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Bajaj Group completes acquisition of 23% stake in insurance companies from Allianz for Rs 21,390 crore

Bajaj Group completes acquisition of 23% stake in insurance companies from Allianz for Rs 21,390 crore

by AIP Online Bureau | Jan 8, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life

Sanjiv Bajaj, Chairman & Managing Director, Bajaj Finserv. The transfer of Allianz’s remaining 3% stake is expected to be completed over the nextfew months through a proposed buyback of shares by the insurance companies, subjectto applicable law and necessary...

Mandatory CSR spending by Indian companies can lead to low investor confidence IIM study

by AIP Online Bureau | Jan 4, 2026 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

“This signifies that there is a great deal of CSR expenditure that is mandatory and that there is a greater return on equity that is required by the investors. Mandatory CSR spending can reduce perceived corporate benefits, leading to lower investor confidence...

Indian cos increasingly adopting AI-driven tools to streamline their hiring processes

by AIP Online Bureau | Dec 24, 2025 | Data, Life, Technology

Companies such as Paytm, Titan, Muthoot Fincorp, SBI Life Insurance, IDFC First Bank and HCL used the AI tool. New Delhi: As artificial intelligence continues to expand its footprint across sectors, companies are increasingly adopting AI-driven tools to streamline...
Finmin asks hospitals, insurers to make healthcare affordable and accessible for policyholders

Finmin asks hospitals, insurers to make healthcare affordable and accessible for policyholders

by AIP Online Bureau | Nov 13, 2025 | Health, Indian News, Intermediaries, Non-Life, Policy

M Nagaraju, Secretary,Financial Services , Ministry of Finance The secretary advised insurers and hospitals to take measures such as devising standardised treatment protocols, common empanelment norms, seamless cashless claims processing, etc, to bring down health...
Govt throws open CMD posts of PSU general re/insurance cos and one position of LIC MD for pvt sector professionals

Govt throws open CMD posts of PSU general re/insurance cos and one position of LIC MD for pvt sector professionals

by AIP Online Bureau | Oct 10, 2025 | Eco/Invest/Demography, Indian News, Policy

The new norms now will allow eligible private sector professionals to apply for the CMD post of GIC Re, which has fallen vacant after N Ramaswamy retired on Sep 30 External Candidates applying for posts of CMDs of PSU general insurance companies should have minimum 21...
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