by AIP Online Bureau | Mar 19, 2025 | Indian News, Regulation
The new members inducted into IAC are, MR Kumar, former chairman, LIC and currently non-executive chairman of Bank of India, Dinesh Kumar Khara, former chairman, State Bank of India, Vishakha Mule, CEO, Aditya Birla Capital, Nilesh Shah, MD, Kotak Mahindra Asset...
by AIP Online Bureau | Mar 19, 2025 | Eco/Invest/Demography, Health, Indian News, Policy
J P Nadda,Union Health Minister Those suffering from cancer and are below the poverty line can also avail of a one-time financial assistance of up to Rs 15 lakh, provided under the Health Minister’s Cancer Patient Fund (HMCPF). New Delhi: More than 68 lakh cancer...
by AIP Online Bureau | Mar 18, 2025 | Indian News, Non-Life, Policy, Technology
“The general practice followed by the insurance companies, where the compensation is not disputed, is to deposit the same before the tribunal. Instead of following that process, a direction can always be issued to transfer the amount into the bank account(s) of...
by AIP Online Bureau | Mar 18, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Regulation
The journey for value creation would now begin, Ashok Hinduja said, adding that the value of the Reliance Capital business on a conservative basis would be Rs 20,000 crore. IIHL would complete the review of the entire RCAP business and take a call on the fund infusion...
by AIP Online Bureau | Mar 18, 2025 | Health, Indian News, Life, Regulation
Siddartha Mohanty, MD & CEO, Life Insurance Corporation `Our plans to get into health insurance have made progress. We are now at the final stage and hopeful that a decision will be taken before March 31. We have to also get regulatory approvals and that take...
by AIP Online Bureau | Mar 17, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
Union Telecom Minister Jyotiraditya Scindia “As India advances on its path of digital transformation, ensuring the safety and security of our citizens remains a top priority. Our partnership with Meta strengthens this commitment to protect our people from...
by AIP Online Bureau | Mar 17, 2025 | Data, Eco/Invest/Demography, Pension & Social Security, Policy, Regulation, Technology
At present, 96 per cent corrections are being done without any EPF office intervention, and over 99 per cent claims are received through online mode New Delhi: Retirement fund body EPFO settled a record number of 21.6 million claims through the autonomous process in...
by AIP Online Bureau | Mar 17, 2025 | Indian News, Life, Non-Life, Regulation, Reinsurance
Allianz, which had invested just Rs 174 crore in both the JVs way back in 2001 , is expected to start new insurance new companies in India soon either by partnering with another Indian company or with full ownership after the government allows 100 per cent FDI in the...
by AIP Online Bureau | Mar 17, 2025 | Eco/Invest/Demography, Indian News, Regulation, Technology
Other areas where the banks need to focus on from a customer service perspective are misselling, digital frauds, and aggressive recoveries practices, said RBI Governor Sanjay Malhotra Mumbai: Reserve Bank of India (RBI) Governor Sanjay Malhotra on Monday asked banks...
by AIP Online Bureau | Mar 17, 2025 | Health, Indian News, Life, Non-Life
The objective is to review past operating practices, suggest improvements and to identify any potential instances of misconduct by certain current and/or former employees of Religare and its units, the company said in an exchange filing New Delhi: India’s...
