by AIP Online Bureau | Sep 1, 2024 | Indian News, Non-Life, Policy, Risk Management, Technology
To the consternation of the general insurers, who do motor business, the Ministry of Road Transport and Highways had issued a directive under Motor Vehicle Accident Fund scheme saying that the insurers have to even fund the cashless medical care of victims of...
by AIP Online Bureau | Aug 20, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Regulation
In his petition, Swamy alleged Axis Bank made undue profits totalling Rs 4,000 crore from the sale and purchase of equity shares of Max Life in a non-transparent manner and in violation of the applicable regulations New Delhi: Stating that it should not act as a...
by AIP Online Bureau | Aug 13, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Regulation
On Monday, the high court bench led by Acting Chief Justice Manmohan and Justice Tushar Rao Gedela declined to admit the PIL In February, Swamy filed an PIL before the Delhi High Court seeking a comprehensive probe into the alleged fraud in Axis Bank involving undue...
by AIP Online Bureau | Aug 2, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy, Technology
During the investigation, as many as 373 fake Ayushman Cards have been identified wherein claims of about Rs 40.68 lakh (approx) were made for reimbursement from the government in the name of treatments given to the said Ayushman Card beneficiaries, the ED release...
by AIP Online Bureau | Jul 12, 2024 | Eco/Invest/Demography, Health, Indian News
A bench headed by Acting Chief Justice Manmohan dismissed a petition by a pan masala manufacturer, who challenged a notification issued by the FSSAI in October 2022, and said the mandate gives effect to the legislative intent of safeguarding the larger public interest...
