PSU insurers may need up to Rs. 8000crore for higher wages
Public sector non-life insurance companies will need to raise around Rs 8,000 crore to meet statutory capital requirements after paying Read more
PSU
PSU non-life insurance unions demands EY restructuring report
The employee unions in the public sector general insurance companies have reiterated their demand for a copy of the Ernst Read more
3 PSU general insurers to get capital infusion of Rs. 5,000 crore
The Centre has raised the authorised capital of three public sector insurance companies – Oriental Insurance Company Limited (OICL), National Read more
IRDAI seeks business plans from 3 PSU general insurers
IRDAI has sought revised business plans from the three public sector general insurers – National Insurance Company, Oriental Insurance Company Read more
PSU insurers face uncertainty
The three PSU non-life insurers – National Insurance, Oriental Insurance and United India – are dealing with uncertainty on multiple Read more
LIC Housing Finance to waive 6 EMIs for PSU pensioners
LIC Housing Finance will waive 6 EMIs, spread across the tenure of the loan, under the Griha Varishtha scheme designed Read more
Exposure to PSUs may hurt LIC’s returns
Bailing out public sector companies has led to under-performance of Life Insurance Corporation (LIC)’s equity portfolio, according to a report Read more
New India, GIC get nod for IPO, Govt may earn Rs. 10k cr
New India Assurance and General Insurance Corporation have obtained board approval from their respective boards for listing of their shares Read more
New India Assurance, GIC gets nod for IPO
New India Assurance and General Insurance Corporation have obtained approval from their respective boards for listing of their shares in an initial Read more
Healthcare System of India
Healthcare system of India is a mess. Results of the National Sample Survey 60th round bring out the picture in Read more
