News for 'National Insurance Company'

Serena Williams shocks fans with 31-pound makeover

Serena Williams shocks fans with 31-pound makeover

Rediff.com22 Aug 2025

The 23-time Grand Slam champion, who retired from professional tennis in 2022, will headline a multi-year national marketing campaign for GLP-1 drugs, a company spokesperson said.

'This Is Why Trump Has Scored'

'This Is Why Trump Has Scored'

Rediff.com24 Oct 2025

'I realised why the farmers and the rural folks are going for Trump. They are so insecure and vulnerable that anybody who is throwing a line of hope to them, they seize it.'

When FII & DII Buy Big, Should You Too?

When FII & DII Buy Big, Should You Too?

Rediff.com12 Aug 2025

In the Indian stock market, investors are interested in the actions of both domestic and foreign institutional investors (FIIs and DIIs). These groups have wealth as well as expertise in research, which makes them powerful participants in the Indian stock market. Their buy and sell positions have a large effect on stock prices and market sentiment due to the large volume.

20 Million UPI AutoPay Revoked Monthly

20 Million UPI AutoPay Revoked Monthly

Rediff.com15 Sep 2025

'There is a debit execution failure which is because there is not enough money in the user's bank account.'

'This Team Has Been Picked Till The Next World Cup, So We Have To Improve Our Fielding'

'This Team Has Been Picked Till The Next World Cup, So We Have To Improve Our Fielding'

Rediff.com25 Sep 2025

Why did SKY give Bangladesh's fielding coach a hug?

As new GST rates kick in, groceries, medicines, cars get cheaper

As new GST rates kick in, groceries, medicines, cars get cheaper

Rediff.com22 Sep 2025

New lower GST rates kicked in from Monday, resulting in a slashing of prices of as many as 375 items ranging from toothpaste and shampoo to cars and television sets, a move seen as an attempt to boost consumption to cushion an economy facing tariff headwinds. Tax rates of 5, 12, 18, and 28 per cent have been clubbed into two rates of 5 per cent and 18 per cent, resulting in a reduced price of 99 per cent of daily use items.

GST, 'bachat', 'swadeshi' in Modi's address amid Trump threats

GST, 'bachat', 'swadeshi' in Modi's address amid Trump threats

Rediff.com21 Sep 2025

Prime Minister Modi urged the people of the country to take pride in selling and buying indigenous goods.

IndiGo gets DGCA extension for Turkish Airlines Boeing 777 lease

IndiGo gets DGCA extension for Turkish Airlines Boeing 777 lease

Rediff.com29 Aug 2025

Aviation watchdog DGCA has granted IndiGo a six-month extension to operate two leased Boeing 777 aircraft from Turkish Airlines, subject to certain conditions. This decision comes after a previous extension and amidst geopolitical considerations.

Govt halts merger of 3 PSU general insurers

Govt halts merger of 3 PSU general insurers

Rediff.com8 Jul 2020

The Rs 12,450 crore capital infusion will enable the three public sector general insurance companies to improve their financial and solvency position, meet the insurance needs of the economy, absorb changes and enhance the capacity to raise resources and improve risk management.

'Goal for Axis Max Life Insurance is to become listed entity'

'Goal for Axis Max Life Insurance is to become listed entity'

Rediff.com17 Feb 2025

'However, this process will take some time. Depending on the approval timeline, it may span a few quarters.'

General insurance employees go on strike against privatisation

General insurance employees go on strike against privatisation

Rediff.com4 Aug 2021

Employees of public sector general insurance (PSGI) companies are observing nationwide one-day strike on Wednesday to protest against intended privatisation of state-owned insurers. The Joint Front of Trade Unions in PSGI companies met on Monday and decided to protest against the decision of the government to privatise PSGI companies. The unions have given a call for one-day strike against the passage of the General Insurance Business (Nationalisation) Amendment Bill 2021 in the Lok Sabha, General Insurance Employees All India Association general secretary K Govindan said. Employees of all four PSGI companies are participating in the day-long strike, he said.

Reliance remains highest-ranked Indian firm on Fortune Global 500 list

Reliance remains highest-ranked Indian firm on Fortune Global 500 list

Rediff.com30 Jul 2025

Billionaire Mukesh Ambani's Reliance Industries has retained its position as the highest-ranked Indian company on the 2025 Fortune Global 500 list, according to the latest rankings released by the publication. The oil-to-telecom-and-retail conglomerate has been ranked at No.88 on the latest list, down from 86th position in 2024.

