Sumit Rai News Today

D2C greengrocer Fraazo raises $50 million from WestBridge, others Mumbai: Fraazo, a direct-to-consumer (D2C) brand in the fresh vegetables and fruits category, has raised $50 million in a funding round led by WestBridge Capital, in a sign of increased competition in the space. Existing investors Sixth Sense Ventures, Equanimity Investments, Apar Group participated in the

In a move towards enhancing the financial solutions available to customers, ESAF Small Finance Bank on Friday announced a bancassurance partnership with Edelweiss Tokio Life Insurance.ESAF is a small finance bank headquartered in Thrissur while ...

The life insurance industrys wishlist for the upcoming Union Budget 2024-25 includes a rationalization of...

The Insurance industry also wants government to roll back its previous decision to tax maturity proceeds of traditional endowment policies with aggregate annual premiums of over Rs 5 lakh.

Different sectors in India have put forth their needs and demands. Here are 15 important things in the wish list of the common man regarding income tax.

Separate tax deduction for life insurance premiums under section 80C is also on the wishlist, given the section is

Blackbird PLC - London-based technology licensor, developer and seller of cloud video editing platform - Says new creator software-as-a-service product elevate.io is on track for general release at...

The annuity double taxation is a big one because India is one of the largest grey countries and a part of the reason annuities are not doing as well is the taxation structure. You are taxing it at entry and exit: Sumit Rai, MD & CEO, Edelweiss Tokio Life Insurance shares his expectations from Budget 2024

“As long as I am physically fit, staying mentally fit is not a challenge for me. I find it much easier and more importantly have the physical stamina to prioritise the activities that are necessary for my mental wellbeing.”

Charting the dynamic shifts in the insurance sector in the past year and anticipating transformative innovations in 2024, , life insurance