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Families of private doctors lost on Covid duty cannot be excluded from Rs 50 lakh insurance: SC
The Bombay High Court had previously dismissed her plea for...
Failure to hedge FX risk could affect ratings for some Indian corporates
The picture is more diverse in the building materials and...
Govt may look at enhanced KYC requirements for certain class of corporates
As many as 26,28,865 companies were registered in the country as on January 31, 2024, and out of the total, 16,65,438 companies, or 63 per cent were active, as per the latest official data New Delhi: The matters related to KYC (Know Your Customer), including a...
FM Sitharaman stresses on compliance of norms at meet with fintech heads
While the government has made it clear that there can be no compromise over the compliance to regulatory norms, it has also given the assurance that the fintech sector is seen as playing a key role in the Indian economy and various steps have been taken to nurture the...
Aegon Life acquired by Bandhan Financial Holdings
Karni Singh Arha, managing director, BFHL, said, “ Given Bandhan’s focus of making formal financial services available to masses, this acquisition further enhances that endeavour Mumbai: Aegon Life, a digital life insurance company, today announced the transfer of the...
Latest NSSO consumer survey indicates poverty down to 5 per cent: NITI Aayog CEO
''This long-awaited consumer expenditure survey has brought out many things. With data on household consumption, we can assess what is the status of poverty in the country and how successful the poverty alleviation measures have been.'The survey findings indicate that...
IRDAI again bans Malaysian broker Confinance from Indian market for 2 yrs in Tata AIG’s Rs 300 cr fraudulent crop deal
The action of Malaysian re/insurance broker Confinance in reinsurance transaction caused inconvenience to TATA-AIG in India which could have potential loss to the insurer and to policyholders. It is considered view that the action of Confinance is deliberate and...
Sebi using AI for investigations, says whole time member Kamlesh Chandra
Against the backdrop of instances of manipulations in the stock market, he said the message is that abiding with the law will be more beneficial and violations will cause problems Mumbai: Sebi is using Artificial Intelligence (AI) for investigations, its Whole Time...
India will not accept unjust carbon emission mandates: DPIIT Secy
''We have accepted a stretched-out kind of goal because India believes we are not historically responsible for carbon emissions, even less in per capita terms, but the vision of the Hon'ble PM has always been that we will not accept unjustified mandates but we will...
Trai recommends introduction of CNAP Supplementary Service for caller name display on phones
Industry body COAI, whose prominent members include Reliance Jio, Bharti Airtel, and Vodafone Idea, had earlier contended that the implementation of Calling Name Presentation (CNAP) should not be made mandatory but kept optional for telecom operators. COAI had flagged...
India’s approach to sustainable development shines brightly: Hardeep S Puri
Hardeep Singh Puri, Minister of Petroleum & Natural Gas and Housing & Urban Affairs, said that the reputations of businesses are now linked to their public commitment to the SDGs, both for investors as well as for consumers. Not just consumers, even investors...
Zurich Insurance to buy 70% stake in Kotak General insurance upfront in amended deal
Under the original deal, announced in November last year, Zurich was to buy a 51% stake in the Kotak unit for Rs 40.51 billion and an additional 19% holding within three years of the first purchase Bengaluru/Mumbai: Zurich Insurance Group will buy a 70% stake in Kotak...