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Tata AIG insurance has become the third insurer to suspend cashless claim services with Max Hospitals Tata AIG General Insurance has become the third insurer after Star Health and Niva Bupa to end its cashless settlement arrangement with Max Hospitals, forcing policyholders to pay upfront for their treatment amid a widening rift between insurers and hospital chains. Tata AIG's decision, effective September 10, centres on tariffs. "Max Healthcare and TATA AIG General Insurance Company had negot
CCI has also approved a 25.18 per cent equity stake in Future Generali India Life Insurance Company Ltd (FGILICL) through a bid/resolution plan submitted by Central Bank of India | Image: Wikimedia Commons State-owned Central Bank of India on Thursday said it has acquired a 25.18 per cent stake in Future Generali India Life Insurance Company Limited (FGILICL) for a cash consideration of Rs 57 crore as part of the insolvency process. With the acquisition of 65,43,80,439 shares on Wednesday (June ...Read More >

New Delhi: State-owned Central Bank of India on Thursday said it acquired a 25.18 per cent stake in Future Generali India Life Insurance Company Limited (FGILICL) for a cash consideration of Rs 57 crore as part of the insolvency process. With the acquisition of 65,43,80,439 shares on Wednesday (June 4), the bank has ventured into the insurance sector, Central Bank of India said in a regulatory filing. At present, Central Bank of India has 25.28 per cent stake in FGILICL, which had earned a gross written premium of Rs 1,810.53 crore in FY24. The CCI has also approved a 25.18 per cent equity s ...Read More >
Bengaluru: Mysuru Dasara is set to run for 11 days this year -- a rare extension driven by celestial alignment and cultural planning -- with the inaugural ceremony on Sept 22 and the grand Jamboo Savari taking place on Oct 2, coinciding with Vijayadashami and Gandhi Jayanti.Chairing a high-level meeting at Vidhana Soudha Friday, chief minister Siddaramaiah said, "Mysuru Dasara in 2025 will be celebrated for 11 days, due to a unique astronomical occurrence -- the Panchami tithi (fifth lunar day) will appear on two consecutive days, Sept 26 and 27, a rare alignment that hasn't occurred in nearly ...Read More >
NEW DELHI: The GST Council, which will meet shortly, is expected to comprehensively review the eight-year-old regime focused on reducing tax on several consumer-focused items in the 12% bracket as well as lowering the burden on items such as air conditioners, which are in the top bracket.Besides, with the compensation cess - money released to states to offset any revenue loss because of switch to GST - due to end in March, a plan on imposing a cess on some of the sin goods, such as tobacco, is also expected to be finalised to ensure that states don't have to bear a significant revenue hit.Conc ...Read More >

New Delhi, Jul 15 (PTI) As Tesla announced its foray into the Indian market on Tuesday, Liberty General Insurance and ACKO said they have become insurance partners for the American electric carmaker in India. Liberty General Insurance said it has developed a suite of finely tuned protection plans that complement Tesla's engineering and performance excellence while anticipating the distinct needs of EV users. Also Read | Ganeshotsav 2025: MSRTC To Run 5,000 Special Buses to Konkan From August 23 to September 7, Transport Minister Pratap Sarnaik Announces; Group Bookings Start July 22. "At Li ...Read More >
NEW DELHI: Government is all set to allow 100% foreign direct investment in insurance business, paving the way for large companies to enter the market on their own, while allowing individual insurance agents to hawk policies of multiple companies, lifting the cap on being associated with only one life and general insurer. The twin measures are part of the Insurance Amendment Bill that is proposed to be introduced during the winter session of Parliament that kicks off later this month. On August 19, TOI was the first to report about the proposed increase in the FDI ceiling, a suggestion which ...Read More >

New Delhi, Jun 5 (PTI) Fintech firm BimaPay Finsure on Thursday said it has entered into corporate insurance financing and aims for Rs 20 crore in premiums in 2025-26. Launching the pilot phase with insurance partners, BimaPay said the initiative will allow businesses to pay premiums in easy equated monthly instalments (EMIs) instead of bearing the burden of full upfront costs. Also Read | Who Is Pinaki Misra? From Age to Family Background and Net Worth, Here's All About BJD Leader With Whom Mahua Moitra Reportedly Married. The company aims to finance over Rs 20 crore worth of premiums by t ...Read More >

