According to sources, the insurance regulator IRDAI has approved the Hinduja Group's acquisition of Reliance Capital's life, general, and health insurance businesses on the condition that it does not pledge shares in the companies. The Hinduja Group has still to get approval from the Reserve Bank of India (RBI) and the Competition Commission of India (CCI) for the transaction to be completed.
Open FlipHaving achieved its target of a billion-dollar book in the small business segment, DBS Bank India now plans to double its exposure in three years, a senior banker said, underscoring the lender’s optimism around a sector that contributes nearly 30% to the gross domestic product (GDP) and is a significant job creator.
Open FlipBeginning on May 31, 2024, SpiceJet will operate daily nonstop flights between Delhi and Phuket. The scheduled time of the flight from Delhi is 9:00 AM, and it is expected to land in Phuket at 3:15 PM. At 4:15 PM, the return flight from Phuket is scheduled to take off, and it will reach Delhi at 7:20 PM. According to the airline, this new service will give visitors an easy and reasonably priced.
Open Flip