Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech (JIL) projects, at least 20,000 homes are yet to be delivered. Supreme Court documents show that, till last March, Jaypee had issued 7,997 offers of possession to homebuyers while executing only 6,530 sub-lease deeds. These deeds offer homebuyers possession rights but, unlike registration, does not guarantee absolute ownership.
Company launches claim guarantee scheme for customers.
Pharma, insurance and consumer goods companies try to tap the business opportunity
Endowment Plus is a unit-linked product that offers investment-cum-insurance during the term of the policy.
The GIFT City management is in talks with Hong Kong, London, and Singapore arbitration centres
The Code on Social Security, 2020 gives a lot of comfort to gig firms which recognise cab drivers or food delivery executives as 'independent contractors' who directly do business with customers with the help of their digitised platforms.
US trade body says, India's business climate is improving due to economic reforms.
The Sebi-Irda tussle will change Ulips forever. What it means for millions of investors.
Development officers and agents of LIC are promoting Money Plus claiming to offer astronomical returns
Here's a quick look at the likely changes proposed for selling unit linked insurance plans from September 1, 2010 and how they will impact investors.
The Centre has announced an extension for two more weeks in the nationwide lockdown. However, several relaxations will be allowed as per zones.
Lenders to DHFL will meet early July to hammer out a rescue package, which will include the reworking of loan payments, fresh working capital support, roping in a financial investor, and the promoters ceding control.
There seems to be no dearth of funds to fuel this growth, report Peerzada Abrar and Shivani Shinde.
The economy is gaining traction with gradual pick up in manufacturing activity and moderation in contraction of services, spurred by comfortable liquidity conditions, an RBI article on Tuesday said. Observing that the retreat of the second wave of coronavirus pandemic has been slow, the RBI in an article on the 'State of Economy' said, the aggregate demand conditions are buoyed by the release of pent-up demand post unlock, while the supply situation is improving with the monsoon catching up to its normal levels and sowing activity gaining pace. "Reaffirming the traction that the economy is gaining, the manufacturing activity is gradually turning around, while contraction in services has moderated.
Employees of public sector undertakings, banks, insurance companies and the central and state government have decided to participate in the Left Front sponsored strike on September 29.
Insurance and investment are two different needs. Then, there are Ulip pension plans with no sum assured. No wonder, there is confusion.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The government on Monday said that the two regulators, the Securities and Exchange Board of India and the Insurance Regulatory and Development Authority, have agreed to maintain the status quo that existed before market regulator's ban on 14 life insurers from raising funds for unit-linked schemes.
Around 81 per cent of the workers constitute the unorganised sector - devoid of any social security cover and outside the purview of a complex set of labour laws.
With clients increasingly looking at cost optimisation by passing on the risks to the IT vendors and IT services players demanding longer tenure deals to hedge their risks, a mix of these two factors are giving rise to large deals coming up in the market with a lot of strings attached.
The guidelines listed several services including government and private offices that will be out of bounds during the period, while exempting establishments such as hospitals, ration shops, dairies, banks, insurance offices, and print and electronic media. Delivery of all essential goods including food, pharmaceuticals, medical equipment through e-commerce has also been exempted from the purview of the lockdown.
Sebi is locked in a turf battle with insurance regulator IRDA over who has jurisdiction over ULIPs.
From its March 2020 low, Bitcoin has gained a massive 474 per cent and has surged 214 per cent year-to-date.
Investors must, however, be prepared for volatility in ELSS, cautions Sanjay Kumar Singh.
'If there were no Ahmedabad programme -- no flashy town hall event in a huge cricket stadium with thousands cheering him on -- then Trump may well have decided not to go to India.'
A day after the finance ministry brokered a truce between two financial sector regulators, Sebi on Tuesday said any new ULIP scheme launched after April 9, 2010 by insurance companies will remain covered by its earlier ban order.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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.
This was the one Budget that required radical departures on all these fronts, when it had none, asserts, Shreekant Sambrani.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
'Is baar vote jati par nahi, kaam par milega.'
The liquidity-fuelled rally will continue for some time, however, fundamentals are getting stretched.
Regulators are expected to work within their domain, says Pranab Mukherjee.
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
The United Nations estimates about one third of the world's 1.2 billion poorest people live in India
With the Securities and Exchange Board of India abolishing the entry load on mutual funds, sector experts believe distributors are likely to aggressively push high-commission insurance products. The quashing, applicable from August 1, will bring down their commission to less than half of what they earn right now. The result is likely to be aggressive selling of, for one, unit-linked insurance plans (Ulips).
PV registrations in this year's festive period stood at 287,717 units as against 333,456 units in the corresponding period last year, down 14 per cent. Two-wheeler registrations also fell by 13 per cent to 15,83,276 units as against 18,11,703 units in the year-ago period.
The cornerstone of any efficient financial market is certainty and coherence in its regulatory framework.
Why do we need a cure here for peculiarly Western diseases when we don't have those diseases, and which the West itself is not trying to cure, asks Debashis Basu.