New Delhi: The Aircraft Accident Investigation Bureau (AAIB) is probing from all angles, including sabotage, in the Air India plane crash in Ahmedabad that killed 274 people on board and on the ground last month, Minister of State (MoS) For Civil Aviation Murlidhar Mohol said. Mohol said the black box of the Air India flight AI 171 that has been recovered is in AAIB's custody and will not be outside the country for a thorough assessment. The MoS was speaking at the Pune chapter of the Emerging Business Conclave. "It (plane crash) was an unfortunate incident. The AAIB has begun a full investig ...Read More >

New Delhi: Financially weak people are not able to get treatment in a good hospital. Due to a lack of money, the patient may even die. Amidst the increasing expenditure on healthcare, the government also provides various health facilities, which people also benefit from. Now, a special scheme has been launched for low-income people. The scheme aims to benefit the economically weak people. SBI General Insurance, one of the big banks of the country, has launched a great scheme in association with Starfin India. It has been launched in the name of the Hospital Daily Cash Scheme. This scheme will ...Read More >

Lucknow, Jul 14 (PTI) Uttar Pradesh Chief Minister Yogi Adityanath on Monday said the state's health services must be made future-ready to keep pace with global advancements and effectively respond to emerging challenges. He was speaking at the foundation stone laying and inauguration ceremony of various health projects worth Rs 1,000 crore at King George's Medical University (KGMU) here. Deputy Chief Minister Brajesh Pathak, who also holds the Health portfolio, and Medical Education Minister Mayankeshwar Sharan Singh were present on the occasion. The chief minister said institutions like K ...Read More >
ess than 24 hours after he asserted in Nigeria's Abuja that stepping out of the comfort zone, innovating and creating new paths has now become the very essence of today's India, Prime Minister Narendra Modi on Monday told the gathering of world's most influential leaders converged in Rio de Janeiro for the G20 Summit that the main reason for India's success lies in his government's 'back to basics' and 'march to the future' approach. Addressing the G20 session on 'Social Inclusion and the Fight Against Hunger and Poverty' at the bayside museum of modern art during the two-day 19th G20 Summit, ...Read More >
Chennai, Dec 10 (PTI) Standalone health insurance company Star Health Insurance has targeted doubling its business in Tamil Nadu over the next four years, a top official said. As part of its growth strategy, the company plans to add 12,000 new agents across Tamil Nadu and expand its footprint with 25 new offices in both rural and urban areas in FY2025. Also Read | 7th Pay Commission Latest News: Narendra Modi Government Likely To Hike DA for Employees by 3% in January 2025, Check Details. Star ...Read More >
Over 331,000 devotees have already registered for the Amarnath Yatra, commencing on July 3 and concluding on August 9, 2025. Lieutenant Governor Manoj Sinha chaired a meeting to review preparations, focusing on essential amenities and safety measures along the Pahalgam and Baltal routes. The board discussed enhancing facilities, lodging, and services for a hassle-free pilgrimage. SRINAGAR: More than 3,31,000 devotees have registered so far for this year's Amarnath Yatra, which is set to begin on ...Read More >

Mumbai, Jul 7 (PTI) Benchmark indices Sensex and Nifty declined in early trade on Monday amid caution ahead of the July 9 US tariff deadline, weak trends in Asian markets and foreign fund outflows. Volatile trends engulfed markets during the early trade amid concerns surrounding the US-India trade deal, experts said. Also Read | Delhi Rains: Rainfall Disrupts Delhi-NCR Today; Traffic, Flight Operations Hit (Watch Videos). The 30-share BSE Sensex declined 170.66 points to 83,262.23 in early trade. The 50-share NSE Nifty dipped 53.75 points to 25,407.25. July 9 marks the end of the 90-day su ...Read More >

