Mrutyunjay Mohapatra, Director General, India Meteorological...
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State finance ministers’ panel discusses ways to curb ITC frauds sector-specific tax evasion
As per data on ITC frauds unearthed by central and state GST...
Govt employees under Unified Pension Scheme to get tax benefit akin to NPS: Finmin
The inclusion of UPS under the tax framework marks another step...
Govt clears Siddhartha Mohanty as chairman of LIC
Siddhartha Mohanty,chairman, Life Insurance Corporation Siddhartha Mohanty, the senior most MD, will be chairman of the LIC till June 29 and after that will be designated as chief executive officer and managing director of the corporation till 7TH June 2025 New Delhi:...
BC Patnaik appointed as member life, IRDAI
Bishnu Charan Patnaik, member, Life, IRDAI ``The Appointments Committee of Cabinet(ACC) has appointed Patnaik as the whole time member(Life) of IRDAI till he reaches the age of 62,’’ said an order from the Department of Personnel and Training New Delhi:...
Bajaj Allianz General Insurance net profit soars 30% to Rs 322 crore in Q4 2022-23
The company had an underwriting losses of Rs 2 crore for Q4 FY23 as against a profit of Rs 9 crore in Q4 FY22 Pune: With a combined ratio(CR) of of 97.3 per cent, Bajaj Allianz General Insurance Company(BAGIC) has reported a 30 per cent year-on -year(Y-O-Y) jump in...
Wary of cyclone, Odisha gears up for calamity
IMD said the state government was informed that there was no possibility of any low-pressure formation in the Bay of Bengal in the next 15 days and therefore no possibility of a summer cyclone now Bhubaneswar: After being hit by summer cyclones for three consecutive...
ICICI Pru Life refutes GST dept contention of tax liability due to input tax credit claims
In a filing to stock exchanges, ICICI Prudential Life said it had last fiscal received an intimation from the Directorate General of GST Intelligence (DGGI) of estimated tax liability to the company ''The company has filed a response refuting the claim,'' it said...
SBI Life net rises marginally to Rs 77.6 cr in Mar qtr
The value of new business grew 37 per cent to Rs 5,067 crore, with a robust margin of 30.1 per cent, up 420 bps for the year Mumbai: SBI Life on Wednesday reported Rs 77.6 crore net income for the March quarter, marginally up from the Rs 67.2 crore it had booked in...
Bajaj Allianz Life declares bonus of Rs 1,201 cr to policyholders in FY23
As many as 11.43 lakh participating policyholders out of its total of 3.5 million policyholders will benefit from the announcement, it added. Mumbai: Bajaj Allianz Life on Wednesday said it has declared a bonus of Rs 1,201 crore to participating policyholders for the...
Hinduja Group emerges sole bidder with Rs 9,650 crore offer for Reliance Cap in 2nd auction
However, according to sources, any decision on the resolution of Reliance Capital by the CoC will be subject to the outcome of the SC's judgement in the appeal filed by Torrent Investments Mumbai bench of the National Company Law Tribunal (NCLT) has extended the...
SC sets aside Gujarat HC order to treat Ayurveda physicians at par with allopathy doctors
While recognising the importance of Ayurveda practitioners and the need to promote alternative or indigenous systems of medicine, the top court said that it cannot be oblivious of the fact that both categories of doctors are certainly not performing equal work to be...
HDFC Life’s net profit remains flat at Rs 359 crore in Q4 FY 23
Mumbai: HDFC Life Insurance reported a smaller-than-expected rise in fourth-quarter profit on Wednesday, as higher expenses more than offset the rise in income from premiums. The Mumbai-based insurer said its standalone profit after tax rose a marginal 0.3% to Rs 359...