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From Reliance Insurance To Housing, Anil Ambani's Troubles Worth Thousands Of Crores
Premises linked to Reliance Group Chairman Anil Ambani were raided by the Enforcement Directorate Thursday morning, emphasising the downfall of the one-time sixth richest man in the world.
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Insurance Firm Not Liable To Pay Compensation For Death In Rash Driving: Top Court
The Supreme Court has said insurance companies are not liable to pay compensation to the families of individuals who die as a result of their own rash and reckless driving.
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Finance Minister Chairs India-UK Investor Roundtable In London
Finance Minister Nirmala Sitharaman has chaired an India-UK Investor Roundtable in London, attracting around 60 UK investors representing various pension funds, insurance companies, banks and other financial institutions.
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SEBI Bans 9 Entities From Market For Generating Illegal Gains Of Rs 21.16 Crore
Markets regulator Sebi has uncovered a front-running scheme involving PNB MetLife India Insurance Company equity dealer Sachin Bakul Dagli and eight other entities, who generated illegal gains of Rs 21.16 crore.
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Rs 1.98 Crore Compensation In Mercedes Hit-And-Run, Car Was Driven By Minor
An insurance company has been directed by the Motor Accident Claim Tribunal (MACT) to pay about Rs 1.98 crore compensation to the parents of a 32-year-old man who was killed in a hit-and-run involving a minor in 2016.
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Insurance Manager Loses Rs 39 Lakh In Education Loan Fraud, Probe On
A Deputy Manager at a general insurance company in Kancheepuram, Tamil Nadu, was duped of Rs 39 lakhs on the pretext of an education loan scam.
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Indian-American Guilty Of 11 Counts Of Defrauding Public Health Insurance Plans Of $4 Million
Kaival Patel created and operated a company called ABC Healthy Living LLC to market compound prescription medications.
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Probe Agency Freezes 119 Bank Accounts Of Patna Builder In Corruption Case
The Enforcement Directorate (ED) has seized 119 bank accounts, 2 luxury vehicles and some insurance policies under anti-money laundering law after raids on promoters of a Bihar-based real estate company that is alleged to have duped home buyers.
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Silicon Valley Bank Resolution Will Bring Relief to Startups in Aftermath of Collapse: Ashwini Vaishnaw
Amid US administration's move to backstop collapsed Silicon Valley Bank's (SVB) deposits, IT minister Ashwini Vaishnaw has said the developments are "reassuring" and will bring relief to startups. "SVB resolution is reassuring. (It) will bring relief to startups," Vaishnaw told PTI.
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Newborn Can Mean Full-Term And Pre-Term Baby: High Court On Insurance
A new born would mean both a full-term baby and a pre-term baby, the Bombay High Court on Wednesday said while directing an insurance company to pay Rs 11 lakh medical expenses incurred by a woman from Mumbai for the treatment of her twin babies.
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Paytm Payments Bank Wins Final RBI Nod, Can Operate as Bharat Bill Payment Operating Unit
Paytm Payments Bank said on Monday that the company had received final approval from the Reserve Bank of India to offer bill payment services in the country. The service can now function as a Bharat Bill Payment Operating Unit (BBPOU) in India, with support for bill payment services of electricity, phone, DTH, water, gas insurance, loan repayments,...
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Supreme Court Paves Way For Demolishing Mumbai's 'National House' Building
The Supreme Court on Thursday paved the way for the demolition of the over 50-year-old "dilapidated" building of the National Insurance Company in Mumbai by refusing to interfere with the Bombay High Court order for razing the structure.
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Patients' Data Given To Insurance Companies? What Centre Told Parliament
The Ayushman Bharat Digital Mission (ABDM) facilitates secure data exchange between intended stakeholders on its network after the patient's consent and no data is shared with any other entity, the Rajya Sabha was told.
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Insurance Contracts Have Very Little Option For Consumers: Supreme Court
Insurance contracts prepared by an insurer have very little option or choice for a consumer, except to sign on the dotted lines, the Supreme Court said on Wednesday.
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Married Women Entitled To Insurance Compensation On Parents' Death: Court
The Karnataka High Court has held that married daughters are entitled for compensation by insurance companies on the loss of their parents in accidents.
