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The tragicomedy of Mumbai's LAST telegram

The last telegraphic message to be sent from Mumbai's Central Telegraph Office was not a personal message, neither was it a patriotic one. Nitin Rastogi, a 31-year-old deputy general manager at......

Rs 50,000-cr cheer for life insurance?

After passage of Bill raising cap on foreign investment to 49% in the sector, experts say this money can be raised in the next 3 years; top five can make gains of Rs 20K crore After the passage of......

Guaranteed plans will give lower returns than FDs, debt

Last month, two life insurance companies launched plans that offered guaranteed savings and income -- SBI Life Insurance's Smart Guaranteed Savings Plan and Max Life Insurance's Guaranteed Income......

Life insurance policies most popular amid online shoppers: Study

Those who were young, had high income, were highly educated and Internet-savvy displayed higher confidence on family protection levelsLife insurance has been ranked as the most popular financial......

Samsung Life set to buy 26% in ING Insurance

Deal with current owner Exide may be signed next weekExide Industries, which fully-owns ING Life Insurance, is in advanced stages of negotiations to sell 26 per cent of its stake to Korean insurer......

Life insurers take practical steps to reduce mis-selling

Anita Nair, 45, an artist, recently purchased a unit-linked plan from a private insurance company. The agent had told her it would be a five-year term.After she paid the premium and signed the......
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Nippon buys additional 23% in Reliance Life for Rs 2,265 crore

Japan's Nippon Life Insurance has agreed to increase its equity stake in Anil Ambani led Reliance Life Insurance to 49% from the existing 26% for... ...
Rajan to hold interest rate

Bankers, economists and market participants expect the Reserve Bank of India (RBI) to maintain status quo in its fifth bi-monthly policy review for... ...
Valuation disparity may deter insurance stake sales

The number of incremental deals in the insurance sector after the government raised the foreign direct investment cap to 49 per cent is likely to... ...
Dalal Street yearns for GST, Opposition in no mood to give in

NEW DELHI: The winter session of Parliament, which will run from November 26 through December 23, is expected to be a stormy one, but the stock... ...
9 states declare drought so far

Telangana is the latest to declare drought thanks to successive monsoon deficits. Ten districts covering 231 sub-districts have been declared as... ...

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