News for 'United India Insurance'

Sebi's proposed tweaks likely to lead to big churn in F&O stocks

Sebi's proposed tweaks likely to lead to big churn in F&O stocks

Rediff.com11 Jun 2024

The market regulator's newly proposed selection criteria for the over Rs 400-trillion-a-day futures and options (F&O) market could pave the way for the entry of popular stocks such as Life Insurance Corporation (LIC) of India, Jio Financial Services, Zomato, Paytm, DMart, and Adani Energy into the derivatives segment. The Indian derivatives market, which accounts for most of the trading volumes, could see big churn with over two dozen exits from the current list of 182 stocks due to an upward revision in the eligibility thresholds.

NC promises Article 370, autonomy, statehood resolution

NC promises Article 370, autonomy, statehood resolution

Rediff.com19 Aug 2024

Restoration of Article 370 and Jammu and Kashmir's statehood as well as implementation of the autonomy resolution passed by the erstwhile assembly in 2000 are among the National Conference's 12 guarantees announced in its manifesto for the upcoming polls.

India-Pakistan tensions may not impact insurance covers, say experts

India-Pakistan tensions may not impact insurance covers, say experts

Rediff.com1 Mar 2019

All covers have a war exclusion clause. For cargo, shipping, and aviation industries, war schemes are available.

Understanding life insurance

Understanding life insurance

Rediff.com13 Apr 2016

A dummy's guide to what insurance is all about

Health Insurance TPA of India to be launched soon

Health Insurance TPA of India to be launched soon

Rediff.com14 Dec 2015

It will help in reducing the turnaround time.

ICICI Lombard top private insurer

ICICI Lombard top private insurer

Rediff.com12 May 2004

The three PSU insurers managed a meagre 2-4 per cent growth in business and eroded their market shares, while private players grew by 70 per cent to grab over 14 per cent of the general insurance market during 2003-04.

How To Secure Child's Financial Future

How To Secure Child's Financial Future

Rediff.com7 Aug 2024

By following the path of Kula Dharma as mentioned in the Bhagavad Gita, you will not only be securing your child's future but also contributing to your own early sukoon (peace and well-being), says Vatsal Ramaiya

General insurance firms offer value-added products

General insurance firms offer value-added products

Rediff.com5 May 2009

Having got the regulatory clearance to offer add-on insurance policies, non-life insurers are now preparing to launch the same in the coming weeks. Some of the insurers have said, however, that they need some time to launch these products. They say that, unlike commercial products which can be launched straight away, products meant for retail consumers need a certain level of preparation before they are ready for sale.

'No Hurry To Convert To Universal Bank'

'No Hurry To Convert To Universal Bank'

Rediff.com11 Jun 2024

'Have a long way to go even as a small finance bank, both in terms of size, and in terms of fulfilling our aspirations for financial inclusion.'

'To Avoid Double Taxation, Can I...?'

'To Avoid Double Taxation, Can I...?'

Rediff.com16 Jul 2024

rediffGURU Vivek Lala answers your income tax and personal finance queries.

Strikes And Lockouts Decline By 90%

Strikes And Lockouts Decline By 90%

Rediff.com17 May 2024

Industrial disputes dropped 89.3 per cent to 34 in 2022 compared to 318 a decade ago, shows central and state data.

India Inc making workplace more inclusive for persons with disabilities

India Inc making workplace more inclusive for persons with disabilities

Rediff.com4 Dec 2023

As the world celebrated International Day of Persons with Disabilities (PwD) on December 3, corporate India has kept up with efforts to make workplaces more inclusive and accessible. Organisations across sectors are taking initiatives such as equipping offices with practical work tools like Braille-friendly and voice-enabled lifts and screen readers. While inclusion has gained pace, only 11.3 per cent (or 3.4 million out of 30 million) Indians with disabilities have jobs.

