Despite its lack of underwriting profitability, ICICI Lombard has...
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Govt appoints Fin Secy Tuhin K Pandey as new Sebi chief for 3 yrs
Tuhin Kanta Pandey, Chairman, Sebi IRDAI chief Debasish Panda will...
LIC receives GST demand notice of Rs 479.88 crore
The company has received a communication/demand order for interest...
Environment ministry notifies guidelines on EPR for plastic packaging
Environmental compensation shall be levied based upon polluter pays principle, with respect to non-fulfilment of Extended Producer Responsibility (EPR) targets by producers, importers and brand owners, for the purpose of protecting and improving the quality of the...
No group can have more than one FRB in India:IRDAI
Till recently AXA group had only two separate branches, XL Se India branch and AXA France India branch and IRDA had asked the group to wind up operation of one of its branches Hyderabad: The insurance regulator IRDAI, after allowing overseas reinsurers to set up...
LIC’s looming mega IPO weighs on other insurers’ stocks, say investors
LIC's listing could dump the equivalent of nearly 60% of the three insurers' free-float capitalisation on the market, Macquarie said in a report this week, adding that the outlook for them remains challenging If LIC's valuation is attractive, the pressure could spread...
BSE EBIX and LIC join hands for distribution of insurance products
EbixCash, a subsidiary of Ebix, Inc. is in the process of seeking IRDA approval to transfer its share ownership in BSE EBIX from its parent Ebix Singapore Pte Ltd. to EbixCash Limited Mumbai: BSE and Ebix Singapore Pte announced the signing of distribution agreement...
Vistara’s Amritsar-bound flight makes emergency landing at IGI airport
There were 146 passengers onboard the flight when it took off from IGI for Amritsar. The emergency was sounded at runway number 28 of terminal number 2 New Delhi: An Amritsar-bound Vistara flight had to make an emergency landing at the Indira Gandhi International...
Life Insurance Council comes back with `Sabse Pehle Life Insurance’ campaign
To create a strong resonance across the country, the campaign will be rolled out in 40 cities across the country with a focus on the target audience from ages 25-55 years In this quarter the council might land up being the number one advertiser on reach and frequency...
Climate actions need adequate financing, says PM Modi, asks developed countries to fulfil financial commitments
Prime Minister Narendra Modi Reduce, reuse, recycle, recover, re-design and re-manufacture have been part of India's cultural ethos, said PM Modi, adding, India will continue to act for climate-resilient policies and practices as we have always done New Delhi: Noting...
Centre asks states, UTs to end additional COVID-19 restrictions amid decline in cases
"Presently, as the case trajectory across the nation is showing a sustained downward trend, it will be useful if states/UTs review and amend/do away with the additional restrictions so imposed after considering the trend of new cases, active cases and positivity...
Safety harness use, crash helmets mandatory for children below age of four on motorcycles: Ministry
''This has been notified under Section 129 of the Motor Vehicles Act, which mandates that the central government may, by rules, provide for measures for the safety of children below four years of age, riding or being carried on a motor cycle. Further, it specifies use...
Tatas to bring in new fleet for Air India: Chairman
On fleet modernisation, Tata Sons Chairman N Chandrasekaran said, "We will upgrade our fleet. We will bring modernity to our fleet. We will bring a new fleet, we will expand our outreach. Mumbai: Tata group will make Air India financially fit, upgrade aircraft, bring...