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Delhi hotel fire: Probe narrows focus on blocked roof exit, heaters, norm violations and ownership tangleDelhi Police are investigating a devastating hotel fire in Malviya Nagar. Key findings include a blocked roof exit and cooking heaters in g...
Delhi hotel Fire: Who is Lavkesh Bajaj, Malviya Nagar hotel owner, and how did a six-room B&B become a 25-room hotel?Lavkesh Bajaj hotel owner: A devastating fire at Flourish Stay B&B in Malviya Nagar claimed 21 lives. Owner Lavkesh Bajaj is now under inve...
Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
Fintechs trade the wild west for regulatory licencesIndia's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure sustainable growth. Companies like P...
MobiKwik gets RBI nod for NBFC licence, to launch in-house lending armFintech firm MobiKwik has secured a crucial Reserve Bank of India approval for a non-banking financial company license. This paves the way ...
RBI cancels Paytm bank license, to approach high courtThe Reserve Bank of India has taken decisive action against Paytm Payments Bank by cancelling its banking licence. This means that the bank...
Goa court grants bail to Luthra brothers in nightclub forgery case, paving way for releaseSaurabh Luthra and Gaurav Luthra, owners of the Birch by Romeo Lane nightclub, have been granted bail in a forgery case. This follows their...
Dream11 eyes stock broking for next innings after gaming ban cripples core business: ReportDream11 Group, hit by the government’s ban on online money games, is planning a pivot into stock broking to diversify its business. The Ten...
InsuranceDekho secures composite broking licence, to start reinsurance bizInsuranceDekho, a Gurugram-based insurance marketplace, has secured the composite insurance broking licence from IRDAI. Its customers can n...
Covrzy secures insurance broking licence from IRDAIIn May last year, the early-stage venture that focuses on insurance for startups, raised $400,000 in its first round of funding, led by Ant...
Angel One to undertake corporate restructuring, create holding companyAngel One, the country’s third largest stock broker, is set to undertake a major corporate restructuring exercise, according to two people ...
Hero Insurance Broking gets nod for risk, reinsuranceHero Insurance Broking India has acquired a composite broking licence from the Insurance Regulatory and Development Authority of India (IRD...
PhonePe gets IRDAI nod to sell life, general insurancePhonePe has been issued an insurance broking licence from the Insurance Regulatory and Development Authority of India (IRDAI), it said in a...
PhonePe deepens foray into India’s retail insurance sectorLast year, the Bengaluru-based fintech startup had entered the insurtech sector with an insurance corporate agent licence, which allowed th...
PhonePe receives insurance broking licence from IRDAIPhonePe can now distribute insurance policies from all companies across categories thereby helping the firm diversify its offerings while a...
Policybazaar gets insurance broking licence from IRDAIWith this development, the company will surrender its web aggregator licence to Insurance Regulatory and Development Authority of India (IR...
Centrum Group gets insurance broking licence“We have aspiration to emerge as a standalone insurance company, once we build scale in our insurance business,” said Anirudh Jain, head-in...
- Measures to increase savings would be the most important thing to look at in budget: Vaibhav Agrawal, Angel Broking
Vaibhav Agrawal, VP-Research, Angel Broking, in a chat with ET Now talks about the budget and the banking outlook.
- IRDA cancels PNB Principal Insurance Broking licence
Insurance regulator IRDA today said it has cancelled the licence of PNB Principal Insurance Broking pursuant to their request for surrender.