Ajay Seth,chairman,IRDAI Seth asked the insurers to strengthen and...
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Finance Ministry urges employees to opt for UPS before Sept 30 deadline
Around 31,555 central government employees had opted for the UPS...
RBI forms committee for periodic review of regulations
The review body will be advised by a group of six industry experts,...
All procedure followed for share sale, says REL chairperson Rashmi Saluja
Rashmi Saluja,executive chairperson, Religare Enterprises Ltd Earlier this month, Burman Family, who are locked in a pitched battle with Religare Enterprises for the acquisition of the financial services firm, made fresh complaints against Saluja about insider trading...
Govt cracks down on SMS scammers; blacklists 8 principal entities found spewing fraud msgs
The Department of Telecom (DoT), in collaboration with the Ministry of Home Affairs (MHA), has taken decisive action to protect citizens from potential SMS fraud through the Sanchar Saathi initiative, it said NEW DELHI: In a major crackdown on SMS scammers, the...
Bima Vitarak Manthan: IBAI wants Bima Vahaks to join brokers as point of sales person
Debasish Panda,chairman, IRDAI At the recently concluded Bima Vitarak Manthan, Debasish Panda, chairman, IRDAI emphasized on creating an insurance ecosystem which is highly sensitive to the needs of the policyholders propelling towards “Zero Friction, Zero Pain-points...
3 PSU general insurers need Rs 94-102 billion capital infusion to meet solvency of 1.5, says ICRA
Neha Parikh, vice president and sector head – Financial Sector Ratings, ICRA, further said : “With higher growth, the market share of private insurers in terms of GDPI is likely to rise to 69% for FY2025 and 71% for FY2026 from 68% for FY2024. The health segment,...
Govt directs telecos to block incoming international spoofed calls
"DoT and Telecom Service Providers (TSPs) have devised a system to identify and block such international spoofed calls from reaching any Indian telecom subscriber. Now directions have been issued to the TSPs for blocking such incoming international spoofed calls," the...
Corporate affairs ministry fines Nadella, LinkedIn India, for violations of companies law
Satya Narayana Nadella, executive chairman and CEO, Microsoft In a 63-page order, the Registrar of Companies ((NCT of Delhi & Haryana) said that LinkedIn India and the individuals violated the Significant Beneficial Owner (SBO) norms under the Companies Act, 2013...
RCap administrator seeks 90-day extension from NCLT to implement resolution plan
The deadline for the implementation of the approved resolution plan was May 27, 2024. NEW DELHI: The administrator of debt-ridden Reliance Capital (RCap) has moved NCLT, seeking a 90-day extension beyond the deadline to implement the Rs 9,661 crore resolution plan...
Who undertakes film certification for OTT, social media platforms: HC asks Centre
The court has asked the Centre and Central Board of Film Certification (CBFC) to file a counter affidavit apprising it whether there is any other arrangement for OTT films or whether CBFC is authorised to give certificates to them too Lucknow: The Lucknow bench of the...
Govt to issue new guidelines to tackle unregistered telemarketers and for consumer protection: COAI
''The Committee is working to prepare draft guidelines under the Consumer Protection Act, 2019, to safeguard consumers from unwarranted commercial communications. We believe that these guidelines, once notified, will be helpful in addressing the menace of UCC...
New National Health Insurance will not stop private healthcare in South Africa: President Ramaphosa
Cyril Ramaphosa, President,South Africa “The NHI will be a lifeline for millions of poor South Africans whose resources will be freed up for other essential needs. It will also alleviate the burden on those who are increasingly paying more in medical aid premiums for...