The Menace Of Illegal Constructions

As we brace for unprecedented rates of urbanisation, it is crucial to ensure that illegal constructions and unauthorised land use are curbed, asserts Amit Kapoor. IMAGE: National Disaster Response......

MPS: FinMin may extend August deadline for PSBs, insurers

The finance ministry is in favour of extending the August deadline for public sector banks (PSBs) as well as insurance companies to increase their minimum public shareholding (MPS) to the mandated......

State general insurers face 2nd round of VRS

A second round of voluntary retirement at the four public sector general insurance companies -- the New India Assurance Company, National Insurance Company, Oriental Insurance Company and United......

Govt general insurers to set up in-house TPAs soon

Within the next six months, government-owned insurance companies would have an in-house third-party administrator system, said G Srinivasan, chairman and managing director of United India Insurance......

5 PSU insurers have Rs 347-cr exposure to Adani firms: FinMin

Five state-run general insurance companies have a total exposure of Rs 347.64 crore, or 0.14 per cent of their total assets under management (AUM), in Adani group of companies, the finance ministry......