ICICI Prudential Life’s 99.31% claim settlement ratio signals focus on customer payouts

ICICI Prudential Life Insurance reported a claim settlement ratio of 99.31% for Q1-FY2027, the highest among leading life insurers in India based on public disclosures through Form L-39 and L-40. The company’s quarterly performance also highlights the scale of financial support provided to policyholders’ families through death-claim settlements. During the quarter, ICICI Prudential Life settled…

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Maruti Suzuki Achieves 1 Million Vehicle Rail Dispatches

Maruti Suzuki India has crossed the milestone of dispatching one million vehicles through in-plant railway terminals at its manufacturing facilities in Hansalpur, Gujarat, and Manesar, Haryana. The Hansalpur siding began operations in March 2023, while the Manesar facility became operational in June 2025. Of the one million vehicles dispatched through the two terminals so far,…

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Manipur Tops Regional EV Index for Infrastructure Expansion and Sustainable Mobility

Manipur has been recognized as the Best Performing State among Hilly and North-Eastern States in NITI Aayog’s India Electric Mobility Index (IEMI) 2025, honoring the state’s significant progress in expanding electric vehicle (EV) adoption and developing supportive infrastructure. While Delhi, Maharashtra, Karnataka, and Chandigarh topped the national open category, Manipur led its regional peer group…

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Open-source ATMs and UPI credit tools bring banking innovation closer to Bharat

A new wave of fintech innovation is targeting one of India’s biggest financial inclusion challenges — making banking, credit and cash services available faster and closer to customers. At Global Fintech Fest 2026, Department of Financial Services Secretary Sanjay Lohiya launched three technology-led solutions, in the presence of UIDAI CEO Saurabh Vijay. The first is…

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TCS Opens Robotic Facility to Drive Autonomous Manufacturing

Tata Consultancy Services (TCS) has launched an Industrial Autonomy & Engineering Lab at its Sahyadri Park campus in Pune, describing it as India’s first “lights-out” factory lab designed to advance artificial intelligence-led manufacturing. A lights-out factory uses autonomous technologies to operate production processes with minimal human intervention. The new facility features a fully robotic battery…

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ICICI Prudential Life turns its insurance distribution stack into an AI-powered innovation platform

ICICI Prudential Life Insurance is expanding the use of artificial intelligence and digital infrastructure in insurance distribution with the launch of ‘ICICI Life Partner Stack 2.0’, an upgraded platform designed to equip advisors and distribution partners with technology across sales, onboarding and customer servicing. The platform’s eQuote App uses an AI-based product recommender to identify…

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