Latest News, Updates & Breaking Headlines
Director Vignesh Shivan took to social media to share a deeply emotional post, reflecting on love, family, and gratitude, while coming to terms with his upcoming film Love Insurance Kompany missing its planned Diwali release. Marking the 10th anniversary of his 2015 hit Naanum Rowdy Dhaan, which starred Vijay Sethupathi and now-wife Nayanthara, the filmmaker…
After the removal of GST on insurance from 22 September, all insurance companies passed on the benefits to policyholders. (AI image) Insurance buyers may be feeling happy after the removal of GST, but agents and distributors are feeling the pinch. Insurance companies have reduced the commissions payable to distributors of insurance products to offset the…
Bajaj Finserv has rebranded its insurance businesses as Bajaj General Insurance and Bajaj Life Insurance, launching the campaign “100% Bajaj. Made in India. Made for India. Made by India” to signal its commitment to policyholders, business partners, and expanding insurance penetration. The group has received regulatory approvals from the ROC, CCI, and IRDAI to acquire…
Canara HSBC Life Insurance Company Ltd on Tuesday announced the price band for its upcoming IPO, setting it at the range of Rs 100 to Rs 106 per share, targeting a valuation of about Rs 10,000 crore at the upper end.The insurer’s Rs 2,516-crore public offering will open for subscription on October 10 and close…
MEERUT: A man accused of murdering his first wife, father and mother to claim insurance worth Rs 50 crore has been arrested in Hapur, Uttar Pradesh, after his fourth wife alerted police about a series of suspicious deaths in the family.Vishal Singhal, 37, had already received Rs 1.5 crore in claims and was attempting to…
Health insurance renewals in India have reached record highs in FY26, thanks to the rising popularity of modular, affordable, and high-cover policies, a report by Policybazaar shows.The report highlighted that over the past two years, plans designed with consumer convenience in mind, catering to different ages, city tiers, and pre-existing conditions, have made health insurance…
MUMBAI: Sebi will engage with the government to allow banks, insurance companies and pension funds to invest in non-agriculture commodity derivative markets, its chairman Tuhin Kanta Pandey said on Wednesday.He said the capital markets regulator is also looking at a proposal to allow foreign portfolio investors to trade in non-cash settled, non-agricultural commodity derivative contracts….
Insurers will no longer be able to claim input tax credit (ITC) on Goods and Services Tax (GST) paid on commissions and brokerage for individual health and life insurance policies from September 22, the Central Board of Indirect Taxes and Customs (CBIC) clarified on Tuesday. The move comes ahead of the implementation of the new…
File photo: Finance minister Nirmala Sitharaman (Picture credit: PTI) Finance minister Nirmala Sitharaman has indicated that the Insurance Amendment Bill, which proposes to raise foreign direct investment (FDI) in India’s insurance sector to 100 per cent, is likely to be introduced in Parliament during the upcoming Winter session, which is likely to commence from the…
