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Finmin asks public sector banks to monetise investments in subsidiaries via listing on bourses

Finmin asks public sector banks to monetise investments in subsidiaries via listing on bourses

by AIP Online Bureau | Jun 29, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Policy

For example, the country’s biggest lender State Bank of India may look at listing SBI General Insurance and SBI Payment Services in the future after they scale up their operations.The general insurance arm of SBI has allotted 3,71,693 equity shares of ₹10 each...
Make GIFT IFSC more competitive to attract foreign investments: FM Sitharaman

Make GIFT IFSC more competitive to attract foreign investments: FM Sitharaman

by AIP Online Bureau | Jun 27, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Pension & Social Security, Wealth Management/ Philanthropy

Sitharaman visited IFSC at GIFT City in Gandhinagar on Thursday and reviewed its progress as an International Finance Services Center Sitharaman exhorted officials to work towards making GIFT IFSC more competitive and cost effective to attract HNI investments in the...
Warren Buffett’s best and worst investments in his 60 years leading Berkshire Hathaway

Warren Buffett’s best and worst investments in his 60 years leading Berkshire Hathaway

by AIP Online Bureau | May 4, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Berkshire’s insurance division has grown to include Geico, General Reinsurance and several other insurers. The float totaled $173 billion at the end of the first quarter Billionaire investor Warren Buffett said Saturday that he wants to step down as chief...

India beats China in green investments; deals worth $2.4 bn completed in Q3

by AIP Online Bureau | Dec 6, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Technology

More than a dozen renewables and electric vehicle firms have publicly listed this year, including solar panel producer Waaree Energies Ltd. and scooter manufacturer Ola Electric Mobility Ltd. Shares in clean power firm NTPC Green Energy Ltd. have advanced more than 30...
Cloud investments: Majority of banks and insurers struggle to maximize the value

Cloud investments: Majority of banks and insurers struggle to maximize the value

by AIP Online Bureau | Nov 16, 2024 | Articles, Eco/Invest/Demography, Life, Non-Life, Risk Management, Technology

“Cloud adoption should be viewed as the start of a transformative journey that fuels long-term business growth, rather than the end game or destination. What’s clear from our research is that while the technology is seen by financial institutions as a building block,...
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