Max Life Hits Record 99.8% Claim Settlement Ratio in FY26, Pays ₹1,641 Cr on 20,529 Claims
Max Life Insurance Limited has successfully settled 20,529 death claims worth ₹1,641 crore. Through this, the company achieved its highest-ever individual death claim settlement ratio of 99.8% in the financial year 2025–26. This rate has been consistently increasing from 99.34% in the financial year 2021–22, and due to the trust placed in the company, the…
CRED Founder Kunal Shah Named Head of ‘Whitehouse’ After $900M Motor Investment
Indian entrepreneur and investor Kunal Shah has been appointed as a chief/head by the world’s most influential magazine, Forbes. Motor has already invested $900 million into the company of 41-year-old Kunal Shah, the founder of CRED, an Indian financial technology firm valued at $4.5 billion. Following this investment, Motor’s share in CRED has risen to…
Bharti Airtel Strengthens Global Footprint, Increases Stake in Airtel Africa
Bharti Airtel has increased its stake in Airtel Africa to approximately 79%, following a major share-swap transaction valued at around ₹28,200 crore. The company disclosed the development in a regulatory filing on Tuesday, confirming that it acquired an additional 16.31% stake from Indian Continent Investment Limited (ICIL), a promoter group entity. With this transaction, Bharti…
Samsung Galaxy M47 5G India Launch Date Confirmed; Key Specs and Colour Variants Unveiled
Samsung has officially announced the India launch date of its upcoming Galaxy M47 5G smartphone, alongside revealing key specifications and available colour options ahead of its debut. The new device is positioned in the mid-range segment and is expected to strengthen Samsung’s popular M-series lineup, which has consistently focused on battery life, performance, and value-for-money…
Tech Mahindra Leases Large Commercial Space in Hyderabad for ₹36 Crore Annually
IT services major Tech Mahindra has signed a 10-year lease for nearly 4 lakh square feet of office space in Hyderabad’s Kondapur area, marking a significant expansion of its commercial footprint in one of India’s key IT and Global Capability Centre (GCC) hubs. According to property registration documents reviewed by CRE Matrix, the company has…
Israel Says Troops Authorized to “Eliminate Threats” in Lebanon Amid Rising Border Tensions
The Israeli military has said its soldiers are free to act to “eliminate threats” in Lebanon, signaling an escalation in operational posture along the northern border as cross-border tensions continue to intensify. The statement underscores Israel’s increasingly assertive approach toward security challenges emanating from Lebanese territory, where confrontations with armed groups have periodically flared. According…
Rare Asiatic Black Bear Captured on Camera Trap in Manipur’s Shirui Village, Boosting Conservation Efforts
A rare Asiatic Black Bear (Ursus thibetanus), a species classified as Vulnerable on the International Union for Conservation of Nature (IUCN) Red List, has been recorded through a camera trap in Shirui Village of Ukhrul district, Manipur. The sighting has been described by conservationists as a major milestone for wildlife protection in the region and…
JD Vance Criticises Pakistan, Says ‘No Press Freedom’ Amid US–Iran Deal Disclosure Row
U.S. Vice President JD Vance has taken a swipe at Pakistan over concerns related to press freedom while addressing controversy surrounding the disclosure of a U.S.–Iran agreement. His remarks came during an interaction where he responded to questions about delays and transparency issues in the public communication of the deal, which has been at the…
State Bank of India first to roll out high-leverage FCNR(B) product
State Bank of India (SBI) has moved quickly to take advantage of the Reserve Bank of India’s (RBI) newly introduced concessional framework for foreign currency non-resident (bank) deposits, offering a high-leverage structure of up to nine times on FCNR(B) investments. The bank is the first major lender to operationalise the scheme following the RBI’s announcement…
Bandhan Bank Offers Higher Returns on Foreign Currency Deposits After RBI Move
Bandhan Bank has raised interest rates on Foreign Currency Non-Resident (Bank) or FCNR(B) deposits, offering up to 7.1 per cent on US dollar-denominated deposits of $1 million and above for tenures of three to five years. The revised rates are part of a limited-period offer aimed at attracting higher foreign currency inflows from non-resident Indian…
