News for '-n-rangachary'

Two Insurers Announce Investment In Bima Sugam

New India Assurance and Niva Bupa have invested in the Bima Sugam India Federation.

'How Can IRDAI Ask Insurers To Invest In Bima Sugam?'

'It is imprudent on the part of Indian insurance companies to invest out of the shareholders' fund in a private limited company.'

'God Save Insurance Industry'

'Some of the astounding proposals, if translated into statutory provisions, would be suicidal.' 'This would not be a wonder cure for increasing insurance penetration and only result in mushrooming growth of players like paan kiosks with deleterious consequences.'

PM panel to review taxation of devt centres, IT

The panel, headed by former Central Board of Direct Taxes chairman N Rangachary, will be in addition to the one set up to review the General Anti-Avoidance Rules provisions to address the concerns of foreign investors.

New Irda chief to review discount ban

Advice sought on pension fund investment channels

Pension schemes under pressure: Rangachary

Pension schemes across the world are coming under greater pressure due to low returns on investments and public reluctance to join them, chairman of Insurance Regulatory and Development Authority N Rangachary said.

Four in fray for IRDA top job

IRDA slaps penalty on Reliance General Insurance

Insurance and Regulatory Development Authority has slapped Rs 200,000 penalty on Reliance General Insurance Company for failing to meet rural sector business target for 2001-02.

Sahara gets Irda nod for life insurance entry

Insurance Regulatory and Development Authority has permitted Sahara Group to enter life-insurance segment, and issued 12 letters of intent to insurance broking entities, including three having foreign equity stake, to conduct business in India.

Irda to consult Sebi before allowing derivatives

Insurance Regulatory and Development Authority is consulting market watchdog Securities and Exchange Board of India before allowing insurers to invest in derivative products while planning to introduce a system of risk-based capital assessment by 200

The man who insured the future of insurance

C S Rao takes over as IRDA chairman

Seasoned bureaucrat C S Rao on Tuesday took over as chairman of the Insurance Regulatory and Development Authority and spoke of the exciting potential in the insurance industry with a huge market waiting to be tapped.

A regulator on a tightrope

IRDA chief picks holes in pension game plan

Final report to revamp insurance laws by December

The Law Commission is likely to come up with a final report on revamping all insurance laws by December this year after consultation with the Insurance Regulatory and Development Authority.

Insurance premium to double in 4-5 years

Insurance industry is poised to double its business with premium income expected to be 3 per cent of gross domestic product in 4-5 years compared to 1.6 per cent now, the Insurance Regulatory and Development Authority said on Wednesday.\n\n\n\n

Why the insolvency process will get longer and more litigious

Some experts says that the high net-worth requirement of Rs 50 crore for setting up an IU is a deterrent.

Relief for tech firms as I-T revokes circular on transfer pricing

Clarifies 'profit-split' will not be only method to compute tax

Govt's tax measures not enough to resuscitate IT firms, say experts

After setting up a committee under N Rangachary last year to look at taxation issues regarding the sector, the government has issued several notifications in the last eight months.