Rajiv Bahl, DG, ICMR "The government and health agencies are...
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Govt to meet stakeholders to assess impact of Iran-Israel conflict on India’s trade
According to think tank GTRI, any closure or military disruption in...
Air India warned by DGCA for flying Airbus planes with unchecked escape slides
In the report, the Directorate General of Civil Aviation said spot...
No age bar for cadaver registrations under ‘One nation one Policy’
"The changes in the guidelines will help patients in seeking transplant from deceased donors at any hospital in the country or states, this will ease the process of organ transplantation and donation," an official source from Union Health Ministry said. New Delhi: The...
E-pharmacies under radar; Union Health Ministry to initiate stern action
The Central Drugs Standard Control Organisation (CDSCO) issued show-cause notices to over 20 online pharmacies and online platforms, that includes some big players as well in the industry such as Tata1mg, Practo, Apollo Amazon, Flipkart, etc. New Delhi: The Union...
MR Kumar may get another 3-month extension as LIC chairman till June end
M.R Kumar, chairman, Life Insurance Corporation The government is actively thinking about giving the last extension to Kumar as it is yet to finalise about his successor Though, there were some talks earlier that the government may go for a private sector...
India, soon world’s most populous nation, doesn’t know how many people it has
According to UIDAI, 1.30 billion people were enrolled under Aadhaar on December 31, 2022, against a projected population then of 1.37 billion. The gap would mostly be children who are not enrolled and deaths that are not updated, the former UIDAI official said. NEW...
HDFC Ergo General plans to raise Rs3 billion through 10- yr bonds
The private insurer has invited coupon and commitment bids from bankers and investors on Thursday,. MUMBAI: India's HDFC Ergo General Insurance plans to raise Rs 3 billion ($36.18 million) selling subordinated bonds maturing in 10 years, two merchant bankers said on...
IIB to set up tech platform ’Bima Satark’ to detect fraudulent health insurance claims
Prasun Sikdar, MD&CEO, ManipalCigna Health Insurance The process has been initiated on 18th January by the IIB ``Insurance Satark comes as a boon for the health insurance industry, as it helps us in detecting fraudulent claims. It is only for the health insurance...
Niva Bupa weighs stake sale at $2 billion valuation: Report
True North may consider selling some of its stake, the people said. A deal could also involve issuing new shares, one of the people said, asking not to be identified as the information is private. Mumbai: An Indian general insurer backed by British United Provident...
ManipalCigna launches a specialized plan for seniors
A customer between 56 to 75, after meeting the underwriting eligibility, can buy the plans and if an existing customer pay premium annually even after reaching 75, the cover will continue for him/her till death The sum insured options range from Rs. 3 lacs to Rs 50...
InsuranceDekho raises $150 million to grow SME business
The deal,the largest-ever Series A round for an Indian insurance technology company, was led by Goldman Sachs Asset Management and participated by TVS Capital Funds Investcorp, Avataar Ventures and LeapFrog Investments Based in Gurgaon outside New Delhi, the company...
Adani crisis unlikely to spill over to other Indian conglomerates
Gautam Adani, chairman, Adani Group The crisis has raised questions about India’s credibility as a global growth engine and a destination for international investors. Earlier this month, MSCI reduced the free float of four companies owned by Adani, while Moody’s...