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GIC of India is a state owned enterprise in India. It was the sole reinsurance company in the Indian insurance market until the insurance market was open to foreign reinsurance players by late 2016 including companies from Germany, Switzerland and France.
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Politics :
Credit for UP's development should be given to PM Modi, Amit Shah: CM Yogi Adityanath
Uttar Pradesh Chief Minister Yogi Adityanath on Sunday said that Prime Minister Narendra Modi and Union Home Minister Amit Shah should be given credit for the state's development. ...
Business :
Locus commits to long-term employee wealth creation by assigning USD 4 million for its ESOP buyback
Locus, a future-ready platform that automates supply chain decisions, today announced that it has designated USD 4 million for its ESOP buyback. The buyback is at par with the primary of the Series C fundraise. ...
Business :
Locus raises $50 million in Series C funding led by GIC with participation from Qualcomm Ventures and existing investors
Locus, a future-ready platform that automates supply chain decisions, today announced that it has raised $50 million in Series C funding led by GIC, Singapore's sovereign wealth fund, with participation from Qualcomm Ventures LLC and existing investo ...
Business :
General Mills India Center is Great Place to Work - Certified
General Mills India Center (GIC), Mumbai - part of US-based General Mills Inc. - has been recognised as a Great Place to Work® - a definitive 'Employer-of-Choice' certification which benchmarks organizations on the basis of comprehensive parameters a ...
Business :
Godrej Properties raises Rs 3,750 crore through QIP
Godrej Properties said on Tuesday it has raised Rs 3,750 crore through the qualified institutional placement (QIP) route. ...
Business :
GIC to invest Rs 5,512.5 cr in Reliance Retail Ventures
Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced that GIC, a leading global investment fund, will invest Rs 5,512.5 crores into RRVL, a subsidiary of Reliance Industries. ...
National :
Modi makes 3 records with visit to Ram Janmabhoomi
New Delhi, Aug 5 Prime Minister Narendra Modi reached Ayodhya on Wednesday after a gap of 28 years. ... ...
Business :
Burning costs to cool combined ratio for general insurers
With the combined ratio for motor vehicle damage or own damage business line crossing 100 per cent for Indian general insurers it is time for the sectoral regulator and the companies to take corrective action, said senior industry officials. ...
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