insurance sector

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    India's Insurance Ecosystem Gains Resilience with New Reinsurance JV

    New Delhi, March 26 Jio Financial Services Ltd (JFSL) and Allianz Group, through its wholly-owned subsidiary Allianz Europe BV, announced on Thursday that their reinsurance joint venture has commenced operations.Allianz Jio Reinsurance Ltd is authorized to underwrite reinsurance in India with...
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    Infosys Expands Healthcare and Insurance Capabilities with Acquisitions

    New Delhi, March 26 Infosys has announced plans to acquire healthcare digital transformation company Optimum Healthcare IT and insurance consulting technology company, Stratus, for a total amount of approximately ₹5,260 crore.Infosys will acquire Optimum Healthcare IT for up to USD 465...
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    State Consumer Courts Struggle with Vacancies and Case Overload

    New Delhi, March 18 – A report highlighting the massive vacancies and mounting case backlog in consumer grievance redressal systems across the country, says the system's effectiveness is being undermined. The report, based on assessments of consumer court functioning from 2021 to 2025, found...
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    India's Railway, Insurance, and Rural Development Budgets Under Scrutiny

    March 17, New Delhi: The Indian Parliament continued its Budget session on Tuesday. In the Lok Sabha, members discussed the demands for grants under the control of the Ministry of Railways for 2026-27. The debate focused on fund allocation for railway projects, modernization, and passenger...
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    Jharkhand Strike Impacts Key Sectors, Normal Life Continues

    Ranchi, February 12 Members of various trade unions staged protests in parts of Jharkhand during the "Bharat Bandh" on Thursday, protesting against the four new labor codes, although normal life largely remained unaffected.The agitators staged demonstrations at the gates of various coal...
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    Nationwide Strike Affects Banking and Coal Sectors

    Ranchi, February 12 Members of various trade unions took to the streets in parts of Jharkhand on Thursday, protesting the four labour codes.The protesters are staging demonstrations at the gates of various coal companies and PSUs as part of the nationwide general strike, called by a joint...
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    Government Unveils New FDI Rules for Insurance Companies

    New Delhi, February 11 The Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry has notified 100 per cent foreign direct investment (FDI) in the insurance sector following the enactment of legislation in this regard.The Government of India...
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    Workers and Farmers to Participate in Large-Scale Protest

    New Delhi, February 9 Services such as electricity, banking, insurance, transport, healthcare, and gas and water supply are likely to be affected across the country on Thursday due to a nationwide strike called by a joint forum of central trade unions.The general strike on February 12 is...
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