In a letter to Finance Minister Nirmala Sitharaman, CTI chairman...
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French investigators order Tesla to stop ‘deceptive business practices’
Investigators at the finance ministry’s Competition, Consumer...
DGCA finds various defects in aviation ecosystem during surveillance at major airports
Among other defects, the regulator found that a simulator was not...
Govt to bring more products under mandatory quality norm: Goyal
''In future, more products will be brought under the Quality Control Order(QCO). I believe we will be covering 2,000-2,500 products. Our commitment to the quality will be so strong that every product/service available in India will be of higher quality'' Consumer...
GIFT City grants its first approval to Azim Premji’s family office to invest its capital overseas
Azim Premji, non-executive member of the board and founder chairman of Wipro Dozens of applications for family investment fund that allow families to make investments across various asset classes and instruments offshore, are still pending with GIFT City authorties,...
Devi Shetty’s Narayana Health Insurance receives license from IRDAI, becomes industry’s 6th health insurer
Dr. Devi Prasad Shetty, Cardiac Surgeon Narayana Health is one of India’s largest hospital groups with hospitals and heart centres across the country and an international hospital in the Cayman Islands. The group’s facilities provide advanced healthcare in over 30...
MS Amlin launches Financial Lines cover in Middle East
The Middle East’s financial landscape is rapidly evolving. With increasing M&A and IPO activity, and tighter regulatory requirements, businesses need specialised insurance solutions to navigate the complexities they face. DUBAI: MS Amlin, the Lloyd’s global...
Robust improvement in Gujarat’s public health infra in last two decades: govt data
Finance Minister Kanubhai Desai had also announced to double the insurance cover under the revamped Pradhan Mantri Jan Arogya Yojana-Mukhyamantri Amrutam (PMJAY-MA) scheme from Rs 5 lakh to Rs 10 lakh in the state budget presented last February Ahmedabad: Gujarat...
Deepfakes deceive voters from India to Indonesia before elections
Countries including India, Indonesia and Bangladesh have recently passed laws to more closely police online content and penalise social media sites for content deemed misinformation, so platforms are "holding their punches", said Raman Jit Singh Chima, Asia policy...
SC stays MoEF’s office memorandum on ex post facto environmental clearance
Senior advocate Gopal Sankaranarayanan, appearing for Vanashakti, submitted that environmental impact assessment mandates prior approval before the commencement of any activity and allowing ex post facto environmental clearance was anathema to the Environment...
LIC gets GST demand notice of Rs 116 crore
The demand for Telangana came a day after LIC on Monday received a similar notice demanding about Rs 806 crore for short payment of GST for 2017-18 along with interest and penalty for Maharashtra Mumbai: Life Insurance Corporation of India (LIC) on Tuesday said tax...
LIC receives GST notice for Rs 806 crore
LIC will file an appeal before the Commissioner (Appeals), Mumbai, against the said order within the prescribed timeline. The total includes GST worth Rs 365.02 crore, penalty of Rs 404.7 crore and interest of Rs 36.5 crore New Delhi: The Life Insurance Corporation of...
FPIs inject Rs 1.7 trn into Indian equities in 2023, uptick in flows in Dec
The year 2023 has witnessed massive investment by FPIs, thanks to the sharp uptick in inflows of Rs 66,134 crore in December. Going forward, FPI flows are expected to be robust. However, their allocation is likely to be selective, said Kislay Upadhyay - smallcase...