A transaction could value SBI General Insurance at as much as $4.5...
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SBI to deepen employees’ financial understanding; to have bi-weekly yoga sessions for all
"This strategic initiative aims to enhance the depth, quality, and...
Insurance and vessels not available for Iran-bound cargo amid Middle East conflict, India’s basmati rice shipments to Iran stuck at ports
The shipments are primarily held up at Kandla and Mundra ports in...
Govt gears up for amending Insurance Acts to overhaul sector, may go through in Budget Session
On Wednesday, the department of financial services, through an office memorandum has asked for public comments on the proposed amendments by December 15 The proposed amendments primarily focus on enhancing the financial security of the policy holders, promoting policy...
COC rejects all bids for Reliance Capital, decides liquidation: sources
The option 1 bidders are Hinduja, Torrent, Oaktree, Cosmea Financial and Piramal consortium, and UAVRCL. Out of these five bidders, UVARCL has bid on a fee basis, which means that it has not submitted any resolution plan for RCAP. It will further sell RCAP assets and...
Honda Cars ties up with Maruti Suzuki Toyotsu for vehicle scrapping
"The Vehicle Scrappage Policy by Government of India stipulates scrappage and deregistration of old vehicles to promote phasing out of unfit vehicles from the roads, improve safety and lowering of carbon footprint in India," Honda Cars India President & CEO Takuya...
Meghalaya cabinet nod for mental health policy
It also aims to promote overall mental health and wellbeing and facilitate appropriate access and care pathways for common and severe mental health concerns, with focus on person-centred care. Shillong: The Meghalaya cabinet has approved a policy aimed at addressing...
AGCS to boost Alternative Risk Transfer team
With a realigned risk appetite and underwriting strategy, ART will target growth opportunities in two major areas: first, captive solutions including captive fronting, and second in the area of structured solutions, which are multi-year, multi-line coverages,...
YES BANK partners with Turtlefin
Mumbai: TurtleFin, an insurtech platform, has partnered with YES BANK, to sell insurance products to bank's customer through its technology platform – EasyNsure.The platform is already live with over 40 life and general insurance plans being readily available for...
India’s GIFT City aims to take On financial hubs in Singapore and Dubai
Modi’s government has offered an array of incentives, including a 100% tax holiday for a decade to businesses that set up within the hub’s International Financial Services Center, or IFSC. Rules are being tweaked to encourage Indian companies to lease ships and...
Activists aggravate art insurers’ climate headache
“At the moment it’s just climate change activists, who are mainly middle-class liberals and are not really intending to damage the work,” said Robert Read, head of art and private client at insurer Hiscox. “What we worry about is if it spreads to other protest groups...
Over 75 per cent Indians with hypertension have uncontrolled BP: Lancet study
''Hypertension is a significant contributor to mortality in India. Achieving better hypertension control rate at the population level is critical in reducing cardiovascular morbidity and mortality,'' the authors said New Delhi: Less than one-fourth of hypertensive...
Maha: Excessive rainfall-affected farmers upset over getting paltry amounts as crop insurance
The state government data also revealed that out of 1.03 lakh farmers who submitted their claims for crop damage due to excess showers in Ahmednagar, only 20,226 claims have been approved so far and Rs 9.78 crore has been disbursed. Mumbai: A number of farmers in...