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With Rs 11.6 lakh cr wealth, Adani replaces Ambani as India’s richest

With Rs 11.6 lakh cr wealth, Adani replaces Ambani as India’s richest

by AIP Online Bureau | Aug 29, 2024 | Data, Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

Gautam Adani Reliance Industries chairman and managing director Ambani’s overall networth increased by 25 per cent to Rs 10.14 lakh crore, as per the 2024 Hurun India Rich List New Delhi: Recouping the dent caused by the Hindenburg Research report, Gautam...
Decriminalisation of labour laws, female workforce to drive inclusive growth: official

Decriminalisation of labour laws, female workforce to drive inclusive growth: official

by AIP Online Bureau | Aug 29, 2024 | Eco/Invest/Demography, Indian News, Policy, Workplace/Employee Benefits

Sumita Dawra,Secretary, Ministry of Labour & Employment Decriminalization of labour laws, increasing female workforce participation, social security, labour welfare that will drive inclusive growth in India,” Sumita Dawra,Secretary for Ministry of Labour...

Chinese firm Tencent sells 2.1% in PB Fintech for Rs 1,668 crore; SBI MF, SocGen pick up stake

by AIP Online Bureau | Aug 29, 2024 | Indian News, Intermediaries, Technology

The shares were disposed of at an average price of Rs 1,719.75 apiece, taking the transaction value to Rs 1,668.15 crore. After the share sale, Tencent’s sharehdoling in PB Fintech has declined to 2.13 per cent from 4.26 per cent New Delhi: Chinese conglomerate...
Mpox emergency may add to economic, fiscal challenges in some African sovereigns: Fitch

Mpox emergency may add to economic, fiscal challenges in some African sovereigns: Fitch

by AIP Online Bureau | Aug 29, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Policy, Risk Management

In most of African countries , the number of confirmed mpox cases is very low, often in the single digits. However, there could be underreporting in some countries and the emergency declaration highlights the potential for case numbers to rise sharply, bringing the...
LIC pays Rs 3662 cr dividend cheque to Sitharaman

LIC pays Rs 3662 cr dividend cheque to Sitharaman

by AIP Online Bureau | Aug 29, 2024 | Indian News, Life

(L toR) M P Tangirala, additional secretary, Department of of Financial Services, Siddhartha Mohanty, CEO & MD, LIC, Nirmala Sitharaman, Union Minister of Finance, M Jagannath, MD, LIC LIC also paid interim dividend of Rs. 2441.45 crores on 1st March 2024, thus...
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