News for 'United India Assurance Company'

Nuclear Or Conventional Submarines: What Should India Pick?

Nuclear Or Conventional Submarines: What Should India Pick?

Rediff.com13 Jun 2023

The status of the current submarine force level is alarming and we need to address the threat perceptions expeditiously. Critical decisions pertaining to national security cannot be delayed any further due to the rapidly changing maritime threat perceptions and growing strategic importance of the Indian Ocean region, asserts Commodore Venugopal Menon (retd).

PRISM fallout: Indian agencies put US companies under scanner

PRISM fallout: Indian agencies put US companies under scanner

Rediff.com5 Aug 2013

Indian agencies have put United States-based companies under the scanner following a report that suggests that the US had one server located in India as part of the clandestine mass electronic surveillance data mining PRISM programme.

Adani group has paid off $2.15 bn share-backed loans

Adani group has paid off $2.15 bn share-backed loans

Rediff.com29 Mar 2023

Billionaire Gautam Adani-led promoter group has paid off all of the $2.15 billion loans taken pledging their shares in the conglomerate, and only debt at operating company level remains, Adani Group said seeking to assure investors of its ability to repay debt. Adani Group in a statement termed reports of the group not completing repayment of $2.15 billion share-backed debt "baseless and deliberately mischievous." "Adani has completed full prepayment of margin linked share-backed financing aggregating to $2.15 billion (as was announced on March 12) and all corresponding shares pledged for those facilities have been released," it said.

Govt sets ambitious divestment target for April-September

Govt sets ambitious divestment target for April-September

Rediff.com27 Jun 2017

The previous highest divestment proceeds for the first half of a year was around Rs 21,000 crore in 2016-17.

Bank operations hit as strike enter day 2

Bank operations hit as strike enter day 2

Rediff.com21 Feb 2013

The two-day nationwide strike call, demanding early wage revision among other issues, was given by United Forum of Bank Unions that comprises nine national unions.

176 arrested, 93 FIRs registered over Haryana violence: Govt

176 arrested, 93 FIRs registered over Haryana violence: Govt

Rediff.com3 Aug 2023

A top Haryana government official on Thursday said anyone found responsible for the communal clashes will not be spared and claimed that the situation is fast returning to normal in the state.

HC in fake news rules hearing: If effect of law is unconstitutional it has to go

HC in fake news rules hearing: If effect of law is unconstitutional it has to go

Rediff.com6 Jul 2023

The Bombay high court on Thursday said that no matter how laudable or high the motives are while framing rules, if the effect of a rule or law is unconstitutional then it has to go.

Modi gifts green diamond to Jill Biden

Modi gifts green diamond to Jill Biden

Rediff.com22 Jun 2023

Prime Minister Narendra Modi, who is in the United States for a three-day state visit, has gifted an eco-friendly lab-grown 7.5 carat diamond, placed in Kashmir's exquisite Papier mache box, to First Lady Jill Biden.

Pichai, Nadella support India's fight against COVID-19

Pichai, Nadella support India's fight against COVID-19

Rediff.com26 Apr 2021

Google CEO Sundar Pichai and his Microsoft counterpart Satya Nadella have assured help to India as the country grapples with a ravaging coronavirus crisis that has put enormous pressure on its hospitals due to a shortage of beds, oxygen and medical supplies.

Gujarat bags Foxconn's Rs 1.54 lakh cr semiconductor project

Gujarat bags Foxconn's Rs 1.54 lakh cr semiconductor project

Rediff.com13 Sep 2022

A joint venture of the Indian conglomerate Vedanta and Taiwanese electronics manufacturing giant Foxconn signed a memorandum of understanding with the Gujarat government on Tuesday to set up a semiconductor and display manufacturing unit in the state.

Accept our rates to get cashless plan: Insurers

Accept our rates to get cashless plan: Insurers

Rediff.com15 Jul 2010

Presumably hurt on their balance sheets by the allegedly inflated bills for medical costs of people covered by cashless mediclaim facilities, these insurers have pruned the list of hospitals in four large cities for providing this facility with effect from this month.

Trump ends preferential trade privileges for India

Trump ends preferential trade privileges for India

Rediff.com1 Jun 2019

Prez says that India has not assured the United States that it will provide 'equitable and reasonable access to its markets'.

