Her reasoning is simple, "It's a Tata company. No shareholder will let go of this opportunity," she told Business Standard. When asked if the other reason for lining up for the IPO is the technology sector and the fact that the combination of Tata and tech is happening after almost two decades, she replied: "The name of the company and the group matter. Tata means stability and credibility," she added.
Don't think twice to secure your most prized possession. It protects your precious home against unforeseen calamities
Life Insurance Corporation still commands 90 per cent of the insurance market despite the rush of private insurance companies in the country, LIC chairman R N Bhardwaj said on Thursday.
PAN will be a must for all transactions, including purchase of jewellery, above Rs 200,000 with effect from January 1, 2016
However, three of the policy's four funds have been performing below the benchmarks, for the last two years.
As a result of the mass state-led scheme, the processes in the health insurance market could get simplified over time and become uniform
This October it would be three years since the first set of private companies were issued underwriting licences by the Insurance Regulatory and Development Authority.
If you are the proud owner of a ULIP - go back and check the premium you pay and find out the minimum premium that is payable for your policy.
Even though the Life Insurance Corporation of India increased its market share to 74 per cent in terms of total new business premium policies in March 2007, compared with 72 per cent in March 2006, it has lost market share.
To curb mis-selling of policies and rationalise commissions, radical changes have been proposed to help investors.
GIC Re hinted that it may increase its reinsurance premium in Nepal.
Rakesh Kaul, CDO, Edelweiss General Insurance, answers your health insurance queries.
Term plans not only give high cover for low premiums, they are flexible and can help you cover various loans as well
Unfazed by competition from private players, state-owned Life Insurance Corporation of India on Tuesday said it has attained yet another landmark by bringing in 2.05 crore (20.5 million) lives under insurance cover till March 15.
Jimmy Patel, MD & CEO, Quantum Mutual Fund, suggests some valuable financial gifts for your children.
The applicant must have an operational savings bank account.
Nikhil and Arpita explain their monthly spending pattern.
If you are covered under group insurance policy, you should take another cover, in addition to the base employee cover. Additional cover is useful in 2-3 conditions.
All payments made via debit and credit cards, net banking and mobile wallets will be entitled to discounts.
The three year lock-in period enables ELSS fund managers to invest in high conviction stocks for a long period of time because of relatively less redemption pressure, says Dwaipayan Bose
The pandemic should force you to take a hard look at the downside risks that could jeopardise your finances.
Individuals, proposing to take a personal accident cover, should also note that this policy is an annual renewable policy. And at every renewal supporting income documents need to be submitted to justify the cover taken.
There is churning at the top in IDBI Bank's two group entities.
'If you are a smoker, you should not provide misleading information to the insurer about your smoking habit in the insurance proposal form,' advises Pankaj Razdan.
You tax-saving investments should not only depend on good returns but also take into consideration the various stages in your life to optimise your investments.
The amount of money lying unclaimed with the Life Insurance Corporation of India dwarfs the budgets of many ministries. There was Rs 21,539.5 crore which lay unclaimed with India's largest insurance company, according to details in the initial public offer (IPO) document it filed over the weekend. The regulatory documentation is ahead of LIC selling shares to the public through the stock exchange for the first time this financial year. This will be India's largest ever public listing.
Aviva Life Insurance has hiked its capital by Rs 77 crore (Rs 770 million) to Rs 320 crore (Rs 3.2 billion) to sustain its business growth in the next fiscal.
Amendment to the Act, sovereign guarantees, investment portfolio, realty holdings, and governance issues to shape valuation.
Do you know the most common exclusions in a mediclaim plan? Or, why your base premium keeps increasing over a period of time?
Life Insurance Corporation earned Rs 5,800 crore (Rs 58 billion) net profit during 2005-06 while its first premium income during the period grew by a record 48 per cent to Rs 18,085 crore (Rs 180.85 billion).\n
Life Insurance Corporation of India will further strengthen its financial position and is all set to rebound with a 20 per cent growth in premium income to over Rs 11,600 crore this fiscal, LIC chairman S B Mathur said.
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