The 2025 Global Modeled Catastrophe Losses Report notes a $32...
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Tribunal awards Rs 33.77 lakh compensation to kin of man killed in accident
The MSRTC contested the claim, arguing that Pal was riding rashly...
UII challenges NCDRC’s order in SC on settling Rajasthan Royals’s Rs 82 lakh due to Sreesanth’s injury
UII had rejected the claims saying Sreesanth had a pre-existing...
Hundreds of containers ablaze at Turkey’s Iskenderun port, operations shut down
Turkey’s maritime authority said on Monday that the port, located on the Mediterranean coast in the southern province of Hatay, was damaged due to the earthquake that struck Turkey and neighboring Syria Leading global container shipping group AP Moller Maersk said...
FSIB selects 3 GMDs for PSU general insurance cos
The general managers who have been chosen as directors are G Sundaraman from United India Insurance {UII} for the same company, Smita Srivastava, Oriental Insurance Company for New India Assurance and Titus Francis Maliakkel,, NIA for the same company New Delhi: The ...
Digit postpones its IPO, to refile DRHP with Sebi in due course
In a statement, Digit insurance said the DRHP (Draft Red Herring Prospectus) has been returned in terms of Sebi's ICDR (Issuance of Capital and Disclosure Requirements) rules, which exempts rights granted under employee stock option plans to subsist at the time of...
Edelweiss General Insurance rebrands itself as Zuno General Insurance
Shanai Ghosh, MD & CEO, Zuno General Insurance, said, “Telematics is a silver lining for motor insurance industry in India. It allows us to offer personalized solutions and experience to our customers. Given the exponential growth of smartphone users in the...
RCap resolution: NCLAT issues notices to Torrent Investments, others
On February 2, the Mumbai bench of National Company Law Tribunal (NCLT) had ruled against holding a fresh round of auction for the takeover of Anil Ambani-promoted Reliance Capital (RCap) and said the challenge mechanism for financial bids has already concluded....
Hackers who breached ION say ransom paid; company declines comment
The ransomware outbreak that erupted at ION on Tuesday has disrupted trading and clearing of exchange-traded financial derivatives, causing problems for scores of brokers, sources familiar with the matter told Reuters this week. The hackers who claimed responsibility...
Budget-2023-24:Beyond tax-saving-driven insurance sales
Bhargav Dasgupta – MD & CEO, ICICI Lombard For a sector such as general insurance, where the industry has sought tax support for increased spend on home insurance or health, there is a message that they will have to strive for growth beyond tax-saving-driven...
7.8 magnitude quake knocks down buildings in central Turkey
Several buildings tumbled down in the neighboring provinces of Malatya, Diyarbakir and Malatya, HaberTurk television reported. There was no immediate reports on casualties The earthquake was also felt in Lebanon and Syria ANKARA: A 7.8 magnitude earthquake shock...
Maha: Village panchayat promises Rs 10 lakh accident insurance coverage to residents if they pay local tax
Panchincholi sarpanch (village head) Geetanjali Hanumante presided over the meeting, where her predecessor Shrikant Salunkhe proposed a resolution that personal accident insurance cover of Rs 10 lakh will be provided to the villagers on 100 percent payment of the...
50 govt websites hacked, 8 data breaches in 2022-23 alone: IT Minister informs Rajya Sabha
" There have been attempts from time to time to launch cyber-attacks on Indian cyberspace from both outside and within the country. It has been observed that such attacks compromised computer systems located in different parts of the world and use masquerading...