Kumar Mangalam Birla, chairman,Aditya Birla Group ``Our Health...
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IBISA launches climate cover for protecting Indian dairy industry from heat waves
In response to the significant decline in milk yield, estimated at...
Markel appoints Priyanka Gautama as chief underwriting officer for India
Priyanka Gautama, chief underwriting officer, Markel, India...
LIC launches new Annuity Plan
he policyholders have an option to choose a type of annuity from 10 available options on payment of a lump sum amount.
The annuity rates are guaranteed at the inception of the policy and annuities are payable throughout the life time of annuitants.
412 infra projects show cost overruns of Rs 4.11 lakh crore
“Total original cost of implementation of the 1,683 projects was Rs 20,65,336.20 crore and their anticipated completion cost is likely to be Rs 24,77,167.67 crore, which reflects overall cost overruns of Rs 4,11,831.47 crore (19.94 per cent of original cost),” the ministry”s latest report for June 2020 said.
Covishield vaccine to be sold only after successful trial: Serum Institute
SII issued this clarification after reports in the media began appearing which claimed that Covishield- Oxford University’s vaccine candidate, will be commercialised in a little over two months.
The phase three trials for the Oxford vaccine candidate are being conducted by SII in India.
Serum Institute of India clarifies that the current claims over Covishield’s availability, in the media are completely false and conjectural. Presently, the government has granted us permission to only manufacture the vaccine and stockpile it for future use,” SII said.
COVID-19 led to revival of technology, expertise: Infosys co- founder Nandan Nilekani
“Technology is now becoming central to our world. When you look at this crisis, two things stand out: one is digital technology, and the fact that we are able to at least continue many of the things that we do, thanks to the tools like video conferencing, digitisation, e-commerce, and other online tools.And a large number of us are able to do this and work from home,” he said.
Aditya Birla Sun Life open to consolidation due to Covid-19 disruptions: MD
Under the current scenario, it was very difficult to have a short or long-term view about the business, he said adding ABSLI would continue to have a healthy mix of products with a focus on protection and guaranteed solutions.
In certain pockets, owing to liquidity issues, delay in payments have been observed but no negativity in collection, he added.
Rao also said that death claims in the first quarter of the financial year have been on the lower side compared to the same period last year.
Customer and employee satisfaction can ensure sustainable value creation:IRDA chief
.M.R. Kumar,chairman,Life Insurance Corporation(LIC), said that the corporate governance is the nucleus of all the functions of any organization and
LIC has protected the stakeholder’s interest sine its inception.
Govt to hire Deloitte, SBI Capital Markets to help LIC prepare for IPO
The advisers will help evaluate the capital structure of India’s biggest insurer as well as aid the company in reworking its financial statement, according to a tender document issued in June.The government will soon invite bids seeking firms to value LIC,
COVID-19: India records highest single-day spike of 69,874 cases; tally rises to 29,75,701
The COVID-19 case fatality rate has declined to 1.87 per cent, it said.
There are 6,97,330 active cases of coronavirus infection in the country which comprises 23.43 per cent of the total caseload, the data stated.
India”s COVID-19 caseload races past 30 lakh
According to health ministry data, of the 945 fresh deaths, 339 are from Maharashtra, 101 from Tamil Nadu, 93 from Karnataka, 91 from Andhra Pradesh, 64 from Uttar Pradesh, 55 from West Bengal, 34 from Punjab, 15 from Jammu and Kashmir, 14 each from Gujarat and Madhya Pradesh, 13 from Delhi, 12 each from Kerala, Chhattisgarh and Rajasthan and 11 from Jharkhand.
Buoyant Indian stock markets to correct: RBI governor
“There is so much liquidity in the system, in the global economy, that’s why the stock market is very buoyant and it is definitely disconnected with the real economy,” Reserve Bank of India (RBI) Governor Shaktikanta Das said