Economy

Chennai:  The General Insurance (GI) Council, a lobby body of the non-life insurers in India is looking out for a new Secretary General. The GI Council is a self regulatory body constituted under Section 64C of the Insurance Act…
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New Delhi:  Observing that not only were the investors and home buyers duped but the economy of the entire sector got affected leaving the registered buyers without any effective remedy, the Delhi High Court has denied bail to former…
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New Delhi: After record-high levels of IPO activity in 2021, volatile market conditions have resulted in a significant slowdown during the first quarter of 2022. In Q1 2022, the Indian market introduced 16 IPOs vs 23 IPOs in Q1 2021,…
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Speaking on the condition of anonymity, IRDAI officials told IANS: "Recently Chief General Manager Mamta Suri was promoted as Executive Director. The Telangana High Court had recently held that she does not have the requisite…
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New Delhi:  Technology services major Capgemini on Monday said it has acquired Chappuis Halder & Cie (Chappuis Halder), a global strategy and management consulting firm, for an undisclosed sum. Headquartered in Luxembourg in Europe,…
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New Delhi: Adani Group's unit AMG Media Networks will buy a 49 per cent stake in Raghav Bahl-run digital business news platform Quintillion Business Media for an undisclosed sum, a regulatory filing to the exchanges said. The Adani Group…
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New Delhi:  The Internet and Mobile Association of India (IAMAI) on Monday urged the GST Council to continue maintaining the GST on online gaming at 18 per cent and any further increase will hamper the overall wellbeing of the industry.…
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New Delhi:  Brokerage house Swastika Investmart anticipates that LIC is likely to have a "flat" listing. The brokerage's rationale behind the anticipation is based on the current market situation such as increased inflation statistics,…
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Chennai: Clarification on import duty waiver on cotton till September 30, reduction in margin money demanded by bankers for cotton purchases and mandating cotton and yarn stock declaration by spinning mills, are the requests of Tamil Nadu…
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New Delhi:  Snapping their six straight session losses, Indian equity indices rose in opening deals on Monday, possibly due to value buying at lower levels. At 9.51 a.m., Sensex was 1.0 per cent or 513 points up at 53,307 points, whereas…
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