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LIC should ask itself who is the boss: The policyholder or Arun Jaitley

Jun 27, 2015

LIC should ask itself who is the boss: The policyholder or Arun Jaitley

The finance ministry uses the LIC as an investor of the last resort when its disinvestment offerings bomb. Most of the LIC's actions evade public scrutiny as it is 100 percent owned by the govt. A listing would make it more accountable #India #Business #Disinvestment #nifty #CriticalPoint #Arun Jaitley #Indian Banks #LIC #insurance policy #insurance companies #Policyholder
Jibes and tall claims: PM Modi's three-nation tour showed weakness not strength

Apr 18, 2015

Jibes and tall claims: PM Modi's three-nation tour showed weakness not strength

PM Modi has been making too many claims, like he did in Germany and Canada, of bringing immediate transformation which appear to remain in the realm of wishful thinking. #Economy #India #UPA #Congress #coal #Banks #InMyOpinion #insurance companies #Prime Minister Narendra Modi #Jan Dhan Yojana
Sundaram Fin to buy RSA's 26% stake in Royal Sundaram Alliance Insurance for Rs 450Cr

Feb 18, 2015

Sundaram Fin to buy RSA's 26% stake in Royal Sundaram Alliance Insurance for Rs 450Cr

Sundaram Finance Ltd today said it plans to purchase 26 percent equity stake in Royal Sundaram Alliance Insurance Company, owned by UK-based RSA Group, for Rs 450 crore. #Sundaram Finance #RSA Group #Royal Sundaram Alliance Insurance Company
Farmers under crop insurance cover in Assam

Jan 07, 2015

Farmers under crop insurance cover in Assam

The crops insured include both agricultural and horticultural crops like sali paddy, jute, black gram, green gram, ginger, turmeric, lady’s finger etc - grown between June and September, 2014 - an agriculture department release said. #Economy #Assam #PolicyWatch #States #Crop insurance #Reliance General Insurance Company #Weather-Based Crop Insurance Scheme #Kharif season #Cholamandalam GIC Ltd #Rabi season #National Agricultural Insurance Scheme
CBI registers enquiry over Irda reducing penalty on Anil Ambani's insurance firm

Oct 13, 2014

CBI registers enquiry over Irda reducing penalty on Anil Ambani's insurance firm

The CBI is probing allegations that a penalty of Rs 20lakh was imposed on the insurance company instead of Rs 17,500 crore. #CBI #Irda #J Hari Narayan #Preliminary Enquiry #Reliance General Insurance Company
 Cabinet nod for hiking foreign investment to 62% in Axis Bank

Dec 26, 2013

Cabinet nod for hiking foreign investment to 62% in Axis Bank

The approval would result in foreign investment of about Rs 7,250 crore in the country, a statement said. #Business #Investing #FDI #Axis Bank #CCEA #New India Assurance #National Insurance Company
How Cobrapost carried out its money laundering sting

May 06, 2013

How Cobrapost carried out its money laundering sting

Taking an alias, Cobrapost Associate Editor Syed Masroor Hasan, posed as a relative of a fictitious politician. #HowThisWorks #Finance #Banks #ICICI Bank #SBI #Money laundering #LIC #insurance companies #Cobrapost
Mumbai Indians sign 3-yr deal with Bajaj Allianz for Rs 30 cr

Mar 29, 2013

Mumbai Indians sign 3-yr deal with Bajaj Allianz for Rs 30 cr

Mumbai Indians has signed up Bajaj Allianz as its principal sponsor for a period of three years in a deal worth Rs 30 crore starting with this year's IPL season. #Mumbai Indians #Bajaj Allianz Life Insurance Company Limited #Bajaj Allianz #IPL 6
'Long-term investment strategy of insurance funds in offing'

Aug 28, 2012

'Long-term investment strategy of insurance funds in offing'

Finance Ministry sources told CNBC TV-18 that strategy on long-term investment of insurance funds is in the offing. #P. Chidambaram #NewsTracker #insurance companies