by AIP Online Bureau | Mar 5, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation
NEW DELHI: The government on Thursday placed troubled private lender Yes Bank under a moratorium till April 3, superseding its board of directors and limiting withdrawals to 50,000 rupees ($680) during the period. In a statement, India’s...
by AIP Online Bureau | Mar 5, 2020 | Eco/Invest/Demography, Indian News, Non-Life
Hyderabad: Come Apr 1,the owners of trucks, cars and two wheelers should get ready to payi higher premiums, in the range of 10 per cent to 15 per cent,for buying the mandatory third party motor insurance policies The insurance regulator...
by AIP Online Bureau | Mar 5, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
Mumbai: Bloomberg News has reported that the government has approved a plan for State Bank of India(SBI) to lead a consortium including Life Insurance Corporation(LIC)that will buy a stake to rescue the capital-starved Yes Bank. As per reports, SBI...
by AIP Online Bureau | Mar 4, 2020 | Eco/Invest/Demography, Facts
New Delhi: Companies operating in India are likely to give an average salary hike of 7.8 per cent to their employees for the financial year 2020-21, according to a survey by Deloitte India. The lower salary increment, as compared to the preceding year,...
by AIP Online Bureau | Mar 4, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
New Delhi The government on Wednesday cleared more amendments to the companies law, including decriminalising various offences. As many as 72 changes to the Companies Act 2013 have been approved by the Cabinet. Briefing reporters, Corporate Affairs...
