Apr 08, 2015 at 19:15 | Source: PTI
The RBI notification follows DIPP, Commerce Ministry's press note in March regarding operationalisation of increased FDI limit of up to 49 percent in the insurance sector.
Mar 23, 2015 at 12:19 | Source: Reuters
Speaking at a debt market summit in Mumbai, Gandhi also called for a "reassessment" of the role played by pension funds and insurance companies in corporate bond markets. Both categories of investors face limitations in investing in corporate debt.
Mar 16, 2015 at 14:31 | Source: Moneycontrol.com
Despite the heady run-up insurance stocks have seen in expectations of the foreign direct investment (FDI) limit being hiked (the bill finally passed in Parliament on Friday), Societe Generale BFSI analyst Santosh Singh said many still have further room for rally.
Mar 13, 2015 at 11:19 | Source: Moneycontrol.com
Max India, also, tops list of Edelweiss. It does not expect any earnings kicker in near to medium term but feels the move will go a long way in boosting sentiments. Edelweiss agrees that the reform will pave way for listing on bourses.
Mar 13, 2015 at 09:15 | Source: Moneycontrol.com
Max India and Reliance Capital surged as foreign ownership limit in insurance sector has been hiked to 49 percent from 26 percent.
Mar 12, 2015 at 21:44 | Source: CNBC-TV18
Analjit Singh, Chairman, Max Healthcare Chairman, Max Bupa Health Insurance Co while congratulating the government for passage of the Insurance (Amendment) Bill in Rajya Sabha said the company is now in a sweet spot.
Mar 10, 2015 at 17:48 | Source: PTI
Employees' Provident Fund Organisation's (EPFO) apex decision making body, Central Board of Trustees, headed by the Labour Minister, is also likely to appoint new fund managers for three year term, beginning April 1, and raise age limit for vesting of pension by two years to 60.
Mar 02, 2015 at 20:14 | Source: PTI
The hike in foreign direct investment (FDI) limit in the insurance sector was allowed through an Ordinance issued last year-end. A Bill to replace it is likely to be presented in the Lok Sabha on Tuesday.
Mar 01, 2015 at 13:41 | Source: Moneycontrol.com
We are delighted that the budget has fulfilled the wish list of the health insurance sector and delivered on our long standing demand, of increasing the tax deduction limit under section 80D.
Mar 01, 2015 at 11:28 | Source: Moneycontrol.com
According to Amol Naikawadi, Joint Managing Director, Indus Health Plus, "The increase in tax exemption limit was a positive move to encourage people to equip themselves with health insurance. Another similar move was the increase in exemption limit for NPS scheme."