While investments are typically reviewed annually, risk cover is often left unchanged for years.
Sunil Bharti Mittal-led conglomerate Bharti Enterprises and private equity firm Warburg Pincus will collectively acquire a 49 per cent stake in Haier Appliances India, the local unit of China's Shandong-based Haier group, for an undisclosed amount. The transaction, according to industry sources, values the company at about 15,000 crore.
The DPDP rules, which have come into effect, require companies to implement a data protection and consent management system by November 2026.
Insurance intermediaries who receive disproportionately high commissions are likely to see a decline in their payouts, post the new Insurance Amendment Bill. The new Bill gives the Insurance Regulatory & Development Authority of India (Irdai) the power to disgorge unlawful gains made by insurers and intermediaries as well as the right to limit commissions paid to intermediaries.
Young investors with a higher risk appetite are better off with a combination of term insurance and equity funds.
'Our new business premium is around Rs 700 crore, which we want to take to Rs 2,000 crore.'
The Insurance Regulatory and Development Authority of India's (Irdai's) decision to allow insurers to hedge risks through equity derivatives will help them manage market volatility and protect policyholder returns. However, this move is unlikely to alter their investment strategies.
The Rs 6,145-crore initial public offer of electric two-wheeler company Ola Electric Mobility got fully subscribed on the second day of bidding on Monday, driven by demand from retail investors and non-institutional investors. The initial share sale received bids for 49,43,63,610 shares against 46,51,59,451 shares on offer, translating into 1.06 times subscription, according to the NSE data.
Younger people, who usually have a longer investment horizon which allows them to handle the interim volatility, may go for them.
Anita Dewan, vice president of marketing at Bharti AXA Life Insurance on handling gender discrimination and achieving success against odds.
Irda nod to policies with flexible premium, sum assured and tenure.
The minimum entry age for both plan is 18 years.
Sukhwinder Kaur doggedly pursued her case against Bharti Axa Life Insurance in the consumer courts.
The company received a fresh equity infusion in 2012-13.
It will bring in more transparency and reduce mis-selling
The benchmark has gained 2 per cent this week on continued hopes the incoming Narendra Modi government would unveil substantial economic reforms.
Indian market has been plagued by negative sentiment and triggers
'Policy was more in line with the expectations.'
Bharti Retail launched its first mall, The Pavilion, in Ludhiana.
Online policies are cheap because there is no agent's fee involved, other administrative costs of the insurance company are lower and, most importantly, these use the latest statistics for calculating premia.
The cutback on export credit refinance facility is another step towards a shift away from sector-specific liquidity allocations.
After the policy gets paid up, opt for ETI plan if you wish to extend your life cover or take the reduced paid-up if you need cash in hand
Many people struggle to claim or liquidate investments and insurance policies due to procedural issues.
The industry's reactions to the Budget have been mixed.