A second attempt for India's first private insurer

A second attempt for India's first private insurer

Rediff.com21 Apr 2016

HDFC Life has a balance between traditional policies and Ulips

No govt committee to probe Adani, Lok Sabha told

No govt committee to probe Adani, Lok Sabha told

Rediff.com13 Mar 2023

The government has not set up any committee to probe allegations a US short seller labelled against the Adani Group, but stock market regulator SEBI is investigating market allegations against the group, the Lok Sabha was informed on Monday. A separate investigation into imports of Indonesian coal by the conglomerate hasn't reached finality, Minister of State for Finance Pankaj Chaudhary said. Lok Sabha saw several questions being put by MPs to the government on the Adani issue, which were replied through written responses by the minister.

Passenger vehicle wholesales jump over two-fold to 251,052 units in May

Passenger vehicle wholesales jump over two-fold to 251,052 units in May

Rediff.com10 Jun 2022

Passenger vehicle dispatches to dealers in India rose over two-fold last month on a low base of Covid-19-hit May last year. As per the Society of Indian Automobile Manufacturers (SIAM), passenger vehicle wholesales rose to 2,51,052 units last month as compared to 88,045 units in May 2021. The two-wheeler sales rose to 12,53,187 units in May as compared to 354,824 units in the year-ago period.

State-run non-life insurers' unions seek merger of all 4 companies

State-run non-life insurers' unions seek merger of all 4 companies

Rediff.com17 Aug 2014

Move to strengthen market share and become more profitable.

'We Have An Indian Tiger That Needs To Be Uncaged'

'We Have An Indian Tiger That Needs To Be Uncaged'

Rediff.com10 Oct 2024

'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'

Stake sale in insurance cos could net govt upto Rs 18K crore

Stake sale in insurance cos could net govt upto Rs 18K crore

Rediff.com19 Jan 2017

The main concern among industry and market experts is that the governance in these companies needs to be strengthened and the focus on social insurance has to come down.

Companies Plan Yoga Day Celebration

Companies Plan Yoga Day Celebration

Rediff.com21 Jun 2024

'An in-house contest encourages employees to share yoga and well-being practices with their families.'

Hotel liable for guest's stolen car from its parking lot

Hotel liable for guest's stolen car from its parking lot

Rediff.com17 Mar 2018

Merely stating that parking was 'at owner's risk' would not absolve the hotel of its liability.

How To Align Your Portfolio This Year

How To Align Your Portfolio This Year

Rediff.com23 Jan 2024

The bulk of an investor's portfolio should be in shorter-duration funds of up to one year portfolio duration.

India-US joint statement puts trade at heart of enhanced ties

India-US joint statement puts trade at heart of enhanced ties

Rediff.com23 Jun 2023

India and the US on Thursday said they are looking forward to the reconvening of the India-US Trade Policy Forum later this year to further enhance trade relationship and identify new areas for engagement.

Slow moving insurance sector needs a push from the new Bill

Slow moving insurance sector needs a push from the new Bill

Rediff.com5 Nov 2014

The Bill will come up for discussion in the upcoming winter session of the Parliament.

Insurers, MFs worried about impact of Sitharaman's tax 'sop'

Insurers, MFs worried about impact of Sitharaman's tax 'sop'

Rediff.com2 Feb 2020

While the proposed new tax regime is optional for taxpayers, the finance minister has said the government eventually wants to do away with all exemptions with a lower tax-rate simplified structure.

2 Covid-19 insurance schemes to be launched on July 10

2 Covid-19 insurance schemes to be launched on July 10

Rediff.com28 Jun 2020

All costs relating to room, boarding, nursing expenses, medical consultation including telemedicine, consumables such as PPE kits and intensive care unit will be covered under the policy. It will also include the cost of treatment for any other co-morbidities, including pre-existing comorbid conditions along with the treatment for Covid-19.

Buying Financial Products? Beware!

Buying Financial Products? Beware!

Rediff.com27 Nov 2023

Avoid relying on a bank RM for investment advice. Instead, approach a Sebi-registered investment advisor whose livelihood depends on the fee paid by his customers and not on product commissions.

