Expectation of investment of three thousand crores in public sector general insurance companies

New Delhi: Government may consider to privatize Oriental Insurance or United India Insurance Company. People with knowledge about the matter said that the government can consider their privatization as their financial health has improved after the capital investment. To further strengthen their financial health, the government is expected to invest...

ASEEM initiative extended over 18 lakh job opportunities

New Delhi: On July 10 last year, the Ministry of Skill Development and Entrepreneurship (MSDE) launched the ASEEM portal. Since its launch in mid-July last year, the Aatmanirbhar Skilled Employee Employer Mapping (ASEEM) initiative has extended more than 18 lakh job opportunities. On July 10 last year, the Ministry of...

Fraudulent transactions of Rs 6,182 crore in DHFL unearthed

New Delhi: Transaction auditor Grant Thornton, in a report shared with the Administrator of DHFL, has found certain transactions which are undervalued, fraudulent and preferential in nature, putting the newly-discovered fraud at Rs 6,182 crore. The Administrator of Dewan Housing Finance Company Ltd, appointed under the Insolvency and Bankruptcy Code,...