The five names are Rekha Solanki, GM, OICL, Anjana Saxena,...
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Bajaj Finserv shares slip over 4 pc in 6 months amid insurance deal
Bajaj Finserv will spend Rs 13,780 crore to acquire the general...
Nadda asks MPs to ensure health check-up for all citizens in their constituencies every year
The minister said that ever since the campaign started, 35 crore...
Indian Inc mandatorily has to report all cyber incidents to CERT-In: Govt
.“To effectvly fight cybercrime, all companies n enterprises must mandatorily report cyber incidents to @IndianCERT, New #CyberSecurity directions for a #SafeAndTrusted Internet issued under Sec 70b of IT Act,” said Union Minister of state for Electronics and IT...
Gujarat: 3 Officials, Surveyor, Private Firm Owner Convicted for Insurance Fraud
As per the case registered by the CBI in January 2003 on a complaint from NIACL's Mumbai office, the accused, in conspiracy with the private persons and surveyors, had issued open marine policies in the name of a non-existing firm called Falcon Industries, Vadodara,...
IRDA panel recommends combi products with common tech platform
The committee feels that one of the options to ensure uniformity and efficiency in the administration of the combi product through the use of technology is to develop a common technological platform with the involvement of the Life Insurance Counciland the General...
FinMin, Sebi to take call on relaxation in LIC meeting minimum public holding norm: DIPAM Secy
Under the Sebi's minimum public shareholding norms, listed entities with a valuation of over one lakh crore need to have at least 25 per cent public shareholding within 5 years of listing. The government had last year exempted public sector entities from this norm New...
LIC IPO price attractive; lot of growth potential: Chairman Kumar
More than the embedded value one should look at the value for new business (VNB) going forward, and it should reach 12-13 in the future, LIC Chairman MR Kumar said VNB margin is what investors would be looking at and it is 9 for LIC at present, he said. New Delhi: LIC...
IRDA raises investment limit of insurers in financial sector companies to 30% from 25%
`The new higher limit will allow insurers to invest larger amount of money in safe instruments of other financial sector companies including insurance companies and improve their returns,'' said industry sources Hyderabad: In a bid to boost investment income for...
Heat wave scorches India’s wheat crop, snags export plans
The heat in March — the hottest in India since records first started being kept in 1901 — that stunted crops. Wheat is very sensitive to heat, especially during the final stage when its kernels mature and ripen Climate change has made India’s heat wave hotter, said...
GIC Pte, ADIA and Norway Sovereign Wealth Fund to be anchor investors in LIC IPO
The LIC IPO aims to raise as much as Rs 210 billion ($2.7 billion) by pricing shares between 902 rupees to Rs 949 rupees each. Norges Bank Investment Management, GIC Pte and Abu Dhabi Investment Authority will be among the anchor names due to be announced Monday, the...
ONGC struggles to ship Russian oil to Asia as sanctions bite
Moscow’s ability to ship that grade, which requires vessels that can break through ice, is becoming harder due to concerns from shippers over reputational risk and the increasing difficulty for Russian assets to find insurance coverage New Delhi: India’s Oil and...
Govt working on digitisation of healthcare services under ‘One Nation, One Health’: PM Modi
Prime Minister Narendra Modi PM Modi said the government focused on seven things in terms of health including preventive healthcare including through yoga and swachhta campaigns, early detection through new testing centres, primary healthcare centres in every...