Vibha Padalkar, managing director and CEO of HDFC Life, said, “The...
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Tiger Global SC ruling to prompt fgn investors to reassess holding structures: Tax experts
"The ruling reinforces the significance of the anti-avoidance...
Pilots’ body FIP serves legal notice to AAIB in relation to Ahmedabad plane crash probe
In connection with its probe into the crash, AAIB has summoned...
CCI approves Central Bank of India’s proposed stakes acquisition in Future Generali Insurance ventures
Earlier, state-owned bank Central bank said it has been declared as the successful bidder by the Committee of Creditors (CoC) for the sale of Category 1 assets of FEL in Future Generali India Life Insurance Company and Future Generali India Insurance Company . New...
Climate, tech risks a threat to inflation targetting, says RBI Dy Gov Patra
Michael Patra, Deputy Governor, RBI Central banks face an "existential threat" to their inflation mandates from climate change through supply shocks, such as food and energy shortages, and a decline in productive capacity, Michael Patra said at a conference in New...
Acko General Insurance reports losses of Rs 670 crore in FY24
The company is not expected to be profitable even this year. Earlier this year, Acko founder Varun Dua had said the company could become profitable in the financial year 2026-27 New Delhi: New-age insurance company ACKO has reported Rs 670 crore loss in financial year...
PM Modi pitches for framing global dos don’ts for ethical use of technology
Prime Minister Narendra Modi Emphasising on ethical use of AI with security, dignity, equity being at the centre, Prime Minister Narendra Modi said global institutions should come together to work out dos and don'ts New Delhi: Prime Minister Narendra Modi on Tuesday...
Actuary Sandip Goenka appointed as first CEO of ACKO Life
Sandip Goenka, chief executive officer, Acko Life Sandip,with two decades of experience in life, health, general insurance, reinsurance, and insurance consulting, is a qualified actuary from the Institute of Actuaries of India and the UK Actuarial Institute with a...
Prasun Sikdar likely to join as CEO of Bima Sugam on Nov 1
Prasun Sikdar, MD & CEO, designate, Bima Sugam Federation ``I am truly excited about the journey ahead and the potential to democratise and universalise insurance in Bharat. Our commitment to enhancing affordability, accessibility, and availability is crucial as...
Sebi urges investors to deal with only registered persons & entities
"The information about authentic persons or institutions registered with Sebi is available on the website," Sebi Executive Director Manoj Kumar said Mathura: Investors must rely on persons or institutions that are registered with the Securities Exchange Board of India...
Commerce secretary meets other department officials to discuss trade finance issues of exporters
Sunil Barthwal, Commerce Secretary The issues which figured in the meeting included the need for low rate of credit, enhanced insurance coverage, coverage of loans, and priority lending, the official said New Delhi: Commerce Secretary Sunil Barthwal on Monday held a...
More health packages focused on elderly care likely to be added to AB-PMJAY
"The committee which decides on health-benefit packages under the scheme is deliberating on the need for adding more health packages, which exclusively tend to geriatric care, as the number of such beneficiaries will go up with the launch of the scheme," an official...
Star Health says cyberhacker demanded $68k ransom after leaking its data
Star, which has previously said it is a "victim of a targeted malicious cyberattack", on Saturday revealed for the first time that in August "the threat actor demanded a ransom of $68,000 in an email" addressed to the company's managing director and its chief...