There are many options in life insurance space. There is no ideal product for all. You have to understand your priorities and accordingly choose one.
Mastek group CFO and director finance Farid Kazani says the company is not acquiring Agile Tech, just acquiring its business. It is a strategic acquisition that will provide the company with great amount of leverage, he says.
Deven Choksey likes the power sector and public sector banks. He explains that the government is giving a lot of thrust to the power sector and in PSU banks, the government is clear that it wants to bring down its stake. He believes large cap PSU banks may be a good buying opportunity.
John Holden, CEO of Canara HSBC OBC Life Insurance shares his views on the recent Insurance Bill.
Hitesh Jain, Partner at ALMT Legal anticipates the hike in foreign investment limit to attract USD 8-9 billion over the next 5 years.
In an interview to CNBC-TV18, Rajeev Chandrasekhar, Member of Insurance Panel and Rajya Sabha MP, says the rationale behind having higher FDI in insurance is to have better penetration and consumer choice.
We bring you the key highlights of the draft Bill, which was approved by Congress, paving way for a long-pending economic reform.
The select panel on insurance has tabled its report in the Rajya Sabha today.
Rajya Sabha MP Rajeev Chandrasekhar says the draft report is pro-consumer and pro-choice legislation. He says there is no case for an opposition to this bill. He is hopeful that it will be passed in the winter session.
Rajya Sabha may approve report if there are not many dissents. The draft report, among other things has recommended 49 percent composite FDI in insurance, suggested changes in definition of reinsurance, sought to define the term `control' in Insurance Act and proposed power to IRDA in formulating norms subject to acts and rules.
There are two key recommendations of this select committee; the FDI cap of 49 percent will be a composite cap, which means that it will include all types of foreign instruments.
Watch the interview of Gaurav Mashruwala, Certified Financial Planner with Reema Tendulkar & Sumaira Abidi on CNBC-TV18, in which he spoke about health insurance policy and home loan.
Assuring India Inc of NDA's commitment to carry forward economic reforms, Finance Minister Arun Jaitley today said the government will come out with more steps to rationalise subsidies.
A Parliamentary Committee, examining the Bill on raising the FDI cap in insurance sector to 49 percent, will be presenting its report on December 8.
Among the more contestable U-turns are the alleged BJP promise to bring back black money in 100 days, failure to check cross-border incursions by China, resuming talks with Pakistan and then calling them off, and having a jumbo-sized ministry.
Shares in firms that have sizeable insurance businesses surged in early Mumbai trading Wednesday as the government moved a step closer to approving the proposal to increase foreign direct investment (FDI) in insurance a reality.
The long pending insurance bill got its biggest boost in recent times with Congress coming on board and supporting the bill. The select panel on insurance bill met today for clause by clause discussion on the crucial legislation. The panel is likely to submit its report on December 10 or 11, reports, CNBC-TV18's Rituparna Bhuyan.
The co-pay or co-payment clause in an insurance policy underlines to the fact that the policyholder will have to share the claim burden and co-pay a pre determined amount
As per Maslow, human beings are motivated to start at the base of the pyramid (physiological needs), fulfilling lower level needs before gradually making their way to the top of the pyramid
Gauging the exact cover required is critical, because if you mis-calculate, you could end up putting your family in a very tight spot
In case your car has been stolen, you have to lodge an FIR. Your claim won't be settled without it.
The deal ups the valuation of Reliance Cap to around Rs 7,300 crore or USD 1.2 billion.
Sashi Krishnan is overweight on banking and financial sector. Among other sectors, he is bullish on pharmaceuticals and IT
Watch the interview of Pranav Mishra of ICICI Prudential Life Insurance and Harsh Roongta of apnapaisa.com with Sumaira Abidi on CNBC-TV18, in which they shared their readings and outlook on insurance and term plans available.
Talking to media at an event in Mumbai, LIC Chairman SK Roy said the insurance giant has already made investments of more than Rs 45,000 crore for the current fiscal.