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Govt orders probe into fire incident involving Ola electric scooter in Pune

Govt orders probe into fire incident involving Ola electric scooter in Pune

by AIP Online Bureau | Mar 30, 2022 | Eco/Invest/Demography, Indian News, Policy, Technology

The Centre for Fire Explosive and Environment Safety (CFEES) has been asked to probe the circumstances that led to the incident and also suggest remedial measures, according to the Ministry of Road Transport and Highways (MoRTH) New Delhi: The government has ordered a...
Govt planning mega LIC IPO by mid-May after markets calm down: Report

Govt planning mega LIC IPO by mid-May after markets calm down: Report

by AIP Online Bureau | Mar 14, 2022 | Indian News, Life

Life Insurance Corp.’s published embedded value will be valid for the IPO until May as per rules, said the people, who declined to be named as the information is not public yet. A delay beyond that would mean LIC would have to re-calculate the embedded value, a key...
Govt has time till May 12 for LIC IPO without seeking fresh Sebi approval

Govt has time till May 12 for LIC IPO without seeking fresh Sebi approval

by AIP Online Bureau | Mar 13, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy

The official further said that although the market volatility has reduced in the last fortnight , it would wait for the market to stabilise further so that retail investors get confidence to invest in the stock. LIC has reserved up to 35 per cent of its total IPO size...

Speculative and misinformed: Govt rejects report claiming Covid-19 death toll in India much higher

by AIP Online Bureau | Mar 12, 2022 | Health, Indian News, Pandemic

“Even the backlog in Covid mortality data submitted by the states at different times is reconciled in the data of Government of India on a regular basis. Furthermore, there is a financial incentive in India to report Covid deaths as they are entitled to monetary...
Govt appoints Ex-financial services secretary Debasish Panda as new IRDAI chief

Govt appoints Ex-financial services secretary Debasish Panda as new IRDAI chief

by AIP Online Bureau | Mar 11, 2022 | Indian News, Life, Non-Life, Regulation, Reinsurance

Debasish Panda, chairman, IRDAI The appointments committee of Cabinet (ACC) has approved the appointment of Panda, a former secretary, department of financial services, as chairman of the IRDAI for three years on Friday New Delhi; Finally, the government has appointed...
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