FDI cap in insurance to 49% is positive: Future Generali

Finance Minister Arun Jaitley announced a cap of 49 per cent while presenting the Union Budget 2014-15 on Thursday.  Munish Sharda, MD & CEO, Future Generali India Life Insurance shares his......

M&M, Manulife to form life insurance JV with 7,200 crore investment

Canadian firm Manulife and Mahindra & Mahindra (M&M), an Indian automaker with interests in financial services, have signed an agreement to form a 50:50 life insurance joint venture (JV) with a......

With firefighting behind them, insurers can now shift gears and focus on growth

Recent years have been turbulent for the insurance industry due to direct and indirect tax reforms, regulatory overhaul and other external pressures. Illustration: Uttam Ghosh The events......

Indian lenders worried over Future group's diminishing asset base

The Indian lenders are worried over the fast depleting asset base of the Future group companies which would make their recovery of dues difficult. Photograph: Niharika Kulkarni/Reuters The asset......