by AIP Online Bureau | Mar 31, 2018 | Indian News
Mumbai: New India Assurance (NIA), the largest general insurer in the country, has achieved a total global premium of Rs 26,000 crore, up 17 per cent during fy 2017-18. The general insurance multinational, having operations in 28 countries, had set...
by AIP Online Bureau | Mar 31, 2018 | Indian News, Policy
New Delhi: Several budget proposals including the reintroduction of the tax on long-term capital gains(LTCG) exceeding Rs 100,000 from the sale of shares will kick in from April 1, the beginning of the 2018-19 financial year. Besides, other tax proposals like...
by AIP Online Bureau | Mar 31, 2018 | Indian News, Regulation
Mumbai: For the first time, the insurance regulator IRDAI on Thursday has reduced third party motor premium rates on average between 10 per cent and 20 per cent for bikes, cars and taxis, effective April 1. IRDA, which had deregulated the pricing of...
by AIP Online Bureau | Mar 30, 2018 | Health, International News
Walmart is in talks to buy health insurer Humana, the Wall Street Journal reported. For Walmart, buying Humana would be another volley in its ongoing battle with online giant Amazon, which is reportedly considering selling prescription drugs. The Wall...
by AIP Online Bureau | Mar 30, 2018 | Data
MUMBAI: The domestic banking sector reported a total of 12,553 fraud cases worth Rs 18,170 crore in fiscal 2016-17, with state-run Bank of Maharashtra registering the highest number of such cases, says a report. While Bank of Maharashtra reported...
