by AIP Online Bureau | Feb 11, 2026 | Indian News, Non-Life, Policy, Reinsurance
The overall hike in wage bill will be 12.41 per cent with an increase of 14 per cent on existing basic pay and dearness alowance.A total of 43,247 PSGIC employees will benefit from this revision.The total outgo for the six companies will be to the tune of Rs 8170.30...
by AIP Online Bureau | Jan 8, 2026 | Indian News, Non-Life, Policy, Reinsurance
Parshant Kumar Goyal, joint secretary, DFS In a meeting of all stakeholders, including chief labour commissioner(CLC), today, Parshant Kumar Goyal, joint secretary, DFS assured that the Feb 15 deadline will be the maximum timeline and the department try to get the...
by AIP Online Bureau | Dec 18, 2025 | Eco/Invest/Demography, Health, Indian News, Non-Life
“The capital infusion was meant to build their business and strengthen them. So as a result of these, the performance of all these companies has started improving and their losses have come down. In fact, two of the three companies in which capital was infused...
by AIP Online Bureau | Dec 14, 2025 | Eco/Invest/Demography, Indian News, Non-Life
Any possibility of three companies- NIC, OIC and UII – getting merged with New India Assurance(NIA), the country’s largest general insurance company, is ruled out as latter has opposed it tooth and nail New Delhi: Beginning its home work on the issue of...
by AIP Online Bureau | Dec 8, 2025 | Indian News, Non-Life, Policy, Reinsurance
Some of the names who are belived to have applied for the post of GIC Re CMD include, Rajeev Singh, Head Reinsurance and corporate marketing, Digit Insurance, promoted by Prem Watsa and Kamesh Goyal. and Mandakini Balodhi, one of directors in Department of Financial...
