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    1. Business News
    2. Authors
    3. mithundasgupta

    Mithun Dasgupta

    Bandhan Bank, stressed assets, sale, bidding, Bank, Banking
    Bandhan receives Rs 801-cr binding bid for sale of stressed assets

    The bank shall go for bidding as per the Swiss challenge method and decision of sale shall be taken as…

    By Mithun Dasgupta
    December 22, 2022 00:05 IST
    shyam metalics
    Shyam Metalics plans to invest Rs 7,500 crore 

    With a diversification approach, the company is planning to invest around Rs 7,500 crore over the next five years for…

    By Mithun Dasgupta
    Updated: December 21, 2022 07:47 IST
    fire insurance
    Burning cost rates for fire insurance not to be embedded: Irdai

    “The authority has observed that reinsurance treaty agreements in many instances include, as a precondition or prescription, the requirement to…

    By Mithun Dasgupta
    Updated: December 21, 2022 07:15 IST
    Srei, Srei Infrastructure Finance, Srei companies, Varde Partners, Industry
    Srei: Deadline for submission of revised resolution plans extended

    Last date for applicants is now December 24

    By Mithun Dasgupta
    December 20, 2022 03:00 IST
    Tea exporters, Tea, Iran, Tea exports, Tea buyers, Pandemic, Economy
    Tea exporters to Iran in a quandary as orders dry up

    Apart from tea, Iranian buyers haven’t been registering for imports of basmati rice from India too, over the last many…

    By Mithun Dasgupta
    December 19, 2022 00:50 IST
    Insurers, state run insurers, insurance sector, Rajya Sabha, govt data, Oriental Insurance Company, National Insurance Company, Modi govt
    Four state-run insurers saw sharp drop in staff strength in past 4 fiscals

    Oriental Insurance Company’s employee strength has fallen sharply by 31% to 9,440 as on March 31 from 13,667 as on…

    By Mithun Dasgupta
    December 16, 2022 00:50 IST
    Microfinance, Microfinance news, Microfinance latest, Microfinance latest news, Microfinance quarterly results, NBFC
    Microfinance sector’s Q2 NPAs remain unchanged

    Interestingly, the market share of NBFC-MFIs in the country’s microfinance industry in terms of portfolio reached 37.53%, overtaking banks’ market…

    By Mithun Dasgupta
    December 14, 2022 02:15 IST
    srei
    CoC meets; revised plans for Srei firms likely by December 15

    The consortium of Varde Partners and Arena Investors, NARCL and Authum Investment had submitted resolution plans for the two NBFCs,…

    By Mithun Dasgupta
    Updated: December 13, 2022 07:31 IST
    What are the different types of car insurance
    Long-term motor insurance policies to provide flexibility

    Floating an exposure draft on ‘Long-Term Motor Products covering both Motor Third Party Insurance and Own Damage Insurance’, the regulator…

    By Mithun Dasgupta
    Updated: December 9, 2022 07:25 IST
    LIC boost, life insurance, lic premium
    LIC boost: Life insurers’ new biz premium rises 30.5% in Nov

    New business premium or the first-year premium of private sector life insurance companies in November witnessed a marginal growth of…

    By Mithun Dasgupta
    December 8, 2022 01:15 IST
    Insurers seek clarity on other financial products
    Insurers seek clarity on other financial products

    The department of financial services has proposed that an insurer may also distribute other financial products as specified by and…

    By Mithun Dasgupta
    December 7, 2022 06:15 IST
    Bajaj Allianz Life Insurance, Bajaj Allianz Life Insurance news, Bajaj Allianz Life Insurance latest, Bajaj Allianz Life Insurance CEO, Bajaj Allianz Life Insurance Tarun Chugh, insurance sector, life insurance, Irdai
    ‘Irdai rule on tie-ups to benefit small companies,’ says Bajaj Allianz Life Insurance’s CEO Tarun Chugh

    ‘For this fiscal, I think our new business premium will be growing much faster than the industry. Normally, we grow…

    By Mithun Dasgupta
    December 7, 2022 03:30 IST
    Srei, Srei resolution plans, Srei news
    Srei: CoC starts evaluations of three resolution plans

    The final list of the prospective resolution applicants for the two companies consisted of 17 entities.

    By Mithun Dasgupta
    December 4, 2022 05:45 IST
    IDFC
    IDFC gets nod for change in control of IDFC MF

    In a stock exchange filing on Tuesday, IDFC Ltd informed that the Securities and Exchange Board of India, in a…

    By Mithun Dasgupta
    Updated: November 30, 2022 08:26 IST
    irdai, insurers, insurance, FRBs, IFSC insurance office,
    Irdai proposes increase in cession limits of insurers

    It had released the first draft on October 21 after reviewing the current regulations, IRDAI (Reinsurance) Regulations, 2018.

    By Mithun Dasgupta
    November 27, 2022 05:50 IST
    hindustan motors
    Hindustan Motors looks to drive proposed EVs into overseas markets

    “A memorandum of understanding on electric vehicles has been signed. The tie-up is for exporting the vehicles at present. Later,…

    By Mithun Dasgupta
    Updated: November 24, 2022 08:09 IST
    IRDA
    Irdai proposes management expense limit for insurers

    The Insurance Regulatory and Development Authority of India (Irdai) has also proposed to remove caps on payment of commission to…

    By Mithun Dasgupta
    Updated: November 24, 2022 13:10 IST
    Facing financial crises, many planters have sold gardens in recent years.
    Darjeeling tea growers see lower production

    “Apart from unfavorable weather conditions, production will be down as most of the gardens of the Darjeeling Organic Tea Estates,…

    By Mithun Dasgupta
    November 24, 2022 03:30 IST
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