India Inc growth stuck in slow lane; core earnings shrink in Q1FY26

India Inc growth stuck in slow lane; core earnings shrink in Q1FY26

Rediff.com25 Aug 2025

The more things change, the more they remain the same for corporate India. In the April-June 2025 period (Q1FY26) - for the ninth consecutive quarter - listed companies witnessed only single-digit revenue growth, while their core earnings, excluding other income and one-time gains, contracted for the second time in four quarters. This comes as firms brace for the impact of 50 per cent US tariff on Indian goods.

MPS: FinMin may extend August deadline for PSBs, insurers

MPS: FinMin may extend August deadline for PSBs, insurers

Rediff.com10 Jun 2024

The finance ministry is in favour of extending the August deadline for public sector banks (PSBs) as well as insurance companies to increase their minimum public shareholding (MPS) to the mandated 25 per cent, said a senior government official. "The election results will determine the course of action. "Most likely, those who did not receive an extension to meet the minimum shareholding norm will be granted one," the senior government official said.

Sebi sets up panel to look into 'unbundling' of 'black box' charges by clearing corporations

Sebi sets up panel to look into 'unbundling' of 'black box' charges by clearing corporations

Rediff.com19 Jun 2025

The Securities and Exchange Board of India (Sebi) on Wednesday announced a slew of measures to ease the compliance burden in the stock markets ecosystem, encourage more companies to list on the bourses after reverse flipping to India, and facilitate greater foreign fund flows into government bonds.

'Ample Room For New Entrants In Equity Exchange'

'Ample Room For New Entrants In Equity Exchange'

Rediff.com31 Aug 2025

'Market momentum and investor interest are at unprecedented levels, making this the opportune moment.'

Why govt insurance firms posted such huge losses

Why govt insurance firms posted such huge losses

Rediff.com24 Feb 2019

Multiple reasons accounted for the losses, including manpower crunch and lack of clarity on the merger of National, United and Oriental, reports Namrata Acharya.

2.17 lakh fake notes of various denominations detected in FY25

2.17 lakh fake notes of various denominations detected in FY25

Rediff.com11 Aug 2025

As many as 2.17 lakh pieces of fake notes of various denominations were detected during 2024-25 compared to 2.23 lakh such notes in the previous year, Parliament was informed on Monday. Of this, highest -- 117,722 pieces -- counterfeit notes of 500 [MG (New) Series] were detected in FY25, Minister of State for Finance Pankaj Chaudhary said in a written reply in the Lok Sabha.

'Ok to reduce insurance due to premium?'

'Ok to reduce insurance due to premium?'

Rediff.com29 Nov 2022

Sanjib Jha, CEO, Coverfox Insurance Broking, answers your health and auto insurance related queries.

Cabinet paves way for privatisation of govt-owned insurers

Cabinet paves way for privatisation of govt-owned insurers

Rediff.com29 Jul 2021

The Union Cabinet has approved amendments to the General Insurance Business (Nationalisation) Act, paving the way for privatisation of government-owned insurers. The amendments, approved by Cabinet, will remove the clause for the Centre to hold at least 51 per cent in public sector insurance companies at any given time. It will also have an enabling provision for the transfer of management control from the government to the potential buyer of the public sector insurance company. The finance ministry will move amendments to the insurance Act in the ongoing Parliament session.

NITI Aayog recommends privatising United India Insurance

NITI Aayog recommends privatising United India Insurance

Rediff.com7 Jul 2021

The NITI Aayog has recommended privatisation of state-owned insurer United India Insurance Company as the government aims to move ahead with its new public sector enterprise (PSE) policy for Atmanirbhar Bharat. The policy think tank has suggested that the public sector insurer be considered for privatisation in the banking, insurance and financial services sector, which has been classified as 'strategic' in the PSE policy, said an official. The policy proposes the "bare minimum" presence of government-owned companies in strategic sectors, and privatisation, merger or closure of remaining public sector undertakings (PSUs).

'India Is Critical Hub For GlobalLogic's Operations'

'India Is Critical Hub For GlobalLogic's Operations'

Rediff.com30 Aug 2025

'The scale and depth of talent here plays a central role in core software product engineering for some of the biggest brands in tech.'

IIHL completes acquisition of Reliance Capital

IIHL completes acquisition of Reliance Capital

Rediff.com18 Mar 2025

IndusInd International Holdings chairman Ashok Hinduja on Tuesday announced the acquisition of Reliance Capital, completing the three-year-long resolution process of the debt-ridden company. IndusInd International Holdings Ltd (IIHL) has transferred the bid amount to the escrow account of the lender, and the takeover of the management from the Administrator will happen on Wednesday.

'HELP! Rs 3.48L insurance claim settled at Rs 51k'

'HELP! Rs 3.48L insurance claim settled at Rs 51k'

Rediff.com24 Nov 2022

Sanjib Jha, CEO, Coverfox Insurance Broking, answers your health and auto insurance related queries.

