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Reliance shareholders, creditors approve demerger of financial services arm

Reliance shareholders, creditors approve demerger of financial services arm

by AIP Online Bureau | May 4, 2023 | Health, Indian News, Life, Non-Life

The financial services arm will now be renamed to Jio Financial Services Limited and will undertake a host of financial services including setting up a life insurance as well as one general insurance company and the shareholders of Reliance Industries will receive one...

Additional contribution of 1.16 pc for higher pension to be drawn from employers’ payout

by AIP Online Bureau | May 4, 2023 | Indian News, Pension & Social Security, Workplace/Employee Benefits

”It has been decided to draw 1.16 per cent additional contribution from within the overall 12 per cent of the contribution of the employers into the provident fund,” a labour ministry statement issued late in the evening on Wednesday said New Delhi:...

New finding may improve type-2 diabetes treatment in India: Lancet study

by AIP Online Bureau | May 4, 2023 | Facts, Health

“The knowledge may be used to prevent the disease in India, which has the second highest number of diabetes worldwide after China. Our findings suggests that efforts to prevent malnutrition in Indians may also prevent type 2 diabetes,” Rashmi Prasad, associate...

Delhi HC directs authorities to take action against fitting crash guards on vehicles

by AIP Online Bureau | May 4, 2023 | Indian News, Policy, Regulation

A bench of Chief Justice Satish Chandra Sharma and Justice Tushar Rao Gedela noted that crash guards and bull bars on motor vehicles are not allowed and the government agencies shall implement the provisions of law rigorously New Delhi: The Delhi High Court Wednesday...

El Nino likely to return in July, may impact Indian monsoon

by AIP Online Bureau | May 4, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

India Meteorological Department (IMD) Director General Mrutyunjay Mohapatra said last week that any effect the El Nino might have on monsoon will only be visible during the second half of the season ”It is not necessary that an El Nino will lead to a bad...
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