"FY'26 has been a watershed year for India's electric mobility...
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Govt plans sovereign guarantees on loans to businesses hit by Iran war, sources say
India is planning to provide a guarantee of about 90 per cent on...
Sebi wants independent directors to adopt ‘constructive approach’
Tuhin Kanta Pandey, chairman,Sebi In the comments that came weeks...
Factory Mutual opens its Mumbai office
Lto R- Srini Krishnamurthy, senior Vice President, FM operations India, Malcom C. Roberts, Chairman & CEO at the Mumbai Office Opening “Our growing operations in India reflect both a global and local commitment. By combining world-class expertise with...
India’s insurance market to grow at higher than major emerging and advanced countries in next 4 yrs, says Swiss Re
“India is a true bright spot for insurance growth in the mid-term as opportunities emerge, especially in health and motor insurance. We are set to benefit from forward-looking regulatory reform, digital innovation and a disciplined but attractive product mix for...
Saudi Re launches operations in GIFT-City
```We have a national expansion strategy, and that's where we identify India to be a key growth engine for us.Indian market could be also be a hub to serve the region,’’ said Ahmed Al-Jabr, Chief Executive Officer, Saudi Re while addressing the industry players...
Shefali Sehwani succeeds Shankar Gargipathy as Lloyd’s India CEO
Shefali Sehwani, country manager & CEO, Lloyd's India Currently, Lloyd's has one of its Syndicates, Markel , operating in India.Lloyd's also is diversifying its India exposure by venturing into the GIFT-IFSC, India's sole Internationbal Financial Services Centre...
Delhi tribunal awards over Rs. 1.62 crore to 21-year-old man injured in road accident
The tribunal awarded him a compensation of over Rs. 1.62 crore under various heads, including Rs. 59.36 lakh for loss of future earnings.Since the vehicle was insured at the time of the accident, the tribunal directed the insurer, The New India Co. Ltd., to deposit...
Signature Global to invest Rs380 cr on earthquake resistance technology
The 'Hysteretic Tuned Mass Dampers (HTMDs)' technology is a specialised system designed to reduce vibrations in high-rise buildings caused by wind and earthquakes.By controlling building movement, it enhances stability and occupant comfort. New Delhi: Realty firm...
LIC should continue focus on digital marketing: Nagaraju
M Nagaraju,Secretary,Financial Services Nagaraju expressed satisfaction with LIC’s consolidated AUM of ₹57.23 lakh crore and a yield of 8.9% on policyholders’ funds, supported by a strong solvency ratio of 2.13. This corpus may be used for incentivising growth of...
DGCA imposes Rs 22.20 crore penalty on IndiGo over December 2025 flight disruption
The committee observed that an overriding focus on maximising utilisation of crew, aircraft, and network resources, which significantly reduced roster buffer margins. Crew rosters were designed to maximise duty periods, with increased reliance on dead-heading, tail...
AM Best maintains stable outlook on India’s non-life insurance segment
“India’s long-term economic outlook remains favourable for non-life insurance growth despite the near-term moderation,” said Chris Lim, associate director, analytics, AM Best. Singapore: International rating agency AM Best has maintained its outlook on India’s...
Anuj Tyagi quits as MD&CEO of HDFC ERGO General Insurance
Anuj Tyagi, MD & CEO, HDFC ERGO General Insurance The board of the company has already initiated a structured sucession process to ensure continuity and stability. Tyagi will work with the team till mid April to ensure a smooth transition in keeping with the...