Packing winds of 215 kph (134 mph) and gusts of up to 295 kph (160...
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Domestic investors buy record Rs 5.3 lakh crore worth equities in 2025 to date, Insurers and pension funds add more than Rs 1 lakh crore
Foreign institutional investors (FIIs) remained net sellers,...
‘GST bachat utsav’: Taxes on wide range of goods, services to be reduced starting Monday
Underlining that the mantra of ‘Nagarik Devobhava’ is clearly...
‘Climate washing’ lawsuits jump as more activists challenge corporate claims, report shows
“One of the most significant groups of climate-washing cases to emerge in recent years have been cases challenging the truthfulness of corporate climate commitments, particularly where these are not backed up by adequate plans and policies,” the report authors, Joana...
IRDAI puts a 15-yr tenure cap for a pvt sector insurer’s CEO & WD, Rs 20 lakh annual pay cap for independent directors
IRDAI has fixed the maximum age limit for non-executive directors including the chairperson of the board at 75 years and after attaining the age of 75 years no person shall continue on the board of the insurer Hyderabad: Insurance regulator IRDAI on Friday said the...
ICICI Lombard General targets reduction of CR by 200 bps to 102.5 % by FY 2025: Dasgupta
Bhargav Dasgupta, MD & CEO, ICICI Lombard General Insurance `As part of a highly competitive market, where change is being driven constantly by digital players like Fintechs and Insurtechs, we believe that continuous reimagination of its technology and business...
Insurtech: Tougher funding environment, but represents a massive $7 trillion opportunity
Insurance is still a strongly underfunded market, especially in areas such as life insurance. Operational efficiency is now a must for insurtechs and insurers. Insurtech startups are enabling operational efficiency through the whole value chain Insurtech has also...
Maha: HDFC Ergo General Insurance appointed to implement Centre’s crop insurance scheme in Akola
Earlier, Collector Nima Arora had recommended to the state government to blacklist ICICI Lombard in the district after a case was registered against 10 representatives of the company on March 21 at Khadan police station in Akola Akola: The administration has appointed...
Reliance Cap lenders vote in favour of Hinduja Group firm
However, according to sources, any decision on the resolution of Reliance Capital by the CoC will be subject to the outcome of the SC's judgement in the appeal filed by Torrent Investments. The resolution process of Reliance Capital was mired into litigation after the...
Businesses criticize new EU data rules, consumer group sees missed opportunity
DIGITALEUROPE, whose members include Airbus, U.S. tech giants such as Amazon and Google, GFK, Nokia, Qualcomm, Philips, SAP, Siemens and Sony, said the data agreement fell short of businesses’ expectations “The Data Act will place European industry at a disadvantage...
IRDAI alerts against fraud company `Bhartiya Cooperative General Insurance Limited’
The general public are hereby advised not to undertake any transaction related to insurance business with “Bhartiya Cooperative General Insurance Limited”((www.bharatinsurance.org), said the IRDAI Hyderabad: The IRDAI has brought to general notice that no registration...
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...