by AIP Online Bureau | Jan 1, 2022 | Indian News, Life
Vibha Padalkar, MD & CEO, HDFC Life HDFC Life completed the acquisition of 100% stake in Exide Life from Exide Industries through issuance of 8,70,22,222 shares at an issue price of Rs. 685 per share and a cash payout of Rs. 726 crore,aggregating to Rs. 6,687...
by AIP Online Bureau | Jan 1, 2022 | Eco/Invest/Demography, Indian News, Pandemic
Prime Minister Narendra Modi Experts opined that the economy is expected to see a strong recovery in the coming months and even go past the pre-COVID levels unless the pandemic plays spoilsport.In the 2021 April-June quarter, the economy recorded a whopping 20.1...
by AIP Online Bureau | Jan 1, 2022 | Eco/Invest/Demography, Health, International News, Pandemic
Tedros Adhanom Ghebreyesus,Director-General,World Health Organisation Highlighting that COVID-19 is not the only health threat the world’s people will face next year, he said, millions of people have missed out on routine vaccination, services for family...
by AIP Online Bureau | Jan 1, 2022 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation
The matter relates to modification in the Digit Group Total Protect Policy by the insurer in July this year, under which one additional section by name of ‘Major Illness Plus Cover’ was incorporated in the policy Hyderabad: Insurance sector regulator Irdai...
by AIP Online Bureau | Jan 1, 2022 | Eco/Invest/Demography, Indian News
Out of which, 395 routes connecting 63 unserved and underserved airports including six heliports and two water aerodromes have been operationalised The Ministry of Civil Aviation has set a target of operationalising as many as 100 unserved and underserved airports and...
by AIP Online Bureau | Dec 31, 2021 | Eco/Invest/Demography, Indian News, Workplace/Employee Benefits
”Globally and in India, the market cap to GDP ratio touched an all-time high due to large liquidity flows, low interest rates, expectation of early return to normalcy and low returns from other asset classes,” said Dhiraj Relli, MD & CEO of HDFC...
by AIP Online Bureau | Dec 31, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively, in the fourth quarter as well New Delhi:The government on Friday kept interest rates on small savings...
by AIP Online Bureau | Dec 31, 2021 | Eco/Invest/Demography, Health, Indian News, Policy
New Delhi: A total of 1,270 Omicron cases have been detected across 23 states and UTs so far, according to the Union health ministry data updated on Friday Omicron has started replacing Delta variant in the country in terms of the number of COVID-19 cases and positive...
by AIP Online Bureau | Dec 31, 2021 | Indian News, Regulation, Risk Management, Technology
The order from the CCI comes after a non-profit group alleged this year that Apple was abusing its dominant position in the apps market by forcing developers to use its proprietary in-app purchase system New Delhi: The Competition Commission of India (CCI) on Friday...
by AIP Online Bureau | Dec 31, 2021 | Eco/Invest/Demography, Indian News, Regulation
“When any entity raises money under an IPO, it is for some purpose and investors are investing for that purpose, so that needs to be strictly monitored,” Ajay Tyagi, chairman of SEBI, told a news briefing after the regulator’s board meeting MUMBAI:...
