"CY25 clearly reinforces that India's electrification journey is no...
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Turtlemint Fintech eyes Rs 2,000cr IPO; to file updated draft papers with Sebi in next 2-weeks
Following Sebi's approval, the company will file its updated draft...
CCI probe finds Tata Steel, JSW Steel, SAIL breached antitrust law, regulatory order shows
The Competition Commission of India (CCI) has also held 56 top...
PNB MetLife India Insurance appoints Sameer Bansal as MD & CEO
Sameer Bansal, MD and CEO designate, PNB MetLife , Bansal had joined PNB MetLife India insurance in 2007 and is currently chief distribution officer and a member of the leadership team New Delhi: PNB MetLife India Insurance announced today the appointment of Sameer...
Canadian billionaire Prem Watsa to step down as Fairfax India chairman, replaced by son Benjamin
Benjamin Watsa, chairman, Fairfax India Holdings Corp The firm also hired insider Gopalakrishnan Soundarajan as its new CEO, with effect from July 1, replacing Chandran Ratnaswami, who will transition to the role of executive vice chairman Toronto: Fairfax India...
Investors gain Rs12 lakh crore as stock markets shrug off poll jitters
To be sure, investors say the election outcome - with Modi's alliance winning 293 of 543 lower-house seats - is unlikely to derail this trajectory, nor is India's broadly stable currency and attractive debt market likely to be unduly ruffled. "We're still seeing...
HDFC Life’s assets under management cross Rs3 lakh crore
HDFC Life has a debt: equity mix of 67:33 with 99% of debt investments in Government bonds and AAA rated securities as on Mar 31, 2024 Mumbai:HDFC Life, one of India’s leading life insurance companies, announced thatit has crossed Rs 3 lakh crore in Assets Under...
Modi retaining power under changed circumstances to make reforms challenging: Economists
Among key bills that may face delays include amendments to the Insurance Act, 1938, and the IRDAI Act to allow composite licensing for insurers and labour law implementation New Delhi: Prime Minister Narendra Modi retaining power in the general elections under...
PNB to sell 10% in Canara HSBC Life
PNB's board in its meeting held today has accorded its approval for initiating the process of diluting 10 per cent stake of the bank in Canara HSBC Life Insurance Co Ltd, an associate company of the Bank, by listing the company in stock exchanges (BSE/NSE) through...
IRDAI asks insurers to fast track cyclone Remal claims
Insurers have been advised to settle claim payments/on account payments at the earliest and also encourage policyholders to use electronic communication wherever possible for correspondence Hyderabad: As the cyclone Remal have caused widespread loss of lives, property...
Bloodbath on D-Street: Sensex slumps over 4,000 points amid election uncertainty, investors lose Rs 31 lakh crore
The Nifty index dropped as much as 5.43% to 22,000.60 points while the BSE index fell to a low of 72,337.34 points, down 5.4% on the day. That was the biggest fall since April 2020 and pulled stocks sharply away from records highs struck a day earlier "If there is a...
Strong growth, lower fiscal deficit may lead to India rating
"A faster-than-anticipated pace of fiscal consolidation could pave the way for a sooner-rather-than-later sovereign rating upgrade for India," the analysts said New Delhi: Strong growth and a narrower fiscal deficit can lead to a sovereign rating upgrade for India, a...
HC takes note of 52.3 deg C temperature in Delhi says city could become ‘barren desert’
"Judicial notice is taken of the fact that as recent as on May 30, the official temperature recorded in Delhi was 52.3 degrees Celsius. It is not far to see the day when this city may be only a barren desert, in case the present generation continues an apathetic view...