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Insurers resist as customer comfort weighs on exec pay
Indian insurers are opposing new rules for executive pay. The regulator wants to link compensation to customer service, not just profits. Insurers argue a one-size-fits-all approach won't work for all companies. They seek flexibility in setting performance goals. This comes amid increased scrutiny of claims and customer service.
Insurers resist as customer comfort weighs on exec pay
Indian insurers are opposing new rules for executive pay. The regulator wants to link compensation to customer service, not just profits. Insurers argue a one-size-fits-all approach won't work for all companies. They seek flexibility in setting performance goals. This comes amid increased scrutiny of claims and customer service.
BLS E-Services Q4 profit up 5 pc to Rs 18 cr
Shikhar Aggarwal, Chairman of BLS E-Services, attributed the robust quarterly earnings to a strong growth across its core businesses and the increasing scale of its assisted digital and citizen service offerings.
Who Is Padma Jaiswal? Senior IAS Officer Removed From Service — All You Need To Know
Officials described the removal of a serving officer of such seniority as an exceptional measure.
Is Spotify Down? Downdetector Reports Jump Worldwide, Service Restored After Widespread Outage
Is Spotify Down? Spotify says "all clear" after disruption
Sebi proposes allowing depositories to use part of IPF investment income for trust expenses
At present, stock exchanges are permitted to use a maximum of 5 per cent of the interest or income generated from IPF investments for meeting expenses related to dedicated employees of the IPF Trust, administration of Investor Service Centres, and other statutory and administrative expenses such as taxes, audit fees and charity commissioner fees. However, no such provision exists for depositories.
CMS Info Systems wins ₹400 crore order from HDFC Bank for ATM services; Stock may react
The order is valued at ₹400 crore across 6,000 ATMs. CMS said as per of the five-year contract, it will manage the service solutions including currency forecast and logistics and its Vision AI solution - HAWKAI.
8th central pay commission: Who is IAS Pankaj Jain, Member Secretary of the 8th CPC panel with over 35 years in policy?
The 8th central pay commission's Member Secretary Pankaj Jain is an Indian Administrative Service cadre with over 35 years of experience across various policy positions with the central government. Here's all you need to know about him…
Global business consulting firm EisnerAmper India appoints Radhika Harivanam as managing director
EisnerAmper India proudly announces the appointment of Radhika Harivanam as its new managing director. With an impressive 20-year track record in the industry, Harivanam is set to enhance client services across all of EisnerAmper's branches in India. Her vision focuses on nurturing client partnerships and optimizing service delivery.
Claude's New AI-IT Services Bet: Should Infosys, TCS Be Worried? Jefferies Says Yes
The concern is not just that AI firms are becoming service providers, but that they may eventually compete directly with incumbent IT vendors for transformation budgets, enterprise relationships and new client additions.
Bombay HC quashes Rs 1,524 crore proposed GST demand on Tata Sons in Docomo arbitration payout case
The Bombay High Court quashed a Rs 1,524 crore GST demand against Tata Sons, ruling that payments made to NTT Docomo as an arbitration award do not constitute a taxable 'supply of service'. The court found the revenue department's attempt to levy GST on the settlement of the arbitral award to be unjustified, setting aside the show cause notice.
Vande Bharat Express now links Jammu to Srinagar directly
Union Railways Minister Ashwini Vaishnaw launched the 20-coach Vande Bharat Express in Jammu and Kashmir. This marks the first direct rail link between Jammu and Srinagar. The service reduces travel time and provides an all-weather connection. The train is popular and has become a lifeline for the region. Future plans include connecting Poonch, Rajouri, and Uri to the rail network.