Union Finance Minister Nirmala Sitharaman said Prime Minister...
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UII challenges NCDRC’s order in SC on settling Rajasthan Royals’s Rs 82 lakh due to Sreesanth’s injury
UII had rejected the claims saying Sreesanth had a pre-existing...
SC asks NGT to hear plea relating to noise levels at IGI airport
A bench comprising Justices BV Nagarathna and R Mahadevan passed...
LIC launches ’s Group Post Retirement Medical Benefit Scheme
Mumbai: Life Insurance Corporation of India has introduced Group Post Retirement Medical Benefit Scheme with effect from 2nd May 2023. This plan is a Non-Linked, Non-Participating, Life, Group Savings Insurance product. The plan helps to meet the employer’s obligation...
S&P Global introduces enhanced employee benefits with ‘People First 9.0’
Nilam Patel, Head- India Operations at S&P Global added, “India caters to over 35% of the S&P Global workforce worldwide. Our People First philosophy gives us a chance to understand the needs of our people and build an environment that gives them a chance to...
IndusInd International Holding receives Rs 50,000 cr financial offers from overseas lenders for Reliance Capital acquisition
IIHL is offering Rs 10,000 crore for Reliance Capital, while the liquidation value (LV) and fair value (FV) of the company are pegged at Rs 13,000 crore and Rs 17,000 crore respectively Mumbai: The Hinduja Group arm, IndusInd International Holding Ltd. (IIHL), which...
Jio Financial Services plans IPO in Oct
Jio Financial Services along with host of various financial services companies will also float one life insurance and one general insurance company Mumbai: Reliance Industries Ltd. is planning to list its digital financial services unit,Jio Financial Services, as soon...
Star Health Insurance earns profit of Rs 102 cr in Q4
“Retail health insurance will remain our primary focus for the years ahead'' Anand Roy, chief executive officer and managing director Chennai: Star Health and Allied Insurance on Friday reported Rs 102 crore net profit for the fourth quarter ended March 2023. The...
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...