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- Will shift operations partially to IGI T2 in coming weeks: IndiGo
- False allegations levelled against me but truth will prevail: Choksi to employees
- FM slams regulators' failure to detect PNB fraud
- Delhi diamond exporter booked for Rs 389-cr OBC loan fraud
Three PSU non-life insurers to meet on Feb 16 on merger
The three public sector general insurance companies will be meeting on February 16 to deliberate on the proposed merger plan, a top official of United India Insurance said. As part of divestment of public sector entities, the Government has proposed in the Budget to merge National Insurance Company, United India Insurance and Oriental Insurance Company into one and subsequently list the new entity on stock exchanges.
“All the three public sector general insurance companies are meeting on the 16th of this month for discussions on Budget pronouncements,” United India Insurance Chairman and Managing Director MN Sarma said here on Tuesday on the sidelines of ASSOCHAM-organised health insurance summit.
“We hope to have some roadmap on merger and health insurance scheme in the meeting. We expect the merger to be completed before the next vote on accounts,” he said.
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- PNB fraud shows gaps in supervision, Govt should dilute its stake, says CII 24 Feb 2018 | PNS
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Sunday EditionView All
18 Feb 2018 | Gwynne Dyer
Now that Jacob Zuma has finally exited, the African National Congress, which has fallen a long way from its glory days, has one last chance to rebuild its reputation before next year’s election. Whether the ANC is the best bet for South Africans is a different question altogether As a passer-by in the upscale Johannesburg suburb of Saxonwold observed, the South African Police would never have raided the enormous, high-walled compound...
STATE EDITIONSView All
24 Feb 2018 | PNS
Special cleanliness drive today Bhopal: The Sant Nirankari Charitable Foundation is organising a special cleanliness drive on Saturday at Government Sultania Hospital on Saturday. The Nirankari volunteers will assemble at 7...