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Berkley Insurance Asia launches operations in India’s GIFT City
“India has long been an important market for Berkley Insurance Asia...
LIC launches 2 new products for risk protection and savings
R. Doraiswamy, CEO & MD along with other senior leadership team...
Consumer affairs ministry to meet e-commerce firms on May 15 to curb fake online reviews
The draft Quality Control Order(QCO) of Consumer Affairs Ministry mandates that the organisations will not publish reviews that have been purchased and written by individuals employed for writing review by itself or the supplier, seller, or by a third party New Delhi:...
Hinduja group floats 4 new Indian cos to acquire Reliance Capital
Hinduja Group has now submitted a new plan changing the entire corporate structure of the transaction for the implementation of the resolution plan which again has been submitted to all the regulators for their fresh approvals Mumbai/Hyderabad In a bid to...
Govt adopted pro-poor approach in GST implementation: FM Sitharaman
Nirmala Sitharaman,Finance Minister GST, which was rolled out on July 1, 2017, had subsumed 17 taxes and 13 cesses into a 5-tier structure, thereby simplifying the tax regime. The turnover threshold for registration rose to Rs 40 lakh for goods and Rs 20 lakh for...
Wipro, Microsoft to launch GenAI-powered assistants for financial services
“This new solution set, powered by Microsoft, will help provide better and faster market and product intelligence to financial advisors and banking professionals, enabling them to deliver more personalised and timely service to clients,” Suzanne Dann, CEO of Americas...
Indian space regulator In-Space releases guidelines to implement space policy
It also outlines the process for registering space objects in India's national registry and makes it mandatory for operators to provide detailed information about their space objects, ensuring compliance with space debris mitigation guidelines and operational safety...
Hinduja group’s IIHL to revive health insurance company after acquiring Reliance Capital
Ashok Hinduja, chairman, IndusInd International Holdings IIHL has received clearance from Sebi, CCI (Competition Commission of India) and RBI and is awaiting the green signal from insurance sector regulator IRDAI for the Reliance Capital acquisition Mumbai: Apart from...
India has ‘unexplored’ opportunities: Warren Buffett
Warren Buffet,chairman and CEO,Berkshire Hathaway “The question, however, is whether we have any advantage or insights into those businesses in India or any contacts that will make possible transactions that Berkshire would like to participate in. That is something a...
Financial Intelligence Unit arms itself with AI, ML tools to check money laundering
"Various measures are put in place to ensure security of data, including strong, end-to-end encryption, automatic blocking of logins after a set number of unsuccessful login attempts, controlled access to content stored on the portal, logging of security incidents,...
Stringent norms adopted for max pesticide residue limit in food items: Govt
"Some media reports are claiming that the Food Safety and Standards Authority of India (FSSAI) allows 10 times more pesticide residue in herbs and spices. Such reports are false and malicious. India has one of the most stringent standards of Maximum Residue Limits...
FM refutes report on possible tweaking of tax laws
Nirmala Sitharaman, union finance minister Finance Minister Nirmala Sitharaman reacted to a post on X by a TV news channel claiming that in a sweeping change, the Income Tax Department is planning to impose uniform treatment for all asset classes New Delhi: Finance...