Chennai, Jul 15 (PTI) The ManipalCigna Health Insurance Company Ltd has planned to expand its footprint in Tamil Nadu with 10 more branches and add over 10,000 advisors across South India. ManipalCigna Health Insurance Company Ltd is a joint venture between Manipal Group, an eminent player in healthcare delivery and higher education and global health services company Cigna Healthcare. Also Read | Aadhaar Free Update: Government Requests Parents to Update Children's Aadhaar Biometrics Between Age 5-7, Free of Cost. Citing a data from the General Insurance Council (GIC), ManipalCigna said it ...Read More >
PRNewswire Chennai (Tamil Nadu) [India], December 13: Star Health and Allied Insurance Company Limited, the first standalone health insurance company in India, today announced the launch of its revolutionary retail health insurance product, 'SUPER STAR'. This innovative policy offers a long-term policy for the retail health segment, combining advanced features and highly customisable covers to address the growing complexities of modern lifestyles, rising medical expenses, and unforeseen emergencies. * Offers a long-term policy and unparalleled, highly customisable solutions for evolving heal ...Read More >

New Delhi, Jun 2 (PTI) Global automobile makers including Mercedes Benz, Skoda-Volkswagen, Hyundai and Kia have shown interest in manufacturing electric cars in India, Union Heavy Industries Minister H D Kumaraswamy said on Monday. The said companies have expressed interest during the stakeholder discussions between the government and the industry regarding the 'Scheme to Promote Manufacturing of Electric Passenger Cars in India', the detailed guidelines for which were unveiled by the minister. While the scheme was notified on March 15 last year, its guidelines were issued on Monday. Offici ...Read More >

Govt looking to provide life and accident benefits to gig workers Platform or gig workers will likely get life and accident insurance covers in addition to health insurance if the government goes ahead with its plans for the social security corpus. "We are mulling a proposal to extend life and accident insurance benefits from the fund that aggregators would contribute to. A portion of the fund would be utilised for these benefits, while the remainder would be secured for future social safety ne ...Read More >
Mumbai: Uddhav and Raj Thackeray will hold a joint protest march of their parties in the city on July 5 against what they allege is imposition of Hindi in the state's schools from Class 1 through the new three-language policy. This will be the first time they will come together on a political platform after Raj Thackeray's decision to quit Shiv Sena to form MNS nearly two decades ago.There has been speculation of a reunion of the estranged cousins for the coming civic polls, and the protest march is being seen as the first step in that direction, reports Chaitanya Marpakwar.Uddhav and Raj had ...Read More >

Mumbai, Jul 4 (PTI) Benchmark indices Sensex and Nifty ended higher on Friday in a highly volatile trade amid a buying rush in banking and other bellwether stocks on the back of a rally in the US markets. After oscillating between highs and lows in intra-day trade, the 30-share BSE Sensex ended 193.42 points or 0.23 per cent higher at 83,432.89. During the day, it hit a high of 83,477.86 and a low of 83,015.83, gyrating 462.03 points. The 50-share NSE Nifty inched up by 55.70 points or 0.22 per cent to 25,461. From the Sensex firms, Bajaj Finance, Infosys, Hindustan Unilever, ICICI Bank, HC ...Read More >

NewsVoir Bengaluru (Karnataka) [India], July 7: Upekkha, the India-US accelerator that has backed over 100 SaaS and AI startups, has announced VIBE 2025 (Vertical Intelligence & BEyond), the world's first summit dedicated exclusively to vertical AI. Scheduled for 10-11 July 2025 at The Leela Palace, Bengaluru, and co-hosted with SaaSBoomi, this two-day flagship event will showcase how AI can move from concept to real-world deployment within just 48 hours. "Walk in with a problem statement, walk out with a working AI pilot in 48 hours." This bold promise underpins VIBE 2025's mission -- to co ...Read More >

New Delhi, May 26 (PTI) Alcoholic beverage maker's body CIABC has urged the government to adopt a phased reduction in import duties on liquor products under the proposed India-EU free trade agreement (FTA), while calling for strong safeguards to prevent misuse of trade concessions under the pact. In a submission to the commerce ministry, Confederation of Indian Alcoholic Beverage Companies (CIABC) has proposed slashing the effective customs (or import) duty on bottled products like wines and spirits from the current 150 per cent to 100 per cent immediately and then down to a resting customs d ...Read More >

