by AIP Online Bureau | Aug 28, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
FPIs had turned net buyers for the first time in July, after nine straight months of massive net outflows, which started in October last year. Between October 2021 and June 2022, they sold a massive Rs 2.46 lakh crore in the India equity markets. Himanshu Srivastava,...
by AIP Online Bureau | Aug 28, 2022 | Banking & Bancassurance, Indian News, Life
”The bank currently holds about 13 per cent and we are hopeful that over the next 2-3 quarters they would be able to take it to 20 per cent,” Tripathy New Delhi: Axis Bank is likely to raise its stake in Max Life Insurance to about 20 per cent over the...
by AIP Online Bureau | Aug 28, 2022 | Health, Indian News, Life, Regulation
The life sector players such as LIC, private players like ICICI Prudential Life, HDFC Life, and Bajaj Allianz Life, among others, are unanimous in saying that all of them were offering health insurance before the sectoral regulator Irdai in 2016 abruptly asked them to...
by AIP Online Bureau | Aug 28, 2022 | Indian News, Non-Life
Asked about the demolition cost, Arora said Supertech is paying Rs 17.5 crore to Edifice Engineering, which was tasked with safely pulling down the structures, including the premium amount for a Rs 100-crore insurance cover. In addition, there are several other costs...
by AIP Online Bureau | Aug 28, 2022 | Indian News, Non-Life, Technology
The dominant targets are still five key industries: education, municipalities, healthcare, infrastructure and finance. Researchers also saw a spike in the number of service providers that have been hit with a ransomware attack Ransomware attackers remain defiant and...
