Veena George, Health minister, Kerala Nipah virus (NiV) is a highly...
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Centre asks states to crack down on manufacturers selling sub-standard helmets
"With over 21 crore two-wheelers on Indian roads, rider safety is...
Number of poor rising wealth getting concentrated in hands of some rich, says Gadkari
Nitin Gadkari, Road Transport and Highways Minister "Slowly the...
Remuneration norms of pvt sector insurers MDs to be applied for their KMPs also, proposes IRDAI
The step will give more clarity to the extent of variable pay with respect to the total remuneration of directors and KMPs, variable pay deferral, malus and clawback provisions, accounting disclosures, said the IRDAI Hyderabad: The existing framework, in operation...
Maha: Court awards Rs 1.19 cr compensation to family of man killed in road accident
MACT member M M Walimohammed, in the order passed on April 25, directed Gulnar Plastics Pvt Ltd at Silvassa, the owner of the offending vehicle, and its insurer Tata AIG General Insurance Company Ltd, to jointly and severally make the payment of Rs 1,19,64,400 to the...
General insurers can now issue 30-yr fire policies
Hyderabad: The general insurers will now be allowed launch 30 -year fire insurance policies. Taking in to consideration the need for long-term coverages in fire Insurance products, , it is proposed to permit general insurers offer “long-term products” covering Fire...
Indeerjit Singh assumes charge as SG, GI Council
Indeerjit Singh, Secretary General, General Insurance Council Mumbai; Indeerjit Singh,59,director and general manager, GIC Re, on Tuesday has assumed the charge of secretary general of General Insurance Council(GI Council), the official self regulatory...
Reliance General offers covers to Swiggy’s Delivery Partners
Reliance General Insurance is providing a unique health insurance product along with personal accident and mobile phone insurance coverage to Swiggy’s fleet of 3 lakh delivery partners across the country through Gallagher Insurance Brokers Pvt. Ltd. Mumbai: Reliance...
LIC launches ’s Group Post Retirement Medical Benefit Scheme
Mumbai: Life Insurance Corporation of India has introduced Group Post Retirement Medical Benefit Scheme with effect from 2nd May 2023. This plan is a Non-Linked, Non-Participating, Life, Group Savings Insurance product. The plan helps to meet the employer’s obligation...
S&P Global introduces enhanced employee benefits with ‘People First 9.0’
Nilam Patel, Head- India Operations at S&P Global added, “India caters to over 35% of the S&P Global workforce worldwide. Our People First philosophy gives us a chance to understand the needs of our people and build an environment that gives them a chance to...
IndusInd International Holding receives Rs 50,000 cr financial offers from overseas lenders for Reliance Capital acquisition
IIHL is offering Rs 10,000 crore for Reliance Capital, while the liquidation value (LV) and fair value (FV) of the company are pegged at Rs 13,000 crore and Rs 17,000 crore respectively Mumbai: The Hinduja Group arm, IndusInd International Holding Ltd. (IIHL), which...
Jio Financial Services plans IPO in Oct
Jio Financial Services along with host of various financial services companies will also float one life insurance and one general insurance company Mumbai: Reliance Industries Ltd. is planning to list its digital financial services unit,Jio Financial Services, as soon...
Star Health Insurance earns profit of Rs 102 cr in Q4
“Retail health insurance will remain our primary focus for the years ahead'' Anand Roy, chief executive officer and managing director Chennai: Star Health and Allied Insurance on Friday reported Rs 102 crore net profit for the fourth quarter ended March 2023. The...