"Despite outflows continuing to be an issue for foreign investors,...
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JSW MG Motor India announces an industry-first extended assured buy back program for its EVs
“With our industry-first MG Value Promise Program (Assured...
India poised to become 3rd-largest economy with GDP of $7.3 trillion by 2030:Govt
“India is among the world’s fastest-growing major economies and is...
Former Kia India workers, scrap dealers face probe over theft of 1,008 engines
An initial police investigation found two former Kia India factory workers - a team leader and a head of section in the engine dispatch section - were involved in illegally transporting the engines from the factory using forged invoices and manipulated gate passes,...
AIC pays Rs7,057 crore of claims to over 1.12 crore farmers in FY25: Chairperson
Lavanya R. Mundayur, CMD, Agriculture Insurance Company Crop insurance isn't just a business—it's a developmental tool for the entire rural ecosystem. It demands long-term commitment, timely claim settlement, use of technology for risk management, and a deep...
COVID-19: Active cases cross 4,000 mark, 5 fresh deaths reported in last 24 hours
Director General of Indian Council of Medical Research (ICMR) Dr Rajiv Behl on Monday stated that genome sequencing of samples in West and South have shown that the variants leading to the current rise in cases are not severe and are sub variants of Omicron only. New...
RBI considers easing bank ownership rules as foreign interest grows
Banking remains one of the most guarded sectors of the Indian economy. While foreigners including portfolio investors can own up to 74%, regulations limit a strategic foreign investor's stake to 15%. MUMBAI: The Indian banking regulator is signalling possible rule...
IATA has no concerns with India’s aviation safety and infrastructure readiness
Nick Careen, Senior Vice President,IATA "Specific to the Indian market, we don't have any real concerns…We have not seen any major problems or any major concerns'' New Delhi: Nick Careen, IATA's Senior Vice President, Operations, Safety and Security, on Tuesday...
Northeast flood situation critical toll rises to 36 over 5.5 lakh affected
In Assam, more than 5.35 lakh people were affected by the deluge in 22 districts as the death toll increased by one to reach 11, while 15 rivers were flowing in a spate.In the current wave of floods and landslides across the northeastern region, Assam reported the...
True North, Krishnan Ramachandran sell 10 pc stake in Niva Bupa Health for Rs 1,507 cr
DSP Mutual Fund acquired more than 4.96 crore shares in four tranches or 2.72 per cent stake in Niva Bupa Health Insurance, and SBI Mutual Fund picked up 1.51 crore shares or 0.83 per cent stake in the health insurer Mumbai: Private equity firm True North and Niva...
Pant and Patnaik take charge as new LIC MDs, FSIB to interview 4 MDs to select a new CEO soon
The MDs who will be appearing for the FSIB interview are-Sat Pal Bhanoo, Ramachandran Doraiswamy, Dinesh Pant and Ratnakar Patnaik Mumbai: Two of executive directors of Life Insurance Corporation, Ratnakar Patnaik and Dinesh Pant have taken over as managing directors...
Govt clears appointment of Sanjay Joshi as CMD of Oriental Insurance
Sanjay Joshi, CMD-designate, Oriental Insurance Company Joshi, who will get a tenure till 31 Aug,2027, will take over his new charge on Tuesday New Delhi: The government on Monday has cleared the appointment of Sanjay Joshi,57, general manager, United India Insurance,...
‘Next Covid pandemic far from over’: Delhi HC seeks details on sample collection
"Considering that the next Covid pandemic is far from over and in fact, active, amongst the community, today, as per news reports, the vacuum, if any, of steps taken post the meeting of May 30, 2023, is a serious issue," the judge said According to the Ministry of...