The directive from the Department of Financial Services (DFS) under...
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SC takes suo motu cognisance of Aravalli Range, hearing on Dec 29
As per the causelist published on the website of the apex court, a...
Reliance General Insurance fined Rs 1 cr by IRDAI
The IRDA order clafrified that the submission of the insurer failed...
Rajasthan to digitalize healthcare with new online health management system
Under the health management system, electronic health records, DIGI health locker, freedom from queues for patients, unified digital survey, KPI-based dashboard, single window system for health-related license and NOC etc., tele ICU, geo-tagging based hospital etc....
PB Fintech records a net profit of Rs 60.59 crore in Q4FY24
The company, which also operates online credit marketplace Paisabazaar, posted a consolidated net profit of Rs 60.59 crore ($7.3 million) for the quarter ended March 31, against a net loss of Rs 8.95 crore a year ago New Delhi: India's PB Fintech, the parent of online...
Max Financial suffers a loss of Rs 52.45 crore in Q4FY24
Max Life Insurance achieved new business Margin (NBM) of 26.5% in FY24 and 28.6% in Q4FY24. The life insurer's value of new business (VNB) of Rs 1,973 crore, grew 1% in FY24 The life insurer reported an embedded value(EV) of Rs 19,494 crore, while the operating return...
Forest fires: SC pitches for preventive steps; says cloud seeding no solution
"People say that 40 per cent of Uttarakhand is on fire, whereas 0.1 per cent of the wildlife cover was on fire. And all this was man-made. From November till today, we have 398 fires, all man-made," the counsel said New Delhi: The Supreme Court on Wednesday said cloud...
Indian pet insurance market poised for exponential growth: experts
"Rising pet ownership, industry growth, proactive insurance companies, and pets being seen as family members are driving the increased awareness and uptake of pet insurance. As more homes welcome pets, the demand for financial protection against unexpected pet medical...
EPFO evaluating course of action over HC ruling on foreign workers
India presently has social security agreements with 21 countries. These agreements ensure continued social security coverage for employees from these nations on a mutually reciprocal basis. When citizens from these countries take up employment in each other’s...
IRDAI slaps Rs 1 cr fine on Prem Watsa promoted Digit Insurance for violating shareholding norms
``It is observed that there has been an inordinate delay in filing the particulars of JV Amendment Agreement, which among other things contains details of change in conversion ratio and total number of CCPS(convertible preference shares ) as 78,00,000 as against...
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...