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Govt officials hold road shows in London and Singapore for GIC Re disinvestment

Govt officials hold road shows in London and Singapore for GIC Re disinvestment

by AIP Online Bureau | Dec 15, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Reinsurance

The government is also actively planning to disinvest in Life Insurance Corporation (LIC) shortly New Delhi/Mumbai: The Indian government held road shows in London and Singapore to assess investor interest for a minority stake sale in state-run GIC Re. Top officials...
Cyber attack on govt networks surged nearly 7 times post-Operation Sindoor: NICSI MD

Cyber attack on govt networks surged nearly 7 times post-Operation Sindoor: NICSI MD

by AIP Online Bureau | Dec 11, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

“Post-Operation Sindoor, attackers have intensified their efforts and attempted hits on government networks have surged nearly seven times, exposing new vulnerabilities in ministries, data centres, and citizen services. This underscores the need for advanced...
Govt to seek bids for its $7.1 billion majority stake in IDBI Bank

Govt to seek bids for its $7.1 billion majority stake in IDBI Bank

by AIP Online Bureau | Dec 5, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation

The federal government and state-owned Life Insurance Corp of India together own about 95% in the lender. The government will sell 30.48% of its stake in the bank, while LIC will offload 30.24%, along with transfer of management control. India is poised to seek bids...
Govt considering legislative amendments to push private investments in nuclear space: Shripad Naik

Govt considering legislative amendments to push private investments in nuclear space: Shripad Naik

by AIP Online Bureau | Dec 1, 2025 | Eco/Invest/Demography, Indian News, Non-Life

Shripad Naik, Minister of State (MoS), Power The Civil Liability for Nuclear Damage Act provides prompt compensation to the victims for damage caused by a nuclear incident through a no-fault liability regime New Delhi: The government is considering amendments to the...
Govt mulls rating system for assessing performance of contractor firms engaged in NH works

Govt mulls rating system for assessing performance of contractor firms engaged in NH works

by AIP Online Bureau | Nov 27, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy

According to the concept note, ratings for Engineering, Procurement, and Construction (EPC) and Hybrid Annuity Model (HAM) projects shall be conducted together, whereas ratings for Build-Operate-Transfer (BOT) projects shall be conducted separately New Delhi: In a...
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