Nov 25, 2013 at 09:10 | Source: Moneycontrol.com
Jumbo Bag has informed that at around midnight on November 23, 2013, fire broke out in Unit II of M/s. Jumbo bag Limited situated at Athipedu Village, Chennai. The plant is covered by insurance. The Company estimate that 50% of the properties in the factory have been damaged. The reason for the fire is yet to be ascertained.
Oct 02, 2013 at 12:09 | Source: Moneycontrol.com
Amansa Capital Private Limited, Reliance Regular Saving Fund Equity Option and SBI Life Insurance Company bought 13,94,591 shares, 25,00,000 shares and 20,00,000 shares at Rs 75 apiece each, which were worth Rs 44.2 crore.
Sep 16, 2013 at 18:33 | Source: Business Wire India
Polaris Financial Technology Limited launched iGTB, the world's first complete global transaction banking platform at Sibos, Dubai today.
Sep 04, 2013 at 22:10 | Source: PTI
The government has agreed to a suggestion by opposition parties to take up the insurance bill in the next session of Parliament, after passing the pension bill in the current session. The insurance bill, pending in the Rajya Sabha since 2008, provides for increasing the foreign investment limit in the sector to 49 percent from 26 percent.
Aug 20, 2013 at 16:35 | Source: Business Wire India
American International Group, Inc announced that it is now offering globally up to $100 million in limits for Side A Directors and Officers liability insurance.
Jul 24, 2013 at 10:28 | Source: PTI
Irda imposed a penalty of Rs 10 lakh (Rs 5 lakh each for the financial year 2008-09 and 2009-10) for payouts made to corporate agent Barclays Investments & Loans (India) Ltd apart/over and above permissible commission limits
Jul 19, 2013 at 22:00 | Source: Moneycontrol.com
Deepak Yohannan of myinsranceclub.com explains on why insurance policy should not be used as an investment tool. It is best not to combine both the things and returns on insurance as an investment option will always be limited.
Jul 17, 2013 at 09:45 | Source: PTI
Mamata Banerjee attacked the Centre's decision to liberalise FDI limits in various sectors, particularly telecom, defence and insurance alleging it would put "the lives of common and poor people and the nation's security to grave danger".
Jul 11, 2013 at 15:51 | Source: Business Wire India
Mastek, an IT solutions player with global operations providing new technology and IP-led enterprise solutions with a focus on Insurance and Government verticals worldwide, today announced that it has been awarded the XCelent Service Award 2013 in Celents recently published report on Asia-Pacific Insurance Distribution Management Systems
Jun 26, 2013 at 10:27 | Source: Reuters
Shares of Reliance Capital Limited surged 3.4 perent on the back of its plans to spin off its consumer lending business into a new unit and sell minotiry stakes to Sumitomo Mitsui Trust Bank and Nippon Life Insurance.