DIIs' dominance on the bourses gets stronger

DIIs' dominance on the bourses gets stronger

Rediff.com11 Aug 2025

After overtaking foreign portfolio investors (FPIs) in market ownership, domestic institutional investors (DIIs) have further solidified their dominance. DII ownership reached a new all-time high of 17.82 per cent as of June 2025, up from 17.62 per cent at the end of March 2025, according to an analysis by Prime Database.

India, UK trade deal will unlock thousands of jobs

India, UK trade deal will unlock thousands of jobs

Rediff.com24 Jul 2025

India and the UK on Thursday inked a landmark free trade agreement (FTA) that will cut tariffs on British whisky, cars and an array of items, besides boosting bilateral trade by around $34 billion annually.

GST 2.0: India's Answer To Trump's Tariffs

GST 2.0: India's Answer To Trump's Tariffs

Rediff.com4 Sep 2025

Simplifying GST rates, removing exemptions, easing disputes, and speeding up refunds can boost investment in India and offer the best reply to Trump's tariffs, observes V S Krishnan, former member, Central Board of Indirect Taxes and Customs.

Life begins at 40: Nation's insurer must now sport a new look

Life begins at 40: Nation's insurer must now sport a new look

Rediff.com1 Dec 2014

Much of the tardy reaction to competition is the result of LIC's legacy.

GoI greenlights bike taxis, over to states

GoI greenlights bike taxis, over to states

Rediff.com4 Jul 2025

While mobility aggregators such as Rapido and Uber have welcomed the decision, gig workers associations and unions remain concerned.

Your Health Insurance Queries Answered

Your Health Insurance Queries Answered

Rediff.com6 Jul 2021

Roopam Asthana, CEO and whole-time director, Liberty General Insurance Ltd, will answer your queries on HEALTH insurance and AUTO insurance.

Time India Learnt From China Playbook

Time India Learnt From China Playbook

Rediff.com20 Aug 2025

If India caves in to US pressure as Trump hopes it will, he will further try to blackmail it into submission, points out Ramesh Menon.

On the govt's table: PSU general insurance consolidation

On the govt's table: PSU general insurance consolidation

Rediff.com8 Jun 2019

'The plan is to secure nod of the Union Cabinet and other relevant regulatory approvals within the next three months,' a senior finance ministry official said, requesting anonymity.

LIC picks up Adani Ports' entire Rs 5K cr issue

LIC picks up Adani Ports' entire Rs 5K cr issue

Rediff.com30 May 2025

State-owned Life Insurance Corporation (LIC) on Thursday entirely subscribed to the Rs 5,000 crore bond issue of Adani Ports and Special Economic Zone (APSEZ) at a coupon rate of 7.75 per cent, said sources privy to the development.

Nationwide strike over labour reforms, MSP may hit key sectors

Nationwide strike over labour reforms, MSP may hit key sectors

Rediff.com8 Jul 2025

Over 25 crore workers across India are set to strike against new labour codes and privatisation, potentially disrupting banking, postal, and other essential services.

Bharti Space to invest $36 million in French satellite major Eutelsat

Bharti Space to invest $36 million in French satellite major Eutelsat

Rediff.com21 Jun 2025

As part of a plan to refinance debt and expand its upcoming constellation of satellites, French satellite major Eutelsat Communications will raise euro 1.35 billion, or $1.55 billion, through a reserved capital increase and a rights issue, the company announced on Friday. Bharti Enterprises' space venture, Bharti Space Ltd, will invest euro 31.4 million, or $36 million, in the capital raise.

Generic industry unlikely to be affected by Trump's EO: Indian drug cos

Generic industry unlikely to be affected by Trump's EO: Indian drug cos

Rediff.com14 May 2025

A fresh US executive order (EO) which seeks to bring down prices of prescription drugs in the country by up to 90 per cent -- on par with other developed nations -- will affect innovator companies, while sparing the Indian generic drug makers in the short term. US President Donald Trump signed the EO on Monday, directing the US Trade Representative and the Secretary of Commerce to act against foreign countries that "purposefully and unfairly undercut market prices", driving price hikes in the US.

Why Are Bankers Committing Suicide?

Why Are Bankers Committing Suicide?

Rediff.com13 Aug 2025

In the past 10 years, over 500 PSB officers have died by suicide. When targets are overwhelming, senior management and customers are both impatient, and there is constant fear, not every banker has the resilience to survive and thrive, warns Tamal Bandyopadhyay.

'Can I buy two insurance policies for a car?'

'Can I buy two insurance policies for a car?'

Rediff.com23 Sep 2022

Sanjib Jha, CEO, Coverfox Insurance Broking answers your health insurance related queries.