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Cigna TTK to raise Cigna's stake in JV

Updated: Wed, Aug 16, 2017
06:39 pm
PTI
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Private health insurer Cigna TTK today filed an application with the regulator Irdai to increase Cigna's stake in the firm from 26 per cent to 49 per cent.

Cigna TTK Health Insurance is a joint venture between US-based Cigna Corporation and TTK Group.

EESL, OMCs sign MoU to distribute LED products Mumbai: Energy Efficiency Services (EESL) today signed an agreement with three state-run oil marketing companies to distribute energy efficient appliances under the Unnat Jeevan by Affordable LEDs and Appliances for All (Ujala) scheme.

Oil marketing firms IOCL, BPCL and HPCL will take up distribution of LED bulbs, LED tubelights and energy efficient fans from select retail outlets, starting from Uttar Pradesh and Maharashtra, EESL said.

MSE carries out live trading from DR site Mumbai: The Metropolitan Stock Exchange today successfully conducted live trading in all segments of the exchange from its disaster recovery site at New Delhi.

Also, MSE subsidiary Metropolitan Clearing Corporation of India carried out all intraday and post trade live operations including settlements from the disaster recovery site, the exchange said in a statement.

"This live trading from the DR site was conducted with no prior announcement to the market and without requiring the trading members to effect any configuration change in their systems, as per Sebi requirements," MSE said.

UpGrad offers online scholarships to young workforce Mumbai: Ronnie Screwvala-promoted online education startup Upgrad is offering scholarships to the young workforce to help them reskill themselves for better job prospects.

It will also especially support and encourage women, retired or ex-members of armed forces, sportspersons who have represented India and persons with special needs.

Waterfield Advisors appoints Kartik Kini as COO Mumbai: Waterfield Advisors has appointed Kartik Kini as chief operating officer for its multi-family office business. Prior to this, Kini was part of the founding team that set up wealth management practise at Avendus.

Waterfield, an advisory firm for entrepreneurs, ultra high networth families, trusts and corporate clients, advises 32 families with total financial assets of over USD 2 billion.

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)