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ICICI Pru Life Q1 PAT up 9% to Rs 224.34 cr

ICICI Pru Life Q1 PAT up 9% to Rs 224.34 cr

by AIP Online Bureau | Jul 23, 2024 | Indian News, Life

Anup Bagchi, Managing Director and Chief Executive , ICICI Pru Life The company said it registered nearly an 8 per cent growth in the value of new business (VNB) to Rs 472 crore and the VNB margin stood at 24 per cent Mumbai: ICICI Prudential Life Insurance on Tuesday...
IRDAI slaps a fine of Rs1cr on Care Health, orders it to buy back Rashmi Saluja’s exercised stock options and cancel others

IRDAI slaps a fine of Rs1cr on Care Health, orders it to buy back Rashmi Saluja’s exercised stock options and cancel others

by AIP Online Bureau | Jul 23, 2024 | Health, Indian News, Intermediaries, Regulation

Rashmi Saluja, non-executive chairperson cum director, Care Health Insurance The issuance of stock options of Care Health Insurance to Rashmi Saluja in her capacity as the chairperson of Raligare Enterprises Ltd(REL), the holding company Care Health Insurance, is in...

US, European regulators sign joint statement on effective AI competition

by AIP Online Bureau | Jul 23, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology

Generative AI has rapidly evolved in recent years and the “technological inflection points” could introduce new means of competing, catalyzing opportunity, innovation and growth, the statement said Regulators in the United States, European Union and...

Launch of NPS Vatsalya: Securing financial future of young citizens

by AIP Online Bureau | Jul 23, 2024 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

“The launch of NPS-Vatsalya, allowing parents and guardians to contribute towards minors’ future, is a transformative step. This plan seamlessly converts into a regular NPS account once the minor becomes an adult. Thank you, PM Modi, for your visionary...

FM says will evolve solution on New Pension Scheme to addresses relevant issues

by AIP Online Bureau | Jul 23, 2024 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

Deduction of this expenditure up to 14 per cent of salary from the income of employees in private sector, public sector banks and undertakings, opting for the new tax regime, is proposed to be provided New Delhi: Finance Minister Nirmala Sitharaman on Tuesday said a...
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