by AIP Online Bureau | Jan 16, 2019 | Indian News, Intermediaries, Technology
Mumbai: Tech-based platform Turtlemint, fast emerging as a leader in the insurance distribution space, has closed a USD 25 mn funding round – led by Sequoia India, with participation from existing investors Nexus Venture Partners and Blume Ventures....
by AIP Online Bureau | Jan 16, 2019 | Eco/Invest/Demography, Indian News
New Delhi: IT major Infosys has been selected to implement the next generation system for processing income tax return filings, with the Union Cabinet sanctioning an estimated Rs 4,241.97 crore for the project. The move will help in bringing down the...
by AIP Online Bureau | Jan 16, 2019 | Eco/Invest/Demography, Indian News, Life, Non-Life, Pension & Social Security
New Delhi: With middle-class apathy on the rise, Finance Minister Arun Jaitley may double the income tax exemption threshold for the salaried from the present ₹250,000 to ₹500,000 while also reinstating tax-free status for medical expenses and transport...
by AIP Online Bureau | Jan 16, 2019 | Health, Indian News, Non-Life
Mumbai: Tata AIG General Insurance Company has introduced its new healthcare variant ‘MediCare’,a flexible and all-inclusive product offering life-long renewal benefit to its customers and offers a sum insured option of up to Rs 20 lacs...
by AIP Online Bureau | Jan 16, 2019 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
NEW YORK: In the wake of mega data breaches and privacy scandals, major IT outages and the introduction of tighter data protection rules in the European Union and other countries, cyber risk is now a core concern for businesses in 2019 and beyond. ...