The statement came a day after the IndiGo CEO Pieter Elbers and COO...
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25 killed, 6 injured in fire at nightclub in Goa
As per initial information, the nightclub had not abided by the...
GST Cut Impact: General insurance industry premium surges 25% to Rs 26,900 crore in Nov
``Strong rebound in automobile sales and improving consumer...
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...
Air India Express flight’s engine catches fire, makes emergency landing
"The crew accomplished an evacuation with no injuries to any guests. We regret the inconvenience this has caused and are working to provide alternative arrangements for our guests to reach their destination as soon as possible.A thorough investigation with the...
Kerala’s ‘One Health’ to address public health and wellness issues comprehensively
''We have established teams at the local level, including officers from the health department, water authority, pollution control board, and animal husbandry, with the panchayat president as the chairman. These committees will help quickly identify infection outbreaks...
Stifling heat in northwest India to continue for another five days
Extreme temperatures can also impact economies. People are less productive during hot weather, even if they work indoors, while children struggle to learn in extreme heat New Delhi: The extreme heat scorching large parts of northwest India will continue for another...