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To the health of policyholder!
May 18, 2013 at 21:36 | Source: The Hindu BusinessLine
“I made no claims on my medi-claim policy, taken in 2009, till recently, when my son fell sick. I am now told that my entire accumulated bonus is lost….” This is the lament of an aggrieved policyholder. And this is not an isolated ...
May 18, 2013 at 21:36 | Source: The Hindu BusinessLine
In January 2012, a litre of petrol cost Rs 25 more than a litre of diesel. This wide gap, which was steadily increasing, prompted many car buyers to choose diesel cars over petrol ones. But since last September, the gap between petrol and diesel pri...
Shariah index can bring in more investors
May 18, 2013 at 21:36 | Source: The Hindu BusinessLine
The BSE Tasis Shariah 50 index formed using the guidelines of the Islamic investment code and upon the advice of a Shariah advisory board allows investors to trade in stock markets without violating the Islamic code on investment and finance. Accord...
Bayonne Medical Center: Why this New Jersey hospital is the costliest in US
May 18, 2013 at 20:25 | Source: Economic Times
BAYONNE: The most expensive hospital in America is not set amid the swaying palm trees of Beverly Hills or the luxury townhouses of New York's Upper East Side. It is in a faded blue-collar town 11 miles from Midtown Manhattan. Based on the bills it s...
Chidambaram to meet Qatari Minister, business leaders on Sunday
May 18, 2013 at 17:56 | Source: DNA India
Seeking to enhance bilateral trade and cooperation, Finance Minister P Chidambaram will hold discussions with Qatar s Minister of Economy and Finance Yousuf Hussain Kamal and interact with business leaders at Doha on Sunday. Finance Minister is visi...
Draining IRAs too soon poses big risks
May 18, 2013 at 17:37 | Source: Market Watch
Americans between the ages of 61 and 70 are withdrawing money from their IRAs in amounts that are larger, both in absolute dollar amounts and as a percentage of their IRA account balance, than those taken by older households, according to a new repo...
Overseas business margins under pressure: SBI
May 18, 2013 at 17:37 | Source: Financial Express
Country's largest banker, State Bank of India, today said it would review returns from its foreign and domestic business after margins overseas came under pressure. "Overseas business margins are under pressure. My sense is domestic RoE (return of e...
ATM heist: India's IT sector in unwelcome spotlight
May 18, 2013 at 17:15 | Source: FirstPost
MUMBAI/BANGALORE (Reuters) - A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of outsourcing sensitive financial services to the Asian nati...
Overseas business margins under pressure: SBI
May 18, 2013 at 15:50 | Source: Business Today
Country's largest banker, State Bank of India, on Saturday said it would review returns from its foreign and domestic business after margins overseas came under pressure."Overseas business margins are under pressure. My sense is domestic RoE (return...
NIIT Technologies Q4 profit up 22 pc at Rs 56.6 cr
May 18, 2013 at 14:40 | Source: Business Today
IT solutions provider NIIT Technologies on Friday reported a 22 per cent increase in its net profit at Rs 56.6 crore for the quarter ended March 31, 2013, backed by all-round growth especially in the travel vertical.The Noida-based firm had posted a...
Its time planners did some jugaad on rural public transport
May 18, 2013 at 14:11 | Source: FirstPost
On the face of it, the Supreme Court order of May 15 directing all states to ensure that jugaad vehicles do not ply unless they are registered with the regional transport authorities and have third party insurance needs to be welcomed.Jugaad vehicles...
May 18, 2013 at 05:37 | Source: Market Watch
The recent Internal Revenue Service scandal — career officials deliberately delaying applications of certain organizations for tax-exempt status, and the IRS commissioner and acting commissioner are accused of lying to Congress about the matter â€...
India-EU trade talks fail to make headway
May 18, 2013 at 00:21 | Source: Business Today
In a set back to talks for the long-pending India-EU FTA, the chief negotiators' meet on Friday failed to bridge "substantial gaps" on crucial issues, including insurance and data security status for IT sector, creating a bleak possibility of a mini...
Standardisation of life insurance products likely by August
May 18, 2013 at 00:17 | Source: The Hindu BusinessLine
Mumbai, May 17: To fast-track the product approval process, the Insurance Regulatory and Development Authority (IRDA) has set the ball rolling by unveiling the standard parameters for five key life insurance products. After discussions with the Fina...
Bill on right to treatment for HIV patients
May 18, 2013 at 00:17 | Source: The Hindu BusinessLine
New Delhi, May 17: A Bill to ensure right to treatment and social security to HIV positive patients will soon be tabled in Parliament. Senior Rajya Sabha member of Congress and President of the Forum of Parliamentarians on HIV/AIDS, Oscar Fernandes,...
‘There is enough growth in the economy’ for entry of more banks
May 18, 2013 at 00:17 | Source: The Hindu BusinessLine
Offering the highest savings interest rates in the country, YES Bank is set to grow more aggressively in retail. Rana Kapoor, Managing Director and Chief Executive Officer, founded the bank along with late Ashok Kapur nearly a decade ago. Since then...
May 18, 2013 at 00:17 | Source: The Hindu BusinessLine
When Amit Nandy (not his real name) retired in 1981, the pension from the public sector company where he had been employed was enough for a comfortable life for him and his wife. His children were employed, the son at a pharmaceutical company and th...
May 18, 2013 at 00:17 | Source: The Hindu BusinessLine
Seldom does a highbrow debate keep the US on the boil for over 1000 days. The Patient Protection and Affordable Care Act — popularly called Obamacare — had done just that. Ever since being signed into law in March 2010, passionate argume...
India looking to float infrastructure 'feeder fund': Chidambaram
May 18, 2013 at 00:17 | Source: DomainB
Desperately seeking foreign investment in India's gloomy infrastructure sector, finance minister P Chidambaram told an audience in London that the government is considering setting up a London-listed 'feeder fund' for Infrastructure Debt Funds (IDFs...
NIIT Technologies profit in quarter up 22%
May 17, 2013 at 20:17 | Source: Financial Express
IT solutions provider NIIT Technologies today reported a 22 per cent increase in its net profit at Rs 56.6 crore for the quarter ended March 31, 2012, backed by all-round growth especially in the travel vertical. The Noida-based firm had posted a ne...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
