Apart from special services from banks for their wealth management needs, HNIs are now getting offers from insurance companies, too.
Entities reluctant to get into new segment till settlement and margin issues are addressed
In the wake of the natural disaster in Uttarakhand, the proposal for 'catastrophe insurance' is in spotlight.
Public general insurance companies to collaborate for speedy settlement of claims
Cyber crimes caused by the insured's employees also get covered under the policy but would exclude the actual perpetrator.
While new business schools come up, industry experts said the quality issue was crucial for them to survive.
Tata Motors, Mahindra & Mahindra and Bajaj Auto have noted a rise in these incidents.
In the April 2012-February 2013 period, the life sector's industry's new business premium collections fell 6.1 per cent, compared to the corresponding period of the previous financial year.
The issues unions have been pursuing aggressively include forced suspensions, flexible work conditions, recognition of a union and salary parity for contract workers.
Though exposure draft proposed 35-60% hike, Irda raised it only 19%.
LIC had evinced interest to purchase the land at Baba Kharak Singh Marg at around Rs 800 crore.
Human resource experts say the volatile environment might change its hiring pattern, with the process spread through the year, instead of happening during December - February as at present.
The market regulator had last month allowed bourses to set up debt segments to develop the country's languishing corporate bond market.
Priority will be to maintain a balance between sector's growth and consumer welfare.
Aim is to boost sales volumes and increase penetration.
According to a presentation by LIC to Parliament standing committee on finance, total investment at the end of March 31, 2012 was Rs 13.49 lakh crore or Rs 13.49 trillion.
The list of companies include big names such as Colgate-Palmolive, Hero, Maruti Suzuki, Hyundai, Videocon, Onida, Arvind Mills, Nokia and Mahindra & Mahindra.
Primarily trained for a career in FMCG, he shifted to insurance when the opportunity came his way.
Birla takes over as chairman after his group increased its stake to 51 per cent in November 2012 from the earlier 50 per cent.
Average salary of the 100 best-paid directors is 1% of their companies' net profit.
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