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Man forges papers to appoint himself as cattle shelter s head, booked | Vadodara News

Man forges papers to appoint himself as cattle shelter s head, booked | Vadodara News
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Rakesh jainMehul shahராகேஷ் ஜெயின்மெஹுல் ஷா

Over 50 percent of vehicles on-road have no insurance cover

With almost one out of every two Indian vehicles being uninsured, rationalising insurance services with bespoke policies and online facilities can help. Click to know more.

Rakesh jainExecutive directorReliance general insuranceAutocar indiaBrobot dialoguesராகேஷ் ஜெயின்நிர்வாகி இயக்குனர்நம்பகத்தன்மை ஜநரல் காப்பீடுஆட்டோகார் இந்தியா

Passenger vehicle sales recovery to sustain, but supply issue a concern: Auto industry experts

Vehicle sales have seen a V-shaped recovery, but the auto industry is now looking at new challenges in the form of supply constraints. Click to know more.

Rakesh jainMartin schwenkRajeev chabaRajesh jejurikarHormazd sorabjeeMahindra groupBrobot dialoguesMercedes benz indiaExecutive directorFarm sectorsReliance generalAutocar indiaManaging directorReliance general insuranceMercedes indiaராகேஷ் ஜெயின்

Bain Capital Credit unit, Pantheon form direct-lending partnership

Bain Capital Credit unit, Pantheon form direct-lending partnership Getty Images/iStockphoto Bain Capital Specialty Finance and Pantheon s private credit business have formed a private direct-lending joint venture. The new venture, the International Senior Loan Program, will provide direct-lending solutions to middle-market borrowers, primarily in Europe and Australia. BCSF is expected to own about 70.5% of the venture, with the remaining 29.5% owned by Pantheon, a news release said. The investment portfolio is set to consist of about $320 million of senior secured loans contributed by BCSF, a subsidiary of Bain Capital Credit. BCSF has agreed to contribute capital of up to about $180 million for the joint venture, while Pantheon has agreed to contribute up to $75 million.

Rakesh jainMichaela ewaldInternational senior loan programBain capital specialty financeBain capitalCapital creditராகேஷ் ஜெயின்மைக்கேலா ஏவல்ட்சர்வதேச மூத்தவர் கடன் ப்ரோக்ர்யாம்பைன் மூலதனம் சிறப்பு நிதிபைன் மூலதனம்மூலதனம் கடன்

Union Budget 2021-22: Govt expands limit of foreign direct investment in insurance sector to 74 per cent

The Union government on Monday expanded the limit of foreign direct investment in the insurance sector to 74 per cent, to attract overseas investors into the sector that has gained importance in Covid-19 pandemic. The existing FDI limit is 49 per cent. A new structure at the board level was also part of the government announcement on Monday. Under this, majority of directors on the board of the insurance company and key management persons would be resident Indians, with at least 50 per cent of directors being independent directors, and specified percentage of profits being retained as general reserve. “I propose to amend the Insurance Act, 1938 to increase the permissible FDI limit from 49 per cent to 74 per cent in insurance companies and allow foreign ownership and control with safeguards,” finance minister Nirmala Sitharaman said while presenting the Budget 2021-22.

Nirmala sitharamanRakesh jainRoopam asthanaMohammed ali londeBhargav dasguptaVibha padalkarMoody investors serviceInsurance actReliance generalLiberty generalInvestors serviceராகேஷ் ஜெயின்ரூபம் ஆஸ்தானாமுகமது அலி லொந்டேபார்கவ் தாஸ்குப்தாவிபா பாடல்கற்