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RBI pension revision: NABARD, PSGIC employees and pensioners to get higher payoutsThe central government has approved significant wage and pension revisions for employees and pensioners of Public Sector General Insurance ...- Govt approves wage, pension revision for PSU insurers, RBI and Nabard employeesThe government has approved wage revisions for public sector general insurance employees and Nabard staff, with a 12.41% hike for insurers ...
- Ensure timely resolution of public grievances, prompt claims processing: Finmin to insurersPublic Sector Insurance Companies are directed to enhance customer service and claims processing. Focus will be on profitable business grow...
- OICL Assistant Recruitment 2025: Check vacancies, application fees and important datesOICL Assistant Recruitment 2025: OICL will conduct recruitment for 500 Assistant positions across India in 2025. Graduates aged 18-26 are e...
- Health insurance eating into PSU companies' profits: CAGThe audit found that losses from the health insurance business of public sector insurers have either wiped out, or decreased, the profits o...
- Centre infuses ₹5,000 crore into 3 state-run insurance companiesA notification issued by the finance ministry on April 13 said that for NICL the authorised capital will now be ₹15,000 crore, for OICL it ...
- No proposal to merge public sector general insurance companies: MoS KaradThe government on Tuesday said there is no proposal as of now to merge public sector general insurance companies. There are four general in...
- Stocks in the news: Adani Transmission, Axis Bank, Lupin, autos & telcosThe government will sell 5 per cent of its stake in state-owned Hindustan Copper through an offer for sale (OFS) this week.
- Cabinet clears amendments to GIBNA for insurance PSU privatisation; may table Bill this sessionThe amendment to GIBNA was approved by the Union Cabinet on Wednesday, the sources said, adding the Bill seeks to enable greater private pa...
- Cabinet Clears amendments for privatisation of general insurance firmLast year, the government had provided capital support to National Insurance, Oriental Insurance and United India Insurance to meet regulat...
- Govt readies amendments to GIBNA for insurance PSU privatisation; may table Bill in monsoon sessionThe Act, which came into force in 1972, provided for the acquisition and transfer of shares of Indian insurance companies and undertakings ...
- Government accepts VRS of Oriental Insurance chairman SN RajeswariShe has already been selected as member (distribution) in insurance regulator, IRDAI. National, Oriental and United have reported solvency ...
- Government may consider Oriental Insurance or United India for privatisationTo further strengthen their financial health, the government is expected to infuse Rs 3,000 crore in the public sector general insurance co...
- Finance Ministry to infuse Rs 3,000 crore in general insurance companies this quarterThe cabinet had also decided to increase the authorised share capital of National Insurance Company Limited (NICL) to Rs 7,500 crore and th...
- Finmin asks PSU general insurers to cut flab; rationalise branches, other expenses: SourcesEarlier this year, the Union Cabinet decided to halt the merger process of three state-owned general insurance companies due to weak financ...
- Govt okays proposal to infuse Rs 2,500 cr into 3 PSU general insurers for improving financial healthBriefing reporters here, Union Minister Prakash Javadekar said the capital has been infused in the light of the critical financial position...
- Private airline graft case: CBI pulled up for clean chit to bankersThe court said the investigating officer (IO) has given a clean chit to the bank officials despite there being "prima facie overwhelming ma...
- Omaxe bags Rs 70 cr project from GMADARealty firm Omaxe today said it has bagged Rs 70.4 crore infrastructure project from Greater Mohali Area Development Authority (GMADA) for ...
- Omaxe bags Rs 203 cr contract to build houses in IndoreRealty firm Omaxe Ltd on Tuesday said its subsidiary has bagged a contract of Rs 202.72 crore from the Defence Ministry to build a housing ...
- ONGC insures offshore installations for FY'09Oil and Natural Gas Corp has insured its offshore installations at annual gross premium of $29.025 million for 2008-09.
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