Samie Modak And M Saraswathy

Stories by Samie Modak And M Saraswathy

Complex agenda for new insurance regulator chief

Complex agenda for new insurance regulator chief

Rediff.com   21 Feb 2013

Priority will be to maintain a balance between sector's growth and consumer welfare.

Sahara's significant other worth

Sahara's significant other worth

Rediff.com   15 Feb 2013

The combined market capitalisation of the two listed companies of the Sahara group whose assets have been ordered frozen by the Securities and Exchnage Board of India is just Rs 230 crore.

Insurance sector looking for remunerative tax sops

Insurance sector looking for remunerative tax sops

Rediff.com   14 Feb 2013

Aim is to boost sales volumes and increase penetration.

LIC investment touches Rs 14.8 lakh crore in Dec

LIC investment touches Rs 14.8 lakh crore in Dec

Rediff.com   13 Feb 2013

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.

FM comments spark hopes of STT changes

FM comments spark hopes of STT changes

Rediff.com   12 Feb 2013

Investors expect the govt to abolish tax on delivery-based transactions in the cash segment.

Fresh financial planners foxed by Sebi rules

Fresh financial planners foxed by Sebi rules

Rediff.com   29 Jan 2013

Many fresh pass-outs of the CFP course are faced with up to a two-year delay and thousands of rupees in fees for realisation of their dream, following the notification of new regulations. Sebi notified the Investment Advisers Regulations, 2013, earlier this month.

Remedy needed for India Inc's labour unrest

Remedy needed for India Inc's labour unrest

Rediff.com   28 Jan 2013

The list of companies include big names such as Colgate-Palmolive, Hero, Maruti Suzuki, Hyundai, Videocon, Onida, Arvind Mills, Nokia and Mahindra & Mahindra.

Changing tracks for the love of insurance

Changing tracks for the love of insurance

Rediff.com   24 Jan 2013

Primarily trained for a career in FMCG, he shifted to insurance when the opportunity came his way.

Kumar M Birla to be Birla Sun Life AMC chairman

Kumar M Birla to be Birla Sun Life AMC chairman

Rediff.com   17 Jan 2013

Birla takes over as chairman after his group increased its stake to 51 per cent in November 2012 from the earlier 50 per cent.

India Inc pays directors far less than Cos Bill ceiling

India Inc pays directors far less than Cos Bill ceiling

Rediff.com   20 Dec 2012

Average salary of the 100 best-paid directors is 1% of their companies' net profit.

Life insurers take practical steps to reduce mis-selling

Life insurers take practical steps to reduce mis-selling

Rediff.com   18 Dec 2012

Puts in checks to reach customers before and after selling the policy.

Sebi unhappy with govt move on hike in LIC holding cap

Sebi unhappy with govt move on hike in LIC holding cap

Rediff.com   17 Dec 2012

Regulator fears the insurer may get away without making an open offer.

Investors lap up CARE Ratings public issue

Investors lap up CARE Ratings public issue

Rediff.com   12 Dec 2012

Garners a little over 300,000 retail applications Bharti IPO subscribed 15 per cent on Day One.

'For LIC, online sale is fast becoming a buzzword'

'For LIC, online sale is fast becoming a buzzword'

Rediff.com   7 Dec 2012

Thomas Mathew T, managing director, tells Manojit Saha and M Saraswathy about the LIC's strategy and growth plans.

India Inc springs into action to pare promoter stakes

India Inc springs into action to pare promoter stakes

Rediff.com   23 Nov 2012

Aims for share-sale before US holiday season, 'fiscal cliff' kick in

Sebi mulls exempting govt from open offer obligation

Sebi mulls exempting govt from open offer obligation

Rediff.com   20 Nov 2012

It intends to exempt the government from making the mandatory open offer to buy an additional 26 per cent from minority shareholders if its stake in a company crosses 25 per cent.

Five senior execs quit Tata AIA Life Insurance

Five senior execs quit Tata AIA Life Insurance

Rediff.com   15 Nov 2012

Tata AIA Life Insurance has 13 people at the senior vice-president level.

MCX-SX to go live after registering 350 members

MCX-SX to go live after registering 350 members

Rediff.com   3 Nov 2012

To launch technology infrastructure on Nov 18.

Rigged IPOs: Firms flout Sebi directive

Rigged IPOs: Firms flout Sebi directive

Rediff.com   2 Nov 2012

Since 11 months, Sebi has not been able to make these companies deposit the required money in an escrow account.