A transaction could value SBI General Insurance at as much as $4.5...
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SBI to deepen employees’ financial understanding; to have bi-weekly yoga sessions for all
"This strategic initiative aims to enhance the depth, quality, and...
Indian insurers say RBI’s limit on duration for state debt STRIPS may dent demand
Earlier this month, the Reserve Bank of India enabled Separate...
Mukesh Ambani to foray into genome testing with a $145 kit
The genome test, which is about 86% cheaper than other offerings available locally, can reveal a person’s predisposition to cancers, cardiac and neuro-degenerative ailments as well as identify inherited genetic disorders, he said. Billionaire Mukesh Ambani’s group is...
RCap Resolution: NCLAT allows Reliance Capital lenders’ plea for another round of bidding
The appellate tribunal permitted the CoC to continue with the challenge mechanism and invite bids after two weeks The NCLAT order came on a petition filed by Vistra ITCL (India), one of the lenders of Anil Ambani-promoted Reliance Capital, challenging an order of NCLT...
Ensure sustainable fund for Lysosomal Storage Disorders, other rare diseases: MPs to Health Ministry
Nearly 50 per cent of new cases occur in children, causing 35 per cent of deaths before the age of one, 10 per cent between the ages of one and five years and 12 per cent between five and 15 years. New Delhi: Patients diagnosed with ultra-rare genetic conditions,...
Bajaj Finserv gets SEBI license to commence mutual fund business
Sanjiv Bajaj, Chairman & Managing Director, Bajaj Finserv, said, the approval from SEBI is strategically important for the company as it enables the firm to complete its suite of financial solutions for retail customers Mumbai: Financial services firm Bajaj...
Apple supplier Foxlink says working to resume production after India fire
Company had said that the site had been blocked off by the fire department and that four production lines were known to be damaged As the plant, equipment and inventory are covered by insurance, the fire has not yet had a significant impact on the company’s finances...
India to withdraw licenses for oil tankers, bulk carriers older than 25 yrs
"There is a need to modernise the Indian fleet, which requires extensive review of the requirements of the registration and operation of the ships," the Directorate General Of Shipping said in the order uploaded on its website late on Monday "Age norms will assist in...
Overall passenger vehicle dispatches cross 3.35 lakh units in Feb; automakers post robust sales
The country's largest carmaker Maruti Suzuki India on Wednesday said its domestic wholesales rose 11 per cent to 1,55,114 units in February as compared with 1,40,035 units in the same month last year New Delhi: Driven by strong demand, the overall passenger vehicle...
Too early to forecast the impact of El Nino conditions on the monsoon season: IMD
Below-normal rainfall was expected over most areas of northwest India, west-central India and some parts of east and northeast India. Normal to above-normal rainfall is likely over most parts of peninsular India, east-central India and some isolated pockets of...
Record high temperatures in Feb may lead to more rate hikes from RBI, says India Ratings
The high temperatures will impact the wheat production, the rating agency said, adding that the surge in wheat prices contributed to over a tenth of the retail inflation in December and January, which is way above their weight in the basket Earlier in the day, the Met...
India to get heat waves this year after hottest February on record, to implement “heat-related health action plans
Average maximum temperature in February was 29.54 degrees Celsius, the highest since 1901, when the IMD started keeping weather records. The country received 68% lower rainfall than the normal in February, the weather office said. "Temperatures have already touched...