by AIP Online Bureau | Jul 5, 2022 | Disaster & Management, Indian News
Meanwhile, after a break of a couple of days, heavy rains returned to Mumbai on Monday. According to civic officials, the island city recorded 21 mm of rainfall from 8 am to 6 pm, while the eastern and western suburbs received 17 mm and 25 mm of rainfall, respectively...
by AIP Online Bureau | Jul 5, 2022 | Eco/Invest/Demography, Indian News, Non-Life
Two-wheeler retail sales last month rose 20 per cent to 11,19,096 units, as compared to 9,30,825 units in the year-ago period, FADA data showed Commercial vehicle retail sales also witnessed an 89 per cent year-on-year increase last month at 67,696 units....
by AIP Online Bureau | Jul 5, 2022 | Indian News, Life
LIC, which got listed on the bourses in May, will hold its first Annual General Meeting on September 27, 2022, according to stock exchange filing. Mumbai: State-owned LIC will invest Rs 80.67 crore in the proposed rights issue of its joint venture LIC (Nepal) Ltd. The...
by AIP Online Bureau | Jul 4, 2022 | Banking & Bancassurance, Indian News
Touted as the biggest transaction in India’s corporate history, HDFC Bank on April 4 agreed to take over the biggest domestic mortgage lender in a deal valued at about USD 40 billion, creating a financial services titan Mumbai: HDFC Bank on Monday said it has...
by AIP Online Bureau | Jul 4, 2022 | Indian News, Non-Life, Policy, Workplace/Employee Benefits
The Government has recently infused capital in these three general insurers and stands committed to provide more capital, as may be required, said an “office memorandum” signed by Mandakini Balodhi , director(Insurance), MoF. High solvency ratio makes...
by AIP Online Bureau | Jul 4, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Technology
The move comes as Maruti, India’s biggest car manufacturer, looks to update its product offerings in line with green targets set by the Indian government, the report said BENGALURU: Automaker Maruti Suzuki India will phase out vehicles that run completely on...
by AIP Online Bureau | Jul 4, 2022 | International News, Risk Management, Technology
The U.S. National Highway Traffic Safety Administration (NHTSA) early in June upgraded its probe into 830,000 Tesla vehicles with the advanced driver assistance system Autopilot, a required step before it could seek a recall Germany’s road traffic agency said it...
by AIP Online Bureau | Jul 3, 2022 | Banking & Bancassurance, Indian News, Regulation
”The scheme remains subject to various statutory and regulatory approvals inter alia including approvals from the Reserve Bank of India, Competition Commission of India, the National Company Law Tribunal and the respective shareholders and creditors of the...
by AIP Online Bureau | Jul 3, 2022 | Banking & Bancassurance, Indian News, Regulation
Eligible depositors of Shankarrao Pujari Nutan Sahakari Bank will get the payment on August 10, and those of Harihareshwar Sahakari Bank on August 28, according to a DICGC circular DICGC, a wholly-owned subsidiary of the RBI, provides an insurance cover of up to Rs 5...
by AIP Online Bureau | Jul 3, 2022 | Health, Indian News, Non-Life, Policy
”We have permitted the start of 438 U-HWCs called Namma Clinic in Karnataka that we had announced in the budget under the 15th Finance Commission grants. Accordingly, we have given sanction for appointment of 438 doctors, equal number of nurses and second...
