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AB-PMJAY: BAGI wins Gujarat, RGI bags Meghalaya, NIC retains Jharkand
Bajaj Allianz General Insurance has outbid Oriental Insurance Company to win the mandate for Gujarat and Reliance General Insurance has pushed out National Insurance Company(NIC) for Meghalaya in competitive bidding Reliance General Insurance will be earning a premium...
Air pollution could be driving antibiotic resistance: New Lancet study
The association between PM2.5 air pollution and increase in antibiotic resistance has strengthened over time, with enhances in PM2.5 levels leading to larger increases in antibiotic resistance in more recent years, the analysis found using data for 116 countries from...
Ukraine’s drone attack yet to jolt insurance for Black Sea oil carriers
As of Monday, the extra insurance premium ships pay when entering risky areas was stable compared with levels prior to the weekend attack, according to two people familiar with the market. The figure is closely watched by traders and shipowners alike for whether it...
Britain to create new regime to deal with insurance failures
In Britain, insurance company collapses currently come under modified UK company insolvency arrangements, which the finance ministry said may be less effective for an industry with 2.7 trillion pounds ($3.45 trillion) in assets London: Britain said on Wednesday it...
Domestic investors holding declined in June quarter
According to Pranav Haldea, Managing Director, Prime Database Group, this was on account of profit booking by LIC, mutual funds as also retail and HNI investors with markets reaching all-time highs. Net inflows from DIIs stood at just Rs 3,368 crore during the quarter...
Fire safety audit ordered four days before AIIMS-Delhi blaze
The order by the Department of Security at AIIMS said the Union Health Ministry's National Guidelines for Fire Safety in Healthcare facilities mandates hospitals to undertake comprehensive fire safety audits involving a third party. New Delhi: Days before a fire broke...
WHO flags contaminated India-made syrup in Iraq
The United Nations agency in its medical products alert said the batch of the syrup, branded Cold Out, had higher than acceptable limit of contaminants diethylene glycol and ethylene glycol The World Health Organization on Monday flagged a batch of contaminated common...
Pramerica Life spearheads insurance awareness initiatives in Haryana and Nagaland
Pramerica Life Insurance has undertaken significant awareness initiatives in Haryana and Nagaland to educate the residents of these states on the importance of life insurance as part of the Insurance Regulatory and Development Authority of India (IRDAI)'s mission,...
Star Health ties-up with Standard Chartered Bank
Star Health and Allied Insurance has collaborated with Standard Chartered Bank to offer health's insurance products through their extensive branch network across India. Star Health will make its top-notch health insurance products readily accessible to customers via...
India’s PB Fintech posts smaller Q1 loss on loan, insurance demand
Yashish Dahiya, co-founder of Policybazaar The company's revenue from operations rose 31.8% to Rs 6.66 billion , with revenue from Policybazaar and Paisabazaar, its core online business, growing 39% to Rs 5.16 billion New Delhi: India's PB Fintech the parent of online...
General insurance industry’s premium grows 14% to Rs 26,629 crore in July, Pvt sector cos lead
Bajaj Allianz General Insurer with a premium base of Rs3762 crore , a y-o-y growth of 51 per cent, has overtaken ICICI Lombard General insurance in garnering the largest premium in the month of July Mumbai: The Indian general insurance industry has...
Digital Personal Data Protection Bill, 2023 passed in Lok Sabha
"Villages and rural areas are getting connected with digital journey. The Bill has been introduced to give rights, provide security and privacy to the people. This Bill has been introduced after having it discussed in a series of Parliamentary committee meetings," he...
Vijay Shekhar Sharma to buy 10.3 pc stake in Paytm from Antfin in no-cash deal
Vijay Shekhar Sharma At the time of Paytm listing, Antfin held 29.6 per cent stake in the company and it was required to bring down stake below 25 per cent to meet regulatory compliance Alibaba Group had in January and February sold its entire 6.26 per cent that it...
El Niño could have a significant impact on renewable energy production, WTW report
``Developers must carefully plan and factor the various worst-case scenarios into their risk model to ensure new projects are commercially viable going forward. There are also innovative insurance tools available such as parametric solutions that can provide revenue...
Musk’s X to pay legal bills of people ‘unfairly treated’ for posting on platform
"And we won't just sue, it will be extremely loud and we will go after the boards of directors of the companies too," Elon Musk said later in response to a post about nothing changing behavior in the U.S. faster than a threat of legal action Elon Musk has said his X...
Amid conjunctivitis, eye flu surge, doctors warn against irrational use of steroid eye drops
Conjunctivitis in the present epidemic is a self-limiting disease and does not require antibiotic treatment in all cases, Dr J S Bhalla, a senior consultant eye surgeon at the DDU hospital said, adding that hand and facial hygiene are very important to prevent its...
Reliance bets big on financial services, seeks shareholder nod to appoint Ambani as head for another 5 yrs at nil salary
Mukesh Ambani, chairman, Reliance Industries “Jio Financial Services aims to provide simple, affordable and innovative digital-first solutions,” Mukesh Ambani said Jio Financial Services also has plans set up two insurance companies to foray into life and non-life...
MFs go slow on NFOs; file draft papers for 59 schemes in Apr-Jul
Retail investors' mutual fund holdings surged by 20.5 per cent year-on-year to nearly Rs 25 lakh crore at present. This growth was fuelled by investments in equity schemes, exchange-traded funds (ETFs) and Funds of Funds (FoFs) amid positive market sentiment In terms...