-
From Reliance Insurance To Housing, Anil Ambani's Troubles Worth Thousands Of Crores
Premises linked to Reliance Group Chairman Anil Ambani were raided by the Enforcement Directorate Thursday morning, emphasising the downfall of the one-time sixth richest man in the world.
-
Insurance Firm Not Liable To Pay Compensation For Death In Rash Driving: Top Court
The Supreme Court has said insurance companies are not liable to pay compensation to the families of individuals who die as a result of their own rash and reckless driving.
-
Finance Minister Chairs India-UK Investor Roundtable In London
Finance Minister Nirmala Sitharaman has chaired an India-UK Investor Roundtable in London, attracting around 60 UK investors representing various pension funds, insurance companies, banks and other financial institutions.
-
SEBI Bans 9 Entities From Market For Generating Illegal Gains Of Rs 21.16 Crore
Markets regulator Sebi has uncovered a front-running scheme involving PNB MetLife India Insurance Company equity dealer Sachin Bakul Dagli and eight other entities, who generated illegal gains of Rs 21.16 crore.
-
Rs 1.98 Crore Compensation In Mercedes Hit-And-Run, Car Was Driven By Minor
An insurance company has been directed by the Motor Accident Claim Tribunal (MACT) to pay about Rs 1.98 crore compensation to the parents of a 32-year-old man who was killed in a hit-and-run involving a minor in 2016.
-
Insurance Manager Loses Rs 39 Lakh In Education Loan Fraud, Probe On
A Deputy Manager at a general insurance company in Kancheepuram, Tamil Nadu, was duped of Rs 39 lakhs on the pretext of an education loan scam.
-
Indian-American Guilty Of 11 Counts Of Defrauding Public Health Insurance Plans Of $4 Million
Kaival Patel created and operated a company called ABC Healthy Living LLC to market compound prescription medications.
-
Probe Agency Freezes 119 Bank Accounts Of Patna Builder In Corruption Case
The Enforcement Directorate (ED) has seized 119 bank accounts, 2 luxury vehicles and some insurance policies under anti-money laundering law after raids on promoters of a Bihar-based real estate company that is alleged to have duped home buyers.
-
Silicon Valley Bank Resolution Will Bring Relief to Startups in Aftermath of Collapse: Ashwini Vaishnaw
Amid US administration's move to backstop collapsed Silicon Valley Bank's (SVB) deposits, IT minister Ashwini Vaishnaw has said the developments are "reassuring" and will bring relief to startups. "SVB resolution is reassuring. (It) will bring relief to startups," Vaishnaw told PTI.
-
Newborn Can Mean Full-Term And Pre-Term Baby: High Court On Insurance
A new born would mean both a full-term baby and a pre-term baby, the Bombay High Court on Wednesday said while directing an insurance company to pay Rs 11 lakh medical expenses incurred by a woman from Mumbai for the treatment of her twin babies.
-
Paytm Payments Bank Wins Final RBI Nod, Can Operate as Bharat Bill Payment Operating Unit
Paytm Payments Bank said on Monday that the company had received final approval from the Reserve Bank of India to offer bill payment services in the country. The service can now function as a Bharat Bill Payment Operating Unit (BBPOU) in India, with support for bill payment services of electricity, phone, DTH, water, gas insurance, loan repayments,...
-
Supreme Court Paves Way For Demolishing Mumbai's 'National House' Building
The Supreme Court on Thursday paved the way for the demolition of the over 50-year-old "dilapidated" building of the National Insurance Company in Mumbai by refusing to interfere with the Bombay High Court order for razing the structure.
-
Patients' Data Given To Insurance Companies? What Centre Told Parliament
The Ayushman Bharat Digital Mission (ABDM) facilitates secure data exchange between intended stakeholders on its network after the patient's consent and no data is shared with any other entity, the Rajya Sabha was told.
-
Insurance Contracts Have Very Little Option For Consumers: Supreme Court
Insurance contracts prepared by an insurer have very little option or choice for a consumer, except to sign on the dotted lines, the Supreme Court said on Wednesday.
-
Married Women Entitled To Insurance Compensation On Parents' Death: Court
The Karnataka High Court has held that married daughters are entitled for compensation by insurance companies on the loss of their parents in accidents.
