“The state government will talk to the company management that Rs 1...
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FSIB panel headed by BS Sharma gets one year extension
For insurance sector appointment, Usha Sangwan, former Managing...
Finance ministry asks pvt banks to increase their participation in implementation of govt schemes
M Nagaraju, Secretary,Department of Financial Services "Secretary...
Air India escapes premium hike in hard Apr 1 renewal, Tata AIG Gen replaces New India as lead insurer for the cover
With a good track record, AI has managed to hold on to the last year premium of $30 million After a year of ownership of Air India, Tatas have preferred to make their own subsidiary Tata AIG General insurance as the lead insurer for the airlines by giving larger...
Remain cautious and wear mask, focus should be on clinical cases: Experts on Covid surge in Delhi
'The rise in Covid cases is led by the new variant ''Our focus should be on looking for clinical cases rather than laboratory-tested cases.For India, there is a 30-fold increase in cases but the daily deaths have not increased in that proportion. We should not worry...
Investors’ wealth erode by Rs 5.86 lakh cr in FY23; Sensex marginally up 0.72 pc
''In FY23 we have seen events of decadal high inflation, aggressive monetary policy stance by global central banks w.r.t interest rate hikes, banking crisis in US and Europe, and continuing Russia-Ukraine war,'' said Srikanth Subramanian, CEO of wealth management...
Maruti Suzuki, Hyundai, Tata Motors report best-ever wholesales in FY23
''We expect the industry growth to be in the range of 5-7 per cent this fiscal and the company would like to perform better than the industry,'' said Shashank Srivastava,executive director,Maruti Suzuki India New Delhi: Maruti Suzuki, Hyundai and Tata Motors reported...
Centre reviews public health preparedness for management of Covid-19
States and UTs were briefed that India has been witnessing an increase in COVID-19 cases with average daily cases rising to 966 in the week ending March 23 2023 from 313 average daily cases in the week ending March 3 2023; and weekly positivity going up to 1.08 per...
New life players-Acko Life Insurance and Credit Access Life Insurance receive licenses from IRDAI
Three new players have been given licenses in FY2022-23. Another 20 players which intend to enter country's life, non-life and reinsurance sector are in the pipeline, said IRDAI on Friday. Hyderabad: Finally, the long dry spell of new life players have come an end...
LIC,GIC Re and NIA continue to be listed as D-SIIs in 2022-23:IRDAI
Domestic Systemically Important Insurers refer to insurers of such size, market importance, and domestic and global interconnectedness, whose distress or failure would cause a significant dislocation in the domestic financial system, said the Irdai Hyderabad: Life...
DFS joint secretary Sourav Mishra resigns
Sourav Mishra, joint secretary, Department of Financial Services Though, Mishra will be relieved on Apr 30, it is immediately not known whether a bureaucrat from the government or another private sector professional will replace him in the DFS which is headed by...
Sebi to boost disclosure norms; do away with permanent board seats for individuals
Sebi also said that listed entities will be required to fill up the vacancy of Directors, Compliance Officer, Chief Executive Officer and Chief Financial Officer within a period of three months from the date of such vacancy to ensure that such critical positions are...
IRDAI to hire senior professionals from open market, offers packages more than chairman’s salary
The posts which have been advertised for recruitments are Chief Technology Officer (CTO),Chief Communications Consultant (CCC), Chief People Officer (CPO) and Chief Risk Officer (CRO) The minimum gross emoluments for all these posts would be around Rs70 lakhs per...