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After Dreamliner Crash, Insurance Cost May Raise Airfare By 2-5%
The aviation insurance industry may consider raising the premium paid by airlines in the next cycle, following the crash of the Air India Boeing 787-8 Dreamliner in Ahmedabad.
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Air India Crash May Be India's Most Expensive Aviation Insurance Claim
In the case of the Dreamliner crash, claims are expected under both the hull and liability sections as the Boeing turned into a ball of fire, killing hundreds of people.
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Fair Trade Regulator Approves Napean's Stake Buy In SBI General Insurance
SBI General Insurance is engaged in the business of providing general insurance products in India. The insurance products offered include motor, health, personal accident, travel, home, aviation, fire, marine, package, construction and engineering and liability insurance.
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Tax For Wealthy, Focus On Poor: Nirmala Sitharaman's Budget In 10 Points
Finance Minister Nirmala Sitharaman raised taxes for the super-rich and hiked duties on fuel, gold and automobile parts in her first Budget on Friday, in measures aimed at tackling a five-year low in growth while tightening fiscal consolidation. To restart investment, Prime Minister Narendra Modi's government also eased FDI in the insurance and avi...
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Budget Proposes More Foreign Investment in Media, Aviation
Union minister NIrmala Sitharaman today indicated the government is ready to relax the norms in Foreign Direct Investment or FDI in sensitive areas like aviation, insurance as well as the media in its efforts to boost the economy.
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Centre Suggests Easing Foreign Investment Norms For Media, Aviation
The government today proposed relaxation in Foreign Direct Investment (FDI) norms for sectors such as media, aviation, insurance, and single brand retail.
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In Budget, Centre Proposes FDI Norm Relaxation In Media, Aviation, Insurance
The government on Friday proposed relaxation in the FDI norms for sectors such as media, aviation, insurance, and single brand retail with a view to attract more overseas investment.
-
Budget 2019 Updates: "Budget Presented With 10 Year Vision In Mind," Says Nirmala Sitharaman
Finance Minister Nirmala Sitharaman, presenting the Union Budget, said that non-resident Indians (NRIs) may get Aadhaar cards on arrival, without the mandatory waiting period. The government is contemplating enhancing foreign direct investment (FDI) in media and aviation sectors, Ms Sitharaman said today while presenting her first budget. Ms Sitha...
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AirAsia India Ties Up With Reliance General Insurance
No-frills carrier AirAsia India has partnered with Reliance General Insurance for providing travel insurance to its flyers.
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ONGC Gets 25% Discount On Premium From United India, GIC Re
Global general insurance prices have been heading south as claims have been lower unlike the previous year wherein claims were higher due to many catastrophes and aviation accidents.
-
Air Insurers Worry After Malaysia Airlines' Latest Crash
Malaysia Airlines' two crashes in less than five months are sending tremors through the aviation insurance market - not least because the carrier's $2.25 billion overall liability policy is mysteriously missing a standard clause that usually limits insurers' payments for search-and-rescue costs.
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Air India Invites Bids for Insurance of 105-Aircraft Fleet: Report
Air India on Wednesday invited bids from Indian companies for renewal of insurance for its entire 105-aircraft fleet worth a whopping $9 billion (Rs 54,000 crore at 1 dollar = 60 rupees), even as it is in the process of acquiring the remaining 13 of the 27 Dreamliners it has ordered.
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Winter session of Parliament: What's on the agenda
All eyes are set on Parliament where the Winter Session will begin today. Among the key reform bills due to be introduced are measures to allow up to 49 per cent foreign investment in local insurance companies and domestic pension funds. Here is the full list of bills that are on the agenda.
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Mamata Banerjee opposes foreign direct investment (FDI) in retail, other sectors
The Trinamool Congress today strongly opposed allowing FDI in key sectors like retail, insurance and aviation arguing that it would be harmful for the people of the country.
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If I was in UPA-II, I would not be celebrating: Kiran Mazumdar-Shaw
The Biocon chairperson slammed the government, saying its "xenophobia is not conducive for foreign direct investment" and that foreign investors were negative on putting their money into India. The scathing remarks came as UPA-II completed three years. “I am deeply disappointed with UPA-II,” she told NDTV.
