LIC will be subscribing bonds worth Rs 30,000 crore.
Patients from any part of the country will soon need to travel no more than three hours for treatment of the kind available in large metros.
While a company spokesperson said Bharti would either dilute its stake or exit the venture, the fund house is trying to rope in a bank to strengthen its distribution network. In addition, an asset management venture is seen to have closer links with banks, which are looking to offer a wide range of financial products.
The company has set up its new network platform in India entailing an investement of $30 million which would offer telecom and connectivitysolutions to over 150 customers in the country including banking, insurance and software firms, Cable & Wireless India managing director Sunanda Das said.
Why are family floater plans so very important? Anil Rego answered readers' queries in an online chat on October 7
The move is prompted by the disruption in the car usage pattern caused by the app-based ride-hailing companies such Ola and Uber
The survey by insurance firm Travelers, which surveyed 2,000 people across the US, showed that one out of eight respondents posts work-related information on social websites. According to the survey, more than 75 per cent of those who post anything personal online said they were 'not at all' or 'not very concerned' about information posted online causing professional damage.
Observing that the economic recovery was not yet fully entrenched, the RBI Governor said recovery is likely to be gradual.
The railways is expecting a revenue of Rs 1,84,820 crore during the current financial year (FY17).
India isn't just a testbed for SHAREit to find and perfect a new business model, but also the start of the company's globalisation dreams.
The Supreme Court has dismissed the appeal of ACC Cement, ruling that if a product is manufactured by one firm and sold by another with the latter's brand name, that sale would attract sales tax, not the first transaction.
Ideally, people who have a family medical history should buy high sum assured if they can afford the premium of the same.
It will carry out most banking operations like accepting deposits but can't advance loans or issue credit cards.
Why are investors gung-ho about State Bank? asks Tamal Bandyopadhyay.
The vertical will be based out of Bengaluru.
Three stockmarket experts give their best picks for the New Year.
Not just from the likes of Alibaba and Didi Chuxing, Indian startups saw a surge in Chinese funding from financial investors in 2019. This is a seven-fold jump from $459 million in 2016.
Prime Minister Narendra Modi has been named among the 30 most influential people on the internet by Time magazine in a list which also features US President Barack Obama.
The railway minister has steered clear of populist traps and refrained from making grandiose announcements in terms of new trains and new rail routes. He should now emulate China, and rope in Japan in boosting the rail network, says Rajeev Sharma.
DIG A P Muhammad Ali, Assistant Commissioner of Police Shankar and LIC's administrative official Ramaswamy were among those arrested.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
UTI's legacy and brand recognition, together with a robust distribution network and access to public sector money, could work in its favour, and help it command a premium
Indian Railways has tied up funds for the next two years for its ambitious modernisation programme.
'Even during the lockdown, we have received many online enquiries and subsequent bookings.'
The first stage of the inclusion strategy was focussed on opening bank accounts, logically seen as creating the last-mile channels for financial access.
Outsourcing company iGate Corporation on Wednesday said it has bagged a major five-year contract worth over $100 million (about Rs 598 crore) for providing global infrastructure services for insurance major MetLife, Inc.
Cab aggregators caught between showing profitability to investors, increasing their network and dabbling in areas such as food ordering have seen a major blow to their primary business.
After retirement, the pressure on finances increases in the absence of regular income. Here are a few suggestions to ensure a smooth post-retirement life
He was in news after the then DIG (Prisons) D Roopa recently alleged that Telgi was among several prisoners who received special treatment in the jail.
Experts say Biyani will now become a contract manufacturer of fashion and FMCG products, with the Reliance group being one of his customers.
The company has signed deals Mint and digital television network Ping.
The online world is driven by convenience, simplicity and speed.
In 2015, e-commerce contributed significantly to the growth in television advertising revenues.
British insurer Friends Provident may cut its UK staff and move their positions to India, British daily The Independent said on Thursday.\n\n\n\n