The bench directed the Tamil Nadu government to issue a...
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CCI clears Patanjali 5 other entities’ proposal to acquire 98% stake in Magma Gen Insurance
Following the CCI approval, Patanjali Ayurved will assume the role...
Sebi to review ESG disclosures for listed firms: Chairman
Tuhin Kanta Pandey, chairman, Sebi The review, which follows...
Wage-Revision: PSU general insurance unions threaten “2-day complete strike” from July 27th, demand pay parity with LIC
``In case of any failure on the part of our managements to revert on priority basis, we shall have no choice but to observe 2-day complete strike in PSGICs and GIC Re on 27th & 28th July 2022 and any other IR action as warranted, in consonance with the sentiments...
Shriram Group’s non-banking financial entities to get amalgamated by Dec qtr: MD & CEO YS Chakravarti
YS Chakravarti, Managing Director and CEO, Shriram City Union Finance Shriram City Union Finance Ltd (SCUF) has received shareholders' approval for the merger and it is expected to get the nod from the Insurance Regulatory and Development Authority of India (Irdai)...
Punjab CM gives nod to state disaster mitigation fund
Bhagwant Mann,Chief Minister,Punjab The chief minister said a total sum of Rs 729.60 crore will be available in the SDMF from 2021 to 2026, which will be instrumental in further augmenting the preparedness of the state for any sort of natural disaster Chandigarh:...
Pay GST on hospital rooms above Rs 5,000 from Monday
The government has now notified that all such clinical establishments including hospitals, nursing homes, and sanatorium would be liable to pay tax on the gross room rentals which is more than Rs 5,000 per day Services rendered by regulators such as RBI, IRDA and SEBI...
Terrorism, cyber crime main challenges before Mumbai Police: Top cop Phansalkar
Mumbai Police Commissioner Vivek Phansalkar ''Tackling terrorism is a challenge before the Mumbai police and our efforts are continuously on to keep the city safe and terror-free. The safety of every citizen here is the Mumbai Police's primary duty,'' he said Mumbai:...
Technical problem forces IndiGo plane to land in Karachi
"IndiGo flight 6E-1406, operating from Sharjah to Hyderabad was diverted to Karachi. The pilot observed a technical defect. Necessary procedures were followed and as a precaution, the aircraft was diverted to Karachi," IndiGo said in a press release New Delhi: Another...
No cooperative sector database so far; govt has begun work to create it: Amit Shah
Union Home and Cooperation Minister Amit Shah Union Home and Cooperation Minister Amit Shah said "neither do we have the database of cooperative societies of fishermen, nor do we have the database of cooperatives working in irrigation sector" Even, the Minister said,...
Garuda Aerospace to assist NDRF in flood affected Gujarat, AP
The drones would be deployed to deliver food and necessary medicines to people affected by the floods in Vadodara (Gujarat) and in Guntur, Andhra Pradesh Chennai: Drone start-up Garuda Aerospace has offered its assistance to National Disaster Response Force in...
ICICI Pru life posts a net profit of Rs156 crore in Q1FY2023
For Q1-FY2023, the life insurer has registered a 31.6% growth in its Value of New Business (VNB), a measure of profitability of a life insurer. The VNB of the company stood at Rs 471 crore with a VNB margin of 31% Mumbai: ICICI Prudential Life Insurance, the fourth...
PNB MetLife announces Rs 594 crore bonus for 4.95 lakh policyholders
PNB MetLife India Insurance Company (PNB MetLife) has announced a 12% higher bonus of Rs 594 crore for 4.95 lakh policyholders of participating products for FY22. Ashish Kumar Srivastava, MD & CEO, PNB MetLife, said, “This is the highest bonus that we have ever...