At present, 96 per cent corrections are being done without any EPF...
Category:
Regulation
Latest
Allianz exits 2 Bajaj insurance JVs by selling its 26 % for Rs 24,180 crore, to set up new Indian insurance companies
Allianz, which had invested just Rs 174 crore in both the JVs way...
Avoid calling customers repeatedly to submit KYC docs Malhotra
Other areas where the banks need to focus on from a customer...
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...
IRDAI promotes S.N. Jayasimhan as CGM
In line with the Telangana High Court's order but with delay, the Insurance Regulatory and Development Authority of India (IRDAI) has promoted S.N. Jayasimhan as the Chief General Manager (CGM). As per the IRDAI order, Jayasimhan has been promoted to the grade of CGM...