The IRDA guidelines issued last month prohibits an insurer from investing more than 10 per cent in a company. LIC has invested more than Rs 1,300 billion in equities of different private and public sector companies. Prominent companies in which it holds over 10 per cent include Corporation Bank, Cipla, M&M, Maruti Suzuki, MTNL, Tata Motors, HPCL, Ranbaxy Labs, Oriental Bank, Dr Reddy's Labs, Tata Steel and Reliance Infra.
The public sector Indian on Tuesday conducted a probe against the pilot who had allegedly not allowed Indian Union Muslim League leader Abdul Wahab to board a flight at the Kozhikode International Airport. A statement of the airline staff on duty on Monday had been recorded and submitted to the executive director, Indian Airlines Southern Region, Chennai, AAI Station Manager N Kannan told UNI.
According to ICRA, even in a high-growth scenario, wherein the second half of FY20 sees the incremental bank credit rise to Rs 6.5-7 trn, there will still be a 40-45% year-on-year decline.
United Sporting and State Bank of Travancore (SBT) played out a 2-2 draw to share points in their last league match from Group A in the 30th Federation Cup Football championship in Barasat on Tuesday.
You need electricity, metallurgy, mechanics, propulsion etc. We don't see any evidence of these, Aniket Sule, Reader at the Homi Bhabha Centre for Science Education said.
A committee headed by Irda's member actuary R Kannan has suggested a grace period of 15 days for policyholders who pay premium on a monthly basis, while a 30 days grace period will be available to those who pay their premium annually, half-yearly or quarterly.
Irda is planning credit rating for insurance companies. Such a move will enable the regulator to grade insurance companies.
The latest updates from the Malayalam film industry.
The CBI's anti-corruption wing registered a case in March on the basis of a complaint received from the Union health and family welfare ministry.
An Indian-American youth, who returned to New Delhi last month to pursue studies, was on Monday found murdered at his rented house in north-west Delhi. Kannan Mehra (21), who was pursuing philosophy course in Delhi University, was found with stab wounds on his neck at his residence in Hudson Lane in Mukherjee Nagar by his landlord, a senior police official said.
'Your confidence is shaken when the government does what it does these days, but then it is the same confidence that gives you the courage to stand up to the government's high-handedness.' 'There will always be people who will not fear jails or the physical and mental torture that visit citizens protesting against the government's draconian policies and laws.' 'There will always be Indians who will not be afraid to face the consequences of fighting for their Constitutional rights.'
Emboldened by the Kannan Devan success story in Kerala, Tata Tea Ltd said the company does not see any hurdle in the participation of its employees and workers of Assam and West Bengal
With Mindy Kaling producing as well as writing parts of Never Have I Ever, Indian-American characters are telling their own story instead of having it told for them.
Rohan Gajjar and Purav Raja advanced to the doubles second round of the USD 10,000 ITF tennis event after registering a comfortable straight sets victory at the CLTA stadium on Monday. The third-seeded pair beat Vijayant Malik and Yannick Nelord 6-4, 6-2 in the first round match.
Get your low down on what's happening in the Malayalam film industry, right here!
The latest updates from the Malayalam film industry.
All the remaining four players lost their second round matches in the qualifying event of the Chennai Open.
Two Get Ahead readers tells you how to cope with your home loan EMI blues. They have done it and believe others can do it too.
One of the biggest actor of Bhojpuri films, Ravi Kissan reveals his affair with Nagma and more in this week's episode of Santa & Banta Newz Unlimited.
The saree, which has registered itself in the Guinness Book of World Records, weighs a mammoth 72 kg with the embroidery weighing nearly 15 kg. The total weight of the silk used in crafting this masterpiece is 57 kg.
Sukanya Verma lists her top 15 songs of the year.
Next time, when you drink your favourite black tea, it would come with a quality certification.
After authoring a sweet success story by giving the management of its Kannan Devan tea gardens in Munnar, Kerala, to the workers, Tata Tea is planning to replicate the experiment in the North India plantation operations.
Yuki Bhambri put up a brave fight before losing the second round against top seed Aqeel Khan 4-6, 6-7 (5).
Delhi-lad Yuki Bhambri set up a second-round clash with top seed Aqeel Khan of Pakistan after an easy first-round victory at the ITF tournament in Delhi.
It was a bad day for Indians at the $ 10,000 ITF men's event as all of them bowed out of the singles event after losing their second round matches.
Life insurance companies have yet to see the entry of the younger generation in a big way. This was highlighted by N S Kannan, executive director, ICICI Prudential Life Insurance, while launching an insurance product for cancer.
Sanjay Kapoor elected AICF President, Chauhan retains secretary's post.
The Madras Management Association, in partnership with the Institute for Financial Management and Research, has launched a Postgraduate Certificate Programme in Business Management.
Third seed Karan Rastogi dropped a set before overcoming lower-ranked Huai-En Chang of Chienese Taipei in the first round of the Oil India ITF Futures tournament.
Everonn Systems India Ltd, a significant player in computer education in schools and colleges in South India has unveiled Zebra Kross, a technology-enabled retail learning centre.