Opera to open unit in Chandigarh

Opera to open unit in Chandigarh

Rediff.com23 Feb 2006

It is also planning to localise its products depending of the country's market.

20 years of India's insurance sector

20 years of India's insurance sector

Rediff.com19 Sep 2021

Twenty years after India's insurance sector was opened up, unshackling the control of state-owned companies, as many as 50 private players have set up shop. Along with their foreign partners, private players have brought about a sea change in the product offering, distribution and underwriting processes, and services levels. Yet, India's insurance penetration needle has not moved much.

MSMEs caught between a rock and a hard place

MSMEs caught between a rock and a hard place

Rediff.com3 Apr 2023

Politicians and Twitter warriors around the globe have a new buzzword among them: Net zero. Everyone appears to be keen to state their commitment to net zero, with India providing an outlay of Rs 35,000 crore to achieve energy transition and net-zero objectives in its Budget for FY24, even as the latest and final report by the United Nations' Intergovernmental Panel on Climate Change (IPCC) warned that current efforts are not enough to curb global warming. A number of small factory owners and businesses, however, have pointed out that the transition to net-zero emissions will cost them hugely.

Alarm bells over Rs 251 smartphone offer, company raises Rs 75,30,000!

Alarm bells over Rs 251 smartphone offer, company raises Rs 75,30,000!

Rediff.com19 Feb 2016

The number of smartphones booked during the initial hours was 30,000.

50 lakh Covishield doses meant for export to UK to be used in India

50 lakh Covishield doses meant for export to UK to be used in India

Rediff.com8 May 2021

50 lakh doses of 'Covishield' vaccine earmarked by the Serum Institute for export to the United Kingdom have now been made available for the inoculation of 18-44 age group in 21 states/UTs in India, amid a surge in COVID-19 cases, official sources said.

How the world is helping India during its Covid crisis

How the world is helping India during its Covid crisis

Rediff.com26 Apr 2021

India is struggling with a second wave of the pandemic with more than 3,00,000 daily new coronavirus cases being reported in the past few days, and hospitals in several states are reeling under a shortage of medical oxygen and beds.

Will Oppn attack on govt over Adani issue paralyse Parliament this week too?

Will Oppn attack on govt over Adani issue paralyse Parliament this week too?

Rediff.com5 Feb 2023

Congress general secretary (communications) Jairam Ramesh said they will pose three questions a day to Prime Minister Narendra Modi over the issue.

Shinde had invited Vedanta-Foxconn to sign MoU on July 29

Shinde had invited Vedanta-Foxconn to sign MoU on July 29

Rediff.com16 Sep 2022

The Vedanta team held a meeting with Shinde, Fadnavis and top officials on July 26, he said.

Merger plan for 3 insurance majors shows govt concern over tackling Modicare

Merger plan for 3 insurance majors shows govt concern over tackling Modicare

Rediff.com4 Feb 2018

The change in policy for the three companies, from listing to merger, shows the level of discomfort within the government about their ability to take on the expanded load for insurance coverage with their current financial strength, including the massive premium and claim settlement cover under the proposed universal health coverage plan announced in Budget 2018.

Walmart penalised for violating US anti-corruption norms in India

Walmart penalised for violating US anti-corruption norms in India

Rediff.com21 Jun 2019

Walmart agreed to pay more than $ 144 million to settle US Security and Exchange Commission's charges and approximately $ 138 million to resolve parallel criminal charges by the Department of Justice for a combined total of more than $ 282 million.

6 killed in boiler explosion at TN power plant

6 killed in boiler explosion at TN power plant

Rediff.com1 Jul 2020

The mishap occurred at the fifth unit of the thermal power station-II (210 MW x 7) when workers were in the process of resuming operations on Wednesday morning.

Tesla eyes India plant, seeks relief

Tesla eyes India plant, seeks relief

Rediff.com16 Jun 2017

Elon Musk's likely referring to waiver of 30% local sourcing norm for setting up single-brand retail

Sitharaman on Adani fallout: Regulators will look into it

Sitharaman on Adani fallout: Regulators will look into it

Rediff.com4 Feb 2023

India's economic image is not affected due to Adani Group's recent decision to pull out Rs 20,000 crore FPO (follow-on public offers) amid allegations of financial wrongdoings, Finance Minister Nirmala Sitharaman said on Saturday.

