The regulator in a release called Reforms in General Insurance Business, said these measures will be helpful to simplify the insurance sector, effectively enhancing the customer-centric insurance solutions. The reforms will help insurers in their operations, it further added.
The regulator imposed a penalty of Rs one crore each on the ex-anchor Pradeep Pandya and one Alpesh Vasanji Furiya, a technical analyst and fined the remaining six entities Rs 10 lakh each.
In a letter to the Securities and Exchange of India Chairperson Madhabi Puri Buch dated June 11, the Trinamool parliamentarian registered his complaint with the regulator, what he termed "stock market manipulation".
New Delhi [India], June 10: Convin, Bengaluru-based, leading AI-powered conversation intelligence platform, recently introduced two new customer-centric solutions: Real-time Agent Assist and Manager Assist. Designed for the dynamic environment of BFSI, these tools aim to redefine real-time
Trading in derivatives by small retail investors, particularly in futures and options (F&O) segment, has risen in India over the past years. Exchanges and the regulator have from time to time cautioned investors on the potential risks that arise from such high risk investments.
Bajaj Housing Finance Limited (BHFL), an arm of Bajaj Finance has submitted its draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise funds in the public market. The company is aiming to raise Rs 7000 crore in an initial share sale.
New Delhi [India], June 8: Forex trading has become a well-liked investment option in India in recent years, drawing those looking for chances to diversify and grow their money. Increased engagement in the Forex market can be attributed to the attraction of potentially large returns as well
Bengaluru (Karnataka) [India], June 7: Puravankara Limited, one of India's most trusted and admired real estate developers, has been ranked among the Top 4 real estate companies across India for adopting best practices in the business. Ranked among the Top 5 National Real Estate Brand, Purav
The Telecom Regulatory Authority of India (TRAI) on Thursday said that it has been brought to their notice that fraudulent WhatsApp messages, SMSs and voice calls are made to the citizens claiming to be from TRAI.
Financial market regulator Securities and Exchange Board of India (SEBI) has on Thursday issued an administrative warning on the outreach undertaken by the ICICI Bank regarding the delisting of equity shares of ICICI Securities.
Financial markets regulator Securities and Exchange Board of India (SEBI) has relaxed timelines for disclosure of certain material changes or events by Foreign Portfolio Investors (FPIs).
The Competition Commission of India (CCI) has approved the proposed combination involving acquisition in IRB Infrastructure Trust and MMK Toll Road Private Limited by Cintra, as per a release from competition regulator.