Judge R V Mohite on Friday directed Reliance General Insurance Co....
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Howden to acquire Gravitas, to accelerate global Sport & Entertainment capabilities
This announcement follows Howden’s other recent Sport &...
Radian to acquire Inigo for $1.7 billion, to become a global multi-line specialty insurer
The company’s expansion into the Lloyd’s global specialty market...
Scratched EV battery? Your insurer may have to scrap the entire car
Battery packs can cost tens of thousands of dollars and account for up to 50% of an electric vehicle’s price, often making them uneconomical to replace. “We’re buying electric cars for sustainability reasons,” said Matthew Avery, research director at Thatcham...
Adani group suspends work on ₹ 34,900 cr petrochemical project in Gujarat
Gautam Adani, chairman, Adani Group The group has shot off mails to vendors and suppliers to "suspend all activities" on immediate basis. the group has asked them to “suspend all activities of the scope of work and performance of all obligations” for Mundra Petrochem...
Sebi takes stricter approach in IPO clearance; returns draft paper of 6 cos including Digit
''After the IPO fiasco following the listing of new age digital companies like PB Fintech , (the company behind the digital brand Policybazaar),Paytm, Zomato and Nykaa in which investors lost heavily, Sebi has tightened the approval norms for IPOs. This is welcome and...
Strong earthquake of 6.8 magnitude kills at least 13 in Ecuador, 1 in Peru
The U.S. Geological Survey reported an earthquake with a magnitude of about 6.8 that was centred just off the Pacific Coast, about 50 miles (80 kilometres) south of Guayaquil, Ecuador's second-largest city. One of the victims died in Peru, while 13 others died in...
Small oil tankers emerge to help Russia beat sanctions
The cost to use fuel tankers has skyrocketed since the EU ban, as ships enter the dark fleet and become unavailable — and uninsured by European maritime service providers — for regular trade routes, such as moving gasoline from Europe to New York. First, a small...
DDMA discusses preparedness for earthquake, prevailing H3N2 Flu situation
The Delhi Lt. Governor asked for retrofitting of all schools, hospitals, police stations, other critical government offices and vulnerable buildings especially in the 'Special Area' and old Delhi localities, according to the Earthquake Resilient Building Code. New...
RR Singh appointed as CMD of OIC
Rashmi Raman Singh, CMD,OIC Singh, a direct recruit officer belonging to 1987 batch of OIC, will be retiring in Feb 2025 New Delhi: Rashmi Raman Singh,58, general manger & director, Oriental Insurance Company(OIC), has been appointed as the CMD of the company...
MACT awards Rs 13.18 lakh compensation of man killed in motorcycle accident
MACT member M M Walimohammed ordered the driver of the errant vehicle and the insurance company Bajaj Allianz Insurance Co Ltd to jointly and severally pay the compensation to the claimants along with 8 per cent per annum interest from the date of filing of the claim...
ACKO acquires digital health platform in maternity & child health space
The platform, combined with ACKO's core insurance offering, will deliver personalised content and services to enable better healthcare choices, informed decisions, and improved outcomes Bengaluru: ACKO on Thursday has acquired Parentlane, a digital health platform in...
HDFC ERGO General launches ‘Vidyaavriksh’ learning academy
HDFC ERGO General Insurance Company launcheed 'Vidyaavriksh' learning academy, to enhance the skills of the young workforce. This academy will focus on specialised courses and function-specific training pathways under seven distinct academies namely Leadership...