Chennai (Tamil Nadu) [India], July 9 (ANI): More than half of all tuberculosis (TB) deaths occur within the first two months of treatment. In response, the Indian Council of Medical Research-National Institute of Epidemiology (ICMR-NIE) has introduced a new alert feature designed to immediately notify frontline healthcare workers when a patient is identified as severely ill following a TB diagnosis. Also Read | Delhi-NCR Rains: Waterlogging and Traffic Disruptions in Several Areas As Sudden Spell of Heavy Rain Batters National Capital; IMD Issues Red Alert (Watch Video). The predictive model ...Read More >

Mumbai: Finally, Elon Musk's Tesla is opening its first showroom in India on July 15, 2025 at Bandra Kurla Complex (BKC) in Mumbai. The American Electric Vehicle (EV) manufacturer's India foray comes at a time when Tesla demand in European and Chinese markets has plummeted. Citing Reuters and Bloomberg, media reports said Tesla showroom opening on a 4,000 sq ft retail space at Unit G 1B, 2 North Avenue, Maker Maxity, BKC in Mumbai will not only showcase Tesla models but it will also be an "Experience Centre" for the potential buyers. Along with test drive, the Tesla Experience Centre will p ...Read More >

Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >

Hyderabad: Chief Minister A Revanth Reddy on Thursday warned educational institutions that cases would be booked against them if drugs were found in their premises. The CM announced that the state's Anti-Narcotics Bureau would henceforth be known as Elite Action Group for Drug Law Enforcement (EAGLE) and was tasked with curbing the menace of narcotics in the state. Speaking at an event marking the International Day Against Drug Abuse and Illicit Trafficking 2025 at Shilpakala Vedika here, Reddy placed an onus on educational institutions to ensure their campuses were free of drugs. "It is the ...Read More >

Guwahati: The East Khasi Hills district administration will enforce a new set of parking regulations from August 1 to improve urban mobility across Shillong in Meghalaya. The initiative, which spans seven key traffic zones including Sadar, Madanrting, Laban, Mawlai, Rynjah, Lumdiengjri, and Laitumkhrah, aims to organize parking in critical stretches of the city. Ready for a challenge? Click here to take our quiz and show off your knowledge! The Urban Affairs Department has introduced standard hourly parking fees, setting the rate at Rs 20 for two-wheelers and Rs 40 for four-wheelers, with z ...Read More >

Chidambaram , Jul 15 (PTI) Tamil Nadu Chief Minister M K Stalin launched here on Tuesday, the outreach programme 'Ungaludan Stalin,' (Stalin with you) to take government services to the people and redress grievances by organising special camps in their neighbourhoods. Stalin, in a camp here, gave away a hearing device to a differently-abled man who requested it, medical insurance under the CM's Comprehensive Health Insurance Scheme to a woman beneficiary, and an order effecting electricity connection 'name change' to a resident. The beneficiaries received the services they sought within an h ...Read More >

New Delhi, July 02: The Union Ministry of Road Transport and Highways has announced a comprehensive overhaul of cab and bike aggregator operations in India through the Motor Vehicle Aggregator Guidelines 2025. These new rules apply to companies like Ola, Uber, and Rapido, and are aimed at improving transparency in pricing, enhancing passenger safety, protecting driver rights, and introducing accountability measures for both riders and service providers. One of the most significant changes is that the government has allowed the use of private motorcycles for passenger rides, subject to approva ...Read More >

NEW DELHI: The Enforcement Directorate (ED) on Thursday announced the provisional attachment of assets worth approximately ₹131.45 crore in Spain, including a luxury yacht and immovable properties, under the Prevention of Money Laundering Act (PMLA). These assets belong to Pavel Prozorov, a Spanish national and the alleged mastermind behind the unauthorised forex trading platform OctaFX. The attached assets comprise a commercial Italian-model luxury yacht cruising in the Western Mediterranean, a minijet boat, a luxury car, and two residential properties in Spain. The ED's probe was launched ...Read More >