gic

Skyroot Aerospace has achieved unicorn status by raising $60 million at a $1.1 billion valuation, becoming India's first space tech unicorn. Co-led by Sherpalo Ventures and gic, the funding will accelerate Vikram-1 launches, scale manufacturing, and develop Vikram-2. This investment underscores global confidence in India's private space sector.

AI giants OpenAI and Anthropic are intensifying their competition by launching new ventures aimed at boosting enterprise AI adoption. Both companies have secured significant funding from major financial institutions to help businesses integrate their AI tools into daily operations. This strategic move prioritizes real-world usage and revenue growth as both firms reportedly explore public listings.

Tallital Residents Block Highway Over Delayed Safety Action

According to a government official, multiple options are under consideration, with any decision on establishing such a facility likely to be taken only after the Strait of Hormuz route reopens.

The Kendriya Sainik Board provides financial relief to armed forces members. This scheme offers a 50% interest subsidy on home loans. Eligible beneficiaries include war-bereaved families and disabled personnel. The subsidy is capped at Rs 1 lakh for five years. Applicants need to register online and submit forms to the District Sainik Board.

Reinsurers, P&I Clubs Cancel War Cover, In 'Wait & Watch' Mode

Today is the last day to apply for the initial public offering (IPO) of the state-run reinsurer General Insurance Corp (gic) of India. The Rs 113.73 billion ($1.75 billion) IPO of the company was subscribed 90 per cent by the second day of the sale on Thursday.

Singapore’s sovereign wealth fund gic will acquire a 49 per cent stake in Provenance Land, the developer that introduced the Four Seasons brand in India, for over Rs 1,000 crore.

gic Re, the sole Indian reinsurer, is set to acquire South Africa's Saxum Re.

Sadhguru will kickstart ‘Green India Challenge 5.0’ at Shamshabad on Thursday. The Green India Challenge (gic), launched with an aim to improve green cover and save environment, is entering its fifth year.

The General Insurance Corporation of India (gic) has announced the recruitment of Assistant Managers to fill 110 vacancies. Interested candidates can apply online through the official gic website by December 19, 2024. The selection process includes a written exam, group discussion, personal interview, and medical evaluation. The basic salary for the position is Rs. 50,925, with additional benefits.

NEW DELHI: General Insurance Corporation (gic) is likely to buy out 40 per cent stake held by Soros-Chatterjee Group in its mutual fund arm.

Singapore’s sovereign wealth fund gic is in advanced talks to acquire Shriram Group’s nearly 2 million sqft IT SEZ in Chennai for Rs 860 crore ($136 million), marking its third big-ticket commercial office purchase in the last five months in India.

In a bid to reduce pollution in Delhi, the Green India Challenge (gic) has taken up the task of planting one lakh saplings in the national capital in association with Delhi Municipal Corporation.

National reinsurer General Insurance Corporation (gic Re) has decided to bring down the cost of terror cover and has increased limits under the national terror insurance pool which it manages.

Mumbai, Oct 23 () The country's national reinsurer, gic Re, will be listed on the National Stock Exchange (NSE) on October 25. gic Re's IPO, which was open from October 11 to 13, was subscribed 1.37 times.

General Insurance Corporation of India, or gic Re as the national reinsurer is now known, is expected to report its first ever net loss and an underwriting loss of around Rs 1,500 crore — the highest in its history.

The sixth phase of Green India Challenge (gic) was launched at Kondagattu forest area in Jagtial district on Saturday by planting nearly 1,000 saplings. gic founder and MP Joginapally Santosh Kumar, ministers A Indrakaran Reddy, Koppula Eshwar and Gangula Kamalakar, MLAs and officials took part.