by AIP Online Bureau | Jan 30, 2023 | Indian News, Life, Non-Life
The general insurance arm’s net profit declined 9 per cent to 278 crore from Rs 304 crore and that of life insurance arm’s too declined 8 per cent to Rs 81 crore from Rs 88 crore. Mumbai:Bajaj Finserv, holding company of Bajaj Group’s financial...
by AIP Online Bureau | Jan 30, 2023 | Indian News, Life
Jagannath, currently zonal manager, South Central Zone, LIC will be succeeding Raj Kumar who will be retiring tomorrow while Pandya will replace Vishnu Pattnaik who will be retiring in March end Year 2023 will see complete change of LIC’s top management, as starting...
by AIP Online Bureau | Jan 30, 2023 | Eco/Invest/Demography, Indian News, Pension & Social Security
The scheme has done very well in the calendar year 2022 by enrolling more than 1.25 crore new subscribers in comparison to 92 lakh new subscriber’s enrolment in the calendar year 2021 Mumbai: Atal Pension Yojana(APY), the flagship social security scheme of the...
by AIP Online Bureau | Jan 29, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Overall, foreign portfolio investors (FPIs) have pulled out Rs 1.21 lakh crore from the Indian equity markets in 2022, following aggressive rate hikes by the central banks globally, particularly the US Federal Reserve, volatile crude, rising commodity prices and the...
by AIP Online Bureau | Jan 29, 2023 | Indian News, Life
According to stock exchange information, LIC made a total investment of Rs 28,400 crore in Adani shares over the last few years. The value of these shares was Rs 72,200 crore before the report of the US short seller triggered a stock price crash over the last two...
by AIP Online Bureau | Jan 29, 2023 | Indian News, Life
Year 2023 will see complete change of LIC’s top management, as starting with Kumar, other three MDs, BC Pattanaik, Mini Ipe and Siddarth Mohanty along with MR Kumar,chairman will be retiring in next six months New Delhi: The Financial Services Institution Bureau...
by AIP Online Bureau | Jan 29, 2023 | Data, Eco/Invest/Demography, Non-Life, Policy
In the road transport and highways sector, 428 out of 724 projects are delayed. In railways, out of 173 projects, 117 are delayed, while in the petroleum sector, 88 out of 158 projects are running behind schedule, as per the latest flash report on infrastructure...
by AIP Online Bureau | Jan 29, 2023 | Eco/Invest/Demography, Indian News, Policy
After tasting success in privatising loss-making Air India in 2021, the progress of PSU sell-off has not been very impressive over the past year, and experts say that with the general election around the corner in 2024, no major disinvestment announcement is expected...
by AIP Online Bureau | Jan 29, 2023 | Indian News, Risk Management
Gautam Adani,Founder of Adani Group Hindenburg Research, a tiny New York firm that specialises in short selling, brought out a scathing report that has led to his group shedding more than USD 50 billion in market value in just two trading sessions and Adani himself...
by AIP Online Bureau | Jan 29, 2023 | Climate, Environment, Renewable Energy, Facts
“Despite uncertainty about the total effect of these disturbances, it is clear that their cumulative effect can be as important as deforestation for carbon emissions and biodiversity loss,” said Jos Barlow, a professor at Lancaster University, UK, and co-author of the...
