by AIP Online Bureau | Aug 28, 2018 | Indian News, Regulation
Hyderabad: As the Sep1 dead line for launching the long term motor policy, as earlier instructed by the Supreme Court, is fast approaching , the insurance regulator IRDAI has issued detailed guidelines and pricing for the new range of products on...
by AIP Online Bureau | Aug 28, 2018 | Indian News, Technology
New DelhI: With the right amount of industry and government participation, India could be in leadership ranks in adoption of blockchain technology in the next five years, says a survey by global consultancy firm PwC. A blockchain is a distributed ledger...
by AIP Online Bureau | Aug 28, 2018 | Indian News
Mumbai: IDBI Bank on Tuesday said Life Insurance Corporation (LIC) will buy 14.9 per cent equity stake in the bank, a move that would eventually lead to the acquisition of the majority stake in the state-owned lender. In August, the Union Cabinet had...
by AIP Online Bureau | Aug 28, 2018 | Indian News
Mumbai: Berkshire Hathaway Inc invested Rs 2500 crore ($356 million) in the Indian company behind digital payments firm Paytm, according to a source with direct knowledge of the deal, in a foray by the conglomerate into India and the financial payments...
by AIP Online Bureau | Aug 27, 2018 | Indian News
Mumbai: After taking over the IDBI Bank, the life insurance behemoth Life Insurance Corporation(LIC), with over Rs 30 trillion of assets and over 30 crore policies, has now set its eyes to develop itself as a `Global Financial Conglomerate’....