by AIP Online Bureau | Jan 16, 2018 | Indian News
Mumbai: ICICI Lombard General Insurance today reported a 5.20 per cent increase in profit after tax (PAT) at Rs 231.76 crore for the quarter ended December 31, 2017.A subsidiary of ICICI Bank, the general insurance firm had earned a PAT of Rs 220.30 crore in the same...
by AIP Online Bureau | Jan 15, 2018 | Indian News
Mumbai: The domestic general insurance industry led by the recently listed New India Assurance(NIA) at Rs 108, 784 crores has recorded almost a growth of 20 per cent during the first nine months of the current fiscal. ...
by AIP Online Bureau | Jan 15, 2018 | Indian News, Pension & Social Security
NEW DELHI: Payment of Gratuity Amendment Bill 2017 is likely to be passed in the forthcoming Budget session, which will make formal sector workers eligible for tax free Rs 20 lakh gratuity. At present formal sector workers with five or more years of service are...
by AIP Online Bureau | Jan 13, 2018 | Data
India's domestic air passenger traffic grew by 16.4 percent in November last year, topping the growth chart worldwide, global aviation body, the International Air Transport Association (IATA) said on Thursday. The IATA, comprising major air carriers, said...
by AIP Online Bureau | Jan 12, 2018 | Data
Britain's forthcoming exit from the European Union was the main reason for a 37% decline in new jobs available in London's financial sector last month, according to a report from recruiting firm Morgan McKinley released Thursday. Financial...
by AIP Online Bureau | Jan 12, 2018 | Health, Indian News
Mumbai: India’s proposal to curb drug prices by stripping generic medicines of their brand names has stalled after the plan faced pushback from the country’s pharmaceutical companies, according to people with knowledge of the discussions. The Draft...
by AIP Online Bureau | Jan 11, 2018 | Indian News, Regulation
Mumbai: Giving partial relief to the Subrat Roy promoted Sahara India Life Insurance Company, the Securities Appellate Tribunal (SAT) on Thursday has quashed an order passed by the insurance regulator IRDAI in July 2017 to transfer the...
by AIP Online Bureau | Jan 11, 2018 | Facts, Pension & Social Security
New Delhi: At least 52 per cent senior citizens move court for maintenance allowance while 48 per cent are involved in property-related disputes, including revoking of their will, according to a survey conducted in four states by an NGO. The Helpage India...
by AIP Online Bureau | Jan 10, 2018 | International News, Reinsurance
Berkshire Hathaway Inc on Wednesday promoted two of its top executives, Gregory Abel and Ajit Jain, adding them to its board and cementing their status as the most likely successors to Warren Buffett atop the conglomerate . Jain, 66, Berkshire’s top...
by AIP Online Bureau | Jan 10, 2018 | Articles
New Delhi: Even as the Indian government on Wednesday relaxed FDI norms in various sectors such as single brand retail and allowed foreign airlines to invest up to 49 per cent in Air India, World Bank has said that India has enormous potential and has projected...
