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Emirates NBD and Kotak Mahindra Bank cleared by RBI to bid for IDBI Bank

Emirates NBD and Kotak Mahindra Bank cleared by RBI to bid for IDBI Bank

by AIP Online Bureau | Aug 1, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

The Indian government, which owns 45.48% in IDBI Bank, and state-owned Life Insurance Corporation of India which holds 49.24%, together plan to sell 60.7% of the lender MUMBAI/NEW DELHI: The Reserve Bank of India(RBI) has completed its review of potential buyers for a...

India’s Carbon Market: Regulations expected in months

by AIP Online Bureau | Aug 1, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Risk Management

“Large Indian corporations are on to this carbon market development in India especially since they have assets in other places around the world and their customers in European markets would be demanding more and more cleaner products.,” Dirk Forrister,...
Cloudburst in Shimla: Malana Hydropower project on Parvati River bursts, 36 missing

Cloudburst in Shimla: Malana Hydropower project on Parvati River bursts, 36 missing

by AIP Online Bureau | Aug 1, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

No loss of life has been reported in the Kullu and Mandi districts so far. Heavy damage to public and private property was reported on Thursday owing to the downpour that triggered a flash flood downstream in the Beas River from Palchan to Patlikuhal in Himachal...
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