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R1 LICENCE
Profit on paper, loss in reality: How a routine accounting tool is used to deceive and take investors for a rideAmortisation is a number most investors skip, but it can shape reported profit. On the surface, it looks routine: A company spreads the cos...- Man bought demo car at big discount, RTO officer seized it citing Rs 60 lakh road tax dues; Karnataka HC gives relief to car ownerA Bengaluru RTO officer unlawfully seized Mr. Rama's demo car, leading to a zero FIR and charges of fraud. The Karnataka High Court quashed...
- Oxford University strikes new malaria vaccine pact with Serum Institute of IndiaOxford University and Serum Institute of India are collaborating on a new malaria vaccine, R78C. This partnership aims to create a more eff...
- Boost R&D or lag in 6G race, MoS Chandra Sekhar Pemmasani tells telcos as revenues surgeMinister Chandra Sekhar Pemmasani urged Indian telecom operators to boost R&D spending to shape next-generation mobile networks, noting the...
- War preparedness: Why India must spend smarter, not just moreIndia's journey towards a modernized defense sector is fraught with obstacles. While military budgets are on the rise, the country's over-d...
- Dhurandhar 2 in trouble? Aditya Dhar’s nearly Rs 2,000 cr blockbuster hit with lawsuit over 'Tirchi Topiwale' useDhurandhar 2, a box office hit, is facing a legal challenge over music rights. Trimurti Films has filed a lawsuit against B62 Studios, alle...
- M Pallonji Group gets IRDAI’s R1 nod for general insurance ventureThe M Pallonji Group has received R1 approval from IRDAI for its general insurance venture, partnering with Divya Sehgal and Federal Bank. ...
- Three arrested as police bust alleged illegal LPG racket in Delhi, 45 Bharat Gas cylinders recoveredAccording to Deputy Commissioner of Police, South-West District, in a significant operation, the staff of PS Palam Village has successfully...
- Qatar Group, Cosmea and a few others team up for general insurance venture"The JV has applied for a preliminary licence to the regulator and it will start with more than ₹300 crore of initial investment," said a s...
- 10 banks offering cheapest gold loan interest rates right nowA gold loan is a loan where the borrower gives a specified amount of gold in exchange for a loan amount (called loan-to-value or LTV) for a...
- With R1 licence, Indiabulls takes 1st step towards general insuranceThe basic criteria and promoter due diligence is approved in R1.
- Irda asks Indiabulls to bring in Rs 1,200 crore investments for life insurance licenceRegulator’s board to meet today and may clear Indiabulls Life Insurance’s R1 licence.
- IRDAI clears different licences to new playersIrdai in its board meeting held on March 3 has cleared different level of regulatory clearances to the new companies intending to enter cou...
- Delhi-based mortgage firm DHFL to expand its footprint in insuranceThe nearly Rs 1 lakh-crore general insurance business has been profitable for many firms, which have been given pricing flexibility by the ...
- Vodafone seeks licence extension for Delhi, Mumbai and KolkataThe telecom operator has sought the extension under clause 4.1 of the licence agreement under which the government can extend the period of...
- DoT optimistic of finalising unified licence norms by December-endThe Department of Telecommunications is optimistic of finalising guidelines for unified licence regime by December.
- Videocon general insurance to get R2 license by December endVideocon General Insurance is likely to get R2 licence by the end of this month.
- L&T General Ins plans to start operations in next 3-5 monthsL&T General Insurance is readying to launch its operations in the next 3-5-months, a top company official said.
- Aegon Religare Life Insurance gets initial nod from IRDAAegon Religare Life Insurance Company on Tuesday said that it has received the initial approval - R1 licence from the IRDA to operate in th...
- Third-party insurance can't be claimed if licence has no endorsement: HCMadurai Bench of the Madras High Court on Saturday ruled that insurance companies were not liable to pay third-party insurance amount in a ...
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