The pension fund managers distribute products under the National Pension System.
After a gap of about five years, a public sector bank (PSB) has decided to rope in a cricketer to boost its brand.
The Reserve Bank of India (RBI) allowing the use of put options in investment agreements has brought needed clarity but it has come with strict restrictions. These could impact investors looking for a minimum rate of return, experts say.
The first step that has been taken by IIB is to bring out unique identity numbers for hospitals.
The stock market watchdog had said any adverse findings by other regulators might have a bearing on the exchange.
Can only suspend non-compliant companies at present owing to a lack of jurisdictional clarity.
RBI's draft guidelines prescribe that banks with a strong capital base and NPAs below 3% can become brokers.
It sets up internal panel to iron out issues companies face with delisting regulations.
Promoters and top executives intending to buy or sell shares of their companies might soon have to inform the market well in advance for such transactions.
According to Insurance Regulatory and Development Authority recommendations, a uniform grace period of 30 days is extended for annual, half-yearly and quarterly renewals, and 15 days for monthly renewals.
Regulator seeks clarification on transfer of convertible debt after merger
Life Insurance Corporation of India (LIC) on Friday got its first female managing director and another new MD.
Armed with fresh powers to conduct search and seizure operations and attach properties and bank accounts, the Securities and Exchange Board of India (Sebi) is going all out to use these effectively.
The Indian Nuclear Energy Pool, meant to insure risks from nuclear reactors, may take longer to be set up. While the idea of forming a pool was mooted earlier this year, it has reached a deadlock owing to differences among the stakeholders on certain clauses.
Most insurers aren't comfortable with subscribing to the National Pension System as they see it as competition.
Reliance Power is at odds with the Securities and Exchange Board of India (Sebi) over the restructuring process involving its fully-owned subsidiary, Reliance Clean Power.
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.
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