The IPO, which may include a mix of primary shares and secondary...
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ICICI Pru Life reports a 20% rise in its Q3 profit to Rs 390 crore
`The recent '0% GST reform' on individual policies has...
‘No more 10-minute delivery’:Quick commerce players do away with deadline after labour minister intervenes
According to sources, Blinkit has already acted on the directive...
Income Tax dept activates section-wise mapping of old I-T Act, new tax bill
The Bill introduces a new concept of 'tax year' as the 12-month period beginning from April 1. This would replace the present concept of assessment and previous year. Currently, income earned in the previous year (PY) say in the year April 2024 to March 2025 will be...
Sebi rejects Digvijay Gaekwad’s plea for competing open offer in Religare deal
With this ruling, the Burman Group's open offer process remains on track, solidifying their acquisition bid for Religare Enterprises Ltd (REL) New Delhi: Capital markets regulator Sebi on Friday rejected Digvijay Laxhamsinh Gaekwad's plea seeking an exemption to make...
Project DIVE: LIC launches Marketing Tech platform to power next-generation customer engagement
Siddhartha Mohanty, CEO & MD, LIC, said, "With the launch of the MarTech platform, LIC has taken the first leap on its bold new journey of digital transformation, one that will redefine customer engagement in the insurance sector. This initiative strengthens our...
PSU general insurers turn profitable, posts a combined profit of Rs 1,066 crore in Q3FY25, says Finance Ministry
``With improved risk-management practices, loss-control initiatives, adoption of technology, development of new products, better customer services and diversification of portfolio, the Public Sector General Insurance Companies have posted a magnificent turnaround from...
Turning Around:National Insurance back in black, records Rs 30 crore net profit in Q3FY25
``This is the second consecutive quarter in this fiscal where we have posted a profit, which is a result of the strategic business initiatives by the corporate management in the recent past as per its road map towards a sustainable future in terms of growth and...
I-T Bill powers taxmen to override computers, virtual digital space access codes in search, seizure
As per the Bill, virtual digital space encompasses any digital realm that allows users to interact, communicate and perform activities using computer systems, computer networks, communication devices, and includes email servers, social media accounts, online...
Rashmi Saluja ceases to be director of Religare as shareholders refuse her re-appointment
Rashmi Saluja Following the clarification from the RBI received on Thursday, Rashmi Saluja, executive chairperson, ceases to be the director of the company, Religare Enterprises, the holding company Care Health Insurance, said in a regulatory filing New Delhi:...
Centre warns telcos of fine up to Rs 10 lakh over failure to curb spam
“To make the complaint process simpler and more effective, it has been mandated that if a complaint made by a customer contains bare minimum essential data such as number of the complainant, number of Sender from which the Spam/UCC has been received, date on which...
Govt says Russian oil suppliers must provide sanctions-compliant cargoes
Indian refining officials said they have told Russian oil suppliers and traders that the oil they sell should comply with parameters of the U.S. sanctions. "We don't want to take risk. We are not going to touch any cargo that involves sanctioned entity or ships in the...
Sebi seeks greater access to social media records to curb market violations
In its latest letter sent last week, Sebi said companies such as Meta Platforms's WhatsApp have denied the regulator access to its social media group chats as the current information technology law does not identify the capital markets watchdog as an 'authorised...