Debasish Panda, chairman,IRDAI Distribution reforms in the pipeline...
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IFSCA cancels license of Prowess Insurance Brokers
GIFT City based the IFSCA has cancelled the license granted to...
Sebi rejects Digvijay Gaekwad’s plea for competing open offer in Religare deal
With this ruling, the Burman Group's open offer process remains on...
Sebi constitutes advisory panel on ESG-related matters
The terms of reference of the committee include enhancements in business responsibility and sustainability report, ESG ratings and ESG investing Mumbai: The committee will be headed by HDFC Mutual Fund Navneet Munot, the Securities and Exchange Board of India (Sebi)...
DGCA warns of strict action, penalty against airlines wrongly denying boarding to passengers
"It has come to the notice of this office that various airlines are denying boarding to passengers holding confirmed tickets on a flight, although they have presented themselves for boarding within the time specified by the airline. This practice is extremely unfair...
Apple hit with EU antitrust charge over mobile payments technology
"We have indications that Apple restricted third-party access to key technology necessary to develop rival mobile wallet solutions on Apple's devices," EU antitrust chief Margrethe Vestager said in a statement BRUSSELS: Apple faces a possible hefty fine and may have...
DGCA starts multidisciplinary probe on SpiceJet Flight turbulence
A total of 15 people, 12 passengers and three cabin crew members, were injured in this flight due to severe turbulence, said officials of the Directorate General of Civil Aviation (DGCA) New Delhi: Aviation regulator DGCA on Monday said it has instituted a...
WHO calls for end to ‘insidious’ online marketing of baby formula
The study found companies are paying social media platforms and influencers to gain direct access to pregnant women and mothers at some of the most vulnerable moments in their lives, through personalized content that is often not recognizable as advertising. The $55...
IRDA raises investment limit of insurers in financial sector companies to 30% from 25%
`The new higher limit will allow insurers to invest larger amount of money in safe instruments of other financial sector companies including insurance companies and improve their returns,'' said industry sources Hyderabad: In a bid to boost investment income for...
Irdai proposes to standardise administration of group health insurance products
''All risk factors per unit of coverage such as individual, family, group floater, etc, should be separately analysed and priced,'' it said. Further, pricing should be based on sound actuarial principles, supporting data considering all the relevant aspects of pricing...
Britain proposes post-Brexit changes to insurer capital rules
Britain inherited the so-called Solvency II rules from the European Union, and reforming them is seen by industry and government as a key reform after Brexit to keep the financial sector globally competitive London: Britain launched on Thursday a public consultation...
IP protection: India among most challenging economies, says USTR
While India made meaningful progress to promote IP protection and enforcement in some areas over the past year, it failed to resolve recent and long-standing challenges and it created new concerns for right holders, the report by US Trade Representative said...
Boeing shares sink on fresh 777X setbacks, array of charges
"We are concerned that this delay (in 777X delivery) may allow airlines to cancel without penalty," Citi Research analyst Charles Armitage said. Reuters reported last month that the Federal Aviation Administration had warned Boeing that existing certification...