by AIP Online Bureau | Sep 30, 2018 | Indian News, Intermediaries, Regulation
NEW DELHI: Insurance regulator IRDAI has allowed distribution of all micro-insurance products through point-of-sales (PoS), with an aim further increase insurance penetration in the country. The Insurance Regulatory and Development Authority of...
by AIP Online Bureau | Sep 30, 2018 | Indian News, Risk Management
Mumbai; India’s Infibeam Avenues Ltd. lost 71 percent of its market value on a single day after a WhatsApp message circulating among traders raised concerns about the online iPhone and iPad retailer’s accounting practices.Speculation mounted before...
by AIP Online Bureau | Sep 30, 2018 | Indian News
Mumbai: Overseas investors pulled out a massive Rs 210 billion ($3 billion) from the capital markets in September, making it the steepest outflow in four months, on widening current account deficit amid global trade tensions. The latest withdrawal...
by AIP Online Bureau | Sep 30, 2018 | Indian News, Risk Management
New Delhi: The government plans to put in place a stricter disclosure framework for independent directors, including providing details about their resignation from companies, as part of continuing efforts to bolster corporate governance standards. ...
by AIP Online Bureau | Sep 29, 2018 | Indian News
Mumbai: In a major breather to the crippled infra lender and engineering group IL&FS, its largest shareholders LIC and Orix Corp and also SBI Saturday announced they would subscribe to the proposed Rs 45 billion rights issue of the company. The announcement came...
