News for 'PSU Insurer'

'PM Modi's healthcare plan is a welcome but interim measure'

'PM Modi's healthcare plan is a welcome but interim measure'

Rediff.com14 Feb 2018

There is a large population standing outside the coverage of primary healthcare, says Praveen Gupta of Raheja QBE.

Chip shortage may spoil the party for carmakers this festive season

Chip shortage may spoil the party for carmakers this festive season

Rediff.com6 Sep 2021

For automakers, the festive season is about raking it in through ramped up sales and attractive consumer offers. However, despite the robust demand, what may spoil the party this year is a global shortage of semiconductors.

Investors richer by over Rs 6.34 lakh cr as markets cheer Budget

Investors richer by over Rs 6.34 lakh cr as markets cheer Budget

Rediff.com1 Feb 2021

Investors became richer by over Rs 6.34 lakh crore on Monday as markets gave a big shout-out to the Budget 2021-22, which analysts termed as 'unprecedented' against the backdrop of the pandemic-induced slowdown. Cheering the Budget proposals, the BSE benchmark Sensex zoomed 2,314.84 points or 5 per cent to close at 48,600.61. During the day, it jumped 2,478.63 points to 48,764.40. This was the best Budget-day gain for the markets since 1997, analysts said. Following the extremely positive market sentiment, the market capitalisation of BSE-listed companies rallied Rs 6,34,069.67 crore to Rs 1,92,46,713.70 crore.

Markets: 'Volatility to remain higher than usual'

Markets: 'Volatility to remain higher than usual'

Rediff.com3 Jun 2022

'Periods of high volatility are usually bad for mid-caps and this is something that has to be kept in mind.' 'Focus on quality is of paramount importance.'

10 stocks from 5 sectors to stay on Ferris wheel

10 stocks from 5 sectors to stay on Ferris wheel

Rediff.com13 Oct 2022

India's equity markets are on a roller-coaster ride, after delivering spectacular returns for two consecutive years - in 2020 and 2021. The benchmark National Stock Exchange's (NSE's) Nifty50 is down 1.5 per cent in the first nine months of the current calendar year 2022 (CY22) as foreign portfolio investors sold Indian stocks due to rising bond yields in the US and across global markets, including India. The sell-off in the Indian equity markets has, however, not been broad-based and largely limited to sectors facing earnings headwinds from rising interest rates, lower commodity and energy prices, and likely economic recession in advanced economies.

'I want to make Rs 1 crore in 17 yrs'

'I want to make Rs 1 crore in 17 yrs'

Rediff.com7 Jan 2022

Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.

Bankers' fees for IPOs lowest in seven years

Bankers' fees for IPOs lowest in seven years

Rediff.com1 Nov 2017

In the first nine months of 2017, investment banks pocketed Rs 500 crore for helping companies raise Rs 30,853 crore through IPOs.

Investing in gold bonds? Read this

Investing in gold bonds? Read this

Rediff.com28 May 2021

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

'Economy is not bad as it was during the first wave'

'Economy is not bad as it was during the first wave'

Rediff.com11 Jun 2021

'While there has been an impact on economic activity, it is not as profound as the lockdown last year.'

MF GURU: '30K per month can create 80L in 10 years'

MF GURU: '30K per month can create 80L in 10 years'

Rediff.com2 Sep 2022

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Housing scam a very small incident: Montek

Housing scam a very small incident: Montek

Rediff.com25 Nov 2010

The reaction from Planning Commission Deputy Chairman Montek Singh Ahluwalia comes a day after the Central Bureau of Investigation arrested LIC Housing Finance CEO Ramachandran Nair and seven other senior bankers on charges of corruption and criminal conspiracy.

Want to invest in Corporate FDs? Read this

Want to invest in Corporate FDs? Read this

Rediff.com5 Nov 2020

When looking for alternatives, consider several parameters -- your investment horizon and liquidity requirement, post-tax returns, and risk.

ITI withdraws Rs 1,300-crore FPO over poor demand

ITI withdraws Rs 1,300-crore FPO over poor demand

Rediff.com6 Feb 2020

The government holds 90 per cent stake in ITI which is valued at Rs 7,550 crore.

Highlights of the Union Budget

Highlights of the Union Budget

Rediff.com29 Feb 2016

Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.

Govt seeks regulator's nod to sell IDBI Bank stake to LIC

Govt seeks regulator's nod to sell IDBI Bank stake to LIC

Rediff.com23 Jun 2018

The buyout will cost LIC about Rs 100 billion, based on the Rs 248 billion market capitalisation of IDBI Bank as on Friday, and assuming it acquires a 40 per cent equity stake from the government.

Over 25 crore workers participated in nationwide strike, say unions

Over 25 crore workers participated in nationwide strike, say unions

Rediff.com26 Nov 2020

Ten central trade unions except Bharatiya Mazdoor Sangh are observing one-day general strike on Thursday to protest against various government policies.

Discount on credit card usage at petrol pumps withdrawn

Discount on credit card usage at petrol pumps withdrawn

Rediff.com25 Sep 2019

Credit card payments to buy fuel at petrol pumps will from October 1 not get a 0.75 per cent discount that State-owned oil companies had introduced more than two-and-a-half years back to promote digital payments.

MFs you must buy, hold or exit

MFs you must buy, hold or exit

Rediff.com8 Oct 2020

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Go digital and get a discount on petrol, diesel

Go digital and get a discount on petrol, diesel

Rediff.com12 Dec 2016

The discount will be by way of cash back which will be credited to the buyer's account in three days from the transaction

UTI MF issue size likely to be up to Rs 4000 cr

UTI MF issue size likely to be up to Rs 4000 cr

Rediff.com21 Dec 2019

The IPO is an offer for sale of 38 million shares by SBI, BOB, LIC, PNB and T Rowe Price. Barring T Rowe and PNB, the others are selling stake to comply with Sebi norms.

