The exercise to start CNAM service across the globe started to...
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JBA Risk Management to set up India operation, to meet growing demand for flood intelligence
India’s banking sector is increasingly recognising the impact of...
Tens of thousands evacuated as cyclone Montha gains strength
The cyclone is likely to turn into a severe storm by Tuesday,...
Govt to issue new guidelines to tackle unregistered telemarketers and for consumer protection: COAI
''The Committee is working to prepare draft guidelines under the Consumer Protection Act, 2019, to safeguard consumers from unwarranted commercial communications. We believe that these guidelines, once notified, will be helpful in addressing the menace of UCC...
Govt working with spice makers to ensure norm compliance; asks Everest to take corrective action
“We have carried out sample testing from both these companies and we have found that all 18 samples of MDH were compliant with standards. However, in case of Everest, some of the samples (out of 12) were non-complaint and for that we have told them to take corrective...
Uttarakhand launches “E-Swasthya Dham” App for monitoring pilgrim health in Char Dham Yatra
This platform requires all devotees to upload their health information, allowing the government to monitor their health during the pilgrimage Dehradun: Uttarakhand chief secretary Radha Raturi on Monday said that in view of the high number of pilgrims on the Char Dham...
S Tripathy appointed as member, Distribution, IRDAI
Satyajit Tripathy, member, Distribution,IRDAI Meanwhile, another post of member(Non-life), IRDAI, will fall vacant after incumbent Thomas M Devasia retires on July 12, after completing his 22-month tenure at the insurance regulator New Delhi: The government has...
“Reliance Capital asks for extra 10 days for Hinduja group asset transfer”
The deadline for the transfer of Reliance Capital's asset to Aasia Enterprises, a Hinduja Group company, ended on Friday, they added. It may be mentioned that May 27 also happens to be the deadline for the implementation of the resolution plan by the Hinduja Group...
Digit’s Rs 2,614.65 crore IPO oversubscribed 9.6 times, to list on BSE on NSE on 23rd May
As per the combined bid details put out by the BSE at the close of Day-3, Go Digit General Insurance Ltd was subscribed 9.60X overall, with best demand coming from the QIB Segment, followed by the HNI / NII segment and the Retail segment in that order. The QIB portion...
Promoters divest 1.8 % stake in PB Fintech for Rs 1,109 cr
The shares were picked up by a clutch of domestic mutual funds (MFs), insurance companies, and foreign investors. The entities that purchased stake are HDFC Mutual Fund (MF), Axis MF, HDFC Standard Life Insurance, ICICI Prudential Life Insurance, Abu Dhabi Investment...
FPIs withdraw Rs 28,200 cr from Indian equities on poll jitters
There are two main reasons why FPIs have been selling in FY2025. First, there's uncertainty about the general elections. FPIs generally don't like uncertainty; they prefer to play it safe and lock in the profit they made last year. Second, the market valuations are...
Digital Competition Bill: Strengthen existing regulatory bodies like CCI, NCLAT, says Nasscom
While there may be an enforcement concern, it is pertinent to examine the resource challenge of the Competition Commission of India (CCI) that looks into anti-market practices of the Big Tech platforms New Delhi: As India aims to adopt the Digital Competition Bill to...
Dr Reddy’s, Sun Pharma, Aurobindo recall products in US
As per the USFDA, a Class II recall is initiated in a situation in which use of, or exposure to, a violative product may cause temporary or medically reversible adverse health consequences or where the probability of serious adverse health consequences is remote New...