HDFC Life CEO: Not keen on composite insurance licence
The Morning Standard|July 01, 2024
HDFC Life is not very keen on seeking a composite insurance licence, the amendment bill for which is pending for the approval from the federal lawmakers, but will definitely reenter the health insurance segment when permitted, a top official of the leading life insurer has said.
BENN KOCHUVEEDAN
HDFC Life CEO: Not keen on composite insurance licence

It can be noted that till 2016, life insurers were into the health segment, which has of late became the biggest contributor to the top-line of general insurers since the past two years, overtaking the till then mainstay of motor. Almost all life insurers who had health products still continue to serve existing clients but can't launch new products or hawk existing products to new customers.

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The Morning Standard

6 arrested over Hathras tragedy

TWO days after 121 people died and scores injured in a stampeded in Hathras, the UP Police on Thursday arrested six of the organisers of the 'satsang sabha' of selfstyled preacher Bhole Baba alias Narayan Sakar Hari alias Suraj Pal Jatav.

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1 min  |
July 05, 2024
The Morning Standard

Kerala HC says no criminal case against teacher if intention of beating is to guide

THE Kerala High Court has said a criminal case will not stand against a teacher for beating a student if the intention is to guide the individual towards academic improvement.

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1 min  |
July 05, 2024
The Morning Standard

DU's LLB exam postponed, no reason cited

HOURS before the LLB exams were due to start on Thursday, Delhi University's Faculty of Law released a notice informing students that the tests have been postponed, drawing flak from students.

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1 min  |
July 05, 2024
MUMB-HIGH:FUN IN MAXIMUM CITY
The Morning Standard

MUMB-HIGH:FUN IN MAXIMUM CITY

Dhoni led the victory parade in 2007 with Rohit being one of the youngest members; 17 years later, one of city’s own repeats the feat

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1 min  |
July 05, 2024
Regulatory fairness bedrock of eco progress: CJI
The Morning Standard

Regulatory fairness bedrock of eco progress: CJI

THE judiciary and regulators have to ensure that protecting the economic and financial interests and delivering financial justice in a time-bound manner are as important as delivering social and political justice because financial and regulatory fairness are the bedrock of the economic progress of any nation and is also a key part of the rule of law, Chief Justice of India Dhananjaya Yeshwant Chandrachud has said.

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1 min  |
July 05, 2024
Demerger of Raymond's realty arm: Shareholders to get shares at 1:1 ratio
The Morning Standard

Demerger of Raymond's realty arm: Shareholders to get shares at 1:1 ratio

THE board of Raymond Limited, one of India's top textile companies, on Thursday approved the vertical demerger of its real estate business into its wholly owned subsidiary, Raymond Realty Limited (RRL).

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1 min  |
July 05, 2024
The Morning Standard

NSE caps SME IPO listing gains at 90% over issue price

In its attempt to curb volatility and malpractice, the National Stock Exchange (NSE) has placed an overall capping of 90% over the issue price for small and medium enterprises (SME) IPOs during the special pre-open session.

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1 min  |
July 05, 2024
The Morning Standard

Visa to Chinese technicians for non-PLI beneficiaries

Govt has already decided to allow Chinese nationals in India to work for companies eligible for production-linked incentive PLI) schemes

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1 min  |
July 05, 2024
Putin, Xi advance anti-West alliance at summit in Kazakh
The Morning Standard

Putin, Xi advance anti-West alliance at summit in Kazakh

THE leaders of China and Russia on Thursday urged their allies and partners to resist malign external influence, advancing their shared anti-Western agenda at a regional summit in Central Asia.

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1 min  |
July 05, 2024
The Morning Standard

Truce talks back on table as Hamas sends new ideas

THE Hamas militant group said on Wednesday it had sent new “ideas” to Qatari mediators aimed at ending the nearly nine-month Gaza war.

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1 min  |
July 05, 2024