Insurance regulators are concerned about rising distribution costs inflating premiums. This follows the removal of product-wise commission caps. Several life and non-life insurers exceeded expense limits in FY25. A committee is reviewing compensation norms amid surging breaches. Discussions are underway…
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After the tech industry, another sector banking is at the risk of losing lakhs of jobs due to digitalisation and AI. According to a Morgan Stanley report, more than 200,000 European banking jobs could vanish in the coming five years…
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Manufacturers of ACs, refrigerators, and TVs will face penalties if their products fail energy efficiency tests or if star rating labels are tampered with. This new government measure aims to curb power usage by ensuring appliances meet their declared energy…
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At CaratLane, Vyas will oversee financial strategy, governance, and capital efficiency, with a focus on strengthening internal controls and aligning financial decision-making with long-term growth objectives
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US military action in Venezuela impacts Indian companies with energy, engineering, and pharmaceutical ties. ONGC and Reliance Industries face potential shifts in oil supplies and valuations. Engineers India has an on-ground presence. Pharmaceutical firms like Sun Pharma and Glenmark Pharma…
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Motherson Electronic Components Pvt Ltd has received government incentives. This is under the Electronics Components Manufacturing Scheme. The company will produce enclosures for consumer electronics. Incentives will be provided for six years. This will lead to an investment of Rs…
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