Blog – Page 246 – THE ECONOMIC INDIA

04 Dec

Car Insurance Premiums Likely to Rise on Reinsurance Costs: A Brief Account

Financefinance

Mumbai (Maharashtra) [India], December 4: Vehicle insurance premiums are expected to rise as insurers face higher reinsurance costs. Reinsurance assists insurance firms in managing major and unforeseen claims by distributing the risk with international partners. As the charges are raised by these international partners, the insurers tend to transfer the increment to the customers. As reinsurance is being driven high because of extreme weather losses, inflation and pressure on economies, car owners may have to pay a higher amount of their premiums. In this aspect, we’ll discuss the role of reinsurance in car insurance and how to navigate this increasing premium landscape.…

04 Dec

SANS Institute and DSCI Launch India’s First Comprehensive Study on Cybersecurity Skilling Landscape

BusinessBusiness

New Delhi [India], December 4: SANS Institute, the world’s most trusted provider of cybersecurity training, in partnership with the Data Security Council of India (DSCI), has launched a first-of-its-kind study to map India’s evolving cybersecurity skilling landscape. This pioneering initiative will identify key talent gaps, evaluate current training efforts, and deliver a roadmap to strengthen India’s cyber workforce. As digital transformation accelerates and technologies like AI and quantum computing reshape the threat landscape, this study will provide the first in-depth analysis of cybersecurity skills needs across the region. Mapping Skill Gaps & Industry Needs The study will assess cybersecurity skilling…

04 Dec

Kalinga Institute of Social Sciences Celebrates J.M. Meenu Malhotra’s Legacy with Honoris Causa Award

EducationEducation

Bhubaneswar (Odisha) [India], December 4: The Kalinga Institute of Social Sciences (KISS) Deemed to be University celebrated its 5th Annual Convocation today where global business leader and Honorary Consul General of India in England, J. M. Meenu Malhotra, was conferred the prestigious Degree of Doctor of Letters (Honoris Causa) in recognition of his outstanding contributions to business, philanthropy, community service, and India-UK relations. Born in 1960 in Ludhiana, J. M. Meenu Malhotra moved to England at the age of 19 and began his journey with a modest job as a paper shop boy, earning £30 for a 90-hour week. From…

04 Dec

Clearclaim Leads National Effort to Unlock India’s INR 4,00,000 Crore in Dormant Shares and Dividends

BusinessBusiness

Pune (Maharashtra) [India], December 4: India is presently saddled with the challenge of nearly ₹4,00,000 crore (USD 50 billion) worth of shares, dividends, and financial assets lying dormant and unclaimed due to lack of awareness, outdated documentation, and procedural delays. Many investors and legal heirs face significant hardship in retrieving their rightful investments due to misplaced paperwork, unreported change of address, or the demise of the original shareholders. Addressing this growing concern, Clearclaim is a committed investor services and recovery platform that has scaled up its operations to help people reclaim their old, forgotten investments. The company offers an end-to-end…

04 Dec

Former Merkle India CSO and Fractal Ink Founders Launch App ‘BoiPoka’ to Connect Readers Through Their Books

BusinessBusiness

New Delhi [India], December 4: BoiPoka Labs Private Limited today announced the launch of BoiPoka, a mobile app that lets readers digitise their entire bookshelf with a single photograph and discover people who share their literary interests. The app was created by Meera Raman, former Chief Strategy Officer at Merkle India. They recognised that existing apps stored books or showcased personas, but none helped people find each other through the ideas that mattered to them. BoiPoka was built to address that gap. BoiPoka offers an alternative to superficial social feeds by matching people through what they read Early users say they’re finding…

04 Dec

Paramatrix Technologies Announces Acquisition of Metasys Software

BusinessBusiness

Navi Mumbai (Maharashtra) [India], December 4: Paramatrix Technologies Limited (Paramatrix) (NSE: PARAMATRIX), a trusted provider of enterprise software products and digital IT services, today announced that its Board of Directors has approved the execution of a Share Purchase Agreement (SPA) to acquire 100% equity stake in Metasys Software Private Limited, a Mumbai-based software development and IT services company. The acquisition aligns with Paramatrix’s long-term growth strategy to strengthen its technology portfolio and expand its global delivery capabilities. The acquisition of 100% shareholding will be executed in three tranches over the next one year, with the transaction structured as a cash…

04 Dec

Flywings Simulator Training Centre Limited IPO Opens on December 05, 2025

BusinessBusiness

Mumbai (Maharashtra) [India], December 4: Flywings Simulator Training Centre Limited (The Company, Flywings) provides simulation-based aviation training with a focus on Safety and Emergency Procedures (SEP) for cabin and cockpit crew,proposes to open its Initial Public Offering on Friday, December 05, 2025 aiming to raise ₹ 57.05 Crore (At Upper Price Band), with shares to be listed on the NSE Emerge platform. The issue size is 29,86,800 equity shares at a face value of ₹10 each with a price band of ₹ 181 – ₹ 191 Per Share. Equity Share Allocation • Anchor Portion – 8,50,200 Equity Shares • Qualified Institutional Buyer – 5,67,000 Equity Shares • Non-Institutional Investors – Not less than 4,26,600Equity Shares • Retail Individual Investors – Not less than 9,93,600Equity Shares • Market Maker – Up To 1,49,400 Equity Shares The net proceeds from the IPO will be utilized for…

04 Dec

Vidyasvam’s Approach to Samskrita: Blending Traditional Grammar With Contemporary Pedagogy

EducationEducation

Bengaluru (Karnataka) [India], December 4: Learning Samskrita has always been a meaningful pursuit, yet many learners feel intimidated when they encounter rigid methods, dense rules, or traditional explanations that rely heavily on memorization. Today’s learners, especially working professionals and students, need clarity and structure. They prefer an approach that is systematic, easy to follow, and rooted in understanding rather than rote learning. Vidyasvam bridges this need by bringing together the depth of traditional Samskrita grammar and a learning environment designed for modern minds. At Vidyasvam, the focus is not only on preserving the classical richness of the language but also on…

04 Dec

India and Obesity: SMSRC Insights Report reveals the weight of opportunity

HealthHealth

New Delhi [India], December 2: India stands at an inflexion point in its battle with obesity. For many years, obesity remained peripheral to mainstream clinical focus, overshadowed by diabetes, cardiovascular disease and chronic respiratory illness. New real-world evidence from the latest “SMSRC Insights” Report (a data-based research study), based on aggregated and de-identified data on prescription behaviour from nearly 10,700 OPD-practising physicians across Tier 1 to Tier 3 cities, shows that this situation is changing rapidly. Obesity is positioning itself as one of the most significant chronic diseases of the next decade. It is redefining patient demographics, influencing how physicians…

04 Dec

Dr. Rajib Mukhapadhyay Receives ET Young Industry Leaders 2025 Award from Taapsee Pannu for Skill Development through Le Rythme

BusinessBusiness

New Delhi [India], December 2: Dr. Rajib Mukhapadhyay, Country Head & Director (Finance) at SkyPower Global and Co-founder of Le Rythme, has been conferred with the prestigious ET Young Industry Leaders 2025 Award, recognising his exceptional contribution to social service, inclusive growth, and skill development through his NGO, Le Rythme, across India. The honour was presented by celebrated Bollywood actress Taapsee Pannu at an elite ceremony hosted at The Grand, New Delhi, in the presence of eminent industry leaders, policymakers, and changemakers. A distinguished academic and corporate strategist, Dr. Mukhapadhyay is an alumnus of IIM Kolkata and a respected Fellow Member of The Institute of Cost Accountants of…