by AIP Online Bureau | Apr 23, 2022 | Banking & Bancassurance, Indian News, Policy
Manthan 2022 was held to brainstorm with the top leadership of public sector banks and unlock next-generation reforms while continuing with the EASE journey, the ministry said. The last such exercise was held in 2019. Financial Services Secretary Malhotra urged banks...
by AIP Online Bureau | Apr 22, 2022 | Indian News, Policy, Wealth Management/ Philanthropy
Officials want to complete the listing — which will still be India’s biggest — in the next two weeks, the people said, asking not to be identified as the deliberations aren’t public. LIC will probably be valued at some Rs 6 lakh crore, the people said New...
by AIP Online Bureau | Apr 22, 2022 | Eco/Invest/Demography, Indian News, Policy, Technology
The draft policy also comes at a time when there are rising concerns over safety issues around electric vehicles in the wake of multiple instances of such vehicles catching fire ”For safety during operation of the charging infrastructure, the operator must...
by AIP Online Bureau | Apr 22, 2022 | International News, Non-Life, Pension & Social Security, Reinsurance
Warren Buffett, chairman, Berkshire Hathaway Inc. CalPERS said it invests more than $450 billion, including more than $2.3 billion in Berkshire shares. Berkshire plans for Buffett’s son Howard Buffett to become non-executive chairman after his father’s departure,...
by AIP Online Bureau | Apr 21, 2022 | Health, Indian News, Non-Life
PC Kandpal, MD & CEO, SBI General Insurance, said, “Despite the challenging environment continued with pandemic, we have registered significant growth in GWP especially in the health insurance segment. The strong performance underpins our health insurance...
by AIP Online Bureau | Apr 21, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology
“It is a challenge between the value which has been created in each of these enterprises and then there is a valuation expectation. I think there is a discord between the value and the valuation,” Kamath, who is the chairman of National Bank for Financing...
by AIP Online Bureau | Apr 21, 2022 | International News, Risk Management
“There are many difficulties in investigating this accident, and at the moment the available evidence is limited,” Li Yong, deputy director of CAAC’s aviation safety office, said in an interview with state news agency Xinhua China said on Wednesday...
by AIP Online Bureau | Apr 21, 2022 | Eco/Invest/Demography, Health, Indian News, Pandemic
However, an Indian SARS-CoV-2 Genomics Consortium (INSACOG) source has claimed that Omicron variant derivative BA.2.12.1 has also been found in a few samples in Delhi which is said to be contributing to the recent rise in cases in the US Omicron sublineage BA.2.12 has...
by AIP Online Bureau | Apr 21, 2022 | Indian News, Non-Life
Bhargav Dasgupta, MD & CEO, ICICI Lombard General Insurance The insurer has combined ratio, one of the key measures of profitability for general insurers, of 103.20 per cent in q4 FY 2021-22,as against 101.80 per cent in year-ago period The insurer’s...
by AIP Online Bureau | Apr 21, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
“Positive global clues lifted sentiments for the second straight day. The board-based rally saw buying across different sectors,” said Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities Mumbai: Investors have become richer by over Rs 5.74...
