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CLAIM SETTLEMENT RATIO OF ACKO
Bank of Baroda to pay $600 million to settle NMC Health insolvency claimsBank of Baroda has agreed to a $600 million settlement with administrators of the insolvent NMC Health Plc. The bank faced allegations of g...03 Jul, 2026, 09.01 AM IST- New EPFO rules mandate 3-day PF settlements, simplify withdrawalsGovernment revamps EPFO rules, mandating PF claim settlements within three days and imposing a 12% penal interest on officials for delays. ...03 Jul, 2026, 12.54 AM IST
- Bank of Baroda settles NMC Health dispute for $600 million; Q1 credit grows 17%Bank of Baroda has settled a significant legal dispute with NMC Health entities for USD 600 million, resolving claims under UAE and UK regu...02 Jul, 2026, 04.23 PM IST
- EPS 2026 replaces EPS-71, EPS-95: What has changed in new EPFO pension scheme and what remains the sameA new Employees' Pension Scheme, 2026, has replaced earlier pension schemes, effective June 29, 2026. While core benefits like the pension ...02 Jul, 2026, 01.48 PM IST
- EPFO's new social security rules tighten claim timelines, mandate digital complianceNew social security schemes under the Code on Social Security are now in effect, prioritizing digital compliance and faster claim settlemen...02 Jul, 2026, 12.41 PM IST
- NuVentures invests in the US-based LinqAlpha, an AI-powered investment research firmFounded by former MIT PhDs and Golman Sachs Analysts Jacon Choi, Subeen Pang, Jin Kim, and Hojun Choi in 2023, the startup uses AI agents t...02 Jul, 2026, 11.18 AM IST
- NPCI partners with HSBC India & JP Morgan Payments to enable real-time FX settlement for international UPI paymentsIndia's UPI is set for a global upgrade! The National Payments Corporation of India (NPCI) has partnered with HSBC India and J.P. Morgan Pa...01 Jul, 2026, 01.05 PM IST
- Bombay High Court grants relief to Vadilal Mumbai branch in dispute over brand rightsThe Bombay High Court has granted interim protection to the Mumbai branch of Vadilal ice cream, recognizing its long-standing rights to the...30 Jun, 2026, 10.02 PM IST
- Corporate debt-servicing capacity improves, but share of vulnerable firms rises in Q4 FY26: RBIIndian companies are showing improved debt-servicing capabilities, with the interest coverage ratio reaching a two-year high of 6.5 in Marc...30 Jun, 2026, 09.53 PM IST
- 'Creditors can't seek claims beyond okayed resolution plan'Creditors seeking duplicate recoveries from group companies after a resolution plan is finalized will be disappointed, the NCLT ruled. JM F...30 Jun, 2026, 12.30 AM IST
- EPFO 3.0 promises a digital PF experience, but can it fix years of legacy problems?EPFO 3.0 aims to modernize provident fund services through upgraded technology, faster claim processing, simplified withdrawals, digital re...29 Jun, 2026, 12.00 PM IST
- Cold war over ice cream: A three-decade old Vadilal family feud returns to Bombay High CourtA three-decade-old family pact dividing the Vadilal ice cream brand is now a legal battleground. The Mumbai branch has sued the Ahmedabad b...27 Jun, 2026, 10.41 AM IST
- Global Market: US weekly jobless claims drop more than expectedUS unemployment claims saw a sharper-than-expected drop last week, signaling continued labor market strength. Despite this positive sign, a...26 Jun, 2026, 07.57 AM IST
- Alera Group data breach settlement: Americans could get up to $3,500 in settlement payouts-know who’s eligible and the claim deadlineA significant data breach settlement from Alera Group Inc. offers thousands of Americans a chance for compensation, with a filing deadline ...25 Jun, 2026, 07.39 PM IST
- NCLT approves Mantra Properties’ resolution plan for stalled project in WorliThe NCLT Mumbai Bench has approved Pune-based Mantra Properties & Developers’ resolution plan to revive a stalled Worli residential project...25 Jun, 2026, 07.17 PM IST
- HDFC Life reports 12 per cent premium growth in FY26, retail protection business rises 43 per centHDFC Life Insurance reported a robust 12% year-on-year growth in total premium for FY26, with its retail protection business soaring by 43%...25 Jun, 2026, 03.46 PM IST
- Health insurance: Overall claims experience needs improvement in India; delays, rejections are big pain points in reimbursement, says surveyPolicybazaar's latest Health Claims Experience Index reveals that while cashless claims are preferred, the overall process needs significan...22 Jun, 2026, 11.25 AM IST
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