Shriram General Insurance expects minimal impact on its motor third-party portfolio from the Supreme Court’s recent recognition of unpaid domestic work’s economic value, as the company continues its growth trajectory driven by motor premiums and strategic expansion. Shriram General Insurance…
A South Delhi consumer commission has held National Insurance guilty of denying a theft claim unjustly, ordering the insurer to pay over Rs 2 lakh along with interest and compensation, amid a broader trend of stricter insurer accountability. A South…
ICICI Lombard launches India’s first motor cyber insurance to protect connected vehicle users from cyber threats, hacking, and digital theft, recognising the rising digital vulnerabilities of modern automobiles. ICICI Lombard has launched what it describes as India’s first motor cyber…
India’s National Payments Corporation has affirmed that routine UPI transactions will continue to be free for users, addressing concerns over potential future charges while clarifying the system’s funding and fee structure. India’s National Payments Corporation has moved to calm fears…
The recent data breach at Bank of Baroda, linked to an employee email compromise, highlights the escalating cyber threats facing Indian lenders and stresses the need for enhanced digital resilience across the banking industry. The Bank of Baroda data breach…
The Reserve Bank of India has implemented stricter guidelines for lenders to prevent coercive practices and harassment during debt collection, aiming for fairer treatment of borrowers amidst growing concerns over recovery tactics. The Reserve Bank of India has moved to…
India’s recent surge in corporate investment focuses heavily on digital infrastructure such as data centres and AI, while domestic consumer spending remains subdued, signalling a capital-intensive growth phase ahead. India’s latest wave of corporate investment is being shaped less by…
Power Finance Corporation reports marginal growth in net profit for June quarter, announces higher interim dividend, as its proposed merger with REC Ltd. advances through regulatory approvals, signalling strategic consolidation in Indian state-owned finance sector. Power Finance Corporation Ltd said…
Punjab-based Behari Lal Engineering sets price band for its IPO at ₹271 to ₹285 per share, planning to raise ₹93 crore to fund new machinery, solar panels, and expansion, as it prepares for listing on BSE and NSE. Behari Lal…
India is reviewing its model Bilateral Investment Treaty to better protect its companies investing overseas, marking a significant shift from traditional focus on attracting foreign investment to safeguarding outbound capital amid rising Indian overseas investments. India is reviewing its model…
