The Credit Ratings reflect New India’s balance sheet strength,...
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Cyber attack on govt networks surged nearly 7 times post-Operation Sindoor: NICSI MD
"Post-Operation Sindoor, attackers have intensified their efforts...
Families of private doctors lost on Covid duty cannot be excluded from Rs 50 lakh insurance: SC
The Bombay High Court had previously dismissed her plea for...
Centre launches 21st Livestock Census at Rs 200 cr cost data to help Govt frame right policies
Union Minister Rajiv Ranjan Singh, who is Minister of Fisheries, Animal Husbandry, and Dairying, also launched a USD 25 million 'Pandemic Fund Project' to strengthen animal health security in India for pandemic preparedness and response New Delhi: Union Minister Rajiv...
Data leak:Telegram says it can’t police all chatbots for Star Health
The Madras High Court in the southern state of Tamil Nadu has asked insurer Star Health to help Telegram identify data leaked via its messaging app so the chatbots can be deleted Chennai: The messaging platform Telegram on Friday told an Indian court it cannot monitor...
Severe cyclone ‘Dana’ begins landfall process on Odisha coast: IMD
However, there was no report of any major damage or casualty so far even as the landfall process started more than an hour ago, the official said Bhubaneswar: The landfall process of severe cyclonic storm 'Dana' began on Odisha coast on Thursday night and was expected...
FSIB selects 5 EDs for PSU general insurance cos
Ayyappan Chakravarty Seshadri, general manager, New India Assurance(NIA) has been kept as a standby candidate for the ED post at Agriculture Insurance Company(AIC) in case Lavanya Mundayur, who has already been recommended for the post CMD of the company(AIC),...
Ambani’s Jio Financial in talks with Allianz SE to set up insurance JVs in India
Mukesh Ambani, chairman, Reliance Industries Jio Financial, helmed by veteran banker K.V. Kamath, already runs a shadow bank and an insurance brokerage and has joined forces with BlackRock Inc. to start an asset management business. Setting up insurance operations...
Allianz to exit 2 insurance JVs with Bajaj Group
Market sources pointed out Allianz plans to exit Bajaj Allianz Life Insurance Co. and Bajaj Allianz General Insurance Co. because its Indian partner isn’t allowing the German insurer to raise its stakes at a discounted price which was agreed upon at the time of...
Market Crash: Investors poorer by Rs 9.19 lakh cr in single day
"There has been no respite from FIIs selling in local equities in the current month so far, which has been creating uncertainty among domestic investors. Also, foreign investors are fleeing Indian equities to invest in relatively cheaper locations such as China,...
Insurance industry can collaborate with telcos, e-comm, fintechs for deepening reach: LIC chief
Siddartha Mohanty, MD & CEO, LIC "Current channels, including agents, brokers, and bancassurance have been effective, but fraught with its own limitations given the challenge of taking insurance to each citizen of the country. Collaborating with non-traditional...
Panda seeks more conglomerates to enter insurance; Irdai nudging more cos to list
Debasish Panda, chairman, IRDAI The regulatory body's chief said more than consolidation, Irdai is working on growing the number of players in the industry and also held roadshows in Japan, Europe and the US recently where it told global investors about the...
GST on term life insurance premium, senior citizens’ health cover likely to be exempted
The GoM to decide on the GST rate on life and health insurance met on Saturday and decided to exempt GST on premiums paid for health insurance with coverage of Rs 5 lakh for individuals other than senior citizens. New Delhi: Goods and services tax (GST) on term life...