(L to R) Rishi Nath, official adjudicator, Guinness World Records,...
Category:
Indian News
Latest
Govt ratifies interest rate at 8.25 pc on employees’ provident fund for FY25
EPFO, on February 28, had decided to retain the interest rate of...
Monsoon reaches Kerala, earliest since 2009: IMD
The IMD in April forecast above-normal cumulative rainfall in the...
Govt open to making changes in PMFBY in response to recent climate crisis, tech advancement: Agri secy
Manoj Ahuja, secretary,Department of Agriculture and Farmers Welfare ''Since farming is exposed directly to such climatic catastrophes, it is important and critical to protect the vulnerable farming community of the country from the vagaries of nature. the government...
IRDAI plans to launch social safety net product “Bima Vistaar” on Bima Sugam
(Lto R)Thomas M Devasia, member-Non-Life, IRDAI, B C Patnaik, MD,LIC at 14th Assocham Global Insurance Summit Thomas M Devasia, member-Non-Life, Insurance Regulatory and Development Authority of India said, “We are working on certain broad-based initiatives towards...
Piramal, Zurich Joint Venture for Reliance Capital’s general insurance business collapses
According to the sources close to the development, both companies have decided to part ways due to the differences on various issues like shareholders agreement, valuation, etc With the collapse of Piramal-Zurich JV, the fate of RGIC's bidding process is uncertain, as...
LIC expects a profit of $4.9 bn from equity sales in 2022-23: Chairman
"The change in product mix is clear indicator of our efforts in maintaining our market leadership position. We hope that sooner or later the markets will value our efforts that are making the results that are visible," said MR Kumar,chairman,LIC Mumbai: Life Insurance...
Shriram Financial Ventures to be Shriram Group’s holding company
Following the merger, Shriram Financial Ventures (Chennai) Pvt Ltd, which was the holding company of Shriram Capital Ltd, would now become the promoter and holding company of the financial services and insurance businesses of the group Chennai: Shriram Capital Ltd,...
IRDAI proposes single management expense limit for insurers
It also proposed that there should be no variable pay to Managing Director (MD), Chief Executive Officer (CEO), Whole-Time Directors (WTD) and Key Management Persons (KMPs) for the financial year in which the actual expenses exceed the projected expenses by more than...
Delhi HC awards Rs 13 lakh to Starbucks in lawsuit against Jaipur café over ‘Frappuccino’
Starbucks said it had moved the court after it came to its notice that the defendant café was selling a beverage under the name of "Brownie Chips Frappuccino" without its permission, authorisation or licence. New Delhi: Recognising Starbuck's right over the...
AP focuses on ‘climate change governance’, sets up special cell
Special Chief Secretary (EFST Department) Neerabh Kumar Prasad said coastal zone disasters (cyclones), drought, adverse human health effects and depleting water resources were some of the challenges AP faced Vijayawada: The Andhra Pradesh government has created an...
Four special benches in SC to hear accident claim, criminal, tax,land acquisition cases from next week
“From next week, there would be special benches for criminal appeals, direct and indirect tax matters, land acquisition matters and motor accidents claims tribunal matters,” the CJI said New Delhi: Four special benches will start functioning in the Supreme Court from...
Union Labour Ministry summons Amazon India over layoff disputes
Underlying the Industries Disputes Act, Nascent Information Technology Employees Senate argues that without permission from the government, an employer cannot be laid off. Bengaluru: The Union Labour Ministry has summoned Amazon India to appear before the Deputy Chief...