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  • US' Reinsurance Group gets initial nod to set up India branch Jul 02, 2016 11:20 AM IST

    US' Reinsurance Group gets initial nod to set up India branch

    US-based life and health reinsurer Reinsurance Group of America (RGA) has received the first level approval regulator Irdai to set up a branch in the country, a company official said.

  • Bhattacharya says she will continue to helm SBI Feb 11, 2016 09:12 PM IST

    Bhattacharya says she will continue to helm SBI

    There are media reports that Bhattacharya, who is a first woman chairperson of SBI in its over 200 years of history, is among the front-runners for the post of Sebi chairman after the current chairman UK Sinha's tenure ends on February 17

  • Foreign reinsurers may repatriate profit: IRDAI report Oct 07, 2015 09:41 AM IST

    Foreign reinsurers may repatriate profit: IRDAI report

    The Insurance Laws (Amendment) Act, 2015, permitted foreign reinsurers to set up branch office in the country. Following the enactment of the new Act, it had become necessary to examine the issues related to opening of branch offices of foreign reinsurers.

  • MCX crashes 17%, Mathew takes charge as chairman quits Mar 14, 2014 01:44 PM IST

    MCX crashes 17%, Mathew takes charge as chairman quits

    The board also dismissed speculative reports claiming that several board members are likely to put in their resignations.

  • MCX-SX Chairman, other board members likely to quit Mar 13, 2014 09:20 PM IST

    MCX-SX Chairman, other board members likely to quit

    The directors on board of the exchange are likely hold an emergency meeting tomorrow, where Pillai and vice chairman Thomas Mathew T may resign, sources said, adding that two other public interest directors (Ashima Goel and D R Dogra) may also do the same.

  • MCX-SX now controlled by FIs, not Financial Tech: GK Pillai Nov 27, 2013 12:53 PM IST

    MCX-SX now controlled by FIs, not Financial Tech: GK Pillai

    The turn of events at NSEL has affected the credibility of the FT group in general, prompting brokers and investors to think twice before dealing with any of the companies in the fold.

  • MCX-SX undergoes top brass rejig; hunt for CEO still on Nov 01, 2013 07:36 PM IST

    MCX-SX undergoes top brass rejig; hunt for CEO still on

    Former home secretary GK Pillai was appointed as the chairman of the exchange, while Thomas Mathew, former LIC chairman is the new vice chairman. The new board will be deciding on a CEO soon.

  • Foreigners can buy USD 1bn Indian corp debt: Govt official May 29, 2012 03:32 PM IST

    Foreigners can buy USD 1bn Indian corp debt: Govt official

    Foreign retail investors can invest in Indian corporate bonds as well as debt schemes for up to USD 1 billion, in addition to the existing $20 billion limit, the head of capital markets division in the finance ministry said.

  • India to allow foreign investment in MFs from Aug 1 Jul 22, 2011 03:45 PM IST

    India to allow foreign investment in MFs from Aug 1

    India will allow qualified foreign investors to invest up to USD 10 billion in domestic mutual funds from August 1, a senior finance ministry official said on Friday.

  • LIC's market investments to top Rs 2 lakh cr in FY12: MD Jul 19, 2011 12:25 PM IST

    LIC's market investments to top Rs 2 lakh cr in FY12: MD

    The country's largest insurer LIC said its total investments in the market will cross Rs 2 lakh crore this fiscal.

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