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Here is a masonry blog layout with no sidebarAxis Bank emerges as highest bidder for Citi consumer biz
The business comprises credit cards, retail banking, home loans and wealth management. The bank has 35 branches in the country and employs about 4,000 people in the consumer banking business.According to the sources, the valuation could be around USD 2 billion (about...
Smaller cities and 30 plus investors drive the SIP growth story in the country
The report shows that India’s smaller cities are now leading the charge with 64% contribution of SIP inflows coming outside of top 10 cities that include metros and big business hubs like Bangalore and Hyderabad in 2021. There has been a gradual increase in SIP...
RS Filmcraft infuses Rs 5 cr in Go Digit General Insurance
RS Filmcraft (OPC) has invested Rs 50 million in Go Digit General Insurance, the insurer said in a release. Bengaluru-headquartered Go Digit has raised funding amounting to around Rs 990 crore from its parent company Go Digit Infoworks Services Pvt Ltd, backed by...
Qatar Airways takes Airbus to court in A350 jet safety dispute
The row widened this month when documents seen by Reuters revealed at least five other airlines located in varying climates had complained about paint or other surface problems since 2016. Airbus has until recently maintained the problem was focused on paint on...
Omicron’s global spread prompts renewed lockdowns, delayed reopenings
The Omicron variant was first detected last month in southern Africa and Hong Kong and so far has been reported in at least 89 countries More than 274 million people have been reported to be infected by the coronavirus globally since the pandemic began and more than...
Govt will focus on reducing compliance burden: PM assures India Inc during pre-Budget meet
Prime Minister Narendra Modi The prime minister said the corporate sector should invest more in areas like agriculture and food processing, and talk about the shifting focus on natural farming New Delhi: Prime Minister Narendra Modi on Monday assured India Inc that...
Women workforce representation improves significantly during pandemic: Report
More popular roles in apna.co included telecallers and BPO, back office, receptionist, front office, teacher, accounts, finance, admin, office assistant and data entry operators Women representation has improved significantly in the workforce across roles and...
More women beneficiaries joining insurance schemes PMJJBY, PMSBY, says govt
The schemes have seen significant growth in terms of the cumulative number of women enrolled in these schemes, the minister said. Under PMSBY there are 10,26,45,751 women beneficiaries and under PMJJBY there are 3,42,40,254 beneficiaries As many as 1,60,925 women were...
Delhi HC seeks Govt’s response on BBB’s power to select UII CMD
Legal observers point out that it will be interesting to watch how government will be responding to Delhi HC’s notice on an issue which not only affects Tripathy’s posting but also whole host of top level appointments in the public sector insurance companies in...
Wall St: Dow crashes 600 pts as Omicron’s spread stokes fears of tighter curbs
Surging global infections of the Omicron coronavirus variant have sparked worries in financial markets as many European nations and Britain weigh the possibility of restrictions during Christmas US stock indexes fell more than 1% on Monday, dragged by concerns about...
Over 2,000 people lost lives in natural disasters in 2021-22: Govt
According to data shared by the Jal Shakti Ministry in response to a question in Rajya Sabha, Maharashtra accounted for the highest number of deaths at 489, followed by 162 each in Gujarat and Uttar Pradesh. New Delhi: Over 2,000 people lost their lives due to...
ICICI Lombard partners Clove Dental for OPD Dental Insurance
The offering will be covered under the OPD benefit and will be available on a cashless basis to customers. This partnership is well poised to provide oral health support to Clove Dental’s consumers that will encompass all necessary dental treatment expenses under the...
161 Omicron cases reported in India, says Mansukh Mandaviya
"As of now, India has 161 Omicron cases…We are monitoring the situation daily with experts," the minister told Rajya Sabha while replying to debate on the COVID-19 situation New Delhi: India has reported 161 cases of new coronavirus variant Omicron, Union Health...
Investors lose Rs 11.45 trn in two days of market sell-off on Omicron scare
India has been undergoing a phase of consolidation in the last two months. Currently sell-off is due to rapid rise in FIIs selling triggered by hawkish world central banks' policy, cautious view on Indian market due to high valuation compared to peers and drop in...
Crypto attracts more money in 2021 than all previous years combined, scammers netted $7.7 billion from victims
"As the largest form of cryptocurrency-based crime and one uniquely targeted toward new users, scamming poses one of the biggest threats to cryptocurrency's continued adoption," Chainalysis said. Venture capital funds have poured about $30 billion into crypto, or more...
Ransomware persists even as high-profile attacks in US have slowed
Victims of ransomware attacks in the past few months have included hospitals, small businesses, colleges like Howard University — which briefly took many of its systems offline after discovering a September attack — and Virginia's legislature In the months since...
Par panel expresses concern over delay in disposal of pensioners’ grievances
According to one estimate, by 2050, the share of population over the age of 60 is likely to increase significantly in the country, the report said “In view of such changes at societal level, we need to have a robust pension system for elderly which can help them...
Majority of consumers have strong intent to buy vehicle in next 12 months: Survey
The strong intent to purchase a vehicle reflected a healthy recovery in overall spending habits, it added. While the intent to purchase new vehicles is strong, used vehicles also seem to enjoy increased interest . There is a strong intent to purchase a vehicle among a...