India had 340 aircraft in 2014 and that number has increased to 840...
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Ayush Ministry working to integrate Unani with modern medicine: Prataprao Jadhav
Prataprao Jadhav, Union Minister of State for Ayush Union Minister...
FPIs pour Rs 31k cr in equities in 6 sessions on attractive valuations, macro
The shift from sustained selling to modest buying indicates a...
UK’s Howden takes full control of its Indian broking JV, looks for acquisitions
Praveen Vashishta, chairman, Howden India ``We want to be a Rs 200 crore company in our India operations in couple of years and have put in place right growth strategies supported by talents and technologies,'' said Praveen Vashishta, chairman of Howden India adding...
Govt firm on privatising 2 public sector banks: Report
According to sources, Central Bank of India and Indian Overseas Bank are likely candidates for privatisation New Delhi: The government is on course with the privatisation of two public sector banks (PSBs) and will take appropriate steps in the coming months, sources...
Govt to implement new 3rd party Motor insurance premium from June 1
The general insurers are eagerly waiting for the final notification of the Motor TP rates as they have not been allowed to raise the rates for the loss making portfolio during last two years by the insurance regulator IRDAI due to the Covid-19 Pandemic A discounted...
Digit Insurance plans to raise $500 million via public offer, aims a $5 billion valuation
Digit was valued at close to $4 billion earlier this month when it raised a tranche of funding. It has so far raised more than $400 million from Sequoia Capital, A91 Partners and Faering Capital, besides Fairfax MUMBAI: India's Digit Insurance, backed by Canadian...
SpiceJet faces ransomware attack, many flights impacted
"Certain SpiceJet systems faced an attempted ransomware attack last night that impacted and slowed down morning flight departures today. Our IT team has contained and rectified the situation and flights are operating normally now," the SpiceJet tweeted after getting...
Ransomware attacks rise 13% in past year, India Inc at great risk
“Roughly 4 in 5 breaches can be attributed to organised crime, with external actors approximately 4 times more likely to cause breaches in an organization than internal actors,” the findings showed New Delhi: There has been an alarming rise in ransomware breaches...
Large Covid claims push New India into red in Q4 FY 2021-22
Madhulika Bhaskar, general manager, New India Assurance, said, " The profitability for the year was severely affected due to COVID claims, with the company settling about Rs 3760 crore worth of such claims during the year. The investment income for the quarter...
LIC to declare financial results for FY22 on May 30
The insurance behemoth, which was listed on the bourses earlier this month on May 17, said the board will consider and approve the audited financial results (standalone and consolidated) for the quarter and year ended March 31, 2022 The meeting will also consider...
NHA launches revamped Ayushman Bharat Health Account mobile app
Elaborating on the app, R S Sharma, CEO, of NHA said, ”The ABHA app will be instrumental in helping citizens to create their longitudinal health records. They can access their health records with the help of their ABHA address in seconds which will empower them in...
Moving to ‘preparedness for recovery’ key to tackle climate change impact: PK Mishra
P K Mishra,Principal Secretary to the Prime Minister ''In India, for the first time, in the country's disaster risk management financing architectures, we have created a specific window for financing reconstruction and recovery, with USD 7.5 billion over five years,''...