by AIP Online Bureau | Mar 1, 2024 | Banking & Bancassurance, Indian News, Non-Life
The move follows a May 2023 resolution by the bank’s board to increase the bank’s holding ICICI Lombard by another 4 per cent in multiple tranches Mumbai: Private sector lender ICICI Bank on Thursday said it has bought an additional 25.14 lakh shares of...
by AIP Online Bureau | Feb 29, 2024 | Indian News, Non-Life, Policy
The new head office of Chennai based United India Insurance, which was inaugurated by Union Finance minister Nirmala Sitharaman, virtually, on Friday The DFS now has prepared a new list of five general managers(GMs)- BS Rahul, Agriculture Insurance...
by AIP Online Bureau | Feb 29, 2024 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology
“The media companies involved have incurred losses due to a less competitive market, which is a direct result of Google’s misconduct,” a statement issued by their lawyers Geradin Partners and Stek said BRUSSELS: Alphabet’s Google was hit with a 2.1-billion-euro ($2.3...
by AIP Online Bureau | Feb 29, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“We expect strong underwriting profitability to continue supporting the reinsurers’ ratings this year, with price levels and favourable terms and conditions adequately compensating for high claims inflation. Investment income will continue to bolster earnings as...
by AIP Online Bureau | Feb 29, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology
“Surveillance-based business models pose all kinds of problems under the GDPR and it’s time for data protection authorities to stop Meta’s unfair data processing and its infringing of people’s fundamental rights,” Ursula Pachl, deputy...
by AIP Online Bureau | Feb 29, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology
“China’s policies could flood our market with its vehicles, posing risks to our national security,” President Joe Biden said in a statement. “I’m not going to let that happen on my watch.” The Commerce Department will seek comments...
by AIP Online Bureau | Feb 29, 2024 | Eco/Invest/Demography, Indian News, Policy
“This court held that the classification, which disqualifies candidates for having more than two living children, was non-discriminatory and intra-vires the Constitution, since the objective behind the provision was to promote family planning,” the bench, also...
by AIP Online Bureau | Feb 29, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy
`We, direct the Secretary, Department of Health, Union of India to hold a meeting with his counterparts in the State Governments/Union Territories and come with a concrete proposal by the next date of hearing((in the next six week).In the event the central...
by AIP Online Bureau | Feb 29, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
“The resilience of the market is preventing the FPIs from selling aggressively despite attractive bond yields in the US,” said V K Vijayakumar, Chief Investment Strategist, at Geojit Financial Services, recently New Delhi: Foreign portfolio investors who...
by AIP Online Bureau | Feb 29, 2024 | Eco/Invest/Demography, Indian News, Policy
She said the government was looking at expansion in artificial intelligence, space and extending policy support to give a big push to precious metals and semiconductors,” said Union Finance Minister Nirmala Sitharaman New Delhi: The Narendra Modi-led government will...
