Samie Modak And M Saraswathy

Stories by Samie Modak And M Saraswathy

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.

Was Rakesh Jhunjhunwala wrong in buying SpiceJet shares?

Was Rakesh Jhunjhunwala wrong in buying SpiceJet shares?

Rediff.com   15 Dec 2014

The market is abuzz about how the fabled investor got it wrong.

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.

Theft-wary ATM service providers seek cover

Theft-wary ATM service providers seek cover

Rediff.com   6 Dec 2014

The insurance brokerage had experience of settling claims in Jammu and Kashmir and Visakhapatnam in Andhra Pradesh during natural catastrophes earlier this year.

Jan Dhan: 72.5 mn accounts opened, but 75% have no balance

Jan Dhan: 72.5 mn accounts opened, but 75% have no balance

Rediff.com   13 Nov 2014

The data show close to 72.5 million accounts have been opened till November 10 with an average 500,000 opened every day.

E-commerce: Flood of complaints refuses to recede

E-commerce: Flood of complaints refuses to recede

Rediff.com   7 Nov 2014

There are umpteen cases where travel websites and airlines advertise tickets for unbelievably low prices, without mentioning taxes and other charges.

Ulips are cheaper, yet not useful

Ulips are cheaper, yet not useful

Rediff.com   3 Nov 2014

Cost is not the only factor that one should look at. It's best to keep investment and insurance apart

Equity raising? India Inc in wait-and-watch mode for now

Equity raising? India Inc in wait-and-watch mode for now

Rediff.com   29 Oct 2014

Experts said equity raising was also hampered due to flight of capital from foreign investors. FIIs have sold more $500 million (Rs 3,200 crore) in October.

Things you should know before buying a health policy

Things you should know before buying a health policy

Rediff.com   28 Oct 2014

Health insurance has almost 23 per cent market share in the general insurance space.

Insurance firms wake up to tackle fake claims

Insurance firms wake up to tackle fake claims

Rediff.com   23 Oct 2014

A senior life insurance official point out there have also been cases involving former insurance agents.

Post Lehman episode, Indian equity markets were at its best

Post Lehman episode, Indian equity markets were at its best

Rediff.com   21 Oct 2014

Government divestment reached record figures after the financial crisis, at the same time as promoters were required to bring down their stake in companies to 75 per cent or less.

Good news! India's job market is looking up

Good news! India's job market is looking up

Rediff.com   21 Oct 2014

Banking and IT lead; see September hiring rise 52%, 34% y-o-y, respectively.

Cyclone Hudhud: Insurance claims to cross Rs 4,000 cr

Cyclone Hudhud: Insurance claims to cross Rs 4,000 cr

Rediff.com   15 Oct 2014

This could impact their books in the third quarter of the current financial year.

Life insurers oppose major change in provisions

Life insurers oppose major change in provisions

Rediff.com   11 Oct 2014

Section 45 in the new Bill says no claim can be repudiated after three years of the policy being in force, even if a fraud is detected, has sent life insurers into a tizzy.

Sebi plans to cut IPO timeline to just 4 days

Sebi plans to cut IPO timeline to just 4 days

Rediff.com   1 Oct 2014

An alternative way is to make the Asba (Applications supported by blocked amount) facility compulsory for retail investors.

Now dating sites for the highly educated

Now dating sites for the highly educated

Rediff.com   15 Sep 2014

A slew of websites are catering to matchmaking needs of IITians, IIMians and others with high educational qualifications.

Will FII inflows to India start slowing?

Will FII inflows to India start slowing?

Rediff.com   15 Sep 2014

They have put in $14 billion so far in 2014 but this could get slower if the US Fed raises rates; however, there are expectations on compensatory flows.

Sebi likely to ease deadline for corporate governance norms

Sebi likely to ease deadline for corporate governance norms

Rediff.com   15 Sep 2014

Two weeks ahead of October 1 deadline, Sebi likely to relax certain conditions.

Govt nudges bankers to skip big private issues for a while

Govt nudges bankers to skip big private issues for a while

Rediff.com   12 Sep 2014

Move aimed at avoiding crowding of public issues during the Centre's mega disinvestments in coming months.