Air India had renewed its mega $20 billion insurance policy with...
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No MDR will be charged on UPI transactions: FinMin
"Speculation and claims that the MDR will be charged on UPI...
Firefighting efforts intensify aboard Singapore vessel after explosion off Kerala coast
"Around 40 per cent of the fire has now been brought under control....
LIC says it has exposure of Rs 36,474.78 crore to Adani group
''Our total holding in the Adani group companies under equity and debt a on date is Rs 36,474.78 crore. This was Rs 35,917.31 crore as of December 31, 2022. Total purchase value of these equities of the group companies, bought over the past many years, is Rs 30,127...
Bajaj Finserv net income jumps 42 pc to Rs 1,782 crore
The general insurance arm's net profit declined 9 per cent to 278 crore from Rs 304 crore and that of life insurance arm's too declined 8 per cent to Rs 81 crore from Rs 88 crore. Mumbai:Bajaj Finserv, holding company of Bajaj Group's financial services businesses, on...
FSIB recommends M Jaggannath and Tablesh Pandya for 2 posts of LIC MDs
Jagannath, currently zonal manager, South Central Zone, LIC will be succeeding Raj Kumar who will be retiring tomorrow while Pandya will replace Vishnu Pattnaik who will be retiring in March end Year 2023 will see complete change of LIC’s top management, as starting...
Atal Pension Yojana has now more than 5cr subscribers
The scheme has done very well in the calendar year 2022 by enrolling more than 1.25 crore new subscribers in comparison to 92 lakh new subscriber’s enrolment in the calendar year 2021 Mumbai: Atal Pension Yojana(APY), the flagship social security scheme of the...
LIC continues to bet big on Adani, remains in green despite share price rout
According to stock exchange information, LIC made a total investment of Rs 28,400 crore in Adani shares over the last few years. The value of these shares was Rs 72,200 crore before the report of the US short seller triggered a stock price crash over the last two...
FSIB to interview 6 sr LIC officials on Monday to select 2 MDs
Year 2023 will see complete change of LIC's top management, as starting with Kumar, other three MDs, BC Pattanaik, Mini Ipe and Siddarth Mohanty along with MR Kumar,chairman will be retiring in next six months New Delhi: The Financial Services Institution Bureau...
FinMin to stick to privatisation of already announced CPSEs next fiscal
After tasting success in privatising loss-making Air India in 2021, the progress of PSU sell-off has not been very impressive over the past year, and experts say that with the general election around the corner in 2024, no major disinvestment announcement is expected...
Reputational Risk: Kidnapped for ransom, 26/11 survivor Gautam Adani faces his biggest challenge yet
Gautam Adani,Founder of Adani Group Hindenburg Research, a tiny New York firm that specialises in short selling, brought out a scathing report that has led to his group shedding more than USD 50 billion in market value in just two trading sessions and Adani himself...
IMA puts forward demands to govt ahead of budget presentation
In its proposal to the government for consideration in the upcoming Union Budget, the Indian Medical Association (IMA) has said deficit funding is the most important cause behind the lack of penetration of the AB-PMJAY If the funding has to be raised to at least the...
Govt notifies 3 GACs to look into complaints against social media firms
The objective of establishing the GACs is to settle the issues that users may have against the manner in which social media platforms initially addressed their complaints regarding content and other matters New Delhi: The Centre on Friday notified three grievances...