Commenting on the performance, Tarun Garg, Wholetime Director and...
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Govt considering legislative amendments to push private investments in nuclear space: Shripad Naik
Shripad Naik, Minister of State (MoS), Power The Civil Liability...
FM says Finance Ministry does not advise LIC on investments, Adani investments as per SOPs
"The Ministry of Finance does not issue any advisory/direction to...
Institutional investors put in bids worth Rs 2,300 cr for GIC Re OFS
Based on indicative price of Rs 395.03 for the bids, institutional investors put Rs 2,284 crore bids for GIC Re shares as of 3:20 pm on Wednesday. Retail investors will get to bid in the OFS on Thursday New Delhi: Institutional investors on Wednesday placed bids...
Govt to pay for treatment of road accident victims of uninsured vehicles
Earlier, the General Insurance Council (GI Council), the official representative body of the Indian general insurers consisting of private sector and PSU general insurers, has sued the Ministry of Road Transport and Highways (MoRTH) in Delhi High Court for asking the...
Govt to sell 7% stake in GIC Re tom, to mop up Rs 4,701 cr
“Retail investors and GIC employees can bid on Thursday. The government will divest 3.39 per cent equity with an additional 3.39 per cent as green shoe option,” Secretary, Department of Investment and Public Asset Management, posted on social media platform X ...
Srinivas Injeti is now chairman of Zurich Kotak General Insurance
Srinivas Injeti Srinivas Injeti, former secretary of ministry of corporate affairs and former chairman of International Financial Services Centres Authority(IFSCA), has been appointed as chairman of Zurich Kotak General Insurance, with D Sundaram and Ravi Venkataraman...
Prasun Sikdar set to become the first CEO of Bima Sugam
Prasun Sikdar,MD & CEO designate, Bima Sugam India Federation Sources point out that a formal decision to appoint Sikdar, who is already a board member of the Bima Sugam India Federation, as the CEO of the company has been taken by the IRDAI in consultation with...
Gen insurers sue govt for being ordered to fund treatment of accident victims of uninsured vehicles
To the consternation of the general insurers, who do motor business, the Ministry of Road Transport and Highways had issued a directive under Motor Vehicle Accident Fund scheme saying that the insurers have to even fund the cashless medical care of victims of...
New SHe-Box portal to create workplace safer, more inclusive for women
Annapurna Devi, Union Ministrer, Ministry of Women and Child Development All women facing sexual harassment in the workplace, irrespective of being in organised or unorganised, private or public sector, can register a complaint and track it using the portal. Once...
Govt takes a host of measures for LGBTQI+ community
Department of Financial Services (DFS) has issued an advisory that there are no restrictions for persons of the queer community to open a joint bank account and also to nominate a person in queer relationship as a nominee to receive the balance in the account, in the...
Govt to extend social security benefits to gig and platform workers: Mandaviya
"Our government is fully committed to the well-being of gig and platform workers, who form a crucial part of our workforce. We are working on a comprehensive strategy to provide them with the social security they deserve.An online window will be made available for...
Lenders to Reliance Capital accuse IIHL of using delaying tactics
According to sources, lenders claimed that IIHL's move to seek approval from the Department of Industrial Policy and Promotion (DIPP) is an afterthought. It was not even a part of conditions set out by the NCLT while approving the resolution plan on February 27, 2024...