Mallya will get western loo in jail, India tells UK court

Mallya will get western loo in jail, India tells UK court

Rediff.com1 Aug 2018

Five photos of western style toilets were presented to convince the court that acceptable standards would be extended to Mallya.

LIC AUM rose Rs 1 trn from March-Sep '21

LIC AUM rose Rs 1 trn from March-Sep '21

Rediff.com10 Feb 2022

Initial public offering (IPO)-bound Life Insurance Corporation (LIC) of India's assets under management (AUM) increased to Rs 38 trillion as of September 2021, compared with Rs 37 trillion as of March 2021, said sources in the know. Its AUM is almost 3x the AUM of all the private life insurers in the country and over 15x more than the AUM of the second largest life insurer, SBI Life, as of September 2021. SBI Life's AUM was approximately Rs 2.4 trillion as of September 2021, said sources.

Modi ji, dariye mat, name China: Cong on Tawang clash

Modi ji, dariye mat, name China: Cong on Tawang clash

Rediff.com13 Dec 2022

The Congress alleged that whenever an issue of national security comes up, the "prime minister hides behind his ministers".

Is India's economy crashing?

Is India's economy crashing?

Rediff.com3 Jan 2020

'Defence funding is channelled to State-owned research organisations where scientists are merely bureaucrats holding meetings and sending out minutes of meetings and press releases, but have long ago stopped any innovative work.' 'Unless this tragedy is fixed, India's chances to create world-conquering and job-creating new industries are slim,' says Ajit Balakrishnan.

Why you must insure your smartphone

Why you must insure your smartphone

Rediff.com6 Jan 2017

The smartphone has become our buddy and we owe it a good insurance policy to ensure it's protected at all times, says Naval Goel

Intolerance, anger reign supreme in India: Rahul

Intolerance, anger reign supreme in India: Rahul

Rediff.com12 Jan 2019

Gandhi, who is in the United Arab Emirates on the second day of his maiden visit to the country, said India did not force one idea on the people and can absorb multiple ideas.

How Xiaomi passed the Covid lockdown test

How Xiaomi passed the Covid lockdown test

Rediff.com16 Apr 2021

'One out of three phones sold in India is a Xiaomi phone.'

ASK AJIT: 'Accumulate', 'Hold' Or 'Exit'?

ASK AJIT: 'Accumulate', 'Hold' Or 'Exit'?

Rediff.com11 May 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries

Will Toyota cars in India face a recall?

Will Toyota cars in India face a recall?

Rediff.com23 Oct 2015

Toyota had announced a global recall of 65 lakh vehicles to rectify a power window glitch, which could lead to fire risk.

Make in India, PM likely to tell Tim Cook

Make in India, PM likely to tell Tim Cook

Rediff.com20 May 2016

Getting an assurance from the Apple CEO on manufacturing in India will mean much to the NDA government.

Amid row, Vedanta chief explains why Gujarat was chosen over Maha

Amid row, Vedanta chief explains why Gujarat was chosen over Maha

Rediff.com15 Sep 2022

Mining magnate Anil Agarwal has said Gujarat was picked over Maharashtra for the Vedanta-Foxconn's Rs 1.52 lakh crore semiconductor project based on 'professional and independent' advice, as the political row in Maharashtra over the facility escalated on Thursday.

Bezos says Amazon to invest additional $3 billion in India

Bezos says Amazon to invest additional $3 billion in India

Rediff.com8 Jun 2016

Total committed investment in India now is over $5.

What is Biden trying to tell India?

What is Biden trying to tell India?

Rediff.com30 Jul 2021

It is difficult to recall an Indian minister in modern times pushing back at the US publicly, observes Ambassador M K Bhadrakumar.

Infosys to set up software development centre in Kolkata: Mamata

Infosys to set up software development centre in Kolkata: Mamata

Rediff.com1 Dec 2020

IT services giant Infosys will start construction of a proposed software development centre in the metropolis by July 2021, West Bengal Chief Minister Mamata Banerjee said on Tuesday. The project will generate massive employment in the IT sector, she said after a cabinet meeting at the state secretariat.

Isro and India's e-vehicle dream

Isro and India's e-vehicle dream

Rediff.com17 Jul 2017

In view of cost, these vehicles will justify deployment only as public buses, taxis, three-wheelers