Most insurers aren't comfortable with subscribing to the National Pension System as they see it as competition.
For FY14, the first full year of the law's implementation, the spend could go up to nearly Rs 8,700 crore (Rs 87 billion), given that India Inc's profitability has grown at a compounded 7.5 per cent annually in the past three years.
Directors that are shareholders will also face more problems.
The insurer plans to hire about 2,00,000 agents this financial year.
More than a decade after it entered the market, Naukri.com, Info Edge (India) Ltd's recruitment services portal, has about 50,000 customers and about 120,000 job listings.
On the other hand, wages in the UK and US are projected to rise by a third by 2030
Sources aware of the development said as part of the project, the airline had signed an agreement with Reliance Industries Ltd, which would extend quality control services at its coastal terminals for ATF imported by the airline.
The rupee, which has depreciated about 23 per cent since May, has increased the loss ratios for the travel insurance segment.
While there has been a rise in obesity reduction surgeries, it may still take time before health insurance cover is made available for these.
Goldman Sachs report says company might buy back shares.
In the last 3 months, rupee has depreciated 16% against dollar.
HDFC Life, which posted a consolidated net profit of Rs 281.83 crore (Rs 2.81 billion) for the quarter ended June compared with Rs 11.92 crore (Rs 119.2 million) in corresponding period last year (according to HDFC's first quarter results), has diversified its distribution mix.
BG Exploration and Production India, a part of UK-based BG group and Reliance Industries, hold 30 per cent stake each in the field, while ONGC has a participating interest of 40 per cent.
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A stumbling economy, a falling currency and high inflation, plus weak consumer demand, mean more and more become excess baggage.
The company has been in talks with ConocoPhillips and Shell for some time. It now says the MoD's stringent norms on exploration in 'no-go' areas is posing a big challenge in taking the deal forward.
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Prior RBI permission a hurdle, given its views; business interest needs to be clearer.
New Irda rules open the way, with 5 entities getting okay to set up as repositories; firms preparing structures for switch
Commercial papers, certificates of deposit also dry up
Apart from special services from banks for their wealth management needs, HNIs are now getting offers from insurance companies, too.
Reliance Gas, which had successfully bid for three cities -- Rajahmundry in Andhra Pradesh, Shahdol in Madhya Pradesh and Yanam in Pondicherry -- during the second round of bidding for CGD in 2009.
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