Insurance - general
PM launches universal health insurance programme Ayushman Bharat
24 Sep 2018
Claimed to be the world’s largest health insurance programme, covering 500 million people, the Pradhan Mantri Jan Aarogya Yojana (PMJAY) will provide a cover of up to Rs5 lakh per family per year, for secondary and tertiary care hospitalisation
US health insurer Cigna to buy Express Scripts in $67-bn deal
08 Mar 2018
The acquisition highlights a trend toward cost-control through the merger of insurers with medical suppliers and healthcare providers
Azim Premji joins with Prudential of US to bid for Star Health
06 Mar 2018
US insurer Prudential and Wipro founder Azim Premji are joining forces to challenge a consortium of WestBridge Capital and Kedaara Capital, besides others, in the fight for a controlling stake in Star Health and Allied Insurance
Delhi High Court tells insurance regulator to clean up ‘exclusion clauses’ for health covers
27 Feb 2018
CVS Health to buy Aetna for around $69 bn
04 Dec 2017
The deal would help the drugstore giant fortify itself against looming competition from Amazon.com Inc, and also save around $750 million annually
CVS Health nears deal to buy health insurer Aetna for over $66 bn
02 Dec 2017
US pharmacy operator CVS Health Corp (CVS) is nearing a deal to buy the third-largest health insurer in the US, Aetna Inc, for over $66 billion, and an agreement could be announced as early as Sunday or Monday
US drug retailer CVS may buy health insurer Aetna for $66 bn
27 Oct 2017
A deal would merge one of the nation’s largest pharmacy benefits managers and pharmacy operators with one of its oldest health insurers, as CVS Health Corp seeks to fortify itself against looming competition from Amazon.com
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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