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InsuranceDekho weighs an IPO for raising as much as $250 million
The IPO is likely to include a mix of new share issuance and secondary sales by existing investors, and could take place later this year, they said. Girnar Insurance Brokers Pvt., which operates insurance tech startup InsuranceDekho, is weighing an initial public...
Investigation into AI-171 accident still in progress, clarifies AAIB
The preliminary report released earlier provided factual information available at that stage. The final investigation report, containing conclusions and safety recommendations, will be published upon completion of the investigation in line with established...
LIC keen on buying stakes in a suitable health insurance company,says CEO Doraiswamy
``We are evaluating various options available in the market, but we don't have any particular deadline or any such immediate date by which we are looking at doing that. We'll be open to having a stake if a very good opportunity makes itself viable,'' said Doraiswamy,...
China charges former AstraZeneca regional head with “unlawful collection of personal information and medical insurance fraud”
a former executive vice president and a former senior employee of AstraZeneca charged with “unlawful collection of personal information, illegal trade and medical insurance fraud,” the company said on Tuesday. China has officially charged AstraZeneca’s former regional...
BMW recalls hundreds of thousands of cars due to a potential fire hazard
BMW said that product inspections and customer complaints revealed that the starter motor in the identified vehicles could be defective, with an increase in wear and tear in the magnetic switch after a high number of starts, making it potentially harder or impossible...
Aon appoints Joe Peiser as CEO of Risk Capital
Peiser's appointment reflects Aon's broader strategy to strengthen how the firm helps clients navigate increasing volatility by connecting risk with the most efficient forms of capital. DUBLIN: Aon plc, second largest international re/insurance broker today announced...
Environmental Concerns:SC refuses to pass any order related to Adani group’s proposed thermal power plant in UP
CJI Kant said the difficulty is that sometimes concerns are raised for power plants, sometimes for forests and sometimes for rivers, but developmental projects cannot be stalled like this. The bench emphasised the need for robust enforcement machinery and scientific...
Competition Commission slaps Rs 27 cr fine on Intel Corp for unfair biz practices
The penalty has been imposed on the company for abusing its dominant position in the market for Boxed Micro Processors (BMPs) for desktops in India. New Delhi: Competition Commission has imposed a fine of Rs 27.38 crore on Intel Corp for indulging in anti-competitive...
India:Rich citizens live in cities with poor conditions
Last week’s budget made a song and dance about various new grants supposedly targeting smaller towns. But the reality is that vital lines of urban finance have been cut. Funding for affordable housing shrank by 6 per cent, for urban rejuvenation by 20 per cent, and...
AI171 plane crash: Air India starts process for final compensation
Tata Group-owned Air India is in the process of paying the interim compensation of Rs 25 lakh, and would also offer Rs 10 lakh in addition to the final compensation to each of the families, sources said on Thursday. Besides, an ex gratia amount of Rs 1 crore to the...
SC refuses to entertain Jairam Ramesh’s plea on retrospective environmental clearances
The Environment Impact Assessment (EIA) rules 2006 make it mandatory for projects to get environmental clearances before commencement of the groundwork.Twice, in 2017 and 2021, the government had allowed some projects to seek clearances after the groundwork had...
No major impact on normal life due to one-day nationwide strike call
According to reports, a mixed response was seen in states including Odisha, Kerala, Tamil Nadu, Goa, Jharkhand, Chhattisgarh, Madhya Pradesh and Punjab.Public transport, markets, educational institutions, and business establishments were affected as major roads,...
Japan:Businesses navigating rapidly changing market and geopolitical volatility
Tatsuya Yamamoto, CEO of Japan at Aon, said, “Japanese organisations are operating in an environment of unprecedented complexity. Cyber, weather and geopolitical risks continue to be acute challenges for Japan businesses, underscoring the need for robust risk...
Data-driven governance and research critical for resilient securities markets: SEBI Chairman
He highlighted that while artificial intelligence and advanced analytics can strengthen surveillance and detect fraud, algorithmic markets can create feedback loops, and AI models can introduce opacity. To address these "real and growing" concerns, he called for...
Stanchart launches health and wellness offerings for high- net-worth clients in partnership with Niva Bupa
Recognising the growing demand among Indian consumers for end-to-end healthcare support, the collaborations,in partnership with Niva Bupaand WHOOP, a fitness and health wearables company, span the entire healthcare journey - from preventive care and early diagnosis to...
Global risk environment: APAC will continue to face heightened crisis-related pressures in 2026
“The Asia Pacific region will continue to face heightened crisis-related pressures in 2026, shaped by sustained civil unrest, driven by economic pressures, political grievances and rising youth activism,” said Will Miller, Head of Crisis Management for Asia Pacific at...
Govt sticks to e-cigarette ban in snub for Philip Morris
"The government of India is not considering revoking, amending or relaxing this ban. India remains committed to evidence-based tobacco control and cessation measures," the health ministry said in response to Reuters queries about the lobbying by Philip Morris adding...
RBI proposes ban on 3rd‑party sales incentives to bank staff to curb mis-selling
The RBI mandated banks to refund the entire sum where mis‑selling has been established and to compensate customers for any losses in line with approved policies. Mumbai: The Reserve Bank of India (RBI) has proposed a ban on incentives paid by third parties to bank...