Cruellest cut? Cashback on e-payment at petrol pumps slashed

Cruellest cut? Cashback on e-payment at petrol pumps slashed

Rediff.com2 Aug 2018

'Dear Business Partner, Kindly note and inform your all customers that Digital Cashback has been revised from 0.75 per cent to 0.25 per cent with effect from August 1, 2018 across oil industry for all loyalty customers,' said the text message sent by State-owned oil companies to petrol pump operators.

FinMin moots bank M&As

FinMin moots bank M&As

Rediff.com28 Nov 2005

The government on Monday said there was "tremendous" need for consolidation to enable banks gain financial muscle and absorb risks in the years to come.\n

Biz intel applications to boom

Biz intel applications to boom

Rediff.com23 Jun 2005

The business intelligence applications in India is poised to grow to $70 million by 2007, registering a compounded annual growth of 29.4 per cent, a report by Frost and Sullivan, a global growth consulting company said.

LIC saves the day for Rs 4200 crore IPO of Hindustan Aeronautics

LIC saves the day for Rs 4200 crore IPO of Hindustan Aeronautics

Rediff.com21 Mar 2018

LIC's Rs 3,000 crore bid helped HAL reach the minimum 10 per cent dilution threshold required for listing, sources said

Private risk firms eye A-I account

Private risk firms eye A-I account

Rediff.com14 Apr 2006

LIC may hit IPO trail

LIC may hit IPO trail

Rediff.com29 May 2004

Mutual fund investment: Buy, sell, or hold?

Mutual fund investment: Buy, sell, or hold?

Rediff.com11 Oct 2019

Wondering if you did the right thing with your mutual fund investments?

Budget: FM may raise divestment target for 2018-19 to Rs 100,000 crores

Budget: FM may raise divestment target for 2018-19 to Rs 100,000 crores

Rediff.com29 Jan 2018

This will encompass the sale of Air India, a number of other privatisation initiatives, mergers, initial public offerings, the Centre's two exchange-traded funds, buybacks and offers-for-sale, and even monetisation of land assets.

'2021 is the year of capital preservation'

'2021 is the year of capital preservation'

Rediff.com4 Feb 2021

'I have been advising investors since the last couple of months to at least take their capital out.' 'Most of the people have made 50-60 per cent in the market, if not more, they must at least take their capital out.'

'Fiscal deficit to be on target at 4.8% of GDP'

'Fiscal deficit to be on target at 4.8% of GDP'

Rediff.com8 Mar 2004

The Centre will contain its fiscal deficit to 4.8 per cent of GDP as it expects to mop up Rs 13,500 crore (Rs 135 billion) from the ongoing public offering of government equity in six companies, a senior finance ministry official said on Monday.

SBI Life to tap NRIs via SBI's foreign branches

SBI Life to tap NRIs via SBI's foreign branches

Rediff.com14 Jan 2003

SBI Life Insurance is in the process of seeking permission from foreign regulators to sell its products to Non-Resident Indians through the overseas branches of the State Bank of India.

Alert: Use up your old Rs 500 notes by Thursday midnight!

Alert: Use up your old Rs 500 notes by Thursday midnight!

Rediff.com14 Dec 2016

While cancelling the legal tender of 500 and 1,000 notes on November 8, the government had allowed them to be used for utility bill payments for the first 72 hours. This deadline was extended repeatedly and the last extension was granted till December 15.

Ask MF Guru: 'Have I invested in too many MFs?'

Ask MF Guru: 'Have I invested in too many MFs?'

Rediff.com14 May 2021

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Want to buy the best stocks with moderate risk?

Want to buy the best stocks with moderate risk?

Rediff.com28 Feb 2020

Ajit Mishra, vice president, Research, Religare Broking, answers queries on how to invest in stocks.

Why LIC buying 30% of IDBI Bank is bad news

Why LIC buying 30% of IDBI Bank is bad news

Rediff.com4 Jul 2018

'LIC's proposed investment will come out of what is technically called the 'policyholders funds'.' 'As the name implies, these monies belong to policyholders; that is, you, me and 25 crore others who have taken a total of 30 crore policies from LIC.' 'It is not the government's or LIC's money to play poker with,' says S Muralidharan, former managing director, BNP Paribas.

Decision on FDI cap soon: FM

Decision on FDI cap soon: FM

Rediff.com2 Jul 2013

Seeking to spur foreign investments, Finance Minister P Chidambaram has said the Union Cabinet will decide on raising FDI caps in different sectors in the third week of this month.

5 key takeaways from Jaitley's fifth Budget

5 key takeaways from Jaitley's fifth Budget

Rediff.com15 Feb 2018

The Budget for 2018-19 has at least five takeaways that are yet to receive adequate attention, says A K Bhattacharya.

How To Invest in 2022: Market Gurus' Gyaan

How To Invest in 2022: Market Gurus' Gyaan

Rediff.com31 Dec 2021

'There is no need to do anything, let your SIPs get deducted every month, and stick to your allocation between equity, fixed income and emergency funds and your risk covers.'

How investors are trying to meet short-term needs

How investors are trying to meet short-term needs

Rediff.com8 May 2019

After the rationalisation and categorisation of mutual fund schemes undertaken by the Sebi in October 2017, overnight funds have emerged as a distinct category.

Battle lines in Indian politics have been drawn

Battle lines in Indian politics have been drawn

Rediff.com3 Mar 2021

Not all change is good, but this one is, applauds Shekhar Gupta.