by AIP Online Bureau | Jun 16, 2026 | Health, Indian News, Policy, Regulation
The government has now removed cough syrups from the exemption list, while allowing pills, tablets and lozenges to remain on it, according to a government notification dated June 15. New Delhi:India has restricted cough syrup sales to licensed pharmacies especially...
by AIP Online Bureau | Jun 16, 2026 | Eco/Invest/Demography, Indian News, Reinsurance
DIPAM Secretary shared the development via X on Tuesday, adding “Offer for Sale in General Insurance Corporation of India received an enthusiastic response from the investors on day one and was oversubscribed 3.72 times. Government has decided to exercise the...
by AIP Online Bureau | Jun 16, 2026 | Indian News, Risk Management, Technology
The case stems from a 2019 lawsuit filed in Dallas federal court by DXC’s predecessor, Computer Sciences Corporation, which accused TCS of hiring around 2,200 Transamerica, another insurance company, employees and using their inside access to build a rival...
by AIP Online Bureau | Jun 15, 2026 | Indian News, Technology, Wealth Management/ Philanthropy
It is expected to launch its IPO between June 19 and June 23, with the issue size estimated at Rs 2,000 crore, said sources Mumbai Mumbai based insurtech startup Turtlemint Fintech Solutions, connecting insurace advisors, customers and insurance company for offering...
by AIP Online Bureau | Jun 15, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
News of a long-awaited agreement between the US and Iran and the prospect of ending a double blockade drove Brent oil futures down almost 5%. But those ferrying crude and gas around the world are still questioning what exactly a reopening — which US President Donald...
by AIP Online Bureau | Jun 15, 2026 | Eco/Invest/Demography, International News
Even the possibility of mines could deter companies. A supertanker and its cargo of crude are worth about $300 million, so war risk underwriters, oil and tanker companies would need assurances that passage is safe before they attempt to pass through the strait,...
by AIP Online Bureau | Jun 15, 2026 | Eco/Invest/Demography, Indian News, Reinsurance, Wealth Management/ Philanthropy
The Secretary, Department of Investment and Public Asset Management, under Finance Ministry, wrote on its official X account, “Offer for Sale of equity in General Insurance Corporation of India (GIC) opens tomorrow for non-retail investors. Retail investors can bid on...
by AIP Online Bureau | Jun 15, 2026 | Workplace/Employee Benefits
advisors, customers and insurance companies, allowing users to compare and purchase insurance products across health, life and motor segments. Read...
by AIP Online Bureau | Jun 15, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries, Regulation
The regulator also laid out a broad definition of mis-selling, which includes practices such as offering products that are unsuitable for the customer, providing misleading or inaccurate information, selling products without obtaining explicit consent from the...
by AIP Online Bureau | Jun 15, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Trump said the Strait of Hormuz, a major shipping route for global oil and gas supplies that Iran has effectively shut for months, would open on Friday, and that he had ordered the end of a U.S. blockade of Iranian ports. DUBAI/BEIRUT:The U.S. and Iran said they...
