Sebi's notice showed India executives of Carlyle, Advent, PwC, and...
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Govt approves wage and pension revision for PSU general insurance industry
The wage revision for the employees of PSGICs will be effective...
Air India braces for record $1.6 bn loss after deadly Ahmedabad crash
The reversal is especially stark because Air India had been edging...
India reserves right to retaliate if UK’s proposed carbon tax hits exports: Official
According to economic think tank GTRI, India's exports worth $775 million to the UK may be impacted due to Britain's decision to introduce carbon tax on products such as iron and steel, aluminium, fertiliser and cement, from 2027 New Delhi: The India-UK free trade...
India secures 3-year exemption from social security contribution for domestic workers in UK
Presently, Indian professionals working for a limited period in Britain contribute to their social security funds, but are not able to get their benefits as they return once the projects are complete New Delhi: India has secured a three-year exemption from social...
Maharashtra govt mulling policy to deny fuel to unfit vehicles: Minister
With the increase in the number of vehicles on roads, especially those running on conventional fuel, air pollution has risen at an alarming rate, state Transport Minister Pratap Sarnaik said Mumbai: The Maharashtra government is considering a policy to deny fuel at...
Govt notifies cashless treatment scheme for road accident victims nationwide
"Any person being a victim of a road accident arising out of the use of a motor vehicle, occurring on any road, shall be entitled to cashless treatment in accordance with the provisions of this scheme," the notification said. NEW DELHI: Complying with the undertaking...
LIC to see a major make over of its top management within a month
Out of five existing managing directors, three including MD and CEO Siddarth Mohanty will be retiring by the first week of June It is expected that the FSIB will conduct interview for selecting a new MD & CEO in place of Mohanty in June after two new MDs,Dinesh...
Sebi mandates cooling-off period for directors at market infrastructure institutions
In two separate notifications dated April 30, Sebi said that a non-independent director serving on the board of a market infrastructure institution will be eligible for direct appointment to the board of a competing institution after meeting two conditions -- a...
Trading in Bitcoin in India is refined way of doing Hawala business: SC
The bench said that two years back while dealing with a case related to Bitcoin trade it had asked the Centre to apprise the court about the policy regime on the trade of virtual currency but till now it has not received any response. Senior advocate Mukul Rohatgi,...
Govt mandates legal interception of satcom services bars data routing outside country
The move assumes significance as the government is, for the first time, gearing up to open satellite communication service for the general public and needs to put measures in place to avoid any misuse of the services by criminal elements, especially terrorists. New...
Govt moving ahead with IDBI Bank disinvestment plan in current fiscal: DIPAM Secy
Arunish Chawla,Secretary ,Department of Investment and Public Asset Management On the issue of further stake dilution in LIC, Chawla said the government aims to meet the minimum public shareholding requirement by the financial year ending March 2027, in line with the...
Star Health ropes in former commerce secy Rajeev Kher as chairman
``I look forward to working closely with the Board and management to strengthen governance, drive long-term value, and steer the company through the evolving landscape of healthcare and insurance. Our focus will remain firmly on inclusive growth, ethical leadership,...