A dummy's guide to life insurance

A dummy's guide to life insurance

Rediff.com1 Apr 2017

Naval Goel explains all that you wanted to know about life insurance but didn't know who to ask

GST authorities quiz auto dealers on fake invoicing

GST authorities quiz auto dealers on fake invoicing

Rediff.com26 Apr 2023

Expanding investigation into allegedly wrongful claims of input tax credit by insurance companies, the tax authorities are probing a section of automobile dealers who have supposedly generated fake invoices without providing any service, which is a punishable offence under goods and services tax (GST) law. The authorities are learnt to have questioned the car dealers to explain the services they provided general insurance companies. The investigators suspect car dealers pitched for insurance schemes that give them commissions in excess of those insurance regulations permit.

Govt junks Tesla's demand for company-specific incentives

Govt junks Tesla's demand for company-specific incentives

Rediff.com1 Dec 2023

India will never provide company or enterprise-specific incentives in the electric vehicle sector, a top government official said on Friday, amid a push from American electric carmaker Tesla for special sops to set up its factory in the country. If the government has to consider providing incentives then it will only be for all EV makers and entrants who want to come to India, the official said. The official added that inter-ministerial discussions have happened on the customs duty concession demand of the US-based electric car maker Tesla, but "we never" came to any conclusion on those.

Wooing Tesla: 4 States Pull Out All Stops

Wooing Tesla: 4 States Pull Out All Stops

Rediff.com15 Apr 2024

'Gujarat is the frontrunner at present.'
'However, Tamil Nadu's robust automobile ecosystem and Telangana's aggressive incentives make them strong contenders.'

No insurance Bill in winter session as politics overtakes

No insurance Bill in winter session as politics overtakes

Rediff.com25 Nov 2014

The insurance Bill seeks to increase the cap on shareholding of foreign investors

Buying insurance cover: Do women matter?

Buying insurance cover: Do women matter?

Rediff.com3 Nov 2017

There is discrimination against women in insurance cover. As a flood of insurance companies tap the capital markets with public issues, there is however, hardly any reference to this asymmetry. Subhomoy Bhattacharjee reports

Set for India comeback, Saini to miss July county stint

Set for India comeback, Saini to miss July county stint

Rediff.com23 Jun 2023

Navdeep Saini, who made a comeback to the Indian Test squad, will miss three matches for his English county side Worcestershire.

Israel-Hamas conflict: Indian exporters may face higher risk premiums, shipping costs

Israel-Hamas conflict: Indian exporters may face higher risk premiums, shipping costs

Rediff.com8 Oct 2023

Indian exporters shipping goods to Israel may face higher insurance premiums and shipping costs due to the Israel-Hamas conflict, according to experts. Israel witnessed a surprise and unprecedented multifront attack by air, land and sea by the Hamas militant group, which rules the Gaza Strip, in its southern parts on Saturday morning. The International trade experts said the conflict may reduce the profits of domestic exporters but will not impact trade volumes unless war escalates.

General insurance biz grows by 12.5%

General insurance biz grows by 12.5%

Rediff.com12 Apr 2004

The general insurance industry recorded 12.5 per cent growth in business at Rs 14,452 crore (Rs 144.52 billion) during April-February 2003-04, mainly on the strength of a robust 72 per cent growth of private players.

Houthi attacks on Russian oil tankers complicate things for Indian refiners

Houthi attacks on Russian oil tankers complicate things for Indian refiners

Rediff.com19 Feb 2024

The unexpected missile attack on a second India-bound ship carrying Russian crude, just three weeks after the first, has complicated matters for domestic refiners. India now counts the Vladimir Putin-led nation as its biggest oil supplier, according to Paris-based market intelligence agency Kpler, and these attacks come on top of US sanctions since December, where vessels that bring crude to India are facing heightened scrutiny. Panama-registered Pollux, which loaded crude at the Sheshkaris oil terminal in the Russian port of Novorossiysk on January 24, was scheduled to deliver the medium, sour Urals grade to Paradip port on February 28.

Insurance for NRIs

Insurance for NRIs

Rediff.com27 May 2010

A N Shanbhag and Sandeep Shanbhag answer the queries of the readers on investment issues