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Ambanis to infuse Rs 16K cr in Jio Financial Services to take on rivals
Mukesh Ambani, chairman, Reliance Industries Currently, JFS, which...
Air India’s Ahmedabad Crash:Re/insurers clear $125 million claims for AI’s Hull and engines
Indian reinsurer GIC Re had said Air India's Ahmedabad crash claim...
Maha govt’s flagship health insurance scheme to cover state’s entire 12.5 cr population: CM
Eknath Shinde,Chief Minister,Maharashtra The premium of the Mahatma Jyotirao Phule Jan Arogya Yojana (MPJAY) has been increased from Rs 1.5 lakh to Rs 5 lakh, said Chief Minister Eknath Shinde This health scheme provides end-to-end cashless services for identified...
Combo Product: ICICI’s 2 insurance ventures jointly launch life and health cover
Sanjeev Mantri, executive director, ICICI Lombard General Insurance The health insurance component covers expenses related to hospitalisation, day-care treatments, pre and post hospitalisation, and homecare treatment, to name just a few On the other hand, the life...
Safety features top concern for buyers while purchasing car: Survey
As per the findings, car’s crash rating was the top driver of customer car purchase decision with an importance score of 22.3 per cent followed by number of airbags with a score of 21.6 per cent When it comes to crash rating for cars, maximum customer preference of...
Howden appoints Rowan Douglas as CEO, Climate Risk and Resilience
Rowan Douglas as CEO, Climate Risk & Resilience Howden’s climate and resilience capabilities will span physical risks, the risks associated with de-carbonisation, the wider risks stemming from the low carbon transition and growing legal liability risks faced by...
India produces 2.7 cr vehicles, valued at $108-bn in FY23: Report
In the total 2.7 lakh crore vehicles churned out last fiscal, the commercial vehicle segment, which includes small 4-wheel carrier with less than 2-ton capacity to large tractor trailers and specialty vehicles like tippers, share stood at 10-lakh vehicles Production...
‘Long COVID’ may obstruct return to normal life for 36 million Europeans: WHO
Over the first three years of the global health emergency, 36 million people across the region may have experienced “long COVID”, a complex condition that scientists still know very little about, according to data from WHO’s partner, the Institute for Health Metrics...
Odisha train tragedies: Only 22 claims under IRCTC insurance
The IRDAI said two claims have been settled for Rs.2.25 lakh and the remaining 20 claims have to be settled. The total amount claimed was Rs. 60.52 lakh and after the settling two claims Rs.58.27 lakh remain to be settled Chennai: A total of 22 claims for disability...
Heat Wave: Rising fatalities just a foretaste of what is to come
McKinsey Global Institute estimates that the lost labor from work in areas exposed to extreme heat, such as construction and agriculture, could put at risk up to 4.5% of India’s GDP by 2030 “Many places that need to have local heat action plans do not have one,” said...
Merger of HDFC with HDFC Bank effective from July 1: Deepak Parekh
The merger of the corporation with HDFC Bank will be effective July 1, Parekh said.HDFC vice-chairman and CEO Keki Mistry said that the stock delisting of the corporation will be effective from July 13 Earlier, IRDAI had approved HDFC Ltd's move to transfer its near...
IRDAI set to implement 1st phase of ‘Risk Based Supervision’ pilots from July
With a view to promote a ‘Principle based Regulatory regime’, foster ease of doing business and encourage proactive risk identification and management, the IRDAI has been working towards developing and implementing (RBS)framework for insurance sector in India, said...