Abhineet Kumar, Anirudh Laskar &Amp; Shilpy Sinha

Stories by Abhineet Kumar, Anirudh Laskar &Amp; Shilpy Sinha

Ride your fitness dreams on a health cover

Ride your fitness dreams on a health cover

Rediff.com   17 Jun 2010

You need not shell out the big bucks to be pampered. Buy a health cover and enjoy luxury treatment at a spa, join a gymnasium or a yoga centre and get the necessary incentives that suit your budget.

US Gulf moratorium to hit Indian drilling firms

US Gulf moratorium to hit Indian drilling firms

Rediff.com   15 Jun 2010

The six-month moratorium on deep-water drilling in the Gulf of Mexico is likely to delay the deployment of idle rigs by Aban Offshore and impact the day rates for support vessels that companies such as Great Offshore supply.

Foreign cos may have to cut stake in insurance JVs

Foreign cos may have to cut stake in insurance JVs

Rediff.com   14 Jun 2010

The government had last week hinted that it was open to a review of the 25 per cent public shareholding norm, but as of now, the rules remain in force.

Crash fallout: Aviation insurance rates harden

Crash fallout: Aviation insurance rates harden

Rediff.com   24 May 2010

Air India, which this year preferred a consortium of private sector players led by Reliance General, had in fact started feeling the heat even before the crash took place.

 'Europe's problems will have a global impact'

'Europe's problems will have a global impact'

Rediff.com   21 May 2010

Rohit Chatterji, the new managing director and head of investment banking at J P Morgan, is cautious about the European crisis turning from a liquidity issue to a solvency crisis.

Deal size surges as risk appetite is back

Deal size surges as risk appetite is back

Rediff.com   19 May 2010

The average deal size has gone up from $7 million in 2009 to $12 million this year.

Baltic rises, but leaves shipping stocks dry

Baltic rises, but leaves shipping stocks dry

Rediff.com   18 May 2010

While the stock markets across the world have fallen on the back of the credit crisis in Greece and its contagion effect, shipping rates for dry bulk carriers have firmed up since the development.

GIC may take Rs 120-cr hit from Libyan air crash

GIC may take Rs 120-cr hit from Libyan air crash

Rediff.com   17 May 2010

The reinsurer expects total insurance cover to be around $500 million.

Life insurers get a glimpse of profit

Life insurers get a glimpse of profit

Rediff.com   12 May 2010

After reeling under losses for almost a decade, life insurance companies are now turning the tide. Four life insurers have, so far, posted profit, while three of them have brought down their losses.

Buffett eyes majority stake in PSU insurance co

Buffett eyes majority stake in PSU insurance co

Rediff.com   10 May 2010

At present, the rules do not allow the government to shed stake in the four public sector general insurance companies - New India Assurance, United India Insurance, National Insurance and Oriental Insurance.

Greek crisis: Investment bankers see opportunity

Greek crisis: Investment bankers see opportunity

Rediff.com   5 May 2010

The European economic crisis could be an opportunity for Indian corporate houses. Leading investment bankers say assets, globally, are available at attractive valuations and the rise in domestic stock prices has added more strength to balance sheets of Indian companies.

Now, Irda focuses on policyholder protection

Now, Irda focuses on policyholder protection

Rediff.com   5 May 2010

After trying to reform unit-linked insurance plans (Ulips), the Insurance Regulatory and Development Authority (Irda) is now turning its attention to the protection of policyholders.

Inflation clouds gather over Indian economy

Inflation clouds gather over Indian economy

Rediff.com   3 May 2010

Most economists say the impact on inflation could be substantial, considering that steel prices rose by over 9 per cent in the past year.

NTT close to buying out Patni promoters

NTT close to buying out Patni promoters

Rediff.com   1 May 2010

Japan's leading information technology services and solutions provider, NTT Data Corporation, has emerged as the most aggressive suitor for Indian software services firm Patni Computer Systems. NTT is in advanced talks with the promoters of Patni Computer to buy their combined 46.5 per cent stake, investment banking sources said.

Sebi drops legal option on Ulips

Sebi drops legal option on Ulips

Rediff.com   29 Apr 2010

The Securities and Exchange Board of India (Sebi) has decided against filing a joint application before a court to resolve its dispute with the Insurance Regulatory and Development Authority over unit-linked insurance plans.

Insurance firms set to defy Sebi

Insurance firms set to defy Sebi

Rediff.com   27 Apr 2010

Several life insurance companies in the country are preparing to take on the markets regulator Securities and Exchange Board of India over unit-linked insurance plans.

ArcelorMittal eyes stake in Ferro Alloys Corp

ArcelorMittal eyes stake in Ferro Alloys Corp

Rediff.com   20 Apr 2010

"ArcelorMittal has shown interest in the stake buy and the due diligence will start soon," said an official familiar with the development. The Facor stock closed at Rs 23.5 a share on the Bombay Stock Exchange today. At the current price, the company has a market capitalisation of Rs 435 crore. However, the deal is expected at Rs 35 a share, about 50 per cent premium to the current market price.

IPL row: Rendezvous sweat equity violates norms

IPL row: Rendezvous sweat equity violates norms

Rediff.com   17 Apr 2010

Rendezvous Sports World, part of the consortium that owns Kochi franchise of the Indian Premier League (IPL), may not be technically having the "sweat equity" that they claim to have.

Now company health insurance post-retirement too

Now company health insurance post-retirement too

Rediff.com   15 Apr 2010

Firm offers no-pain switch from company cover.

Metal prices surge on demand

Metal prices surge on demand

Rediff.com   3 Apr 2010

Base metals have recorded a sharp rise in prices as global demand picks up. Rising alongside are the share prices of the leading metal companies in the country like Sterlite, National Aluminium Company and Hindustan Zinc.