ICICI Prudential Life Insurance has fully passed on the GST exemption benefit to its customers, effectively reducing the cost of life insurance products including term plans. This move comes after the Government of India announced reforms exempting all insurance policies from 18% GST, lowering premiums and making financial protection more accessible. Earlier, customers paid Rs….
Bajaj General Insurance has lodged an FIR at Porompat Police Station in Imphal, Manipur, after uncovering a sophisticated NEFT forgery linked to medical reimbursement claims processed during the COVID-19 pandemic. The company flagged irregularities when internal checks revealed discrepancies in multiple claims settled via NEFT. According to the insurer, 12 claims were submitted under different…
Groww is offering its shares within a price range of Rs 95 to Rs 100 each, with investors required to apply for a minimum of 150 shares and in multiples thereof. This public offering aims to raise a total of Rs 6,632.30 crore and is open for subscription from November 03 to November 07. The…
Hyundai Motor India Limited has introduced the performance-focused N Line version of its second-generation Venue SUV, with the official launch in India scheduled for November 4, 2025. Bookings are now open at dealerships with a token amount of Rs 25,000. The SUV comes with notable design upgrades distinguishing it from the standard Venue, including red-accented…
Tata group’s airline Air India has successfully finished the initial phase of its retrofit program for its legacy aircraft fleet. This includes the upgrade of all older Airbus A320neo aircraft, which now feature new or enhanced cabin interiors as part of a $400-million initiative aimed at modernizing the aging fleet inherited from the airline’s previous…
Healthcare access in the Northeast is set for a major upgrade as Medanta has launched construction of its 400+ bed world-class hospital in Guwahati. The Bhoomi Poojan ceremony, held on October 31, was attended by Assam Chief Minister Dr. Himanta Biswa Sarma, along with Medanta Chairman & Managing Director Dr. Naresh Trehan and Group CEO…
The primary market is active with three mainboard IPOs: Lenskart, Orkla India, and Studds Accessories. The Orkla India IPO, closing today, has notably drawn interest from non-institutional investors. Studds Accessories is fully subscribed, while Lenskart is gaining traction as investors assess its valuations. Trends in grey market premiums and expert insights are also under consideration….
Amway President and CEO Michael Nelson announced a ₹100 crore (USD 12 million) investment to accelerate Amway India’s growth and transformation over the next three to five years, marking a decade of local manufacturing in the country. The move highlights India’s growing importance as one of Amway’s three global manufacturing hubs, alongside the US and…
The partnership between Wipro and HanesBrands utilizes Wipro’s AI platform, WINGS, as part of HanesBrands’ IT 2.0 transformation initiative. Wipro will overhaul HanesBrands’ IT infrastructure and cybersecurity operations with an AI-first approach, as announced in a recent filing. The partnership between Wipro and HanesBrands utilizes Wipro Intelligence WINGS, a proprietary AI platform, to support HanesBrands’…
This Diwali, the narrow lanes of Mumbai’s historic Zaveri Bazaar were even more crowded than usual, as shoppers flocked to buy gold on the festival’s first day. Interestingly, most buyers were seeking gold coins and bars rather than traditional jewelry, according to Mahavir Kothari, a wholesaler in the market. Industry bodies such as the India…
