by AIP Online Bureau | Apr 29, 2024 | Banking & Bancassurance, Indian News
Kushal Roy,Standard Chartered Plc’s India country manager Jio Financial, the holding company of Jio Finance also plans to launch a mutual fund and an insurance business in addition to a payments business. It has applied to the Reserve Bank of India to convert to a...
by AIP Online Bureau | Apr 29, 2024 | Indian News, Life, Regulation
In an order signed by two members, BC Patnaik, Life and RK Sinha, Finance and Investment , the regulator has alleged that the insurer has carried out changes in the shareholding pattern of the joint venture, without its prior approval and also the company has not...
by AIP Online Bureau | Apr 29, 2024 | International News, Risk Management
”A mission deployed Indian Naval destroyer INS Kochi responded to a maritime security incident involving the attack on Panama-flagged crude oil tanker MV Andromeda Star on April 26,” the Indian Navy said New Delhi: The Indian Navy swiftly assisted a...
by AIP Online Bureau | Apr 28, 2024 | Eco/Invest/Demography, International News, Non-Life, Regulation, Risk Management, Technology, Workplace/Employee Benefits
A safe and healthy working environment supports mental health, and good mental health of course enables people to work productively. Issues such as depression and anxiety are pervasive in workplaces, impacting productivity and performance. When left untreated, the...
by AIP Online Bureau | Apr 28, 2024 | Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy
“The positive factor is that all FPI selling in the equity markets is getting absorbed by DIIs, HNIs and retail investors. This is the only factor that may reign in FPI selling,” said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services After...
by AIP Online Bureau | Apr 28, 2024 | International News, Technology
The U.S. electric vehicle maker rolled out Full Self-Driving, or FSD, the most autonomous version of its Autopilot software, four years ago but has yet to make it available in China, its second-largest market globally, despite customers urging it to do so...
by AIP Online Bureau | Apr 28, 2024 | Indian News, Life, Non-Life, Regulation
According to the sources, the lenders expressed concerns over the slow progress towards the implementation of RCAP resolution plan, as IIHL is yet to receive the crucial IRDAI approval on the resolution plan.The IRDAI has raised multiple queries and concerns over the...
by AIP Online Bureau | Apr 28, 2024 | Indian News, Non-Life
V. Suryanarayanan, MD&CEO, Cholamandalam General Insurance The insurer has recorded a gross written premium of Rs 7,598 crore for the financial year ending March 31, 2024.The company said due to the impact of natural calamities like Cyclone ‘Biparjoy’,...
by AIP Online Bureau | Apr 28, 2024 | Eco/Invest/Demography, Indian News, Policy
“While a record Rabi crop will help in moderating cereal prices, the increasing occurrence of weather shocks poses an upside risk to food prices. Geopolitical tensions and their effect on oil prices add to this risk. However, Kharif crop prospects look bright at...
by AIP Online Bureau | Apr 28, 2024 | Eco/Invest/Demography, Health, Indian News, Intermediaries, Life, Non-Life, Policy, Risk Management
A working group, that included insurance regulator IRDAI, went into issues related to the insurance sector during 2022-23 fiscal and the revised guidelines laid “special stress” for generating alerts in cases of frauds experienced by the insurance firms...
