Raghavendra Kamath &Amp; Niladri Bhattacharya

Stories by Raghavendra Kamath &Amp; Niladri Bhattacharya

Indiabulls told to stop work at its IT Park

Indiabulls told to stop work at its IT Park

Rediff.com   22 Jun 2011

MPCB said Indiabulls had started the construction work at the IT Park project in violation of consent to establish and without complying with its directions issued on January 27.

LIC to rope in Axis Bank for credit card biz

LIC to rope in Axis Bank for credit card biz

Rediff.com   21 Jun 2011

After lying low since its foray into the credit card business two years ago, Life Insurance Corporation (LIC) of India on Monday announced a tie-up with Axis Bank to offer co-branded credit cards to its policyholders and employees.

Retail claim:Biyani joins issue with Mukesh Ambani

Retail claim:Biyani joins issue with Mukesh Ambani

Rediff.com   6 Jun 2011

Reliance Retail, which started in 2006, runs over 1,000 stores across 86 cities.

RIL looks to re-enter cash-&-carry

RIL looks to re-enter cash-&-carry

Rediff.com   6 Jun 2011

RIL had earlier decided not to pursue the cash-and-carry model due to a number of reasons, including a growing unrest towards organised retail.

Kishore Biyani's roadmap for his new venture

Kishore Biyani's roadmap for his new venture

Rediff.com   30 May 2011

Customers want formats which have wide assortment, international products, and so on. Basically, it is an assortment play.

LIC scores best in claims settlement

LIC scores best in claims settlement

Rediff.com   24 May 2011

According to data from company sources, the Life Insurance Corporation of India (LIC) still remains the benchmark when it comes to settling death claims. However, major private players are also fast catching up.

Profit pressures force life insurers to downsize

Profit pressures force life insurers to downsize

Rediff.com   17 May 2011

More than half a dozen life insurance companies -- that are operating for nearly a decade now -- have cut their branch presence significantly in the last six months in a bid to cut cost and increase efficiency.

Essar's realty arm to invest Rs 4,000 crore

Essar's realty arm to invest Rs 4,000 crore

Rediff.com   12 May 2011

Equinox plans to launch 1.4 million sq ft residential project in Bengaluru in the last quarter of calender year 2011 and a one-million housing project in Thane near Mumbai in the next one year.

Terror insurance premium set to rise

Terror insurance premium set to rise

Rediff.com   9 May 2011

Unlike other cases, where elimination of terror kingpins has led to moderation in terror activities, insurers anticipate Osama's death may trigger a series of incidents across the world, especially in the US and Europe.

LIC chairman denied extension, may head UTI MF

LIC chairman denied extension, may head UTI MF

Rediff.com   4 May 2011

T S Vijayan, whose five-term as the chairman of government-owned Life Insurance Corporation of India (LIC) ended on Tuesday, is likely to shift to UTI Mutual Fund as the new head.

Piramal shelves plans to sell Indiareit

Piramal shelves plans to sell Indiareit

Rediff.com   29 Apr 2011

Religare, promoted by billionaire brothers Malvinder and Shivinder Mohan Singh, was in talks with Piramal for six to eight months to buy nearly 80 per cent in Indiareit for around Rs 300 crore (Rs 3 billion).

Race for IL&FS: Orix turns tables on RIL

Race for IL&FS: Orix turns tables on RIL

Rediff.com   28 Apr 2011

Japan's Orix Corporation, which was in talks with Reliance Industries (RIL) to sell its 23.87 per cent stake in Infrastructure Leasing and Finance Company (IL&FS), has bowled a googly.

Rising input costs keep realty prices up

Rising input costs keep realty prices up

Rediff.com   18 Apr 2011

Cement and steel prices have shot up sharply in the past four months, with steel prices rising 10 per cent and cement increasing 34 per cent since January.

Developers offer freebies but buyers not tempted

Developers offer freebies but buyers not tempted

Rediff.com   7 Apr 2011

Freebies do not seem to have attracted many buyers, as both property prices and lending rates continue to remain high.

Future Group in talks to sell cars

Future Group in talks to sell cars

Rediff.com   7 Apr 2011

Big Bazaar stores have sold 900 Nano cars since February, when Tata Motors made the arrangement.

Life insurers seek unit-linked relief

Life insurers seek unit-linked relief

Rediff.com   6 Apr 2011

The Life Insurance Council has made a representation to the Insurance Regulatory Development Authority (Irda), seeking some revisions pertaining to unit-linked products.

India's terrorism risk pool surges

India's terrorism risk pool surges

Rediff.com   4 Apr 2011

Prior to the attack, the size of the pool was around Rs1,400 crore.

Star Union Dai-ichi projects 36% growth

Star Union Dai-ichi projects 36% growth

Rediff.com   31 Mar 2011

Star Union Dai-ichi expects to break even within five years of starting operations.

Free ride for motor cover users to end

Free ride for motor cover users to end

Rediff.com   31 Mar 2011

Govt plans cap on third-party claims, three-year time limit for filing claims.

Reliance Life-Nippon deal may be delayed

Reliance Life-Nippon deal may be delayed

Rediff.com   24 Mar 2011

Nippon Life's plan to buy a stake in Reliance Life may be delayed as the deal requires special permission from the government.