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LIC IPO: Listing on Tuesday, Faith of millions of Indian small investors put to test
“The mood could turn sour if the market price falls,” said Amitabh Dubey, a political analyst at research company TS Lombard. “The government could face criticism” Of the 21 Indian state-run companies that debuted in the stock market since 2010, half are still trading...
Govt looks for a new IRDAI member (life)
A search panel, The Financial Sector Regulatory Appointment Search Committee (FSRASC), headed by the cabinet secretary normally interviews and selects a candidate for the post members and chairmen/governor of regulatory bodies like Reserve Bank of India, Sebi and...
Table Portal Software program
The right panel portal computer software will not only facilitate board meetings, but likewise deliver document management and collaboration features. It should allow users to talk about files and regulate access permissions, and really should also include...
Illegal structures, scant regard for fire safety norms led to loss of lives in fires in Delhi
In December 2019, the Anaj Mandi blaze claimed 44 lives, making it the most severe fire incident in the national capital after the Uphaar Cinema tragedy that claimed 59 lives and left over 100 injured in June, 1997 New Delhi: Illegal structures, scant regard for fire...
Africa Specialty Risks Energy Portfolio’s capacity increased to $38 million
This follows 12 months of profitable underwriting results for ASR’s energy portfolio which provides coverage for the entire African continent including upstream, downstream, power, utilities, and renewables So far, they have provided insurance cover in over 20 African...
Lloyd’s broker unveils product for crypto and digital asset businesses
The product, named Daylight, will help digital asset businesses secure insurance and manage risks more easily. Daylight uniquely combines cutting-edge machine-learning technology with the expertise of Superscript's digital asset insurance brokers Superscript will...
NDMA reviews preparations ahead of monsoon, plans NDRF deployment in flood-prone areas
Use of Damini App, Nowcast, as also various Google alerts for effective early warning dissemination was emphasised to achieve a target of zero mortality in the coming monsoon season, an official statement said New Delhi: The monsoon this year is likely to be normal...
Tata Group chief outlines five mega trends for future business growth
Tata Group Chairman N. Chandrasekaran "In the last two years, the internet has penetrated ever further into our daily lives. At the same time, advances in AI, cloud, and data technology have raised forward.This development is a huge opportunity for India because of...
RIL top-ranked Indian firm on Forbes Global 2000 list
Forbes Global 2000 ranks the largest companies in the world using four metrics: sales, profits, assets and market value, Forbes said releasing the 2022 ranking of the world's top 2,000 companies Reliance is the top-ranked Indian firm on the list, followed by State...
Consumer inflation at 8-year high of 7.79%, to ‘trigger’ quicker rate hikes by RBI
Given the tone of urgency in RBI's statement to support the altered inflation-growth dynamics, "we now revise our call and expect the RBI to hike repo rate by an additional 60 bps in the rest of FY23". New Delhi: Sounding a red alert on India's CPI inflation at an...
Delhi fire tragedy: Mundka building did not have fire NOC, says Police
"The building did not have a fire NOC. The owner of the building has been identified as Manish Lakra who lived on the top floor. Lakra is currently absconding, teams are on the job and he will be nabbed soon," DCP Sameer Sharma (Outer District) told reporters. As many...
EU toughens cybersecurity rules for key sectors
The new rules cover all medium and large companies in essential sectors – energy, transport, banking, financial market infrastructure, health, vaccines and medical devices, drinking water, wastewater, digital infrastructure, public administration and space All medium...
Atleast 20 people dead in fire at building near Delhi’s Mundka metro station
"A total of 20 bodies were recovered from the 3-storey commercial building which had caught fire this evening near Delhi's Mundka metro station. The third floor is yet to be searched," Atul Garg, Delhi Fire Director said New Delhi: As many as 20 died while 50 to 60...
Free sex reassignment surgeries for transgenders in Maha
NCP MP Supriya Sule shared a video clip of Tope’s speech “I would like to tell you on this occasion that we will carry out surgeries for transgenders 100 per cent free,” the minister can be heard saying Mumbai: Gender affirming or sex reassignment surgeries would be...
Musk puts $44 bln Twitter deal on hold over fake account data
Spam or fake accounts are designed to manipulate or artificially boost activity on services like Twitter. Some are tied to improve commercial results, while others are designed to create an impression that something or someone is more popular Elon Musk tweeted on...
NHA organises convention to discuss ways to further strengthen digital health ecosystem
NHA CEO R S Sharma said the core objective of Ayushman Bharat Digital Mission is to leverage technology to deliver health services to the remotest areas of the country New Delhi: Ways to further strengthen the country's digital health ecosystem were discussed at a...
Over 1.4 lakh Bengal farmers to get crop insurance due to unseasonal rain: Minister
''There has been crop loss in both West and East Midnapore, Hooghly, South and North 24 Parganas districts. Nearly 1.44 lakh farmers will be getting insurance worth Rs 112.8 crore,'' Chattopadhyay told PTI Kolkata: West Bengal Agriculture Minister Shobhandeb...
Non-life insurers’ gross premium income rises 24% to Rs 21,327 cr in April
The five standalone private sector health insurance companies posted a 29.14 per cent growth in their collective gross premium income during the month at Rs 1,550.14 crore, as against Rs 1,200.34 crore in the year-ago period Mumbai: The gross premium income of...