Life Insurance Corporation of India (LIC) on Friday got its first female managing director and another new MD.
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.
Chandrasekaran speaks about sustaining growth and TCS' growing importance in the Tata Group.
Most insurers aren't comfortable with subscribing to the National Pension System as they see it as competition.
A few analysts were surprised by the revenue growth of 3.8 per cent; many had expected revenue growth to be 2.5-2.7 per cent.
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.
The rupee, which has depreciated about 23 per cent since May, has increased the loss ratios for the travel insurance segment.
While there has been a rise in obesity reduction surgeries, it may still take time before health insurance cover is made available for these.
Meru Cabs and OlaCabs among radio cabs and bus ticket booking provider Redbus have been using big data analytics.
HDFC Life, which posted a consolidated net profit of Rs 281.83 crore (Rs 2.81 billion) for the quarter ended June compared with Rs 11.92 crore (Rs 119.2 million) in corresponding period last year (according to HDFC's first quarter results), has diversified its distribution mix.
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A stumbling economy, a falling currency and high inflation, plus weak consumer demand, mean more and more become excess baggage.
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Prior RBI permission a hurdle, given its views; business interest needs to be clearer.
Company says integration of various businesses will reap fruit.
New Irda rules open the way, with 5 entities getting okay to set up as repositories; firms preparing structures for switch
Commercial papers, certificates of deposit also dry up
Apart from special services from banks for their wealth management needs, HNIs are now getting offers from insurance companies, too.
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