Amit Ganoakar, MD &CEO designate, Tata AIG General Insurance...
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Niva Bupa eyes Rs 2,200-crore via IPO; Sets price band at Rs 70-74/share
Krishnan Ramachandran, managing director (MD) and chief executive...
IRDAI wants changes in the functioning of IAC
The new regulation will bring flexibility in conducting number of...
CAIT urges govt not to dilute draft e-commerce rules
Nangia Andersen LLP Partner Sandeep Jhunjhunwala said the proposed rules like appointment of a chief compliance officer, a nodal contact person and a resident grievance officer may go a long way in protecting consumer interests, but could create a ‘massive’ compliance burden on corporations, especially those operating from outside India.
‘Currently, the rules neither provide any threshold for applicability nor any timelines or validity for DPIIT (Department for Promotion of Industry and Internal Trade) registration, becoming onerous for emerging companies,’ he said.
Allow life insurers to play bigger role in healthcare ecosystem, Deepak Parekh urges Irdai
‘While we continue to invest to enhance our technological capabilities, I feel that the time is right for the regulator (Irdai) to allow life insurers in India to evolve further and be the disruptor rather than the disrupted,’ HDFC Life Chairman Deepak S Parekh said.
Rs 4,698.10 cr paid for death claims under PMJJBY last fiscal
Pyment of Rs 4,698.10 crore was against 2,34,905 death claims under the PMJJBY in the last fiscal, Gaur said.
As many as 2,50,351 death claims were filed under the PMJJBY, and of them, 13,100 were dismissed in 2020-21. The remaining 2,346 claims were being examined.
IBBI puts out Aadhaar, PAN info of creditors on website; removes them later
A senior official said the details came into the public domain “inadvertently” as the regulator is working on a beta project to host the information of creditors of companies undergoing Corporate Insolvency Resolution Process (CIRP) and liquidation.
Covishield dose interval relaxed for Olympic-bound athletes: Centre to SC
The Centre said the matter was taken up at a meeting of the Empowered Group-5 (EG-5) on Covid vaccination, “which has recommended administration of second dose of Covishield prior to the prescribed time interval (after 28 days but before 84 days) to provide full coverage of vaccination and facilitating international travel”.
Odisha achieved 90% reduction in Malaria cases in 3 years: State Govt
As per the State Government, the reduction rate of malaria infection in the State between 2018 and 2019 has been 40 per cent against the national average of 17 per cent during the same period.
Rajasthan becomes 1st state to develop facility for Genome Sequencing
Health Minister Dr Raghu Sharma said that the facility of genome sequencing has been made available in the state to prevent the Covid-19 spread. Information about the new variants of the virus could be known with the technique of genome sequencing.
India’s new bad bank with $27 billion pile of stressed debt look for investors
By housing bad loans of many lenders under one roof, the entity should help speed up decision-making and improve bargaining power when resolving these assets.
India records 50,040 new COVID-19 cases, Centre presents vaccination roadmap to SC
The active cases constitute about 1.94 per cent of the total cases. Around 32.17 crore vaccine doses have been administered so far under the country’s vaccination drive. 64.25 lakh doses were administered in the last 24 hours.
The government said besides these, over 7.84 crore doses have been administered to persons between 18 to 44 years of age.
“Total 44.2 per cent of the priority population of persons above 45 years of age and 13 per cent of the population group of 18-44 years of age have received the first vaccine dose,” the Centre said in its affidavit filed in the top court in the suo motu matter on COVID-19 management.
Phase 1 of Ola e-scooter factory nearing completion, rollout soon: CEO
The launch of the electric scooter is in line with Ola’s global vision of moving mobility into a more sustainable, accessible and connected future.
“The EV revolution is coming! From Karnataka in 2017 to Gujarat just this week, 21 states and UTs are now incentivising EVs to make them affordable. We’re committed to accelerating this with #OlaFuturefactory and our scooter that’s coming soon,” he had tweeted.
While the company is yet to disclose the pricing and specifications of its e-scooter, Ola has stated that it is working on setting up a ‘Hypercharger Network’ to include one lakh charging points across 400 cities.