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HDFC Life Q2 net profit inches up 3 pc to Rs 447 cr
"The recent GST revisions are a constructive structural shift aimed...
DPIIT launches PM GatiShakti Offshore for integrated planning
The portal would have detailed data sets on offshore wind, solar,...
Obligation of IRDAI to ensure persons with disability not unduly prejudiced: HC
The Insurance Regulatory and Development Authority of India (IRDAI) being the sector regulator would also have an obligation to ensure that Rights of Persons with Disabilities (PwDs) are not unduly prejudiced and give suitable directions to insurance companies after...
“Initiatives taken to make UPI system available on feature phones”: RBI Governor Shaktikanta Das
“We have encouraged digital payment but the main challenge on the UPI is that it usually needs a smartphone but in our country, a large number of people are using feature phones. We have launched some products to make feature phones to operate the UPI system as well....
Curious share transfer case involving Axis Bank, Max Financial referred to RBI, SEBI: IRDAI
Last October, the Insurance Regulatory and Development Authority of India (IRDAI) had penalised Axis Bank Rs 2 crore for the share transactions which was done mainly to get excess remuneration as corporate agent of Max Life than permissible under the rules Chennai:...
Reliance Capital resolution plan all set to clear its final hurdle today
According to sources, based on this SC order, the NCLT is likely to follow the same path and dismiss Torrent’s plea. Prior to NCLT, Torrent Investment had approached SC and filed a plea seeking to restrain NCLT from considering IIHL's resolution plan, but in a setback...
LIC secures 107th position in Fortune Global 500 list
Life Insurance Corporation(LIC) is celebrating its 67th anniversary on Friday. With 13.47 lakh agents, LIC has taken many customer-centric initiatives and digital initiatives besides improving pricing and creating operational efficiencies Mumbai: With total 27.74...
GDP grows at 7.8 pc in Apr-Jun, India remains fastest growing economy
The expansion in ‘financial, real estate and professional services’ GVA was 12.2 per cent, up from 8.5 per cent in the year-ago quarter New Delhi: India recorded an economic growth rate of 7.8 per cent in the April-June quarter of 2023-24 and remained the fastest...
IRDAI allows modifications in some closed life products
The move will help the life insurers to provide enhanced flexibility while ensuring that policyholders benefits are not adversely impacted, the life insurers had told the IRDAI Hyderabad: The IRDAI has now allowed the life insurers to modify some of their products...
CJI warns lawyers, litigants about fake SC website created for phishing attacks
D Y Chandrachud, Chief Justice of India The top court has also issued a public notice and asked the public to neither click nor share any website links they receive without verifying their authenticity New Delhi: Chief Justice of India D Y Chandrachud on Thursday...
NCLT reserves order on Torrent Investent’s plea against lenders on bidding
In its appeal, Torrent Investment said the matter is pending with the Supreme Court and if the tribunal approves IIHL's Rs 9,650 crore resolution plan it will become infructuous if the apex court rules against the Committee of Creditors (CoC) decision on the extended...
Mukesh Ambani in talks with head hunters for spotting Jio Insurance CEOs
Mukesh Ambani,Chairman,Reliance Industries Limited Korn Ferry and Spencer Stuart Inc. are among the firms that have held talks with representatives from the petrochemicals-to-consumer conglomerate, the people said. Jio Financial will look to hire a chief executives...