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Govt yet to choose PSU general insurers to be privatised: Karad

Govt yet to choose PSU general insurers to be privatised: Karad

by AIP Online Bureau | Mar 21, 2022 | Indian News, Non-Life, Policy

Bhagwat Karad, minister of state, ministry of finance As per inputs received from Department of investment and Public Asset Management(DIPAM), the government has not yet decided on the public sector general insurance companies that are to be privatised The government...
Berkshire Hathaway to buy Alleghany for $11.6 bn in return to dealmaking

Berkshire Hathaway to buy Alleghany for $11.6 bn in return to dealmaking

by AIP Online Bureau | Mar 21, 2022 | International News, Non-Life, Reinsurance

Warren Buffett, chairman, Berkshire Hathaway Inc Buffett is diving deeper into the world of insurance with the Alleghany deal, an industry that has been key to the growth of Berkshire into a conglomerate with a market value of more than $750 billion With Alleghany,...
Airbus in touch with Tata for providing new aircraft for Air India

Airbus in touch with Tata for providing new aircraft for Air India

by AIP Online Bureau | Mar 21, 2022 | Eco/Invest/Demography, Indian News, Non-Life

According to Airbus India President Remi Maillard said: “We are in talks with all airlines.” , India is set to witness a massive growth in outbound passenger traffic As per estimates, India is expected to witness growth of 6.2 per cent in international air...

Govt considers widening Covid booster shots to all adults in India: Report

by AIP Online Bureau | Mar 21, 2022 | Health, Indian News, Pandemic

The government is debating whether to provide boosters to other groups for free, said one of the sources, who both sought anonymity as the government has yet to make a decision. A health ministry spokesperson did not immediately respond to a request for comment New...
LIC IPO: Govt files updated draft papers with Q3 financials

LIC IPO: Govt files updated draft papers with Q3 financials

by AIP Online Bureau | Mar 21, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy

As per the updated financials, the Life Insurance Corporation reported a net profit of Rs 235 crore in the October-December quarter. The net profit in April-December, 2021, increased to Rs 1,671.57 crore from Rs 7.08 crore a year ago Mumbai: The government has filed...
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