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KARNATAKA HC INSURANCE
SC lays down guidelines on computation of income of motor accident victimsThe Supreme Court has established new guidelines for determining motor accident compensation based on Income Tax Returns. For salaried indi...- Early Diwali for delivery workers; RBI shutters SimplHappy Friday! Rapid delivery platforms are attracting gig workers with new incentives during festive season. This and more in today’s ETtec...
- PhonePe files IPO papers; Tata 1mg funding frenzyPhonePe has confidentially filed its draft IPO papers with Sebi. This and more in today's ETtech Top 5.
- Karnataka bike taxi pilots urge Rahul Gandhi and CM Siddaramaiah to intervene as ban kicks inBike taxi service providers in Karnataka are appealing to political leaders to lift the ban on their operations, which impacts over 100,000...
- Insurance nomination does not override succession laws, says Karnataka HC; calls for clearer legislationThe Karnataka High Court has decided that insurance policy nominees do not have absolute rights over benefits if legal heirs stake a claim....
- Karnataka HC: Insurance claims for bikers can't be reduced for not wearing helmets if claimant not at fault for an accidentThe Karnataka High Court ruled that insurance claims cannot be reduced if a motorcyclist not wearing a helmet is not at fault for an accide...
- Foxconn iPadding up; banks & secured credit cardsHappy Friday! Taiwanese contract manufacturer Foxconn is in talks with the Indian government to assemble Apple iPads locally. We have the d...
- Decoding the digital competition law; Perfios turns unicornIndia’s consumer internet firms have expressed reservations about the ex-ante framework in the proposed digital competition law. This and m...
- Compensation claims in road accidents need not be proven like criminal cases: HCThe High Court of Karnataka has stated that compensation claims in road accidents do not need to be proved like criminal trials. The court ...
- What fintechs want from union budget; MyTeam11 gets relief from Rajasthan HCIndia’s fintech sector had a rocky 2022 thanks to a prolonged funding winter and strict new lending rules from the Reserve Bank of India. L...
- Karnataka HC: Insurer liable even if vehicle lacks fitness certificateIf the insurance of a vehicle was valid as on the date of the accident, then the liability of the insurance company cannot be absolved even...
- Heirs can claim payout after accident victims’ death: Karnataka high courtLegal heirs of a person injured in a vehicle accident have the statutory right to claim compensation after his/her death, the Karnataka hig...
- Married daughters also entitled for compensation: HCKarnataka High Court has held that married daughters are entitled for compensation by insurance companies on the loss of their parents in a...
- Vehicle with no FC and permit; insurer still has to pay compensation: Karnataka High CourtThe HC overruled the judgement of a lower court which had earlier ordered the owner of the school bus to pay compensation to the family of ...
- Paytm IPO & changes in its insurance biz; Delhivery's valuation may reach $5BPaytm's upcoming initial public offering (IPO) — touted as the largest ever in India — is set to value the firm at about $19.5-$20 billion ...
- Why Paytm needs a partnerPaytm, which has been trying to acquire Raheja QBE General Insurance Company for a year, is now looking for a partner for its general insur...
- Banks can choose their own tech providers for digital documentation, government clarifiesThe Ministry of Finance had in August issued a circular to the managing directors and chief executive officers of all commercial banks sayi...
- CPPIB, Allianz-led InvIT in talks to acquire Sadbhav Infra’s 12 road assetsAs on December 2018, listed company Sadbhav Engineering Ltd holds about 69 per cent of SIPL.
- Expect many shocks in Karnataka as parties face tough poll contestMany of the incumbent and former ministers of all parties, too are walking the extra mile to ensure their win stressed by the tough contest.
- Pay accident victim for future loss of income: SCThe SC distinguished between claim for damages and compensation and said damages were given for an injury whereas compensation stood on a s...
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