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RIL, ONGC, SBI, BHEL, L&T could be out of Sensex in 10 years: Ambit Capital

New entrants could include Flipkart, Paytm, Cafe Coffee Day and ICICI Prudential Life Insurance Index heavyweights stocks like Reliance Industries (RIL), ONGC, Larsen & Toubro (L&T), State Bank of......

SBI to divest up to 10% stake in its life insurance venture

State Bank of India on Tuesday said it plans to divest up to 10 per cent stake in its life insurance arm SBI Life. "The executive committee of the central board on Tuesday authorised divestment 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......

Pratip Chaudhuri: SBI's conscience keeper?

The first six months are usually a honeymoon period in a CEO's life. But Pratip Chaudhuri says his first six months as chairman of State Bank of India (SBI) were "terrible". We soon find out why,......

SBI Life launches multi-lingual website

Private insurer SBI Life Insurance today launched multi-lingual website in nine Indian languages to facilitate communication with customers in the language they are comfortable with.The website......
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News Roundup | BJP ready to discuss changes in GST with Congress

Finance minister Arun Jaitley forcefully questioned the rationality of Congress's demand for changes in GST, but ready to discuss the issue with... ...
How Mallya plans to settle Kingfisher dues

  He skirts the issue of boardroom battle with Diageo at AGM Sporting a French beard and a ponytail, Vijay Mallya, skirted questions from... ...
SBI Life Insurance Company buys Rs 140 crore office space in Navi Mumbai

MUMBAI: In the largest commercial space transaction in Navi Mumbai, SBI Life Insurance Company has bought 1.30 lakh sq ft office space from L&T... ...
Pension fund managers to be appointed for open-ended term

The Pension Fund Regulatory and Development Authority (PFRDA) is likely to appoint fund managers for an open-ended term, against a three-year... ...
Easing of FDI norms boosts deals in insurance space

There have been plenty of deals in the insurance space recently, thanks to the government increasing the foreign direct investment cap to 49 per... ...

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