Read more about Axis Bank awaits nod to reclassify 3 promoters as public shareholders on Business Standard. United India Insurance Company, National Insurance Company and New India Assurance Company will be reclassified as public category shareholders post requisite regulatory approvals
Axis Bank awaits regulatory nod to reclassify three promoters as public shareholders telegraphindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraphindia.com Daily Mail and Mail on Sunday newspapers.
Insurers reimburse themselves while rejecting for other policyholders
By IANS |
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Chennai, April 24 : Physicians heal thyself is passe. Insurers reimburse themselves is the new phrase.
At a time when the general public health insurance policyholders are denied genuine hospital expenses incurred by them, the employees of government owned general insurance companies have been allowed to claim the cost of pulse oximeters in the case of Covid-19 home treatment.
The General Insurers (Public Sector) Association of India (GIPSA) on Friday vide its circular had allowed the reimbursement of the cost of one pulse oximeter per family under the group mediclaim insurance policy for the staff of five companies - National Insurance Company, New India Assurance Company, Oriental Insurance Company, United India Insurance and General Insurance Corporation of India.
COVID Warrior Death- Delhi High Court Issues Notice On Plea Seeking Ex-Gratia Payment Of Rs 50 Lakhs & 1 Crore Under Govt Schemes livelaw.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livelaw.in Daily Mail and Mail on Sunday newspapers.
‘Covid wave may delay privatisation, divestment’
April 19, 2021
Privatisation of insurance and banking companies requires some legislative action - HAKINMHAN×
Officials say LIC’s IPO could also take a hit given the complex valuation process
The surge in Covid-19 cases across the country is likely to impact the progress on strategic disinvestment and privatisation programme during this fiscal, which could further delay the sale of government’s stake in companies such as Bharat Petroleum Corporation and Shipping Corporation of India.
Privatisation of two nationalised banks and a government-owned general insurance company could also be impeded. Officials also indicated that the initial public offering (IPO) of LIC may see some delay.