insurance

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    Thane Lok Adalat Awards Rs 1 Crore to Security Manager's Family

    Thane, March 15 A Lok Adalat in Thane has settled a motor accident claim, awarding a compensation of Rs 1 crore to the family of an assistant security manager who died in a road accident in 2024, a court official said on Sunday.Principal District Judge SB Agrawal handed over the cheque to the...
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    Shriram Life Targets 20% Growth Despite Regulatory Challenges

    Mumbai, March 13 Shriram Life Insurance expects to end the 2025-26 fiscal year with around 20 per cent growth, even as regulatory changes weigh on the sector, a top official said on Friday.The company will be looking for more partnerships with banks to strengthen its distribution, managing...
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    HDFC ERGO Announces Parthanil Ghosh's Promotion

    New Delhi, March 11 HDFC ERGO General Insurance Company appointed Parthanil Ghosh as Managing Director and Chief Executive Officer (CEO) of the company on Wednesday.The company's board approved Ghosh's elevation to MD&CEO from Executive Director earlier in the day, HDFC ERGO General Insurance...
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    Wipro Secures Multi-Year Deal to Modernize TruStage Operations

    New Delhi, March 11 IT major Wipro announced on Wednesday that it has secured a multi-year contract from TruStage, a US-based insurance and financial services provider, to digitally transform its business operations.The AI-powered, consulting-led engagement aims to modernize TruStage's...
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    Kerala's Development Challenges Highlighted by PM Modi

    Thiruvananthapuram, March 11 – Prime Minister Narendra Modi on Wednesday called for a political shift in Kerala, stating that the state, which he repeatedly referred to as 'Keralam', is at a crucial juncture in the 21st century and needs a "new beginning" beyond the alternating rule of the two...
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    SC Seeks Decision on Monetary Support for Injured Military Cadets

    New Delhi, March 10 The Supreme Court on Tuesday warned that it could summon the defence and finance secretaries if their concerned ministries fail to take a decision on extending monetary benefits to military cadets who became unfit due to disability suffered during their training period.A...
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    Road Accident Compensation: Delhi Tribunal Awards Family Rs 39.13 Lakh

    New Delhi, March 10 A Delhi motor accident claims tribunal has awarded Rs 39.13 lakh in compensation to the parents of a 21-year-old man who died in a road accident in Gurugram in 2020.Presiding officer Deepika Singh was hearing a claim petition filed by the parents of Ved Prakash Pandey, who...
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    Insurance Firm Go Digit Hit with Five-Year GST Demand

    New Delhi, March 7 Go Digit General Insurance on Saturday said it has received a demand notice of approximately Rs 170 crore for short payment of Goods and Services Tax (GST) for nearly five years.The company received a copy of the order from the Office of the Commissioner of GST & Central...
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    DFC Announces $20 Billion Plan to Stabilize Shipping in the Gulf

    Washington, March 7 – The United States has unveiled a $20 billion maritime reinsurance plan aimed at protecting shipping and stabilizing trade through the Gulf region amid tensions linked to the conflict with Iran.The initiative was announced by the US International Development Finance...
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    Delhi Court Orders Rs 1.21 Crore Compensation for Road Accident Victim

    New Delhi, March 6 A Delhi Motor Accident Claims Tribunal has awarded over Rs 1.21 crore in compensation to a woman who suffered amputation of her left leg after a road accident in 2016.Presiding Officer Richa Manchanda was hearing a claim petition filed by Renuka Bisht, a resident of Delhi's...
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    India's Government to Support Exporters Amid West Asia Crisis

    New Delhi, March 6 The government will use all policy tools and support measures to help domestic exporters deal with the ongoing West Asia crisis, Commerce and Industry Minister Piyush Goyal said on Friday.He said that the government has set up an inter-ministerial group to look into the...
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    Regional Turmoil: Civilian Response to Iranian Missile Attacks

    Dubai, February 28 Maya Taneja, a resident of Dubai, panicked after hearing loud explosions and frantically started calling friends and relatives on Saturday.“While I was trying to find out what was happening, I received a call from my brother-in-law in Bahrain. He had also heard explosions in...
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    Jio Financial Services Launches New Features in Finance App

    Mumbai, February 27 Jio Financial Services announced on Friday the expansion of its app to function as a marketplace, which will also sell products from third-party companies.The new JioFinance app, powered by artificial intelligence, machine learning, and neural networks, will eventually...
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    State Government Subsidizes Crop Insurance for Mizoram Farmers

    Aizawl, February 25 Mizoram Agriculture Minister PC Vanlalruata said on Wednesday that work is underway to implement the Centre's crop insurance scheme, with the state government significantly subsidizing the premiums.Speaking in the assembly, Vanlalruata said a State Level Coordination...
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    Mandaviya: Government Prioritizes Dignified Work Environment for Gig Workers

    Union Labour and Employment Minister Dr. Mansukh Mandaviya stated today that the government is fully committed to providing gig and platform workers with a secure, dignified, and improved work environment. He made this statement while addressing the "Powering Inclusive Growth" conference held in...
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    New Joint Venture Appoints Suresh Agarwal to Lead Operations

    New Delhi, February 23 Mahindra & Mahindra Ltd (M&M) and Manulife of Canada announced on Monday the appointment of Suresh Agarwal as the designated Managing Director and CEO for their proposed life insurance joint venture, subject to regulatory approvals.The agreement to establish a 50:50 life...
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    RBI Issues Guidelines on Mis-Selling, Banks Face Stricter Rules

    New Delhi, February 23 Finance Minister Nirmala Sitharaman on Monday strongly criticised banks for mis-selling financial products, including insurance, saying it is a violation of the Bharatiya Nyaya Sanhita (BNS)."Banks should focus on their core business... My biggest concern has always...
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    PM Modi Highlights Actuarial Profession's Role in India's Development

    New Delhi, February 22 – Prime Minister Narendra Modi has extended his congratulations and best wishes to the Institute of Actuaries of India on the occasion of the 25th Global Conference of Actuaries, describing the milestone as a reflection of the organization’s sustained commitment to...
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    PhonePe: From UPI Payments to a Comprehensive Financial Ecosystem

    New Delhi, February 19 Over the past decade, PhonePe has evolved from a pioneering UPI platform into what many consider a "fully diversified fintech platform".With over 65 crore registered users and a merchant acceptance network of more than 4.7 crore, spanning from major cities to remote...
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    AI Solutions Provider Fractal Analytics Posts Initial Trading Decline

    New Delhi, February 16 Shares of Fractal Analytics, a provider of artificial intelligence (AI) solutions, closed at a discount of 7 per cent against the issue price of Rs 900 on its debut trading day on Monday.The stock listed at Rs 876, a decline of 2.67 per cent from the issue price on the...
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