Earlier this week, Microsoft suspended its services to Nayara...
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International Road Federation flags safety non-adherence in road projects in India
Akhilesh Srivastava, president, India Chapter (IRF-IC) "Across...
ACKO on boards MS Dhoni as an investor and brand ambassador
Mahendra Singh Dhoni ACKO, which has also eminent IT entrepreneur...
IRDAI makes Tata AIG Gen lead insurer for Maharashtra
``We will leverage our expertise, technology, and partnerships to develop innovative insurance products and services that cater to the evolving needs of the people of Maharashtra,"Neelesh Garg, MD & CEO of Tata AIG General Insurance Mumbai: The Insurance...
India to consider new drugs bill to regulate imports, manufacturing
India's $41 billion pharmaceutical industry is one the largest in the world and has for years helped provide cheaper alternatives to Western products, especially to poor and developing nations. But the recent cough syrup-related deaths and at least one other instance...
Odisha govt selects four insurers to provide covers for Kharfi 2023 to Rabi 2025-26
Four insurance companies have been selected through e-tender, namely – Agricultural Insurance Company of India Ltd, SBI General Insurance Company Ltd., Future Generali India Insurance Ltd. and Reliance GIC Ltd for this cycle The farmers' share of premium under the...
Sensex closes above 66,000-mark for 1st time, Nifty settles at new record high on FII inflows
''The controlled inflation in the US has instilled optimism among investors that a 25-bps rate hike would be adequate to stabilise the US economy. This improved prospect has contributed to the strong buying of Indian IT stocks despite muted Q1 earnings. Furthermore,...
IRDAI announces 3 winners for its first hackathon – “Bima Manthan 2022”
The winners are- AiBorne Tech, which has won the contest for its ` Motor Fraud Prevention/Mitigation’ project, Policybazaar Insurance Brokers Private Limited has become the 1st runner in the contest for its project `Last mile insurance coverage’ while Vlinder is the...
Govt seeks Cabinet nod to table `Insurance Act 2023′ in Parliament, `Insurance Act, 1938’ to be repealed
From the legislative point of of view, enacting `Insurance Act 2023’ by repealing `Insurance Act 1938' will be a simple exercise as its doesn't involve any major changes Earlier, the government dropped all its plans to bring in much talked about major reforms in the...
NIA targets 12% top-line growth and 5% reduction in combined ratio in FY’ 24: Kapur
Neerja Kapur, CMD, NIA ``Our future strategy is to increase the return on equity, expand our market share, leverage benefits of economies of scale driven by growth, rationalisation of operating offices, maintaining healthy solvency margin and increasing digital...
Raging Yamuna swells to record level in Delhi
New Delhi: The Yamuna in Delhi swelled to 207.55 metres on Wednesday, breaching its all-time record of 207.49 metres set in 1978, government agencies said on Wednesday. According to the Central Water Commission's (CWC) flood-monitoring portal, the water level at the...
Cybercrimes pose a major threat to security of citizens globally: Amit Shah
Amit Shah,Union Home Minister Shah will inaugurate the two-day G20 conference on 'Crime and Security in the Age of Non-Fungible Tokens (NFTs), Artificial Intelligence (AI) and Metaverse' beginning in Gurugram on Thursday The conference will bring together over 900...
Auto industry says tweaked definition of SUV will provide clarity on taxation structure
Maruti Suzuki India Senior Executive Officer (Marketing and Sales) Shashank Srivastava said, "From the various media reports, it appears that the peak cess of 22 per cent over the 28 per cent GST slab is now applicable for all vehicles fulfilling the three conditions...