs 200 per month. This is totally unacceptable. There is no reason to keep it so low. So, make it at least Rs 500, I would say even Rs 1,000, if possible and increase the coverage,” noted economist Jean Dreze said
Indiabulls Housing sells 100 per cent stake in Indiabulls Life
Company has sold its 100 per cent shareholding in ‘Indiabulls Life Insurance Company Limited’, presently a non- operational company with no business or license, to SORIL Holdings and Ventures Limited (‘SHVL’), at face value for an aggregate cash consideration of Rs 5 lakh.
Won’t tolerate open loot, negligence by pvt hospitals:Kejriwal
Delhi government cancelled the licence of Max Hospital, Shalimar Bagh with immediate effect, for alleged medical negligence including the twins case in which one of the babies was found alive after being declared dead by the doctors.
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Apollo Munich Health Insurance eyes Rs 1700 cr prm in 2017-18
On the insurance regulator IRDA’s move to study the impact of wearable and portable devices on the health insurance sector, Jacob said,“ We are waiting for the final clarity to come from Irdai on the issue. Though we have already started working on it.
Ready to extend Aadhaar deadline to March 31, Centre tells SC
The last date for linking Aadhaar for mobile services will remain February 6 next year.Supreme Court will be setting up a five-judge Constitution Bench next week to hear several pleas seeking an interim stay on the Centre’s decision of mandatory linking of Aadhaar.
Finance ministry’s assurances on new FRDI Bill,won’t take away your money in the bank
The provisions in the FRDI Bill do not modify current protections for depositors adversely at all, the ministry held, maintaining that these rather provide additional protections in a more transparent manner.
IRDAI forms panel to explore innovation in insurance
IRDAI has formed another committee under PJ Joseph, member(non-life),
to consider various issues that need to be examined before considering the request of IIISLA(Indian Institute of Insurance Surveyors and Loss Assessors ) for chartered status