Earlier, looking beyond the ongoing West Asia crisis, which has...
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Prudential plc appoints Amit Dave as CEO of Indian health JV
Ami Dave Naveen Tahilyani, Regional CEO, Prudential, said “ Amit...
IRDAI retains obligatory at 4% for GIC Re in FY26-27
The government has notified the move, on Friday, saying that the...
Ambanis to infuse Rs 16K cr in Jio Financial Services to take on rivals
Mukesh Ambani, chairman, Reliance Industries Currently, JFS, which has floated three joint ventures with Germany major Allianz for foraying into Reinsurance, Life and General Insurance business, operates its financial services business through consumer-facing...
Air India’s Ahmedabad Crash:Re/insurers clear $125 million claims for AI’s Hull and engines
Indian reinsurer GIC Re had said Air India's Ahmedabad crash claim likely to hit a total of $475 million including $350 million of liability claims involving the compensation amount for 270 people who lost their lives due to the mishap London/Mumbai: Global...
India projected to grow 6.4% in 2025 & 2026, reform momentum driving stable growth: IMF
India is projected to grow at 6.4 per cent in fiscal year 2025 and 2026, and the country's stable growth is driven by a reform momentum supporting robust consumption growth and a push for public investment, the International Monetary Fund has said. NEW...
Microsoft restores services to Nayara ahead of HC hearing
Earlier this week, Microsoft suspended its services to Nayara Energy after the European Union included the company in a new round of sanctions against Russia over the Ukraine war. In response, Nayara took the US tech giant to the Delhi High Court, which was scheduled...
International Road Federation flags safety non-adherence in road projects in India
Akhilesh Srivastava, president, India Chapter (IRF-IC) "Across numerous active construction sites, IRF-India Chapter has observed a lack of advance warning signs for diversions or lane closures, absence of reflective tapes, barricades or cones, poorly marked or unlit...
ACKO on boards MS Dhoni as an investor and brand ambassador
Mahendra Singh Dhoni ACKO, which has also eminent IT entrepreneur Narayana Murthy as one of the founders, has not disclosed the quantum of Dhoni's investment Bengaluru: Ace cricketer Mahendra Singh Dhoni has become an investor as well as a brand ambassador of ACKO. As...
Shippers ask to end contracts with Russian-backed refiner Nayara, sources say
India-based Seven Islands Shipping Ltd and Great Eastern Shipping Co have asked Nayara to release the three clean products tankers from their contracts, citing concerns over the sanctions, five of the sources told Reuters NEW DELHI: The owners of three vessels...
Govt issues guidelines to protect solar power equipment from potential cyberattacks
“Inverter communication modules that transmit data to servers outside India not only pose risks of unauthorized control but also threaten national energy sovereignty by exposing sensitive consumption and generation data,” the Indian ministry said. New Delhi: India...
New India’s net profit jumps 80% to Rs391 crore in Q1FY 26, gains market share
Girija Subramanian, CMD. NIA “ Our domestic gross direct premium during the period grew by 15.27 per cent vis-à-vis the industry which grew by 8.84 per cent. Consequently, our market share for the period increased from 14.65 per cent to 15.51 per cent. The healthy...
Govt props up India’s climate preparedness
Jitendra Singh, Union Minister,Ministry of Earth Sciences “We are now at a stage where even a casual user can access live weather alerts, cyclone warnings, air quality updates, and ocean forecasts on their mobile phones. This is the result of a Government that works...