M Saraswathy And Somasroy Chakraborty

Stories by M Saraswathy And Somasroy Chakraborty

'Indian management control' clause still grey area for insurers

'Indian management control' clause still grey area for insurers

Rediff.com   20 Mar 2015

The insurance sector is seeking clarity on the 'Indian management control' clause.

Insurers see a change agent in new FDI rules

Insurers see a change agent in new FDI rules

Rediff.com   20 Mar 2015

Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.

Private banks to raise service charges, penalties

Private banks to raise service charges, penalties

Rediff.com   20 Mar 2015

Banks are expected to cut lending rates from April 1.

Rs 50,000-cr cheer for life insurance?

Rs 50,000-cr cheer for life insurance?

Rediff.com   17 Mar 2015

Bupa and Axa have already declared their intention to raise stakes.

Insurers set the ball rolling on foreign stake hike

Insurers set the ball rolling on foreign stake hike

Rediff.com   13 Mar 2015

Bharti will move FIPB soon for increasing Axa's stake to 49%

Double whammy for insurance policyholders

Double whammy for insurance policyholders

Rediff.com   10 Mar 2015

The GST to be implemented from April 1, 2016, will increase the premiums.

E-commerce steals the show at B-school campuses

E-commerce steals the show at B-school campuses

Rediff.com   23 Feb 2015

Prominent recruiters were Flipkart, Urban Ladder, AskmeBazaar etc

Didn't think Ola Cabs, TaxiForSure would last long: Meru

Didn't think Ola Cabs, TaxiForSure would last long: Meru

Rediff.com   2 Feb 2015

Meru Cabs' founder says they were a traditional company.

Send money 24x7 using only your phone's address book!

Send money 24x7 using only your phone's address book!

Rediff.com   30 Jan 2015

Chillr App allows users to send money to any contact in phone books.

Defaulter? No job for you in banks

Defaulter? No job for you in banks

Rediff.com   21 Jan 2015

Some leading private and foreign banks in the country have started checking scores of credit information companies such as Credit Information Bureau Ltd as part of their pre-employment screening process.

For HNIs, EB-5 investor visa better than F-1 student visa: Experts

For HNIs, EB-5 investor visa better than F-1 student visa: Experts

Rediff.com   28 Dec 2014

The EB-5 Programme has been in effect since 1990 as an opportunity for the immigrant and their family to obtain permanent residency to the US.

Kingfisher not a wilful defaulter, says HC

Kingfisher not a wilful defaulter, says HC

Rediff.com   28 Dec 2014

Calcutta HC dismisses United Bank of India's decision on technical grounds

5 entities file lawsuit against ICICI Bank UK

5 entities file lawsuit against ICICI Bank UK

Rediff.com   27 Dec 2014

Bank dismisses mis-selling charges, says lawsuit filed after it initiated legal recovery action over loan default

Fate of the new Insurance Bill remains uncertain

Fate of the new Insurance Bill remains uncertain

Rediff.com   24 Dec 2014

The new Insurance Bill may take little time to see light of teh day.

Banks tell SpiceJet to repay dues

Banks tell SpiceJet to repay dues

Rediff.com   18 Dec 2014

The Directorate General of Civil Aviation has been asked to open up bookings of SpiceJet till March 31, 2015, while airport operators have been asked to provide 15 days to the airline company for making payments.

5 reasons why Modi govt may miss FY15 divestment target

5 reasons why Modi govt may miss FY15 divestment target

Rediff.com   17 Dec 2014

It has so far managed to raise only Rs 1,700 crore (Rs 17 billion), by divesting a 5% stake in Steel Authority of India.

The rise, fall & return of Vikram Akula

The rise, fall & return of Vikram Akula

Rediff.com   16 Dec 2014

It might be difficult to repeat the SKS success with VAYA Finserv, say analysts

Swiss schools want more Indian students

Swiss schools want more Indian students

Rediff.com   12 Dec 2014

For the first time in India, Swiss Learning, an educational body managed by the Heads of Swiss Educational Institutes, has brought representatives from various schools from the country to meet stakeholders, Indian schools and parents of potential students.

New Insurance Bill is passed but firms not in a rush for FDI

New Insurance Bill is passed but firms not in a rush for FDI

Rediff.com   11 Dec 2014

Insurance firms want more clarity before increasing foreign partner's stake.

High-profile bankers find it tough to turn around small private banks

High-profile bankers find it tough to turn around small private banks

Rediff.com   10 Dec 2014

Poor governance, constant interference of promoters, opposition from unions and talks of being an acquisition target seen as main deterrents.