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INSURANCE WATCHDOG
Who is Rajesh Mehta, man behind Rajesh Exports, facing SEBI ban over alleged Rs 15.15 lakh crore 'fraud' impacting LIC, others?Market regulator SEBI has taken action against Rajesh Exports and its Chairman Rajesh Mehta. The company faces allegations of significant f...- Amazon primes a Blinkit showdown; New insurance models prop upHappy Tuesday! Amazon's late but strong push into quick commerce is unsettling market leader Blinkit. This and more in today's ETtech Morni...
- ICAI expands mandatory applicability of audit quality evaluation matrixThe Institute of Chartered Accountants of India is expanding its audit quality model. This now includes firms auditing subsidiaries of list...
- Can Anthropic Mythos AI detect hidden financial cyber threats before attacks, and how Wall Street banks test next-gen cybersecurity defense systems todayAnthropic Mythos AI is now reshaping Wall Street cybersecurity at an unprecedented scale. Banks are testing this advanced AI to detect hidd...
- Big Tech move into finance to come under closer EU scrutinyThe European Union's financial watchdogs have stated that the presence of Big Tech in the EU's financial services sector is currently not a...
- Beijing to set up new financial regulatorThe new body will absorb its banking and insurance watchdog and oversee all financial sectors except the securities industry, according to ...
- CCI rejects complaint against insurance regulator IrdaCCI has rejected charges that insurance regulator Irda's rules, which grant of corporate agency license to banks to sell insurance products...
- Despite losses, insurance industry attracts investments: IRDAThe insurance watchdog said the FDI limit will be fixed by the government and the IRDA's job is to ensure that regulations are followed by ...
- IRDA enjoys complete freedom, differences are good: ChairmanIRDA's stance had been that LIC should be kept at par with private insurers regarding investment cap while the Ministry had favoured higher...
- Guidelines for traditional life insurance products soon: IRDAIn June last year, the insurance regulator had circulated draft guidelines on the proposed changes in life insurance products.
- Finance ministry asks insurance cos to prune foreign operationsThe General Insurance Corporation (GIC), country's premier re-insurer, posted a net loss of Rs 641 crore in 2010-11 on account of its forei...
- Unlike others, LIC can pick up over 10 per cent stake in companies, clarifies finance ministryLIC can pick up more than 10% equity in companies against the sector rules set by the insurance watchdog as it is governed by a separate la...
- Final IPO norms for life insurance company IPO by month-endInsurance watchdog IRDA said the final guidelines to allow life insurance companies to raise funds from the capital market will be out by t...
- IPO guidelines for life insurers by June end: IRDAInsurance watchdog, Irda has said that the intial public offer guidelines for life insurance companies will be out by this month-end.
- Irda seeks to come out of competition regulator's purviewInsurance regulator could seek immunity from the competition watchdog's authority on mergers in the sector, taking a cue from the Reserve B...
- Sebi set to rule financial sector in rejigProposed law likely to strip commodities regulator and Reserve Bank Of India of some powers.
- IPO guidelines for insurance cos soon: IRDAInsurance companies will soon be allowed to raise resources from the equity markets and be listed as market regulator Sebi is expected to g...
- Policy Buzz: Insurance cos play safe in ULIP battleInsurance companies have decided to play safe to avoid any confrontation with market regulator Sebi, which is locked in a turf war against ...
- ULIP issue: SEBI-IRDA differ on legal modalitiesAccording to sources, a renowned lawyer had suggested the regulators filed a case under section 90, as they were not adversaries fighting e...
- Serious shortcomings in the insurance industryThe battle between markets regulator Sebi and insurance regulator Irda has exposed serious shortcomings in the way the insurance industry i...
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