general insurance

Virat Kohli-endorsed Digit Insurance has filed for draft papers with the market regulator Securities Exchange Board of India (SEBI) to raise funds through an IPO. Offer for sale It is looking to raise Rs 1,250 crore via a fresh…

Govt Will Sell One Insurance PSU To Private Firms: Successful LIC IPO Is The Reason? The government may privatise one of its general insurance companies this year after the LIC IPO. The Ideal Candidate It will begin work on…

The completion of the deal should help accelerate the privatisation of CPSEs going forward. The government is planning strategic sale of 22 firms of which 17 are ongoing transactions. DIPAM is processing those transactions which…

The revision is expected to be a hike of 15% applicable to 60,000 of the PSU's employees. News regarding wage revision for General Insurance employees is expected to be announced soon. Salary Hike Incoming? Finance Ministry…

The privatisation of two state-owned banks and one general insurance company could be shifted to the upcoming financial year. In the Union Budget meet on February 1, FM Niramala Sitharaman announced the government’s plan to conduct…

GIBNA serves to alleviate the economy by securing the development of general insurance business in the country. The central government is known to be in works for introducing some changes in the General Insurance Business…

100,000 Employees Of United India Insurance Oppose Privatization Move; Demands Merger All India Insurance Employees’ Association (AIIEA), has demanded that the govt remove United India Insurance company from consideration for…

Govt Will Sell 96% PSUs To Private Companies; Only 12 PSUs Will Remain Under Govt Control According to the new policy, the government may reduce the number of public sector enterprises to just around two dozen, compared to the 300 at…

As per the reports, the Centre is quickly progressing on the merger of three state-owned general insurance firms which are National Insurance, United India and Oriental Insurance. The plan is to make it a large single non-life insurer…