Shine Jacob, Aathira Varier, Ishita Ayan Dutt

Stories by Shine Jacob, Aathira Varier, Ishita Ayan Dutt

With firefighting behind them, insurers can now shift gears and focus on growth

With firefighting behind them, insurers can now shift gears and focus on growth

Rediff.com   4 days ago

Recent years have been turbulent for the insurance industry due to direct and indirect tax reforms, regulatory overhaul and other external pressures. The events cumulatively slowed growth rate to single digits from the high teens seen earlier.

FinMin: No Directions Given to LIC on Investments

FinMin: No Directions Given to LIC on Investments

Rediff.com   5 days ago

'LIC's investment decisions are taken independently, following strict due diligence, risk assessment and fiduciary compliance.'

Will New Labour Codes Boost Textile Exports?

Will New Labour Codes Boost Textile Exports?

Rediff.com   5 days ago

While the move may give a competitive edge over rivals like Bangladesh in the global market, several industry bodies raised concerns that many state governments may not implement it on the ground.

Fraud Bleeds Insurers Of Rs 10,000 Crore A Year

Fraud Bleeds Insurers Of Rs 10,000 Crore A Year

Rediff.com   6 days ago

These losses increase insurance premiums for customers and reduce insurer margins on the other.

Digital Connexion lines up $11 bn for data centres

Digital Connexion lines up $11 bn for data centres

Rediff.com   27 Nov 2025

Digital Connexion, a joint venture between Brookfield, Reliance Industries and Digital Realty, on Wednesday announced an investment of $11 billion till 2030 for building 1 gigawatt (Gw) state-of-the-art AI-native, purpose-built data centres in Visakhapatnam, Andhra Pradesh.

'Andhra Will Become Gateway Of India For Investment'

'Andhra Will Become Gateway Of India For Investment'

Rediff.com   26 Nov 2025

'We are expecting investment, public and private, of around Rs 40 trillion by 2029.'

Insurers to Spend More on Tech for DPDP Compliance

Insurers to Spend More on Tech for DPDP Compliance

Rediff.com   21 Nov 2025

The DPDP rules, which have come into effect, require companies to implement a data protection and consent management system by November 2026.

Buoyant demand has failed to push steel prices

Buoyant demand has failed to push steel prices

Rediff.com   21 Nov 2025

The Indian steel industry is faced with a paradox: Rising demand and falling prices. Demand continues to surge as user industries gather pace, with the World Steel Association projecting around 9 per cent annual growth for India over 2025 and 2026, the year domestic demand is projected to be almost 75 million tonnes (mt) higher than in 2020.

Pent-up demand boosted retail health insurance segment in October

Pent-up demand boosted retail health insurance segment in October

Rediff.com   19 Nov 2025

Even as non-life insurers reported muted premium growth in October, standalone health insurers saw a robust 38 per cent year-on-year (Y-o-Y) surge. This growth was driven by pent-up demand in the retail health insurance segment.

Andhra To Build India's First Giga-Scale Air Taxi Hub

Andhra To Build India's First Giga-Scale Air Taxi Hub

Rediff.com   19 Nov 2025

The "Sky Factory" will be one of the world's largest for electric vertical take-off and landing (eVTOL), a manufacturing and assembly process to make electric aircraft that can take off, hover, and land vertically. It will put India on the "map of next-generation aviation" and marks one of the most ambitious eVTOL initiatives in the world, said a state government statement.

RE leads charge as Andhra bags Rs 13 trn investment proposals

RE leads charge as Andhra bags Rs 13 trn investment proposals

Rediff.com   17 Nov 2025

Renewables sector stole the show as Andhra Pradesh bagged investments to the tune of around Rs 13.25 trillion during the three-day CII Partnership Summit in Visakhapatnam. The sector accounted for the bulk of Rs 5.33 trillion out of the memorandum of understanding (MoUs) signed during the summit.

Andhra all set for huge investments from Adani Group, Reliance

Andhra all set for huge investments from Adani Group, Reliance

Rediff.com   15 Nov 2025

Adani Group said on Friday it will invest around Rs 1 trillion in various sectors of Andhra Pradesh over the next ten years, deepening its commitment in the state where it will partner with Google for an artificial intelligence (AI) hub in Visakhapatnam.

M&M, Manulife to form life insurance JV with 7,200 crore investment

M&M, Manulife to form life insurance JV with 7,200 crore investment

Rediff.com   14 Nov 2025

Canadian firm Manulife and Mahindra & Mahindra (M&M), an Indian automaker with interests in financial services, have signed an agreement to form a 50:50 life insurance joint venture (JV) with a total capital commitment of up to Rs 3,600 crore each totalling Rs 7,200 crore.

Tata Steel profit surges nearly 4x

Tata Steel profit surges nearly 4x

Rediff.com   13 Nov 2025

Tata Steel on Wednesday reported a 272 per cent year-on-year (Y-o-Y) jump in consolidated net profit, attributable to owners, at Rs 3,101.75 crore in the second quarter of 2025-26 (Q2FY26) led by higher sales volumes in India and planned cost takeouts across geographies.

Ashok Leyland logs record profit

Ashok Leyland logs record profit

Rediff.com   13 Nov 2025

Hinduja Group-led Ashok Leyland has posted a record consolidated net profit of ~820 crore in the second quarter of 2025-26 (FY26), up 7 per cent from ~767 crore during the same quarter last year.

Now You Can Stay In A Lamborghini

Now You Can Stay In A Lamborghini

Rediff.com   13 Nov 2025

Their projects are known for Italian-inspired creative façades with intricate urban elegance.

GST 2.0, Festival Cheer Drove Record Vehicle Sales in October

GST 2.0, Festival Cheer Drove Record Vehicle Sales in October

Rediff.com   11 Nov 2025

Festivals also contribute to the rise in overall automobile retail sales, says dealers association.

Apollo Hospitals Q2 net up 26%

Apollo Hospitals Q2 net up 26%

Rediff.com   7 Nov 2025

Leading hospital chain Apollo Hospitals Enterprises Ltd (Ahel) has posted a consolidated net profit of Rs 477 crore during the second quarter this financial year, up 26 per cent from Rs 379 crore during the same period last financial year.

This MLA Wants Workers To Have The Right To Disconnect

This MLA Wants Workers To Have The Right To Disconnect

Rediff.com   5 Nov 2025

The debate over working hours flared up after Infosys Co-founder N R Narayana Murthy called for 14-hour workdays.

'IOB Bets Big On M&A Financing'

'IOB Bets Big On M&A Financing'

Rediff.com   3 Nov 2025

'This is an area where good lending can happen, and that is one of the priorities for the next quarter.'