Battery, making up about 60% of an EV’s total cost often doesn’t...
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Risk-Based Capital: Rewarding Indian insurers
The adoption of Risk-Based Capital (RBC) rules by the Indian...
From hotel cancellation to loss of baggage, Ahmedabad air crash victims opted for array of retail insurance
The incident has triggered retail claims under various insurance...
Indeerjit Singh assumes charge as SG, GI Council
Indeerjit Singh, Secretary General, General Insurance Council Mumbai; Indeerjit Singh,59,director and general manager, GIC Re, on Tuesday has assumed the charge of secretary general of General Insurance Council(GI Council), the official self regulatory...
Lohum and ACKO partner to recycle and reuse batteries covered under EV extended battery warranty insurance
The exclusive partnership is a significant milestone for the EV industry, as it marks the first time of an association for EV battery insurance in the country to include provisions for reusing and recycling of the batteries Bengaluru: Lohum, India's largest producer...
Tata AIG appoints Anjani Kumar as CTO
Tata AIG General Insurance has appointed Anjani Kumar as chief technology officer (CTO). With over 24 years of experience in digital business transformation and technology spectrum across diversified industries such as IT consulting, logistics, pharma, automobile and...
IndusInd International Holding receives Rs 50,000 cr financial offers from overseas lenders for Reliance Capital acquisition
IIHL is offering Rs 10,000 crore for Reliance Capital, while the liquidation value (LV) and fair value (FV) of the company are pegged at Rs 13,000 crore and Rs 17,000 crore respectively Mumbai: The Hinduja Group arm, IndusInd International Holding Ltd. (IIHL), which...
Oil tanker seized by Iran had Indian crew, says operator
The seizure underscores continued tensions in a vital corridor for oil tankers. Hundreds sail through the Gulf of Oman each month, on their way to and from the Persian Gulf and some of the world’s biggest oil-exporting nations such as Saudi Arabia, Iraq and Kuwait...
India emerging as key aviation market: IATA report
With a rapidly growing middle class and rising incomes, together with the right encouragement including lower airfares, many, including airline companies, are expecting India to become the fastest-growing aviation market for years to come Why India is fast emerging as...
Executive bonuses in crosshairs under new EU ESG rules
C-suite managers at companies with more than 1,000 employees will be held personally responsible if trajectories for emissions cuts don’t align with the objective of limiting global warming to 1.5C, according to the current text of the Corporate Sustainability Due...
Jio Financial Services plans IPO in Oct
Jio Financial Services along with host of various financial services companies will also float one life insurance and one general insurance company Mumbai: Reliance Industries Ltd. is planning to list its digital financial services unit,Jio Financial Services, as soon...
Vulnerability of agriculture to monsoon shock has reduced: India Ratings
"A glance at the region-wise correlation for the entire period during FY97-FY21 or any truncated period in between suggests that south peninsular India is more vulnerable to a shortfall in monsoon rains than any other region in terms of both - the area sown and the...
Star Health Insurance earns profit of Rs 102 cr in Q4
“Retail health insurance will remain our primary focus for the years ahead'' Anand Roy, chief executive officer and managing director Chennai: Star Health and Allied Insurance on Friday reported Rs 102 crore net profit for the fourth quarter ended March 2023. The...