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Dey also introduced a new concept of business development officers (BDO), by which 50 per cent officials will focus on marketing the insurers products. orientalinsurance.org.in

Oriental weighs options in resizing network

OIC CMD Anjan Dey asked the officers to identify profitable products and lines of business, besides improving the claim...

10 Dec 2021 9:07 AM IST

SpiceJet dismisses security lapse findings. (Photo: ANI)

Airlines, airports suffer Rs 20K cr losses

In the pandemic year of FY21, airlines are estimated to have incurred loss of about Rs 19,564 cr and airports losses of...

7 Dec 2021 12:20 AM IST

Built on WhatsApp Business Platform, the partnership will expand access to Ubers mobility services in one of the companys largest international markets, it was stated. (Photo: Agencies)

Uber, WhatsApp announce partnership to launch ride-booking via...

The first roll out on a pilot basis will take place in the northern city of Lucknow first, and will be expanded to other...

2 Dec 2021 12:48 PM IST

Ravi will also be the managing trustee of SOT and others will be trustees. The SOT was formed in 2006 as a private discretionary trust. As per reports, SOT owns close to a 30 per cent stake in the groups holding company Shriram Capital. Representational image/By arrangement

Shriram Group puts succession plan in place

The board members have been appointed by Shriram Ownership Trust (SOT), which will function as the promoter group

1 Dec 2021 10:53 AM IST

Anil Ambani , CEO , Reliance Communications. (PTI Photo)

RBI appoints advisory panel to assist R-Cap administrator

The members: Sanjeev Nautiyal, ex-deputy MD, SBI; Srinivasan Varadarajan, ex-deputy MD, Axis Bank, Praveen P. Kadle,...

1 Dec 2021 10:47 AM IST

After delaying the launch of its electric scooter for a year, Ather Energy is finally gearing up to launch the S340 in India with bookings scheduled to begin in June 2018.

Ather starts second factory

Ather is setting up a second plant near its existing facility at Hosur in Tamil Nadu to ramp up its capacity to 4,00,000...

1 Dec 2021 10:37 AM IST

Amazon, which is trying to block Asias richest man Mukesh Ambani from taking over the struggling Future retail chain, alleged last week that money from the local firm may have been diverted to other companies. (Bloomberg)

India's anti-money laundering agency summons Amazon

We are in receipt of summons issued by the ED in connection with the Future Group, an Amazon spokesperson said

28 Nov 2021 2:08 PM IST

Paytm plans to raise Rs 18,300 crore from the IPO. (Photo: PTI)

Paytm Q2 loss widens to Rs 473 crore

Shares of the company closed at Rs 1,781.15 apiece, down by 0.86 per cent on the BSE on Friday

27 Nov 2021 12:54 PM IST

SBI reports over four-fold jump in Q4 profit. (PTI Photo)

Digital transaction charges row: No charges for basic savings bank...

The bank further said that the Central Board of Direct Taxes (CBDT) advised banks to refund charges collected on or...

24 Nov 2021 1:54 PM IST

The higher tariffs will be effective from November 25, it said in a statement. (Photo: PTI)

Vodafone Idea hikes mobile call, data rates by 20-25 per cent

The announcement from Vodafone Idea comes a day after Bharti Airtel announced hiking tariffs

23 Nov 2021 12:48 PM IST

Once the suspension orders are lifted, our services will be fully up and running, an Airtel customer care executive said. (Photo: PTI)

Airtel announces 20-25 per cent tariffs hikes for prepaid offerings

The entry-level tariffed voice plan has been hiked by about 25 per cent

22 Nov 2021 9:10 AM IST

A QR code for Paytm is pictured at a vegetable stall in New Delhi. (Photo: AFP)

Paytm IPO: Offer price fixed at Rs 2,150 apiece

The shares of Paytm are expected to list on bourses on November 18

12 Nov 2021 12:48 PM IST