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2 mins read

Govt may infuse capital in PSU general insurers in Q4 based on performance

Finance Ministry would consider capital infusion in three loss-making public sector general insuran…

PTI   


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2 mins read

Orient Technologies files draft papers with Sebi to mop-up funds via IPO

Over the years, the company has developed deep expertise in creating products and solutions…

PTI   


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General insurance PSUs wage hike issue: govt to brief unions today

With talks on wage revision on between the unions in the public sector general and reinsurance comp…

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1 min read

58,000 PSU general insurance employees go on strike seeking pay revision

About 58,000 employees in the government owned general insurance and reinsurance companies are on s…

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3 mins read

Budget 2024 expectations: From removal of security transaction tax to sovereign green bonds

The FY 2025 budget is around the corner and it is expected that Finance Minister Nirmala Sitharaman…

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3 mins read

It’s not banks but insurance that the retail investors now fancy

Retail investors are betting on India’s top-down approach, shows the latest data released by AMFI (…

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2 mins read

Kotak Mahindra Bank has small exposure to Adani; issues afflicting group more valuations-oriented

Private sector lender Kotak Mahindra Bank has a "small exposure" to the embattled Adani Group which…

PTI   


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The much awaited mega-IPO of LIC could be delayed, says Fitch

The Indian government's proposed IPO of state-owned Life Insurance Corporation of India (LIC) will …

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1 min read

Cabinet okays ₹12,450 crore recap of the Oriental Insurance Company, the National Insurance Company and the United India Insurance Company.

The Union Cabinet on Wednesday approved capital infusion of Rs 12,450 crore for three state run ins…

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4 mins read

Jobs market outlook 2023: Specialised IT, telecom and service-oriented sectors to drive hiring

The festive-season momentum of increased hiring in retail, e-commerce, and BFSI sectors will likely…

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6 mins read

High surrogacy costs and insurance denials for IVF treatment have forced gay couples to crowdfund to have kids

Crowdfunding is a last resort for gay couples desperately wanting kids, with insurance companies de…

Joshua Zitser   


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1 min read

Insurance policies where premium is above ₹5L no more tax exempt

Insurance policies where the premium is over Rs 5 lakh will no longer be tax exempt, as per the pro…

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1 min read

Oriental Insurance needs Rs 3000 cr capital: CMD

"Oriental Insurance needs around Rs 3000 crore ascapital to meet the company's growth plans for the…

PTI   


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Life insurance stocks fall up to 10% after Budget pushes for new tax regime

Life insurance stocks sold off heavily after the Union Budget pushed for a new tax regime and curta…

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2 mins read

New general insurance law will allow the government to privatise some state-owned insurers

The General Insurance Business (Nationalisation) Amendment Bill, 2021 was passed by the Rajya Sabha…

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8 mins read

Here’s why Future Generali India Insurance focuses more on a right-brained marketing approach to engage with its consumers

Ruchika Malhan Varma, CMO, Future Generali India Insurance talks about the brand's larger marketing…

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2 mins read

58,000 PSU general insurance employees to go on a 2-day strike seeking wage revision

Over 58,000 employees in the public sector general insurance companies will go on a 2-day strike on…

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2 mins read

SBI, Canara Bank and United India to reimburse COVID-19 vaccine cost

On the other hand, city-based United India General Insurance Company Ltd. will reimburse the v…

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1 min read

Did you know Akshay Kumar had got accident insurance worth Rs 35cr for his ‘Holiday’?

The superstar has recently started shooting for ‘Airlift’ and has got for himself a personal insura…

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5 mins read

Bank unions strongly oppose divestment, a bad bank and threaten to strike

Banking unions aren’t happy with the government’s plans to divest stake in public sector banks (PSB…