-
After Dreamliner Crash, Insurance Cost May Raise Airfare By 2-5%
The aviation insurance industry may consider raising the premium paid by airlines in the next cycle, following the crash of the Air India Boeing 787-8 Dreamliner in Ahmedabad.
-
Air India Crash May Be India's Most Expensive Aviation Insurance Claim
In the case of the Dreamliner crash, claims are expected under both the hull and liability sections as the Boeing turned into a ball of fire, killing hundreds of people.
-
Fair Trade Regulator Approves Napean's Stake Buy In SBI General Insurance
SBI General Insurance is engaged in the business of providing general insurance products in India. The insurance products offered include motor, health, personal accident, travel, home, aviation, fire, marine, package, construction and engineering and liability insurance.
-
Tax For Wealthy, Focus On Poor: Nirmala Sitharaman's Budget In 10 Points
Finance Minister Nirmala Sitharaman raised taxes for the super-rich and hiked duties on fuel, gold and automobile parts in her first Budget on Friday, in measures aimed at tackling a five-year low in growth while tightening fiscal consolidation. To restart investment, Prime Minister Narendra Modi's government also eased FDI in the insurance and avi...
-
Budget Proposes More Foreign Investment in Media, Aviation
Union minister NIrmala Sitharaman today indicated the government is ready to relax the norms in Foreign Direct Investment or FDI in sensitive areas like aviation, insurance as well as the media in its efforts to boost the economy.
-
Centre Suggests Easing Foreign Investment Norms For Media, Aviation
The government today proposed relaxation in Foreign Direct Investment (FDI) norms for sectors such as media, aviation, insurance, and single brand retail.
-
In Budget, Centre Proposes FDI Norm Relaxation In Media, Aviation, Insurance
The government on Friday proposed relaxation in the FDI norms for sectors such as media, aviation, insurance, and single brand retail with a view to attract more overseas investment.
-
Budget 2019 Updates: "Budget Presented With 10 Year Vision In Mind," Says Nirmala Sitharaman
Finance Minister Nirmala Sitharaman, presenting the Union Budget, said that non-resident Indians (NRIs) may get Aadhaar cards on arrival, without the mandatory waiting period. The government is contemplating enhancing foreign direct investment (FDI) in media and aviation sectors, Ms Sitharaman said today while presenting her first budget. Ms Sitha...
-
AirAsia India Ties Up With Reliance General Insurance
No-frills carrier AirAsia India has partnered with Reliance General Insurance for providing travel insurance to its flyers.
-
ONGC Gets 25% Discount On Premium From United India, GIC Re
Global general insurance prices have been heading south as claims have been lower unlike the previous year wherein claims were higher due to many catastrophes and aviation accidents.
-
Air Insurers Worry After Malaysia Airlines' Latest Crash
Malaysia Airlines' two crashes in less than five months are sending tremors through the aviation insurance market - not least because the carrier's $2.25 billion overall liability policy is mysteriously missing a standard clause that usually limits insurers' payments for search-and-rescue costs.
-
Air India Invites Bids for Insurance of 105-Aircraft Fleet: Report
Air India on Wednesday invited bids from Indian companies for renewal of insurance for its entire 105-aircraft fleet worth a whopping $9 billion (Rs 54,000 crore at 1 dollar = 60 rupees), even as it is in the process of acquiring the remaining 13 of the 27 Dreamliners it has ordered.
-
Winter session of Parliament: What's on the agenda
All eyes are set on Parliament where the Winter Session will begin today. Among the key reform bills due to be introduced are measures to allow up to 49 per cent foreign investment in local insurance companies and domestic pension funds. Here is the full list of bills that are on the agenda.
-
Mamata Banerjee opposes foreign direct investment (FDI) in retail, other sectors
The Trinamool Congress today strongly opposed allowing FDI in key sectors like retail, insurance and aviation arguing that it would be harmful for the people of the country.
-
If I was in UPA-II, I would not be celebrating: Kiran Mazumdar-Shaw
The Biocon chairperson slammed the government, saying its "xenophobia is not conducive for foreign direct investment" and that foreign investors were negative on putting their money into India. The scathing remarks came as UPA-II completed three years. “I am deeply disappointed with UPA-II,” she told NDTV.
